The Latest Breaking News from Centrica

Despite rebellion, approval of £18.7m package opens door to likelihood of US-style executive pay elsewhere

Details of Chris O’Shea’s ballooning package emerge in Centrica’s annual report after company reports bumper profits

Dan Rosenfield decides to sit as independent after being nominated by former PM in resignation honours list

Former PM’s ex-chief of staff Dan Rosenfield to become non-affliated peer – angering top Tories

Sir Howard Davies’ replacement has enough City experience to move bank on from Coutts fiasco

Rick Haythornthwaite, who leads boardrooms of Ocado and the AA, will succeed Howard Davies

Ofgem recently announced that firms can raise standing charges from 82p a day to 83p from October 1.

Amid the volatile economic backdrop, given the utility industry’s defensive nature and the transition to renewable sources of energy, it could be wise to scoop up the shares of top-rated utility stocks Enel SpA (ENLAY), Centrica plc (CPYYY), and TransAlta Corp. (TAC), which the investors can’t stop buying. Read more….

BRITISH Gas owner Centrica has seen a staggering rise of almost 900 per cent in earnings in part of the business, the firm has revealed.