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The Latest Breaking News from Centrica

UK energy group Centrica's surging profit sparks fury

London (AFP) - Britain's biggest domestic energy supplier Centrica on Thursday posted rocketing annual profit, sparking fury as Britons face soaring household electricity and gas bills that have fuelled a cost-of-living crisis.

AFP

Anti-poverty campaigners rage as energy giants rake in cash

Anti-poverty campaigners are fuming after the parent of Britain’s biggest home energy supplier said earnings more than tripled last year as consumers struggled to pay soaring utility bills

The Independent UK

Centrica boss urged to waive £1.6m bonus – but refuses to discuss it

‘Too early to have conversation’ abount bonus, says chief executive after record profits spark outrage

The Independent UK

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Centrica boss defends profit spike despite fury from campaigners and politicians and claims of 'broken' energy market

Chris O'Shea says profits support push to net zero and ultimately lower bills

Insider UK

British Gas profits triple as Scots politicians make renewed call for 'proper' windfall tax

Centrica said its profits more than tripled from £948 million in 2021 to £3.3 billion in 2022.

Daily Record

'Obscene': British Gas owner sees profits TRIPLE amid pre-payment metre scandal

BRITISH Gas owner Centrica has seen its profits soar to more than £3 billion for 2022 amid rocketing energy prices that have sparked a…

The National (Scotland)

British Gas owners see profits more than treble amid cost of living crisis

Centrica's earnings haul for 2022 has stoked anger over a run of massive profits notched up in the sector and reinforced calls for greater windfall taxes

Chronicle Live

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Centrica profits jump to more than £3bn

British Gas owner said it paid nearly £1bn in tax - but faces fierce criticism

Insider UK

FTSE 100 surges over 8,000 points before rising US producer prices dampen mood; British Gas owner Centrica’s profits triple – as it happened

UK share index has hit record levels this morning, before surprise jump in US producer price inflation hits stocks

The Guardian - UK

British Gas owner Centrica sees record profits of £3.3bn as energy bills rise

Centrica said it made operating profits of £72m at its British Gas retail division, British Gas Energy, but this was down 39 per cent on the year before

The Independent UK

British Gas owner Centrica sparks fury after posting record £3.3bn profit

Centrica, Britain’s biggest energy supplier, more than trebled its underlying profits

Evening Standard

British Gas owner Centrica sees profits soar to £2.8billion from £948m

It is the latest energy firm to announce a huge windfall

Wales Online

Centrica boss refuses to say if he will waive bonus after ‘obscene’ £3.3bn profit

Chris O’Shea urged to ‘look at his conscience’ amid cost of living crisis and prepayment meter scandal

The Guardian - UK

British Gas owner expected to reveal record profits of £3bn

Britain’s largest energy supplier only recently ended its much-criticised forced installation of prepayment meters

The Guardian - UK

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Daily Record

Funding cut to vital Glasgow homelessness service would be a disaster for vulnerable people

Record View says a preventable rise in rough sleeping would be a disgrace.

Daily Mirror

British Gas chief urged to reject massive £1.6m bonus as millions face huge energy bills

Chief executive Chris O’Shea is expected to be in line for the windfall on the back of a soaring profits at the energy giant, which is forecast to announce a £3billion haul this Thursday

Daily Record

Councillor's fury as Renfrewshire residents 'unknowingly' put on pre-payment energy plans

Constituents have made their views clear over the issue of smart meters.

The National (Scotland)

Protest to take place outside Glasgow office of British Gas debt collectors

AN emergency protest is set to take place outside the offices of the debt collectors who broke into vulnerable peoples homes on behalf of British…

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Wales Online

Who is British Gas boss Chris O'Shea - the man 'accountable' for prepayment meters scandal?

The head of the energy giant's parent company has apologised to customers

Wales Online

Business secretary warns energy suppliers over prepayment meter fiasco

Grant Shapps slammed the 'scandalous and shameful' practice by British Gas

The Independent UK

What are the accusations against British Gas over prepayment meters?

Company criticised for allegedly forcing ‘vulnerable’ customers to accept pay-as-you-go devices

The Guardian - UK

‘This is bullying’: How much of your money are gas suppliers holding?

Revelations that suppliers have been stockpiling credit amid soaring bills have sparked fears customers are being taken advantage of

Manchester Evening News

British Gas under pressure to explain how it will compensate "vulnerable" customers

Energy minister Graham Stuart said he was "horrified" by the forced instalment of prepayment meters

Chronicle Live

Pressure grows for complete ban on energy firms forcing prepay meters to claw back debt

Thousands sign petition as British Gas announces it is stopping 'all warrent activity' in the light of shocking report

The Independent UK

British Gas under pressure to compensate ‘mistreated’ customers

Ofgem calls for ‘action, not warm words’

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