Centrica maintains ?100m cost savings target as demand falls in Q1
10th May 2021 07:00
(Sharecast News) - British Gas owner Centrica said it continued to expect year-on-year operating cost savings of more than £100m this year as part of its restructure plans.
Read moreTuesday broker round-up
6th Apr 2021 13:27
(Sharecast News) - Touchstone Exploration: Canaccord downgrades to speculative buy with a target price of 140p.
Read moreFriday broker round-up
26th Mar 2021 13:40
(Sharecast News) - Ocado Group: Berenberg downgrades to hold with a target price of 2,390p.
Read moreUK energy firms 'will have to refund' credit surpluses - Ofgem
17th Mar 2021 11:28
(Sharecast News) - UK energy firms could soon be told to hand back £1.4bn of customer credit under new rules proposed by the industry regulator Ofgem.
Read moreOfgem cuts returns from local electricity networks
11th Mar 2021 09:13
(Sharecast News) - Ofgem has cut returns for shareholders of UK local electricity networks by a third to keep prices low while requiring higher investment in greener energy.
Read moreWednesday broker round-up
10th Mar 2021 13:21
(Sharecast News) - Ultra Electronics: JP Morgan upgrades to overweight with a target price of 2,350p.
Read moreOfgem finds 18 energy suppliers failed to adhere to price protection rules
2nd Mar 2021 12:14
(Sharecast News) - Energy regulator Ofgem found that 18 energy suppliers failed to correctly protect 1m customers' tariff prices when they decided to switch companies or tariffs.
Read moreBritish Gas owner Centrica sees earnings slump
25th Feb 2021 07:58
(Sharecast News) - Centrica reported a slide in full-year operating profits on Thursday, weighed down by Covid-19, as it paused the final dividend.
Read moreWednesday broker round-up
10th Feb 2021 13:12
(Sharecast News) - Ocado Group: Berenberg reiterates buy with a target price of 2,925p.
Read moreUK energy watchdog lifts price cap for consumer bills
5th Feb 2021 08:22
(Sharecast News) - The UK's energy regulator is increasing its cap on consumer prices to pre-pandemic levels after a big jump in wholesale prices.
Read moreThursday broker round-up
24th Sep 2020 13:56
(Sharecast News) - Centrica: JP Morgan upgrades to overweight with a target price of 60.0p.
Read moreJP Morgan upgrades Centrica to 'overweight'
24th Sep 2020 12:11
(Sharecast News) - JP Morgan said Centrica shares were in "deep value territory" as the bank upgraded its rating on the energy company to 'overweight'.
Read moreCentrica buys Robin Hood Energy customers
4th Sep 2020 07:05
(Sharecast News) - Centrica's British Gas division has bought the customers of Robin Hood Energy, a loss-making supplier set up by Nottingham City Council to compete with the UK's big energy providers.
Read moreBritish Gas pays £1.73m for botched prepayment switch
27th Aug 2020 12:42
(Sharecast News) - British Gas has paid £1.73m in compensation for failing to tell prepayment customers about a change of provider and minimum top-up spend.
Read moreJefferies ups Centrica to 'buy' following H1 update
28th Jul 2020 16:27
(Sharecast News) - Analysts at Jefferies upgraded energy services and solutions company Centrica's shares to 'buy' on Tuesday, stating the group now appeared to be "taking back control".
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