Centrica takes on 350,000 new customers as People's Energy collapses
20th Sep 2021 08:21
(Sharecast News) - British Gas owner Centrica is to take on customers from failed rival People's Energy, the blue chip said on Monday.
Read moreBritons face soaring energy prices after Ofgem lifts cap
6th Aug 2021 07:58
(Sharecast News) - Britons face soaring energy prices from October after energy regulator Ofgem said it was lifting the cap on default tariffs by 12-13% just as the colder months approach.
Read moreBritons face soaring energy prices after Ofgem lifts cap
6th Aug 2021 07:58
(Sharecast News) - Britons face soaring energy prices from October after energy regulator Ofgem said it was lifting the cap on default tariffs by 12-13% just as the colder months approach.
Read moreCentrica profits flat as Covid, strikes offset higher prices
22nd Jul 2021 07:39
(Sharecast News) - Energy supplier Centrica reported flat first-half operating profits as higher commodity prices and stronger demand offset by the impact of Covid-19 and industrial action.
Read moreWednesday broker round-up
7th Jul 2021 14:03
(Sharecast News) - WM Morrison: Berenberg downgrades to hold with a target price of 254p.
Read moreCentrica to sell Peterborough site for £20m
1st Jun 2021 09:34
(Sharecast News) - British Gas owner Centrica has agreed to sell its Peterborough site to Whitetower Holdings UK Limited, an affiliate of Rockland Capital, for £20m.
Read moreCiti upgrades Drax, Centrica
17th May 2021 09:57
(Sharecast News) - Citi upgraded its stance on shares of Drax on Monday to 'buy' from 'neutral' following the recent UK power price rally of more than 20% in the last month.
Read moreCentrica 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 more