British Gas
energy and home services provider in the United Kingdom
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business May 15, 2026, 8:21 AM
British Gas pays £20 million to settle forced meter installation scandal - British Gas has been under investigation for unlawfully installing prepayment meters in vulnerable customers' homes.
- As a part of the settlement, British Gas will pay £20 million and potentially up to £112 million overall.
- The company has acknowledged its failures and promised to implement changes to safeguard vulnerable customers.
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business Feb 20, 2026, 10:14 AM
Centrica CEO Chris O'Shea receives £3.6 million bonus amid falling profits - Centrica reported underlying earnings dropped to £814 million in 2025 from £1.55 billion the previous year.
- Chris O'Shea's total pay package for 2025 was £4.73 million, including a £3.6 million bonus.
- Shareholders expressed discontent with the remuneration package, highlighted by a 40% opposition during the last annual meeting.
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business Feb 20, 2026, 9:51 AM
Centrica sees profit plunge due to customer shift towards discounts - Centrica reported a 50% drop in annual earnings due to unseasonably warm weather and shifting customer preferences.
- The company’s household energy supply profits declined by 39% to £163 million, while fixed-price tariff customers increased to 32%.
- Centrica plans to invest £700 million in 2026 to enhance operations following challenging trading conditions.
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business Feb 19, 2026, 4:53 PM
Centrica CEO receives millions in bonuses while earnings halve - Centrica reported a significant decline in profits with earnings dropping nearly in half to £814 million in 2025.
- Chief executive Chris O'Shea received a total pay package of £4.73 million, which included £3.6 million in bonuses despite a backlash from nearly 40% of shareholders.
- The situation raises questions about executive pay structures amidst poor company performance and shareholder sentiment.
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business Feb 19, 2026, 10:13 AM
Centrica reports stark profit drop amid market challenges - Centrica's annual earnings fell nearly 50% to £814 million in 2025.
- The company faced challenges from warm weather and customer shifts to fixed-price tariffs.
- Despite tough conditions, Centrica saw a slight increase in customer numbers for the first time in over a decade.
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business Jan 19, 2026, 1:01 AM
E emerges as top energy supplier while big firms struggle in Which? rankings - In September and October 2023, Which? surveyed almost 12,000 energy customers regarding their satisfaction with energy suppliers.
- E (Gas and Electricity) topped the rankings as the best energy supplier while Scottish Power, EDF, and British Gas received scores under 60%.
- This survey highlights the pressing need for underperforming suppliers to enhance their customer service to retain their customers.
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2026 All rights reserved
2026 All rights reserved