British Gas-owner Centrica adds £300m to share buyback plan Energy FTSE 100 giant Centrica has added another £300m to its existing share buyback plan, meaning it will have snapped up some £1.5bn in shares over the last two years. In a trading update today, the owner of British Gas said that it expected its 2024 full-year earnings and net cash to be broadly in line [...]
Centrica and EDF extend lifespan of four UK nuclear power plants Energy Ministers see nuclear power as vital to hitting looming emissions targets, given wind and solar power projects are reliant on weather conditions.
Centrica-owned Hive continues in the red despite sales rise Business Hive, the smart home devices brand owned by Centrica, continued in the red despite its revenue rising during its latest financial year. The business has reported a pre-tax loss of £28.2m for 2023, having also made a loss of £25.6m in 2022. Hive has never made a pre-tax profit since it was launched over a [...]
Centrica vs HMRC: What does Supreme Court ruling on tax deduction mean for businesses? July 26, 2024 Just last week Centrica lost an appeal against HMRC over the treatment of professional services fees.
Centrica: British Gas gets taste of normality after two years of bumper profits July 25, 2024 The owner of British Gas has blamed "normalising" market conditions after two years of bumper results for its heavy slide in profit in the first half of this year.
Centrica: Supreme Court dismisses British Gas owner’s tax dispute with HMRC July 16, 2024 British Gas' owners investment business has had its corporation tax appeal over professional services fees dismissed by the Supreme Court
British Gas owner Centrica helps back £300m UK energy first June 13, 2024 Centric, the owner of British Gas, has helped raised £300m for the first commercial-scale liquid air energy storage (LAES) plant in the UK.
FTSE 100 energy giant Centrica declares stability has returned to the energy market June 5, 2024 FTSE 100 energy giant Centrica has updated the market ahead of its AGM later today.
British Gas: Centrica faces shareholder revolt over £8.2m CEO pay packet June 2, 2024 The owner of British Gas will face down shareholders on Wednesday over its chief executive's £8.2m pay packet.
British Gas: Centrica chief’s pay swells to more than £8m March 26, 2024 The chief executive of Centrica, the owner of British Gas, saw his pay swell to more than £8m in 2023, it has been revealed.