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 vs HMRC: What does Supreme Court ruling on tax deduction mean for businesses? Law Just last week Centrica lost an appeal against HMRC over the treatment of professional services fees.
Centrica: Supreme Court dismisses British Gas owner’s tax dispute with HMRC LAW 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.
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.
National Grid auctions forebode higher gas demand in coming years February 28, 2024 Britain's auction to ensure enough electricity capacity for 2027/28 has set a new record high price as power demands look set to draw heavily on gas.
Surging profits at British Gas help owner Centrica report bumper profits February 15, 2024 Centrica, the owner of British Gas, issued a "strong 2023 financial result" today, as the company's retail division saw a sharp jump in profits for the year.
Efficacy of new oil and gas licenses in doubt ahead of key MPs bill debate January 19, 2024 Global Witness figures show UK production has fallen 60 per cent during a time when 1,680 new exploration licenses were granted.
British Gas named least favourite energy provider as Octopus keeps shining January 19, 2024 British Gas scored just over 50 per cent on overall customer satisfaction
Energy suppliers to cough up £10.8m after missing smart meter targets November 9, 2023 Some of the UK's biggest energy suppliers have agreed to cough up £10.8m in redress payments, after missing smart meter targets.