BT Group delivered a mixed set of annual results on Thursday, with falling revenues offset by stronger profits, improved customer trends and an expanded long-term cost-saving programme.
UK power prices on course to top energy crisis levels by 2030
Chris O’Shea, the chief executive of Centrica (parent company of British Gas), has warned that electricity prices in Britain are on track to be higher in 2030 than they were
Rolls-Royce Market Value Surges Past £90bn as Shares Hit Record High
Rolls-Royce shares have jumped 10.5% in early trading, propelling the company’s valuation above £90 billion for the first time. Closing at around £83 billion last night, today’s sharp rise pushes
Rolls-Royce shares have jumped by over 21% to 740.40p per share
Rolls-Royce Resumes Dividend Payments After Strong 2024 Performance
Business Electricity Standing Charges to Skyrocket by 2030, Analysts Warn
Forecast Shows Businesses Will Pay £208 Per Day in Standing Charges by 2030.
Ovo is set to pay £2.4 million for not properly handling customer complaints.
Energy supplier Ovo has agreed to pay a £2.4 million penalty for mishandling customer complaints, according to regulator Ofgem.
UK energy bills are expected to decrease over the next few months.
Energy bills are expected to decrease for the next few months as the new Ofgem energy price cap takes effect today for England, Scotland, and Wales.
UK Energy bills to drop to their lowest in two years.
Gas and electricity bills are anticipated to drop to their lowest levels in over two years following the easing of the energy crisis sparked by Vladimir Putin’s invasion of Ukraine.
Gas prices return to levels seen before the energy crisis.
Wholesale gas prices have returned to levels not seen since before the onset of supply constraints by Vladimir Putin, indicating a shift in Europe’s energy crisis situation.
UK Energy bills to fall by £238 a year
From April, average household energy bills are set to decrease by £238 annually, following new limits set by regulators on energy suppliers.
UK Energy Costs Expected to Decrease Significantly in Ofgem’s Recent Cap Announcement
Energy tariffs are anticipated to decrease by up to 15% starting in April due to a reduction in wholesale prices.
BT Tower to be Converted into Hotel Following Sale for £275 Million
The BT Tower, a prominent feature of London’s skyline, has been purchased from the telecommunications giant by MCR Hotels for £275 million.