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
UK housebuilding has surged, marking its largest increase in over two years.
Housebuilding in the UK has seen its sharpest rise in over two years following the removal of planning restrictions by Housing Secretary Angela Rayner. In September, housing development surged, with
HSBC Holdings PLC has reduced its mortgage rates to the lowest levels among major banks
HSBC Holdings PLC (LSE: HSBA) has reduced its mortgage rates to the lowest levels among major banks, sparking speculation that average interest rates could drop to around 3.5% by the
Barratt and Redrow shares jump as merger nears completion.
Shares of two housebuilders set to merge rose today after they informed investors of plans to complete the transaction later this week.
Housebuilding titan Barratt secures a £2.5 billion agreement to acquire competitor Redrow.
Barratt has finalized a purchase of its competitor Redrow in a £2.5bn transaction, aiming to strengthen its position in the housing sector amidst a market slowdown.
UK Energy bills expected to fall by £150 from October
The forecast predicts the price cap to decrease to £1,925, yet wholesale gas costs are expected to remain higher than pre-crisis levels.
Security systems of homeowners become ineffective following British Gas’ disconnection.
Hive gadgets cease to function as smart home products are discontinued.
British Gas achieves unprecedented earnings following a £500m increase due to competitors’ bankruptcy.
Centrica PLC (LSE: CNA), the parent company of British Gas, has reported significant profits for the first half of the year, which has spurred an increase in investment, a raised
The IEA warns that households should brace themselves for a further increase in energy bills.
The International Energy Agency’s head, Fatih Birol, has urged families to prepare for a potential increase in energy bills this winter.
British Gas suggests that consumers should prepare for an extended period of elevated energy costs.
Centrica’s Chief Executive, Chris O’Shea, has warned that energy bills are projected to remain high in the foreseeable future, placing added pressure on households that are already financially burdened.
Energy suppliers have been instructed to ensure that body cameras are worn during visits to prepayment meters.
To safeguard vulnerable customers, the energy regulator has mandated that energy retailers wear body cameras during prepayment meter visits, as part of new measures.
Despite facing criticism, the CEO of British Gas has been awarded a bonus of £3.7 million.
Centrica, the owner of British Gas, has announced that its CEO, Chris O’Shea, will receive bonuses totalling £3.7 million after the company achieved record profits in 2022.