Shadow net zero secretary attacks Sunak’s ‘perverse’ policy as Shell and British Gas report soaring profitsBusiness live – latest updatesRishi Sunak has been urged to close the holes in his “Swiss...
Read MoreFirst-half results will anger consumer groups that have campaigned over treatment of vulnerable customersBritish Gas has reported its highest ever first-half profits of almost £1bn after the energy watchdog let it claw...
Read MoreParty wants greater taxation on North Sea profits to fund freeze on council tax for cash-strapped UK householdsAnalysis: does UK need to drill for more North Sea oil and gas?Energy companies are making £60m in profits a...
Read MoreHead of Great Britain’s energy regulator tells MPs installations will not resume until suppliers found to be adhering to code of practiceA ban on the forced installation of prepayment meters by energy companies has been...
Read MoreChris O’Shea urged to ‘look at his conscience’ amid cost of living crisis and prepayment meter scandalCentrica chief executive, Chris O’Shea, has refused to say whether he will waive a £1.6m bonus...
Read MoreFigure comes amid calls for tougher windfall taxes and against backdrop of prepayment meter scandalThe scandal-hit owner of British Gas has reported record profits of £3.3bn boosted by soaring wholesale gas prices after...
Read MoreEd Miliband says levy on energy companies should be increased after outrage at Shell announcementHere is a statement from Chris O’Shea, the chief executive of Centrica, which owns British Gas, on the Times report about a...
Read MoreJeremy Hunt proposes to raise £14bn by also raising levy to 35% and extending it by two yearsPolitics live – latest news and reaction on UK budget plansAutumn statement 2022: key points at a glanceJeremy Hunt hopes...
Read MoreExclusive: Centrica chief tells the Guardian he is keen for it to sign up to new contracts with government on electricity generationBritish Gas owner Centrica plans to voluntarily cap booming profits in an effort to cut...
Read MoreTUC calls for October energy price cap rise to be cancelled as chancellor tells firms to invest ‘extraordinary profits’Ministers have been warned that energy bills will cost more than two month’s wages next...
Read MoreAnnouncements come day after UK households warned average annual bills could hit £3,850 from JanuarySoaring profits at the energy companies Shell and Centrica have been described as an “insult” to millions of...
Read MoreBritish Gas owner reinstates dividends after operating profits of £1.3bn, while Shell reports £10bn profit between April and JuneShell made record profits of nearly £10bn between April and June and promised to...
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