A COMPREHENSIVE SERIES OF ARTICLES ON THIS TOPIC
A COMPREHENSIVE SERIES OF ARTICLES ON THIS TOPIC
Reality is beginning to bite in the Ftse 100 as some high-yielding stocks give up on generous dividends.
Fri, 09 Aug, 2019
Energy bills are set to fall for millions of households in Britain this winter, after the country’s energy regulator told suppliers to reduce bills by 6% from October, following a drop in wholesale gas and power prices this year.
Thu, 08 Aug, 2019
Power firm Centrica said operating profit at its Bord Gáis unit more than doubled in the first half of the year as its power plant in Whitegate in Co Cork came back on stream.
Tue, 30 Jul, 2019
Energy firm SSE said it would cut jobs in its customer service and metering teams in Britain as the company faces a perfect storm of stiff competition, higher costs and a cap on how much it can charge.
Thu, 09 May, 2019
Shell stepped closer to becoming the world’s biggest power company with an aggressive move into the UK retail market by offering one of the cheapest tariffs available.
Tue, 26 Mar, 2019
Shares in Centrica slumped as an update from the British Gas and Bord Gáis owner showed it had lost customers in its key British market.
Fri, 23 Nov, 2018
The UK’s Jeremy Corbyn may have found a way to make good on his pledge to nationalise the British energy industry without spending almost €140bn buying up the six biggest utilities, writes
Thu, 15 Feb, 2018
British Gas owner Centrica is scrapping standard gas and electricity tariffs (SVT) for new customers ahead of British Government plans to impose a price cap on the costly energy products.
Mon, 20 Nov, 2017
SSE and the owner of Npower have reached an agreement to merge their operations to create a new energy supplier in the UK.
Wed, 08 Nov, 2017
Energy supplier SSE and the owner of Npower are in talks about combining their operations to create a new company in the UK.
Tue, 07 Nov, 2017
The FTSE 100 backed down from Thursday's record highs as the pound rebounded on reports that the EU was working on proposals for a post-Brexit trade deal with Britain.
Sat, 14 Oct, 2017
Sterling fell to a near four-and-a-half week low against the US dollar today, as reports of a Tory plot to topple UK Prime Minister Theresa May cast fresh doubt over her future.
Fri, 06 Oct, 2017
Centrica shares plunged to their lowest level since 2003 as the UK government plans to publish a draft law as early as next week to cap household energy prices.
Thu, 05 Oct, 2017
British business leaders from companies including BT and Centrica said they wanted a three-year Brexit transitional deal to protect jobs in Britain and Europe.
Tue, 19 Sep, 2017
Thu, 14 Sep, 2017
Irish wholesale gas prices are 35% lower on average this month compared to August 2015, according to the latest Wholesale Energy Market Report published by Vayu Energy.
Mon, 29 Aug, 2016
For an oil and gas explorer, the news that the Brexit referendum result was a “seismic” shift in favour of Leave made compelling reading. Brexit is a timely reminder of the potential future energy issues that might be faced by the island of Ireland.
Mon, 11 Jul, 2016
Britain’s largest energy supplier Centrica has raised £700m (€889m) in a surprise share sale to pay off debt and protect its credit rating after being hit by weak energy prices and tough retail market competition.
Sat, 07 May, 2016
The Ftse struggled to make headway yesterday as the falling price of crude dragged on stocks after a key meeting of oil producers ended in stalemate.
Tue, 19 Apr, 2016
Fri, 15 Jan, 2016
Thu, 07 Jan, 2016
Bord Gáis Energy’s strong contribution to its parent group may help shield it from a culling of more than 6,000 employees from Centrica’s global workforce, which it announced yesterday.
Fri, 31 Jul, 2015
Fergus Finlay’s loyalty to his former colleagues is admirable . . . to a point! (Irish Examiner, July 14).
Sat, 18 Jul, 2015
The London market struggled for direction today as Greece prepares for yet more crunch debt talks with its creditors in the wake of its No vote.
Tue, 07 Jul, 2015
IN the first five months of 2015, office activity in Cork has been dominated by the FDI sector, with five substantial transactions completed.
Thu, 02 Jul, 2015
Thu, 28 May, 2015
High-profile oil and gas executives are teaming up with private equity funds seeking to invest billions in British North Sea assets and maximise profits by cutting costs, offering the ageing basin a badly needed lifeline.
Sat, 16 May, 2015
London’s Ftse 100 index was 2% higher yesterday after the unexpected Conservative election victory added over £40bn to market prices.
Sat, 09 May, 2015
Profits at British Gas are set to rise after the energy supplier revealed a boost in consumption following a colder than normal start to the year.
Mon, 27 Apr, 2015
British Gas owner Centrica has clobbered shareholders with an “urgent” dividend cut to shore up its finances as profits fell by more than a third.
Fri, 20 Feb, 2015
Here’s a run down of today’s business headlines.
Fri, 20 Feb, 2015
Annual profits at British Gas owner Centrica have fallen 35% to £1.75 billion in a “very difficult year” for the company, it said today.
Thu, 19 Feb, 2015
How can a government that spins the sale of major parts of Bord Gáis as not being privatisation be trusted with retaining Irish Water as a public utility, asks
Mon, 26 Jan, 2015
Struggling homeowners can save almost €55 on their energy bills after Bord Gáis Energy confirmed a raft of gas and electricity price cuts.
Fri, 23 Jan, 2015
The FTSE 100 Index climbed higher yesterday thanks to a revival in supermarket stocks as official figures showing inflation at a 14-year low also boosted sentiment.
Wed, 14 Jan, 2015
These pages recently revealed the plight of a woman whose electricity bill was in arrears and who endured Christmas without power (‘I’ve had no electricity since October and the privateers leave me cold’, January 6).
Tue, 13 Jan, 2015
Party politics as practised in Ireland is no longer fit for purpose.
Wed, 22 Oct, 2014
Bahrain-based Arcapita Bank has hired JP Morgan to lead a share listing for Irish energy firm, Viridian Group, two sources familiar with the matter said on Thursday, in a deal that one said could give the firm a value, including debt, of nearly £1bn (€1.25bn).
Sat, 16 Aug, 2014
EDF Energy is shutting down four of its nuclear power reactors as a precautionary measure after a defect was found in one of them.
Mon, 11 Aug, 2014
Bord Gáis Eireann has reported an overall after-tax loss of €169m for 2013, driven by nearly €300m inexceptional charges.
Thu, 17 Jul, 2014
The European Commission has approved the sale of Bord Gáis Energy.
Mon, 16 Jun, 2014
With over 600,000 retail customers and 30,000 business customers for gas and electricity already established on this island together with Irish gas soon to be piped ashore, the selling, by our Government, of Bord Gáis and the modern gas power plant at Whitegate is a blunder of monumental proportions.
Sat, 12 Apr, 2014
The country’s coffers are to be boosted by more than €1bn as the proceeds from the sale of Bord Gáis Energy are expected to be lodged with the Government in the first half of the year.
Wed, 26 Mar, 2014