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The Latest Breaking News from Centrica

British Gas wins as Ofgem hits consumers with an extra tenner

From October UK gas and electricity consumers will be paying £10 more to suppliers – a £56m earnings boost for Centrica

The Guardian - UK

Significant CCS progress highlighted by Harbour Energy as Tolmount delivers

Quarter one tradign update underlines developments on both Humber banks

Birmingham Post

UK's richest fatcats get gigantic 40percent pay rise - SIX times the average salary

The Mirror analysed figures for all 60 FTSE 100 companies that have published annual reports this year. We looked at total packages for 120 bosses - of those, 54 earned more than last year and 49 made less

Daily Mirror

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'I was homeless ten years ago - now I’m building a community village'

Ten years after becoming homeless, Paul Gwilym is transforming the industrial unit he used to sleep in

Wales Online

There’s a simple way to reduce the average UK electricity bill – and make energy cleaner

Recent research estimates a publicly owned generating company could reduce electricity costs by £252 per household a year, says Common Wealth analyst Chris Hayes

The Guardian - UK

North East deals of the week: key contracts, investments and acquisitions

Companies featuring in this week's round-up include Sustainable Business Services, Pacifica Group, Lockheed Martin and Port of Tyne

Birmingham Post

UK energy firms forcibly installed 94,000 prepayment meters last year

Scottish Power, British Gas and Ovo responsible for 70% of forced installations, government says

The Guardian - UK

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The absurd arithmetic behind Centrica boss’s bonus

Last year Chris O’Shea spurned his annual bonus, this year he’s taking the full whack. What’s changed?

The Guardian - UK

Boss of British Gas owner sparks outrage with £4.5m pay packet

Chris O’Shea told to examine his conscience amid investigation into treatment of vulnerable customers

The Guardian - UK

Boss of British Gas owner sees pay increase fivefold to £4.5m

Chris O’Shea’s remuneration package rose significantly last year, partly because he had waived his right to a bonus the year before

Evening Standard

Lhyfe signs agreement with Centrica to explore hydrogen production in UK

The French company has previously said that it is exploring options to open a hydrogen production facility in the North East

Birmingham Post

Joe Lycett and Sam Smith lead Rainbow Honours nominees as iconic venue for awards revealed

Joe Lycett's protest against David Beckham's controversial deal with Qatar has been nominated for yet another prestigious award, with Sam Smith, Graham Norton, Andrew Garfield, Dame Kelly Holmes and more also recognised in the Rainbow Honours shortlist

Daily Mirror

British Gas refuses to admit prepayment meter failings leaving MPs 'astonished'

Energy companies faced a dramatic grilling by MPs following reports of debt collectors forcibly breaking into vulnerable customers' homes to fit prepayment meters

Daily Mirror

British Gas owner Centrica extends life of Lancashire nuclear power station

The power station will now close in March 2026, two years later than originally planned

Birmingham Post

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The Guardian - UK

British Gas debt agents made third of all applications to force-fit prepay meters

Exclusive: Arvato, which fitted the meters in England and Wales, made 122,536 requests and had only 11 rejected

Irish Mirror

Ferghal Blaney - Shocking response of Government to energy real crisis for households

Our Mirrorman in Leinster House with the latest craic from the Corridors of Power

Daily Record

Renfrewshire MSP slams energy firms over skyrocketing profits

The Renfrewshire North and West MSP wants more to be done to combat soaring energy costs.

Birmingham Post

Vodafone signs second major corporate solar power purchase agreement

44% of its annual energy requirement will come from UK-based renewable power sources by 2025

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Insider UK

We won’t be distracted from green targets - ScottishPower boss

Operating profit increased by 7.4% to reach £785m, although the retail arm reported losses

Daily Mirror

Dad left furious after British Gas mistakenly send bailiffs to his house four times

Rowan Purdy, 45, was bombarded with threats by British Gas, whose owners Centrica reported £3.3 billion in profits, even though he was able to prove that a bill was not his

Daily Mirror

'People may be freezing but let's be cheerful after Centrica announced £3.3bn profits'

Mark Steel jokes that anyone who knows how economics works understands that the most important rule for a healthy financial system is to give Centrica all the money in the country

Wales Online

Energy giant EDF's profits soar after hiking price of electricity

The update comes a day after British Gas owner Centrica saw profits to triple to around £3.3 billion for the past year

The Guardian - UK

The energy sector isn’t ‘broken’, it’s cooking on gas – if you’re a profit-hungry shareholder

Under the current setup, delivering energy can only ever be incidental to the real business of reaping monster returns, says Mathew Lawrence, of the Common Wealth thinktank

Daily Record

Sick pensioner hit with £1171 gas bill and forced to use funeral savings to pay

Widower Barry Seckerson, who suffers from numerous health issues, needs to use the heating to alleviate his symptoms.

The Independent UK

What the papers say – February 17

A missing mother and a scrambling Prime Minister feature on the national mastheads.

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