British Gas owner Centrica saw earnings in its household energy arm more than halve last year, as it lost cost of living ...

A failure to expand Britain’s gas storage capacity added £200 to household bills during the energy crisis, one of the country’s biggest suppliers has claimed ...

Energy company’s shares jump 8 per cent in morning trade after it boosts its share buyback programme by £500mn ...

The full-year dividend was increased 13% to 4.5p from 4.0p, and Centrica plans to increase the payout to 5.5p in 2025, as part of a commitment to reach two-times earnings coverage by 2028. It also ...

European shares were higher despite increasing tensions between the leaders of Ukraine and the US over the war with Russia and continuing trade war concerns.

Centrica called it a "strong financial result against a more normalised backdrop". The company reported bumper profit in recent years as energy prices soared in the wake of the war in Ukraine.

But Rough has been operating at reduced capacity since Centrica closed the facility in 2017 and then reopened it in 2022, after Russia’s invasion of Ukraine sent gas prices soaring. The company ...