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Unite claims Centrica profits show need for nationalisation

Unite claims Centrica profits show need for nationalisation

Centrica’s “astonishingly high profits” make the case for public ownership of the sector, Unite’s general secretary has said. Sharon Graham was speaking in response to Centrica’s preliminary results for 2023 in which the group reported a total adjusted operating profit of almost £2.8 billion.

2 years ago

Centrica records bumper retail profits

2 years ago

Weekend press: Water bosses could see bonuses stopped over sewage spills

2 years ago

EDF ordered to improve safety standards after worker’s electric shock

2 years ago

New rules could see failed retailers forced to pay up SoLR costs

2 years ago

Octopus boss Greg Jackson impersonated by AI fraudsters

2 years ago

SSEN proposes switching networks mechanism for storm-hit customers

2 years ago

Centrica strikes deal with Repsol for 1m tonnes of LNG

2 years ago

Water UK calls for environmental reporting reform to restore trust

2 years ago

Southern Water CEO: I wouldn’t hesitate to swim in the sea most days

2 years ago

Help customers take control of their finances

2 years ago

Pennon to replicate water resource strategy at SES

2 years ago

UKPN announces partnership to ‘supercharge flexibility market’

2 years ago

Weekend press: Energy firms can force-fit prepayment meters again

In the roundup of sector stories from the national presses this weekend is news that Ofgem has granted three energy providers permission to begin forced installations of prepayment meters; the nation's climate policy led a senior Tory to quit; and the spotlight remains firmly on Thames Water as its new boss joins

2 years ago

PPM self-disconnections rise by 650% since crisis began

2 years ago

Thames Water shareholder slashes £600m off value of stake

2 years ago

More than 200,000 properties lose power during festive storms

2 years ago

Price cap predicted to significantly fall in 2024

2 years ago

Give us the tools to hit net zero

Give us the tools to hit net zero

2 years ago

Ofgem weighs in on EDF billing row with famous artist

2 years ago

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