Thousands across UK suffer 29% rise in gas and electricity costs
Thousands of homes across the UK will bear the brunt of rising costs after announcements from two energy providers that a 29% hike was going to take place. Scottish and Southern Energy who share 8.8 million consumers have taken the decision ...
by Jenson Brayshaw August 22nd, 2008
UK householders fall behind in securing capped energy tariffs
Reports indicate UK consumers have lagged behind in terms of inexpensive energy deals. In eventuality, consumers in Britain have fallen behind in securing a capped tariff ahead of recent price increases. Research firm, Fool.co.uk revealed 54% of UK homeowners were not fast enough to get past the rate rises and failed
by Jason Drew August 20th, 2008
Energy inaction leads to fuel poverty
British Gas has announced 35% hike in its gas prices and this news has come as a blow to many households, especially in Yorkshire, as they are struggling with other price hikes as well. This has been the worst energy ...
by Jenson Brayshaw August 13th, 2008
British Gas seeks to defy escalating energy costs
British Gas is in pains due to ever-rising energy costs and now it has decided to curb the negative impact of such rise. It has come out with triple-point strategy to deal with the problem. New Strategy is expected to ...
by Alf Stephens August 10th, 2008
Centrica’s ₤992 million profit adds to fuel poverty
British Gas announced a 35% price hike in gas on Wednesday. All the consumer groups are protesting against this raise as they feel that the company is playing unfair because only last week Centrica, the parent company of BG announced their half-yearly financial report. As per that report, the company
by Alf Stephens August 3rd, 2008
Political pressure to actualize windfall tax
The UK government business secretary, John Hutton confirmed that in due course of time, the treasury is coming up with a proposal to inflict windfall tax on companies that produce energy. While talking to BBC radio, he also said that ...
by Alf Stephens August 1st, 2008
EDF May Be Willing to Part with Atomic Sites for British Energy
EDF, global market leader in atomic power plants, may be willing to put up its U.K. nuclear zones to boost its chances of acquiring British Energy. This information was released to the media by two unnamed sources who were privy ...
by Jenson Brayshaw July 31st, 2008
EDF’s Possible Acquisition of British Energy Concerns MPs
EDF may eventually control UK electricity market if allowed to acquire British Energy. This was cautioned by MPs, stating that healthy competition is essential for a stable and fair market. The Commons Business Select Committee released a document that could ...
by Alf Stephens July 29th, 2008
Scottish and Southern Energy Warn of Future Price Rise
The power company, Scottish and Southern Energy issued a rather solemn statement to its 9 million subscribers, warning of gas and electricity price hikes. Ian Merchant, who heads the energy supply company that is based at Perth addressed the ...
by Alf Stephens July 26th, 2008
