Tag Archives: Centrica

The Sunday Times’s Lucy Tobin told her readers to book their profits in Centrica and ‘sell’. Yes, the energy outfit had benefitted tremendously from the disruptions brought on by the war in Ukraine. Indeed, it had shifted from net debt of £3bn in 2021 to £2.7bn of net cash. But …

By Joe Hoppe ITV PLC and Royal Mail PLC are set to drop out of the FTSE 100 index in the quarterly reshuffle and Centrica PLC, which owns British Gas, and Unite Group PLC, the student accommodation provider, are set to be promoted from the midcap FTSE 250 to London’s …

Text size Getty Images The U.K. election could give Boris Johnson the ammunition he needs to secure a Brexit deal, sending a basket of undervalued domestic stocks soaring. British politics remains unpredictable, as the last election and the 2016 European Union referendum demonstrate, but the opinion polls point towards a …

Another day, another nationalisation proposal from Labour. Now the plan is to bring the supply arms of the big six energy firms under public ownership. We’re talking here about the retail units of EDF Energy, Centrica (meaning British Gas), Npower, E.ON, ScottishPower and SSE, businesses that supply gas and electricity …

The risk of investors’ incomes shrinking has reached new highs, as the affordability of shareholder payouts has fallen to its lowest level for a decade.  One in five global companies could cut dividends, research suggests, as payouts have grown far in excess of profits every year since the financial crisis. …