News

Outlook Now just how does that saying go about sinking ships and desertion?

British Gas pledges better bill transparency

'We haven't made it easy for customers in the past,' it admits

Centrica signs £1bn Norweigan North Sea deal with Statoil

Centrica accelerated its push into oil and gas production yesterday as the owner of British Gas invested £1bn in the Norwegian North Sea.

Centrica signs £14bn of deals with Statoil

Centrica accelerated its push into oil and gas production yesterday as the owner of British Gas invested £1bn in the Norwegian North Sea.

The 10-year, £13 billion agreement with Norway's Statoil involves the supply of 50 billion cubic metres of gas to the UK from 2015

Centrica signs £13bn Norway supply deal

British Gas owner Centrica signed a supply deal today that will secure sufficient gas to meet around 5% of the UK's annual demand.

Leading article: Whatever the weather, someone pays the price

There is a certain poetic justice in the news that the warmer weather is being blamed for losses that British Gas has made since April. Profits are down 54 per cent on last year. But the truth is that consumer revenge may be as responsible as divine retribution. The company's decision to hike its gas prices by 18 per cent, and its electricity by almost as much, has led to large numbers of customers switching to other suppliers.

Investment Column: Pearson is a good bet in turbulent times

Topps Tiles; Group NBT

Market Report: Centrica on the gas as investors eye cash return

With turmoil in the market forcing investors to cower behind the cover of the defensive stocks, Centrica was among the few risers yesterday as shareholders in the owner of British Gas were told they could be in line for a cash return.

Npower and E.ON set to hike prices as cost of wholesale gas soars

Npower and E.ON are set to become the latest energy suppliers to announce price hikes this week, a rise prompted by the 30 per cent increase in the wholesale cost of gas, so far this year.

Centrica blames fuel efficiency for profit slide at British Gas

Centrica blamed warm weather, rising wholesale prices, bigger taxes and its customers' increasing energy efficiency as its British Gas subsidiary reported a 54 per cent dive in first-half profits.

Leading article: Energy market is not working in the interests of customers

Movements in the wholesale price of energy only get passed on to customers when they rise

Energy giant Centrica unveils £1.3 billion profits

Utility giant Centrica came under fire from consumer groups today after it unveiled £1.3 billion in half-year profits - including £270 million for its residential arm British Gas - just weeks after announcing a price hike.

British Gas fined £2.5m for failures

Centrica's British Gas has been fined £2.5m for failing to handle customer complaints correctly.

Tax tweak to encourage North Sea oil investment

The government has tweaked the tax rules for North Sea oil and gas production after the protests that greeted the tax increases outlined in the Budget.

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Independent Travel
Pompeii, Capri & the Bay of Naples
Dubrovnik, the Dalmatian Coast & Montenegro
Burgundy, the River Rhone & Provence
Lisbon, Oporto and the Douro Valley
Lake Garda, Venice & Verona
Spain
Prices correct as of 23 January 2015
Isis hostage crisis: Militant group stands strong as its numerous enemies fail to find a common plan to defeat it

Isis stands strong as its numerous enemies fail to find a common plan to defeat it

The jihadis are being squeezed militarily and economically, but there is no sign of an implosion, says Patrick Cockburn
Virtual reality thrusts viewers into the frontline of global events - and puts film-goers at the heart of the action

Virtual reality: Seeing is believing

Virtual reality thrusts viewers into the frontline of global events - and puts film-goers at the heart of the action
Homeless Veterans appeal: MP says Coalition ‘not doing enough’

Homeless Veterans appeal

MP says Coalition ‘not doing enough’ to help
Larry David, Steve Coogan and other comedians share stories of depression in new documentary

Comedians share stories of depression

The director of the new documentary, Kevin Pollak, tells Jessica Barrett how he got them to talk
Has The Archers lost the plot with it's spicy storylines?

Has The Archers lost the plot?

A growing number of listeners are voicing their discontent over the rural soap's spicy storylines; so loudly that even the BBC's director-general seems worried, says Simon Kelner
English Heritage adds 14 post-war office buildings to its protected lists

14 office buildings added to protected lists

Christopher Beanland explores the underrated appeal of these palaces of pen-pushing
Human skull discovery in Israel proves humans lived side-by-side with Neanderthals

Human skull discovery in Israel proves humans lived side-by-side with Neanderthals

Scientists unearthed the cranial fragments from Manot Cave in West Galilee
World War Z author Max Brooks honours WW1's Harlem Hellfighters in new graphic novel

Max Brooks honours Harlem Hellfighters

The author talks about race, legacy and his Will Smith film option to Tim Walker
Why the league system no longer measures up

League system no longer measures up

Jon Coles, former head of standards at the Department of Education, used to be in charge of school performance rankings. He explains how he would reform the system
Valentine's Day cards: 5 best online card shops

Don't leave it to the petrol station: The best online card shops for Valentine's Day

Can't find a card you like on the high street? Try one of these sites for individual, personalised options, whatever your taste
Diego Costa: Devil in blue who upsets defences is a reminder of what Liverpool have lost

Devil in blue Costa is a reminder of what Liverpool have lost

The Reds are desperately missing Luis Suarez, says Ian Herbert
Ashley Giles: 'I'll watch England – but not as a fan'

Ashley Giles: 'I'll watch England – but not as a fan'

Former one-day coach says he will ‘observe’ their World Cup games – but ‘won’t be jumping up and down’
Greece elections: In times like these, the EU has far more dangerous adversaries than Syriza

Greece elections

In times like these, the EU has far more dangerous adversaries than Syriza, says Patrick Cockburn
Holocaust Memorial Day: Nazi victims remembered as spectre of prejudice reappears

Holocaust Memorial Day

Nazi victims remembered as spectre of prejudice reappears over Europe
Fortitude and the Arctic attraction: Our fascination with the last great wilderness

Magnetic north

The Arctic has always exerted a pull, from Greek myth to new thriller Fortitude. Gerard Gilbert considers what's behind our fascination with the last great wilderness