News

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

David Prosser: Ofgem's chance to settle the energy row

Outlook It was Centrica's turn yesterday, but ask any of the big six energy providers in the UK about profit margins and customer exploitation and you will get a similar answer: gas and electricity prices in the UK are lower than almost anywhere else in Europe, and countless – 15 or more – regulatory probes into the sector have passed without any substantive competition issues being identified.

British Gas reveals record £742m profit

The UK's biggest energy supplier unveiled a record profit haul today just weeks after it hiked bills amid the coldest winter in 100 years.

Centrica signs £2bn gas deal with Qatar

Centrica signed the UK's first long-term liquefied natural gas (LNG) contract with Qatar yesterday, to coincide with a trade mission to the Gulf led by Prime Minister David Cameron.

Centrica in £2bn Qatar gas deal

British Gas parent Centrica today announced a £2 billion deal with Qatar for the supply of enough gas to meet the needs of around 2.5 million UK households.

The Week Ahead: Highest profits for years expected from Centrica

With expectations high for its preliminary results on Thursday, analysts are warning that a strong performance from Centrica could lead it to face criticism.

Market Report: Bid talk and profit hopes see Centrica charge up

Bullish comments on its profitability, coupled with continuing speculation of a takeover bid, helped Centrica power its way up the blue-chip index last night.

Market Report: ARM Holdings' year just keeps on getting better

Surging to the top of the blue-chip index, ARM Holdings continued its fantastic start to 2011 yesterday as analysts predicted that there could be further highs to come.

Rudd calls executives to fight for AV

Roland Rudd, the City's best-known PR adviser, is forming a powerful campaign group of top chairman and leading industrialists to lobby for a Yes result in May's referendum on electoral reform.

Market Report: Rentokil defies critics to rise after key resignation

The resignation of a senior boss and a savaging from brokers is not normally the recipe for a share price rise, yet that is exactly what Rentokil Initial enjoyed yesterday.

The Business On: Roger Carr, Chairman, Centrica

Didn't he resign?

Centrica's strength built on the tears and spirit of Venture

When buying the independent oil explorer for £1.3bn a year ago, the British Gas owner struck liquid gold

Wagstaff ploughs Venture pay-off into British sparkling wine

Mike Wagstaff has ploughed some of the near-£20m he made from the sale of Venture Production into creating "one of the finest sparkling wines in the UK".

Gas bill rises to boost Centrica

Centrica predicted its profits would beat City expectations of £2.2bn this year, just days after it said it was putting up prices for British Gas customers.

British Gas hikes energy bills by 7%

Around eight million British Gas customers will face higher utility bills from next month as the energy supplier today confirmed a hike in tariffs.

No 10 asks for business chiefs' help to cut jobs

Britain's most senior civil servant is to call in a group of businessmen to advise on how to make thousands of job cuts
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Fans line up at the AVNs, straining to capture a photo of their favourite star
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Norway’s ‘The Nordland Line – Minute by Minute, Season by Season’ continues the trend of slow TV
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Jonny Evans has pleaded not guilty to an FA charge for spitting at Papiss Cisse
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Kate Moss will make a cameo appearance in David Walliams' The Boy in the Dress
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The image released by the Salvation Army, using 'The Dress'
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Liverpool defender Kolo Toure
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Independent Travel
Pompeii, Capri & the Bay of Naples
Seven Cities of Italy
Burgundy, the River Rhone & Provence
Prague, Budapest and Vienna
Lake Garda
3.	Provence 6 nights B&B by train from £599pp
Prices correct as of 20 February 2015
Homeless Veterans campaign: Donations hit record-breaking £1m target after £300,000 gift from Lloyds Bank

Homeless Veterans campaign

Donations hit record-breaking £1m target after huge gift from Lloyds Bank
Flight MH370 a year on: Lost without a trace – but the search goes on

Lost without a trace

But, a year on, the search continues for Flight MH370
Germany's spymasters left red-faced after thieves break into brand new secret service HQ and steal taps

Germany's spy HQ springs a leak

Thieves break into new €1.5bn complex... to steal taps
International Women's Day 2015: Celebrating the whirlwind wit of Simone de Beauvoir

Whirlwind wit of Simone de Beauvoir

Simone de Beauvoir's seminal feminist polemic, 'The Second Sex', has been published in short-form for International Women's Day
Mark Zuckerberg’s hiring policy might suit him – but it wouldn’t work for me

Mark Zuckerberg’s hiring policy might suit him – but it wouldn’t work for me

Why would I want to employ someone I’d be happy to have as my boss, asks Simon Kelner
Confessions of a planespotter: With three Britons under arrest in the UAE, the perils have never been more apparent

Confessions of a planespotter

With three Britons under arrest in the UAE, the perils have never been more apparent. Sam Masters explains the appeal
Russia's gulag museum 'makes no mention' of Stalin's atrocities

Russia's gulag museum

Ministry of Culture-run site 'makes no mention' of Stalin's atrocities
The big fresh food con: Alarming truth behind the chocolate muffin that won't decay

The big fresh food con

Joanna Blythman reveals the alarming truth behind the chocolate muffin that won't decay
Virginia Ironside was my landlady: What is it like to live with an agony aunt on call 24/7?

Virginia Ironside was my landlady

Tim Willis reveals what it's like to live with an agony aunt on call 24/7
Paris Fashion Week 2015: The wit and wisdom of Manish Arora's exercise in high camp

Paris Fashion Week 2015

The wit and wisdom of Manish Arora's exercise in high camp
8 best workout DVDs

8 best workout DVDs

If your 'New Year new you' regime hasn’t lasted beyond February, why not try working out from home?
Paul Scholes column: I don't believe Jonny Evans was spitting at Papiss Cissé. It was a reflex. But what the Newcastle striker did next was horrible

Paul Scholes column

I don't believe Evans was spitting at Cissé. It was a reflex. But what the Newcastle striker did next was horrible
Miguel Layun interview: From the Azteca to Vicarage Road with a million followers

From the Azteca to Vicarage Road with a million followers

Miguel Layun is a star in Mexico where he was criticised for leaving to join Watford. But he says he sees the bigger picture
Frank Warren column: Amir Khan ready to meet winner of Floyd Mayweather v Manny Pacquiao

Khan ready to meet winner of Mayweather v Pacquiao

The Bolton fighter is unlikely to take on Kell Brook with two superstar opponents on the horizon, says Frank Warren
War with Isis: Iraq's government fights to win back Tikrit from militants - but then what?

Baghdad fights to win back Tikrit from Isis – but then what?

Patrick Cockburn reports from Kirkuk on a conflict which sectarianism has made intractable