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French firm’s 2022 pre-tax figure of £1.1bn in Britain relates to nuclear operations and higher energy pricesThe UK arm of the French energy company EDF bounced back to profit last year, making more than £1bn, as it was boosted by the rising cost of wh…
Chris O’Shea urged to ‘look at his conscience’ amid cost of living crisis and prepayment meter scandalThe chief executive of Centrica has refused to say whether he will waive a £1.6m bonus, as the British Gas owner’s annual profits tripled to a record …
Britain’s largest energy supplier only recently ended its much-criticised forced installation of prepayment metersThe owner of British Gas is poised to reveal record annual profits of more than £3bn, weeks after suspending the forced installation of pr…
Economic growth forecast to be 0.8% in 2023 but households still face cost of living pressuresThe EU is predicted to narrowly avoid recession as a result of a milder-than-expected energy shock, although households face difficult times ahead as cost of …
Secret international court system enables fossil fuel firms to sue governments for lost future profitsExperts have urged the UK to leave the controversial energy charter treaty (ECT), a secret court system that enables fossil fuel companies to sue gove…
BEIS also asks firms how many warrants to forcefully enter people’s homes they have applied forStab vests, huge dogs and escape routes: the secret diary of a prepay meter fitterAll energy suppliers in the UK have pledged to end the installation of prep…
Government plans to upgrade energy efficiency of homes will help only 5.8% of fuel poor households by 2030, campaign group claimsGreenpeace is threatening to take legal action against the government as it emerged a target to lift millions of struggling…
More than 180 workers reject pay deal, accusing company of ‘corporate greed’ after bumper £200m profitsWorkers at one of Britain’s biggest power plants are preparing to go on strike nine times over the next three months in a dispute over pay.More than …
Climate campaigners hit out at Norwegian state-owned Equinor’s record £62bn profits as household bills riseBritain’s biggest gas supplier, the Norwegian state-owned oil company Equinor, has been accused of “profiteering” from the energy crisis and high…
Controversial MP appointed as Greg Hands’ deputy; Michelle Donelan becomes minister for science, innovation and technology. This live blog is closedKey appointments in reshuffleThis is from TalkTV’s Kate McCann.“Next hour or so …” We’ll see. Reshuffles…