The government plans to sell some of Natwest’s shares to the public this summer. The government’s plan to sell its remaining stake in Natwest could be “dangerous” and lead to a flood of retail investors increasing their exposure to a single stock, the head of a FTSE 250-listed asset manager has warned. In an interview […]
Customers of British Gas, OVO, EDF, EON and Octopus will lose money under the new energy price cap. Energy consultancy Cornwall Insight expects the average household’s energy bill to rise from the current £1,568 to £1,714 a year on 1 October. The £146 hit will be even worse for state pensioners, who are also likely […]
Centrica is facing a dispute with investors over Chris O’Shea’s £8 million salary. The owner of British Gas is facing a shareholder revolt this week over the £8.2 million salary of its chief executive. Centrica boss Chris O’Shea said in January there was “no point” in trying to justify his salary and bonus while homeowners […]
British Gas owner Centrica has fended off a potential shareholder revolt over its chief executive’s £8.2m pay deal last year, with activists branding the pay arrangement “fundamentally wrong”. Chris O’Shea’s salary package has almost doubled from £4.5 million in 2022. His latest contract for 2023 gave the CEO a salary of £810,000, an annual bonus […]
Martin Lewis said many people who pay their energy bills by direct debit need to act now – if they are currently on credit. Speaking on his BBC podcast, the finance expert said customers have reached the crucial moment of the year to know whether they should apply for credit repayment from suppliers including EDF, […]
Energy company British Gas is warning its customers to keep their homes cool using a very unusual method: not to leave food in the kitchen. With the Met Office predicting sweltering temperatures of up to 34°C for parts of England and the rest of the UK on Monday, most of us are trying hard not […]
Money-saving expert Martin Lewis has explained that customers of major energy companies such as British Gas, EDF, OVO, Octopus Energy, E. On and Scottish Power could currently receive up to £180 direct into their bank accounts. Lewis points out that May is the annual period when all energy customers should check their bills and the […]
