British gas

London markets plunge amid rising European inflation data

London markets plunge amid rising European inflation data

L Shares of ondon fell after trading in Europe was hit by runaway inflation across the continent. The FTSE 100 was also impacted by falling shares of banking companies after the disappointment of the latest quarterly figures from NatWest. The upper index ended the day down 26.02 points, or 0.37%, at 7,047.67. Michael Hewson, chief …

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British Gas to pay households to cut teatime electricity use by 30%

British Gas to pay households to cut teatime electricity use by 30%

Centrica opens the site without government financial support this winter. However, Centrica chief executive Chris O’Shea said he would need support if he were to increase capacity for next winter and convert it to long-term hydrogen storage, as hoped. He said the support available for power interconnections, a cap and floor mechanism in which the …

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