Centrica is forecasting earnings per share of 12.5 pence, down 26 per cent from last year, according to a trading statement published on Thursday.

Centrica plunged the most in 20 years after Britain’s biggest energy supplier to homes warned profit would be lower than expected as an increasing num(...)

Mark Carney, governor of the Bank of England. The bank cut its forecasts for economic growth and wages last week. Photograph: Simon Dawson/Bloomberg

British consumer price inflation unexpectedly held steady last month as fuel prices fell amid other signs that the squeeze on households’ spending pow(...)

Elon Musk,  chief executive of Tesla Motors. Whether or not all cars are electric by 2040, we can be sure of one thing: demand for electricity, particularly of the green variety, will soar. Photographer: Tim Rue/Bloomberg

Tech gurus are often fond of forecasting the future. As with economics, that’s a shame: forecasting is always an exercise in futility. In the week t(...)

 British Gas offices in Staines: the looming 12.5 per cent increase is almost five times the rate of inflation. Photograph: Toby Melville

When an overenthusiastic employee mistakenly posts news of a price hike on the company website the day before it’s due to be announced, you know you’r(...)

Britain’s prime minister Theresa May says that her price cap plan will save some 17 million customers up to £100 a year. But switching to a cheaper supplier typically offers far bigger savings. Photograph:  Oli Scarff/AFP/Getty Images

Prime minister Theresa May has been doing her best to avoid direct contact with the voters since she called the snap June election. But she raised her(...)

German Stock Market,  May 8th, 2017. Photograph: Getty

European stocks closed near the highest level since August 2015, ending the session little changed after centrist Emmanuel Macron’s victory in the Fre(...)

Ervia is the holding company for Gas Networks Ireland and Irish Water.

State-owned utility company Ervia is set to pay a special dividend of €100 million to the Government this year, as the latest instalment in the disbur(...)

“Bord Gáis Energy, delivered a strong result in 2016,” said its parent company, Centrica.

Bord Gáis Energy saw pretax profits rise 53 per cent, from £30 million to £46 million (€54.4 million) last year, as British parent Centrica made a ret(...)

BT shares fell as the telecoms giant warned on profits  after accounting irregularities at its Italian division. Photograph: Stefano Rellandini/Reuters

European stocks rose as commodity producers led an advance in cyclical shares while those deemed more immune to the economy trailed. Across Europe, t(...)

Former minister for health Edwin Poots accuses opposition Assembly members of mounting a “hate campaign” against  former first minister. Photograph: Kevin Boyes

 The Ulster Unionist Party has asked the PSNI chief constable George Hamilton to investigate claims that there was fraud involving some of the r(...)

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