BGN Entrepreneur

Centrica, owner of British Gas says it may close one of its largest gas fields because of the increased taxes. The company has decided three fields in Morecambe Bay for a month of maintenance, and says it could not open any of them again.
In his budget, said Chancellor George Osborne additional tax on oil and [...]

Today, Centrica and EDF were reported to be at loggerheads over the planned sale of a 25% stake in British Energy, which supply the UK with around one-sixth of its electricity needs in total. According to the Financial Times, the recent sharp fall in electricity prices meant Centrica was under great pressure from its shareholders [...]