|Bid||0.0000 x 0|
|Ask||0.0000 x 0|
|Day's range||1.3029 - 1.3029|
|52-week range||0.7300 - 1.3029|
|Beta (5Y monthly)||1.20|
|PE ratio (TTM)||130.29|
|Forward dividend & yield||0.02 (2.10%)|
|Ex-dividend date||06 Oct 2022|
|1y target est||N/A|
Three of Britain’s largest energy suppliers on Friday lost a legal challenge against the UK government over its handling of the high-profile sale of Bulb, the power supplier that was quasi-nationalised and sold to Octopus with billions of pounds in taxpayer support. Centrica, Iberdrola SA’s Scottish Power and Eon had brought a judicial review against the UK government, alleging its decision-making had been unlawful in allowing the Bulb sale to go ahead.
The chief executive of Centrica received total take-home pay of £4.5mn last year, a more than fivefold increase on the previous year, despite a controversy surrounding its contractors’ treatment of vulnerable customers that has led to a regulatory overhaul of the instalment of prepaid gas meters. Chris O’Shea’s pay packet has jumped from £875,000 in 2021, when he turned down his bonus to show solidarity with customers hit by the cost of living crisis, according to the group’s annual report. British energy regulator Ofgem subsequently ordered all suppliers to pause the practice of forcibly installing prepayment meters and launched a probe into British Gas, which supplies electricity and gas to more than 7.5mn British homes.
The boss of British Gas owner Centrica has been paid £4.5m despite a scandal at the company over the forcible installation of energy prepayment meters in people’s homes.