Energy Costs

The owner of Britain’s largest energy supplier may need to raid its shareholder payouts to withstand a tougher-than-expected government crackdown on rising energy bills. The looming energy price cap is likely to slash the earnings of British Gas three times deeper than investors first feared, which may force its parent company to cut shareholder dividends by a quarter and could also expose Centrica to the threat of a takeover.

Telegraph 7th Oct 2017 read more »