Eon, one of Britain’s ‘big six’ energy suppliers, has announced it will cut 500 jobs across its UK operations as the market “continues to change at an unprecedented rate.
FT 1st Aug 2018 read more »
Energy supplier E.On UK has said it will cut around 500 jobs from its UK workforce ahead of the Government’s looming price cap on the sector. The UK arm of Germany energy giant E.On is hoping to make £100m worth of savings to shore up its financial position against the energy market’s “unprecedented” march of change. The Big Six supplier’s boss Michael Lewis said there are “numerous challenges” across the energy market “not least the forthcoming price cap”.
Telegraph 1st Aug 2018 read more »
Bloomberg 1st Aug 2018 read more »
Guardian 1st Aug 2018 read more »