Business News

British Gas, the UK’s leading energy provider, was found guilty of incorrectly blocking businesses customers from switching suppliers and will be forced to pay £5.6m in fines and compensation, a news report in the matter can reveal.

Banks and other financial lenders do very little to support businesses wishing to invest in energy saving projects, fresh new research from Siemens Industry and the Energy Institute can reveal.

German utility RWE, the parent company of UK energy supplier npower, has revealed plans to take a more active role in the energy saving solutions’ sector as demand in this segment has soared over the past few years.

Npower, one of the UK’s Big Six energy suppliers, has recently announced three new energy plans targeting specifically small and medium enterprises (SMEs) that simplify the way in which companies choose their energy.

Three of Scotland’s most prestigious universities (St Andrews, Strathclyde University and Stirling University) will be able to access a £20 million funding pot offered by the Scottish Government, a

Almost a third of company managers and directors don’t really know who their energy supplier is, which means that they can’t opt for the best available deals, statistical figures obtained from a new market survey have revealed.

Centrica, the owner of the UK’s largest energy supplier, British Gas, has warned investors that a highly competitive market and lower consumption will result in lower revenue and profit in 2014.

The Billings, an office building located in Guildford, has managed to become the first commercial building to achieve the Low Carbon Workplace Standard.

Ireland has decided to create a National Energy Efficiency Fund aimed at implementing various energy efficiency projects and allocated €17.2 million (£14m) for this scheme, a news source can reveal.

Over 7,000 UK businesses will be required to provide very detailed reports on their energy use, or face the potential of being fined under the Department of Energy and Climate Change (DECC)’s new Energy Savings Opportunity Scheme (ESOS).

One of the UK’s best-known energy suppliers has just been slapped with a very serious fine for mis-selling to vulnerable customers for a period of three years, the energy market regulator has announced.

A fuel company has decided to offer all home owners who use oil for heating the possibility to go on a fixed price plan, a news report can reveal.