Latest Scottish Gas Stories

By SIMON BAIN BRITISH Gas owner Centrica went public yesterday on its interest in British Energy, but said the revival of an all-share merger plan would depend on support from all interested parties. The government, which is desperate to realise cash from its 36per cent stake in British Energy, is already reported to be urging French giant EdF to renew its offer at a higher price. Centrica said taking a minority stake in the nuclear generator, to strengthen its electricity supplies and...

By JULIA HORTON SCOTTISH Gas customers will see their power bills rise by up to 35per cent in an increase branded "shameful" by ministers yesterday. The energy company has announced that it is increasing prices by 35per cent for ga s, 9per cent for electricity and 25per cent for dual-fuel customers. The firm said it "regretted" the move which it had been forced into by "soaring" wholesale energy prices on the world market. Oil prices shot up yesterday, jumping as much as dollars5 a barrel...

PRICES at Scottish Gas are set to rise by at least 15 per cent within weeks, according to industry sources. Centrica, the owner of Scottish Gas and British Gas, is reported to be struggling to keep its retail energy business profitable after wholesale gas prices trebled in the past year. They also soared to a new high last week, adding to the pressure on the country's largest energy supplier. UK forward gas prices for delivery in January 2009 were GBP 1.13 per therm last week, up from 50p...