Metro Bank’s attempts to carry on as normal are getting ridiculous

With the bank’s value plunging, fundraising looks tricky and the board’s position ever shakierMetro Bank says its £350m fundraising is “well advanced”, which is not the same thing as being finalised, priced and ready to go. Indeed, the bank’s advisers …

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Investor anger rises over pension pay and bonus bumps at Lloyds and Centrica

Two well-remunerated FTSE 100 bosses will be in the spotlight this week as a mood of rebellion grows among shareholdersIt is bad enough being responsible for slumping customer numbers and rising bills at British Gas, but Centrica’s boss, Iain Conn, now…

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A bonus for Centrica boss after a credit rating downgrade, really?

Dividend appears ready for the chop, which implies the same for Iain Conn at British Gas ownerHere’s a share price that hasn’t been glimpsed this century: Centrica, owner of British Gas, stands below 100p. Thursday’s ex-dividend date finally pushed the…

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Ashley can rage, but his Debenhams offer had limited appeal | Nils Pratley

Sports Direct owner’s analysis is pure bluster: its offers of help came with too many conditions attached In one respect – and perhaps one only – you can sympathise with Mike Ashley. Rereading the bulletins from Debenhams’ boardroom in the past 18 mont…

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Centrica’s profits may not be the only casualty of the energy price cap | Patrick Collinson

If price cap becomes the target, rather than the ceiling, it will be customers who payIs the energy price cap working? Iain Conn, the chief executive of the British Gas owner, Centrica, has 300m reasons why he thinks it has failed, as it has lopped tha…

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British Gas owner loses 742,000 customers and issues price cap warning

Centrica says it will take £300m hit on cap on energy bills and lowers 2019 cashflow outlook British Gas owner, Centrica, lost around three-quarters of a million customers last year and warned it will take a £300m hit from the government’s price cap on…

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