Centrica Plunges 18% as British Gas Owner Hit by U.K. Energy Price Cap and Lower Gas Prices

(Photo by Christopher Furlong/Getty Images) Centrica stock plunged on Thursday, as the British Gas owner swung to a heavy loss last year due to the new U.K. energy price cap and falling gas prices. The FTSE 100 firm’s shares tumbled 17% as it reported a pretax loss of £1.1 […]

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