Times are tough for energy utility Centrica (LSE: CNA) just now. The company has become a political football and taken a public kicking for the country’s energy problems and rising bills. Opposition leader Ed Miliband’s threat to freeze energy bills if elected has done a lot of damage and seen Centrica’s share price tank in recent months.
Last week, the company revealed that it made less money in 2013 than it did the year before. Customers are leaving and its gas-fired power stations lost £133m. Its American profits are down, while costs are going up in its North Sea [...]
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