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Leader: It’s all change at British Gas – except for prices
It’s been an interesting few weeks at Centrica/British Gas. The company, long the sleeping giant of the energy market, has been fairly quiet since chief executive Iain Conn announced a £1 billion strategy shift towards retail last summer. Presumably, grand vision announced, it’s been getting its operations in order so that it can deliver – but jam tomorrow means little to the stock market, and the company’s share price has suffered accordingly (news, p23).
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