Price cap hits Centrica as it aims to be cheapest supplier on market by 2022

Price caps, nuclear outages and falling natural gas prices have hit British Gas owner Centrica’s finances. Still, the company is aiming to become the cheapest energy supplier by 2022. Outgoing chief executive Iain Conn described the sector as being a “challenging environment” when the company unveiled its preliminary financial results for year ending 31 December 2019. Utility Week takes a look beyond the headline figures.

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