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Why did Centrica plc (CNA) shares fall 3%?

In trending news on UK stocks, Centrica PLC (GB:CNA) shares fell by around 3%, as of writing, after the company maintained a cautious outlook for i...

Why did Centrica fend off a shareholder revolt?

British Gas owner Centrica has fended off a potential shareholder revolt over its chief executive’s £8.2 million pay deal last year, as campaigners branded the pay packet “fundamentally wrong”. Chris O’Shea saw his pay package nearly double from £4.5 million in 2022.

Will Centrica achieve a sustainable operating profit range in 2024?

Centrica mentioned that all its Retail Supply and Optimisation businesses will reach their medium-term sustainable adjusted operating profit ranges in 2024, two years before the targeted schedule. Meanwhile, its British Gas Services and Solutions division is projected to achieve improved financial results compared to last year.

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Risk warning: Digital asset trading is an emerging industry with bright prospects, but it also comes with huge risks as it is a new market. The risk is especially high in leveraged trading since leverage magnifies profits and amplifies risks at the same time. Please make sure you have a thorough understanding of the industry, the leveraged trading models, and the rules of trading before opening a position. Additionally, we strongly recommend that you identify your risk tolerance and only accept the risks you are willing to take. All trading involves risks, so you must be cautious when entering the market.

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