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‘Astonishing and appalling’: British Gas battles customer anger over energy bill struggles

www.theguardian.com 03-01-2025 03:00 1 Minutes reading

Complaints ratio for Britain’s biggest energy supplier is almost three times higher than its rival Octopus Energy

“It has been both astonishing and appalling in equal measure,” says Jonathan Hattersley, 66, from Cambridgeshire. He is one of thousands of British Gas customers left frustrated by Britain’s biggest energy supplier.

The gas and electricity supplier helped its parent company, Centrica, to a profit of £1bn for the first half of the year. But while the FTSE 100 company handed out millions of pounds in dividends, Hattersley lodged one of the 400,000 complaints British Gas received in 2024, on top of the 1m it recorded the year before.

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Halifax says house prices dipped by 0.2% in December while annual price growth slowed to 3.3%

Good morning, and welcome to our rolling coverage of business, the financial markets and the world economy.

UK house prices finished 2024 up 3.3% over the year, with the average property value falling slightly in December, according to a major mortgage lender.

December 2024 was one of the busiest Decembers in years in terms of buyer demand. This was driven by first-time buyers who were keen to get on the property ladder before this year’s changes to Stamp Duty but also by second-steppers, including young families, wanting to upsize.

We believe that UK growth is likely to slow, as employer tax increases, and their potential impact on prices and employment, begin to filter through into the economy.

8.30am GMT: Eurozone, France, Germany, Italy HCOB Construction PMI for December

9am GMT: Italy Unemployment rate for November (previous: 5.8%)

10am GMT: Eurozone inflation for December flash (previous: 2.2%, forecast: 2.4%)

10am GMT: Eurozone unemployment rate for November (previous: 6.3%)

1.30pm GMT: US Trade for November

3pm GMT: US ISM Services PMI for December

3pm GMT: US JOLTs Job Openings for November

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