Centrica’s share price has advanced in London this Monday, buoyed by news that a consortium is interested in buying a stake in the UK’s ageing fleet of nuclear power stations. The report by Sky News comes at a sensitive time for the British Gas owner which has been battling with falling revenue and profits. As of 12:43 BST, Centrica’s share price had added 1.21 percent to 76.76p, outperforming the broader UK market, with the blue-chip FTSE 100 index having slipped 0.07 percent lower at 7,362.04 points. The group’s shares have given up more than 46 percent of their value over the past year, as compared with about a 0.7-percent gain in the benchmark index.
Invezz 16th Sept 2019 read more »