Scottish Power has announced the loss of 120,000 customers over the past year, as price competition has seen switching to other firms. The company saw pre-tax earnings in the division including electricity and gas retail fall by 71% to £49m. The company said this is due to a mild winter earlier this year, when compared with the bitter cold of the ‘beast from the east’ in 2018. As with other energy firms, profits are also being hit by the new price cap.
BBC 24th July 2019 read more »
Times 25th July 2019 read more »
Herald 25th July 2019 read more »