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    Ovo Energy Ltd

    Add to myFT Digest

    Add this topic to your myFT Digest for news straight to your inbox

    • Friday, 21 October, 2022
      Ovo Energy was on regulator’s watchlist for nationalisation

      Ofgem drew up plans this summer for company behind this week’s late bid for failed rival Bulb

    • Thursday, 20 October, 2022
      UK energy
      Ovo Energy launches eleventh-hour approach for collapsed rival Bulb

      UK supplier moves after close of sales process and with Octopus the only remaining bidder

    • Sunday, 25 September, 2022
      Energy group Ovo warned of financial peril before UK government help

      Newly released accounts show company expected to breach banking covenants because of soaring prices

    • Thursday, 13 January, 2022
      Ovo Energy to axe 1,700 jobs as crisis bites

      UK’s third-biggest energy retailer seeks to cut costs as volatile gas market puts strain on sector

    • Monday, 10 January, 2022
      UK energy
      Cuddle your pet to keep down bills, says energy supplier Ovo

      Company sparks fury with ‘insensitive’ advice to customers to stay warm over winter

    • Monday, 4 October, 2021
      Energy sector
      Ovo prepares bid for Bulb

      Deal would create UK’s second-biggest energy supplier as sector reels from surging prices

    • Friday, 18 June, 2021
      City InsiderBryce Elder
      Virgin territory as Ovo founder takes to the skies

      Parallels between Fitzpatrick and Branson empires don’t stop at getting off the ground

    • Monday, 5 October, 2020
      UK energy
      UK households will need help paying winter bills, warns supplier

      Ovo Energy chief expects customers to struggle as government scales back jobs scheme

    • Tuesday, 19 May, 2020
      UK energy supplier Ovo to cut 2,600 jobs

      Meter readers and back-office roles face cull as virus emergency hits business

    • Thursday, 2 April, 2020
      Centrica PLC
      Centrica suspends dividend as Ovo furloughs 3,400 workers

      First signs of severity of coronavirus pandemic on UK energy sector 

    • Wednesday, 29 January, 2020
      LombardKate Burgess
      Virgin Money must listen to shareholders on pay

      It is hard to see how chief executive’s remuneration matches investors’ suffering

    • Wednesday, 29 January, 2020
      UK energy supplier Ovo to pay £8.9m in fines

      Group issued customers with inaccurate or incomplete information over five years, says regulator

    • Thursday, 19 September, 2019
      Energy group Ovo promises to eliminate customer CO2 emissions

      Commitment is one of the biggest by a UK supplier, covering electric and gas power

    • Friday, 13 September, 2019
      City Bulletin
      Opening Quote: Ovo leaps into the UK energy big leagues

      Your morning City briefing on companies in the news, job moves and what’s happening in the markets

    • Friday, 13 September, 2019
      SSE PLC
      Ovo joins top tier of UK energy suppliers with £500m SSE deal

      Acquisition of rival’s retail unit will create Britain’s second-biggest household provider

    • Saturday, 10 August, 2019
      UK energy
      SSE in talks with Ovo over sale of UK energy business

      Deal would make Bristol company second largest supplier of electricity and gas in country

    • Thursday, 14 February, 2019
      Utilities
      Mitsubishi takes 20% stake in Ovo Energy

      Japanese group seeks foothold in digital energy with move into UK challenger

    • Tuesday, 27 November, 2018
      UK energy provider Ovo acquires Spark after failure
    • Friday, 2 February, 2018
      Energy sector
      Energy watchdog opens investigation into challenger supplier Ovo
    • Tuesday, 22 August, 2017
      Energy sector
      OVO appoints Number 10 energy advisor as chief of staff to CEO
    • Wednesday, 22 February, 2017
      Energy sector
      Energy price rises can be explained in some cases – Ofgem chief
    • Wednesday, 2 March, 2016
      Energy sector
      Energy suppliers forced to open customer databases to rivals

      CMA move comes as part of package of proposals after probe into whether households being overcharged

    • Monday, 30 November, 2015
      UK energy
      Energy department criticises proposed energy price cap

      Officials warn government-approved plan could make customers less likely to switch supplier

    • Thursday, 19 November, 2015
      Energy sector
      Energy challengers struggle to find profits spark

      Independents could yet trip on IT glitches and commodities price shocks

    • Sunday, 27 September, 2015
      Energy sector
      Growth in customer numbers costs energy provider Ovo Energy

      UK utility challenger triples customers but losses widen to £37.3m

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