Advertisement
UK markets close in 6 hours 16 minutes

  • FTSE 100

    8,104.92
    +26.06 (+0.32%)
     

  • FTSE 250

    19,809.88
    +207.90 (+1.06%)
     

  • AIM

    755.86
    +2.74 (+0.36%)
     

  • GBP/EUR

    1.1656
    -0.0001 (-0.01%)
     

  • GBP/USD

    1.2522
    +0.0011 (+0.09%)
     

  • Bitcoin GBP

    51,458.13
    +278.59 (+0.54%)
     

  • CMC Crypto 200

    1,389.38
    -7.15 (-0.51%)
     

  • S&P 500

    5,048.42
    -23.21 (-0.46%)
     

  • DOW

    38,085.80
    -375.12 (-0.98%)
     

  • CRUDE OIL

    83.70
    +0.13 (+0.16%)
     

  • GOLD FUTURES

    2,361.20
    +18.70 (+0.80%)
     

  • NIKKEI 225

    37,934.76
    +306.28 (+0.81%)
     

  • HANG SENG

    17,651.15
    +366.61 (+2.12%)
     

  • DAX

    18,046.46
    +129.18 (+0.72%)
     

  • CAC 40

    8,037.08
    +20.43 (+0.25%)
     
PROPERTY:

9 luxury homes to consider if money is no object

Ever thought about what a multimillion pound budget would buy you?

Centrica shares slide on UK Conservative energy price cap pledge

Reuters - UK Focus

LONDON, April 24 (Reuters) - Shares (Berlin: DI6.BE - news) in British energy providers Centrica (Frankfurt: A0DK6K - news) and SSE (LSE: SSE.L - news) fell by as much as 3 percent on Monday after Prime Minister Theresa May's Conservative Party vowed to cap domestic prices if it retains power in an election in June.

Minister Damian Green said on Sunday that the Conservative election manifesto would include measures on energy prices and the Sunday Times said the plans could cut gas and electricity costs by 100 pounds ($128)a year for 17 million families.

May's ruling party has previously said the energy market does not work properly and called for more competition in a sector dominated by the big six providers of Centrica, SSE, Scottish Power, Npower, E.ON and EDF (Paris: FR0010242511 - news) .

The broad FTSE 100 index was up 1.9 percent on Monday in early trading. ($1 = 0.7822 pounds) (Reporting by Kate Holton; Editing by William Schomberg)