15 January 2021 - Trader stock
As most readers will know Centrica, the owner of British Gas, has been through difficult times over recent years, steadily losing customers as competition in the market has increased. The share price has fallen back from over 240p in 2016 to a low of 30p last March. It has recovered since then to 50.5p and yet there could be further to go in the short term following yesterday’s encouraging trading statement. This revealed that 2020 profits would be better than expected helped by lower costs. The exodus of customers seems to have been . . .
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