Cnr news on npower 2016
Here are some news articles from 2016 related to Npower:
- Npower to cut 4,500 jobs in UK (January 2016)
Npower, one of the Big Six energy suppliers in the UK, announced plans to cut 4,500 jobs as part of a major restructuring effort. The company said the job cuts were necessary to reduce costs and improve efficiency. (Source: BBC News)
- Npower's profits plummet by 80% (February 2016)
Npower's parent company, RWE, reported an 80% drop in profits for the German energy giant's UK arm. The company blamed the decline on increased competition and a rise in wholesale energy costs. (Source: The Telegraph)
- Npower to hike energy prices by 15% (March 2016)
Npower announced plans to increase its energy prices by 15% for millions of customers, citing rising wholesale costs and a need to invest in its infrastructure. The price hike was criticized by consumer groups and politicians. (Source: The Guardian)
- Npower's customer service rated worst in UK (April 2016)
A survey by the energy regulator, Ofgem, found that Npower had the worst customer service among the Big Six energy suppliers in the UK. The company was criticized for its poor response to customer complaints and lack of transparency. (Source: The Independent)
- Npower to invest £500m in UK energy infrastructure (June 2016)
Npower announced plans to invest £500m in the UK's energy infrastructure over the next five years, including upgrades to its power grid and the development of new renewable energy projects. (Source: Energy Live News)
- Npower's profits fall by 25% (July 2016)
Npower's parent company, RWE, reported a 25% decline in profits for the UK arm, citing increased competition and a challenging market. The company said it was focusing on cost-cutting measures and investing in new technologies to improve its competitiveness. (Source: Reuters)
- Npower to axe 1,200 jobs in UK (September 2016)
Npower announced plans to cut 1,200 jobs in the UK, citing a need to reduce costs and improve efficiency. The company said the job cuts would affect its customer service, sales, and administrative teams. (Source: The Times)
- Npower's customer base falls by 10% (October 2016)
Npower reported a 10% decline in its customer base, citing increased competition and a challenging market. The company said it was focusing on retaining its existing customers and improving its customer service. (Source: Energy Today)
- Npower to invest in smart meters (November 2016)
Npower announced plans to invest in smart meters, which allow customers to monitor their energy usage in real-time. The company said the investment would help it to improve its customer service and reduce energy waste. (Source: Smart Energy International)
- Npower's profits fall by 30% (December 2016)
Npower's parent company, RWE, reported a 30% decline in profits for the UK arm, citing increased competition and a challenging market. The company said it was focusing on cost-cutting measures and investing in new technologies to improve its competitiveness. (Source: Bloomberg)