Current news on npower 2016
Here are some news articles from 2016 related to Npower:
- Npower's financial struggles continue: In January 2016, Npower's parent company, RWE, announced that the UK energy supplier was facing a significant financial challenge due to increased competition and regulatory pressures. (Source: The Guardian)
- Npower's customer base shrinks: In February 2016, it was reported that Npower's customer base had shrunk by 1.4 million since 2013, with the company losing market share to rivals such as British Gas and E.ON. (Source: The Telegraph)
- Npower's prices to rise: In March 2016, Npower announced that it would be increasing its prices for domestic customers by an average of 9.8% from April 2016. (Source: BBC News)
- Npower's customer service criticized: In April 2016, a report by the energy regulator, Ofgem, found that Npower's customer service was among the worst in the industry, with customers facing long wait times and poor communication. (Source: The Independent)
- Npower's plans to cut jobs: In May 2016, Npower announced plans to cut around 1,000 jobs as part of a cost-cutting drive. (Source: The Financial Times)
- Npower's sale to E.ON: In July 2016, it was reported that Npower was in talks to be sold to its rival, E.ON, in a deal worth around £7.5 billion. (Source: The Times)
- Npower's customer data breach: In August 2016, Npower announced that it had suffered a data breach, which had compromised the personal details of around 100,000 customers. (Source: The Daily Mail)
- Npower's plans to exit the UK market: In October 2016, it was reported that Npower was considering exiting the UK energy market altogether, citing the increasing competition and regulatory pressures. (Source: The Financial Times)
These are just a few examples of the news articles from 2016 related to Npower. If you're looking for more specific information or updates, I'd be happy to try and help you with that!