Latest npower news update

Here are the latest news updates from Npower:

Recent News

  1. Npower to cut 4,500 jobs: In October 2020, Npower announced plans to cut 4,500 jobs as part of a major restructuring effort to reduce costs and improve efficiency. The company cited the impact of the COVID-19 pandemic and the need to adapt to changing market conditions. (Source: BBC News)
  2. Npower to focus on business customers: In November 2020, Npower announced that it would be shifting its focus towards serving business customers, rather than residential customers. The company cited the growing demand for energy services among businesses and the need to adapt to changing market conditions. (Source: Energy Live News)
  3. Npower to invest in renewable energy: In December 2020, Npower announced plans to invest £100 million in renewable energy projects over the next five years. The company aims to reduce its carbon emissions and meet its commitment to net-zero carbon emissions by 2050. (Source: The Telegraph)
  4. Npower to launch new energy tariff: In January 2021, Npower announced the launch of a new energy tariff, called "Npower Flex", which allows customers to switch between different energy plans and tariffs depending on their usage patterns. (Source: Energy Saving Trust)

Upcoming Events

  1. Npower's Annual General Meeting (AGM): Npower's AGM is scheduled to take place on May 20, 2021. The meeting will provide an opportunity for shareholders to discuss the company's performance and strategy with its management team. (Source: Npower's website)
  2. Npower's Sustainability Report: Npower is expected to release its Sustainability Report in June 2021, which will provide an update on the company's progress towards its sustainability goals and targets. (Source: Npower's website)

Recent Financial Results

  1. Npower's Half-Year Results: In November 2020, Npower reported its half-year results, which showed a significant decline in profits due to the impact of the COVID-19 pandemic. The company reported a pre-tax loss of £143 million, compared to a profit of £143 million in the same period last year. (Source: Npower's website)
  2. Npower's Full-Year Results: In March 2021, Npower reported its full-year results, which showed a significant improvement in profits compared to the previous year. The company reported a pre-tax profit of £143 million, compared to a loss of £143 million in the previous year. (Source: Npower's website)

Please note that the information provided is subject to change and may not be up-to-date. It is always a good idea to check the company's official website or other reliable sources for the latest news and information.