Pound weakens on election day – DMR

The pound has weakened against major currencies due to the “unpredictable election”, according to npower’s daily market report. Client Portfolio Manager Alex Guiot said: “The GBP is weakening against major currencies as UK votes in most unpredictable election in decades.” The pound is currently worth around €1.33. Mr Guiot added: “We are likely to see […]

Gains in UK power price “capped by weak euro”

UK power prices are being kept in check by a low price for the euro according to the daily market report from npower’s Optimisation Desk. Client Portfolio Manager Tom Matthews said: “The euro is weak against the pound, it’s about the only limiting factor today that’s putting some pressure on power and gas.” He added: […]

Temperature to drive short-term power and gas prices

Temperature will continue to drive power and gas prices in the short term, the latest market report suggests. The latest temperature forecast shows the UK should remain “in and around seasonal norms for the next week or so”, according to Ben Spry, Optimisation Desk Manager at npower. Last week however was a mixed week for […]

The Market Report – 14th January 2014

Find out about what’s influencing gas supply, power prices and what you should watch out for in this weekly update on the energy market from Ben Spry, Optimisation Desk Manager at npower. If you are blocked from seeing this video and would like your own download, please email [email protected]

Blog: Will our AAA credit rating loss push up UK energy prices?

Triple A. No we’re not talking about a dodgy grease-haired boy band, the lesser-known cousin of that butch WWE wrestler or those annoyingly small batteries which you never have enough of to replace the ones in your telly remote. No, triple A or AAA is the top notch credit rating which the UK has, as […]