Npower to cut 2,500 jobs - a fifth of its UK workforce

[DimPrawn]

I have to say I'm very happy with the electricity I get from NPower. A good solid 240V and a consistent 50Hz.

And my house was warm this morning and my food is always thoroughly cooked, so I can't complain about the gas either.

https://www.ofgem.gov.uk/publication...omers-fairly-0
https://www.ofgem.gov.uk/publication...gulations-2008
https://www.ofgem.gov.uk/press-relea...d-poor-service
https://www.ofgem.gov.uk/publication...gulations-2008
https://www.ofgem.gov.uk/publication...e-condition-12
https://www.ofgem.gov.uk/publication...otice-decision

I could go on, but you get the idea.

[BrilloPad]

I have to say I'm very happy with the electricity I get from NPower. A good solid 240V and a consistent 50Hz.

And my house was warm this morning and my food is always thoroughly cooked, so I can't complain about the gas either.

But how cheap was it?

I reckon a few coal powered generating plants would help. Though that is only short term - while we build lots more nuclear powered ones....

[VectraMan]

I have to say I'm very happy with the electricity I get from NPower. A good solid 240V and a consistent 50Hz.

And my house was warm this morning and my food is always thoroughly cooked, so I can't complain about the gas either.

[Eirikur]

2500 more potential contractors on the market

[FatLazyContractor]

If you don't like your supplier then change it, pretty easy thing to do now.

Would have been great if it was possible to do the same with Chancellors... 3-4 elected from different parties and everybody is allowed to switch within 7 days. Now that would be democracy...

You suggest we all go for Gazprom ?

[Cirrus]

But even though it made a profit, the government decided to privatise it again

One of my colleagues previously worked for NEx then EC then Virgin. She said EC was the best run.

[darmstadt]

Meme thingy picture

You could:

When National Express withdrew from running the East Coast Main Line there were concerns that the state-owned Directly Operated Railways (DOR) would not be able to deliver a good service. But not only has DOR succeeded in doing so, it has also just returned a £200m surplus to the Treasury, rather than to shareholders.

But even though it made a profit, the government decided to privatise it again

[seanraaron]

Maybe after a Brexit, the government will re-nationalise everything so that those damn pesky foreigners can't own British industries, in particular utilities, anymore

And they can employ all those newly unemployed public sector workers.

[AtW]

Maybe after a Brexit, the government will re-nationalise everything so that those damn pesky foreigners can't own British industries, in particular utilities, anymore

[darmstadt]

Maybe after a Brexit, the government will re-nationalise everything so that those damn pesky foreigners can't own British industries, in particular utilities, anymore

[mudskipper]

If you don't like your supplier then change it, pretty easy thing to do now.

It has also lost about 200,000 UK customers.

Sounds like that's exactly what people are doing.

[AtW]

npower are scumbags, pity the owners aren't heading to prison.

If you don't like your supplier then change it, pretty easy thing to do now.

Would have been great if it was possible to do the same with Chancellors... 3-4 elected from different parties and everybody is allowed to switch within 7 days. Now that would be democracy...

[DimPrawn]

npower are scumbags, pity the owners aren't heading to prison.

[AtW]

"Energy firm Npower is to cut up to 2,500 jobs, more than a fifth of its UK workforce, with an announcement to staff expected this week.

Npower, which is owned by the German energy giant RWE, employs 11,500 people in the UK and is one of the country's big six gas and electricity suppliers.

The BBC understands sales and marketing roles will be the worst hit.

The company, which has not made any official comment, posted a loss of £48m for the first nine months of last year.

It has also lost about 200,000 UK customers.

RWE will announce Npower's full-year results on Tuesday when it is expected to detail the planned job losses.

The German company, which also generates and distributes energy, has been hit by oil prices falling more than a third in the last year to around $38 a barrel. "

Source: Npower to cut 2,500 jobs - a fifth of its UK workforce - BBC News

That's what companies do when they need to balance the books. I am reading more and more of job losses in the private sector than in public, where are those massive Osborne spending cuts???