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Ian Marchant

Electricity Pylon

Centrica chairman raises concerns on the future of UK energy supplies

The president of the Confederation of Business Industry has warned the UK faces the genuine threat of lights going out, unless energy policy needs are resolved soon. Sir Roger Carr, who is also the chairman of British Gas owner Centrica, suggested energy firms may struggle to meet the country's energy demands if a resolution is ...

15 May

House inside a lightbulb

Ian Marchant deeply ashamed of SSE's £10.5m mis-selling fine by Ofgem

The boss of the 'Big Six' energy firm SSE has said he is ashamed of the huge amount of criticism surrounding his company over the mis-selling scandal it has been caught up in. Ian Marchant said he was 'deeply ashamed' after Ofgem hit SSE with a £10.5m fine for misleading customers on competitors' prices. The ...

13 May

House inside a lightbulb

SSE's Ian Marchant: UK at risk of "lights going out" in the future

The boss of one of the 'Big Six' energy firms has warned the UK is at real risk of its "lights going out" unless further action is taken over the generation and supply of power. SSE chief executive, Ian Marchant, warned that the government was seriously underestimating the "capacity crunch" currently facing the country. Mr ...

22 March

Electricty pylon

SSE latest trade update: Lack of rain blamed for 40% hydro output drop

UK energy firm SSE has blamed a lack of rain for a 40% drop in hydro energy output. However in the company's latest trade update covering the nine months up until December of last year, it reported an increase in wind power which offset the fall in hydro output. The trade update confirmed a 40 ...

04 February

Electricty pylon

SSE chief Ian Marchant to step down in the summer

The chief executive for the UK energy firm SSE is set to step down in the summer. Ian Marchant announced that his current deputy, Alistair Phillips-Davies, would be replacing him following his departure. Mr Marchant, said: "the time is right for a change for both SSE and me." He had been head of SSE for ...

25 January

Electricty pylon

SSE expect profit growth despite loss of 50,000 customers

Considered as one of the 'big six' energy suppliers, SSE has revealed that it expects a growth in profits, according to an article published by Scotsman.com. The energy supplier remains confident despite the loss of around 50,000 customers during the last nine months of 2011, and the relatively mild winter enjoyed by many, which saw ...

01 February

Electricty pylon

Scottish and Southern's Ian Marchant lashes out at competitors

A prominent member of the so-called "Big Six" energy suppliers in the United Kingdom, Scottish and Southern has launched as scathing attack on its rivals, according to an article published by the Telegraph. The supplier's CEO, Ian Marchant, speaking at the Policy Exchange event criticised competitors, accusing them of adopting "predatory pricing" techniques that prevent ...

14 October

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17 May 2013

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