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Long title: An Act to provide for the appointment and functions of a Director General of Gas Supply and the establishment and functions of a Gas Consumers' Council; to abolish the privilege conferred on the British Gas Corporation by section 29 of the Gas Act 1972; to make new provision concerning the supply of gas through pipes and certain related matters; to provide for the vesting of the ...
The primary cause of the price rises has been a surge in the wholesale price of natural gas worldwide. [1] Domestic supply only covers about 40% of the United Kingdom's needs, [1] while the rest is imported from neighbouring countries, such as Norway and the Netherlands, and further afield in Qatar and the United States, and Russia supplies around 5% of the UK market.
The act nationalised the UK gas industry and 1,064 privately owned and municipal gas companies were merged into twelve area gas boards each a separate body with its own management structure. [3] Under the Gas Act 1948 the area boards were charged with three duties: [ 4 ]
The 2021 British Gas strike was a labour strike by British Gas workers in the United Kingdom. The workers, represented by the GMB union, opposed British Gas' "fire and rehire" plans, where the company planned mass layoffs of employees, with the goal of ultimately rehiring them on less favourable contracts without having to negotiate over terms.
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It is the trading name of British Gas Services Limited and British Gas New Heating Limited, both subsidiaries of Centrica. [5] Serving around ten million homes in the United Kingdom, British Gas was the largest electricity supplier in the country until 2024 when it was overtaken by Octopus Energy. [6] It remains the largest gas supplier.