Npower, which sponsored Team Englan at last year’s Commonwealth Games, said it still expected to make “significant losses” this year AlamyAbout 900 jobs are to go at Npower as the energy supplier cuts costs in response to the government’s price cap and competition from cut-price rivals. The troubled company blamed the “extremely tough” conditions in the UK retail market for the job cuts, which equate to almost 15 per cent of its 6,300-strong workforce. Npower said it still expected to make “significant losses” this year. The smallest of the “Big Six” suppliers, owned by Germany’s Innogy, supplies more than two million households in the UK. The government ordered Ofgem, the regulator,…

Source: The Times February 01, 2019 00:13 UTC