The Telegraph
Shell considering selling UK energy supply business
Shell is considering selling its UK energy supply business after injecting £1.2bn into the loss-making division to help it cope with rocketing gas and electricity prices.
The company on Thursday said it had launched a strategic review of the business, which supplies 1.4m British households and also operates in the Netherlands and Germany.
It raises the prospect of the unit being sold just six years after Shell first moved into the UK household supply sector.
A head-cut image of Alfred Donovan (now deceased) appears courtesy of The Wall Street Journal.
