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Financial Times & Statista Name Yorkshire Gas and Power Europe’s Long-Term Growth Champion 2027
Yorkshire Gas and Power has secured first place in a prestigious Financial Times European growth ranking, as we announce plans to double revenue and expand our workforce through investment in graduates and early careers.
The Financial Times and Statista Europe’s Long-Term Growth Champions 2027 recognises the 300 European businesses that have achieved the highest levels of sustained growth over a decade. For Yorkshire Gas and Power, it’s a milestone that reflects ten years of determination, resilience, and investment in people.
Achieving an average annual growth rate of almost 99 per cent, we’ve transformed from a small Leeds start-up into a national commercial energy supplier. Ahead of more than 20 million businesses across 29 European countries, this recognition places Yorkshire Gas and Power among Europe’s most successful independently established companies.
The Numbers
#1
Europe’s Long-Term Growth Champion
99%
Average Annual Growth
20m+
Businesses Assessed
29
European Countries
13%
Planned Workforce Growth
1/3
Employees Under 30
While we’re incredibly proud of the achievement, we’re also excited about what comes next.
Investing In The Next Generation
As part of our continued growth plans, we plan to increase our workforce by 13 per cent over the next 12 months, creating new opportunities for graduates and young people entering employment. This will include immediate vacancies within our Energy Operations Rotational Graduate Scheme, further propositions within a business-wide graduate programme commencing in September 2027, and roles designed for school leavers.
Investing in early careers is a key driver of Yorkshire Gas and Power’s success. Today, almost a third of our workforce is under 30, while more than 10 per cent of employees joined Yorkshire Gas and Power through a graduate, placement, or school-leaver programme. We believe that exceptional talent thrives when given the right support, trust, and opportunities to develop. As Yorkshire Gas and Power has grown, we’ve remained committed to investing in learning, development, and clear pathways for progression.
“To be recognised as Europe’s leading business for long-term revenue growth is an exceptional achievement and one that reflects the hard work of our people and the strength of the business we have built.
The energy sector has faced significant challenges over the past decade, but our commitment to investing in our people, strengthening commercial partnerships and making decisions for the long-term has enabled us to achieve sustained growth. We’re immensely proud of what we’ve accomplished, particularly as an independent business with its roots firmly in Yorkshire.”
David Ballantyne, Yorkshire Gas and Power CEO
90% + Employee Recommendation Rate
More than nine in ten employees said they would recommend Yorkshire Gas and Power as a place to work.
From expanding our HR and training capabilities to launching structured graduate pathways and our Future Leaders Programme, we’re committed to helping people build meaningful, long-term careers with us.
That investment is reflected in the feedback we received in our latest employee engagement survey, over 90 per cent of employees said they would recommend Yorkshire Gas and Power as a place to work, with learning and development opportunities identified as the most valued employee benefit.
Growth isn’t just about revenue. It’s about creating an environment where people can succeed. We’re proud of the progress we’ve made in building a diverse and inclusive workforce. Women represent 40 per cent of employees, around 44 per cent of our senior leadership team and half of our directors, helping to shape the future of the business at every level. As we’ve grown we’ve worked hard to maintain the culture that has been at the heart of Yorkshire Gas and Power since day one: ambitious, supportive, and committed.
Built in Yorkshire. Recognised Across Europe.
This achievement is also a significant milestone for the founder of Yorkshire Gas and Power, Rishi Raichura, who built the business from the ground up without external investment. Raichura launched YGP in a bedroom in shared, rented accommodation in Leeds, initially investing £65 in a domain name and basic customer management software. With limited resources, he managed all aspects of the operation independently. Despite considerable challenges during the company’s formative years, he continued to develop Yorkshire Gas and Power into an established commercial energy supplier, serving businesses throughout the UK.
Growth Built To Last
Our growth has been driven by a combination of strategic investment, operational resilience, and strong commercial partnerships. We’ve maintained investment through challenging periods, including the Covid-19 pandemic, strengthened our people and development functions, and built a trusted network of more than 250 intermediary relationships.
David Ballantyne, CEO, added: “Our ambition is to double revenue over the next three years, and investing in talented people will be fundamental to achieving that growth. As a Yorkshire business, we’re committed to creating opportunities in the region, particularly for graduates and young people taking their first steps into employment. We want to provide meaningful career pathways that allow people to develop, progress and build long-term careers with us, while ensuring we have the skills and expertise to support our next phase of expansion.”
4305 Park Approach,
Thorpe Park,
Leeds, LS15 8GB
0113 856 0056 | contact@ygp.co.uk
Marketing enquiries: marketing@ygp.co.uk
Legal enquiries: legal@ygp.co.uk
Energy Ombudsman Contact Details:
Tel: 0330 440 1624
Address: Energy Ombudsman, P.O. Box 966, Warrington, WA4 9DF
Email: enquiry@energyombudsman.org
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