Unite union says UK energy supplier’s bumper results ‘come off the back of exorbitant energy bills’

Annual profits at British Gas have soared nearly tenfold after it tried to recoup costs from the energy crisis, while its parent company announced another £144m payout to shareholders.

Centrica released figures on Thursday showing that British Gas, which supplies energy to UK households and businesses, showed its profits jumped to £751m in 2023, up from £72m a year earlier.

Continue reading…

Leave a Reply

Your email address will not be published. Required fields are marked *

You May Also Like

Five people killed as police fire at protesting workers in Bangladesh

Employees were demanding unpaid wages and a pay rise at a Chinese-backed…

Martin Turpin: ‘Bullshitting is human nature in its honest and naked form’

The cognitive scientist explains the link between intelligence and telling fibs –…

World may be on cusp of new inflationary era, says central bank chief

Agustín Carstens challenges Bank of England’s outlook, which estimates inflation will fall…