Ed Miliband slams British Gas after obscene £969 million profit
Centrica, British Gas’s owner, reported underlying operating profits of £2.1 billion for the first six months of the year, up from £1.3bn over the same period last year.
Centrica, British Gas’s owner, reported underlying operating profits of £2.1 billion for the first six months of the year, up from £1.3bn over the same period last year.
As households continue to feel the sting of eye-watering energy costs in Britain, how are other nations in Europe helping to reduce citizens’ energy consumption and costs?
‘The price cap may be down but energy bills for millions of households will still be crippling’.
“Energy bills are out of control. The government must cancel April’s hike.”
Centrica’s full-year profits hit £3.3bn for 2022, more than triple the £948m it made the year before.
Today BP announced that its annual profits more than doubled to £23bn in 2022, while last week oil and gas giant Shell announced eye-watering profits of £32.2bn, its highest in 115 years.
“Hard-pressed families will rightly feel furious – they are being treated like cash machines.”
“Not everyone is suffering from a cost of living crisis.”
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He said: “Opposing onshore wind waves the white flag on our energy security and raises bills for families.”