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Anger as British Gas owner Centrica’s profits triple to ‘monster’ £3.3bn


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Figure comes amid calls for tougher windfall taxes and against backdrop of prepayment meter scandal

The scandal-hit owner of British Gas has seen its profits more than triple to a record £3.3bn boosted by soaring wholesale gas prices after Russia’s invasion of Ukraine and as many households in Britain struggle with the cost of living.

Centrica’s “monster” profits immediately angered campaigners calling for tougher windfall taxes, lower bills and better treatment of vulnerable customers against the backdrop of the prepayment meter scandal.

Continue reading…Figure comes amid calls for tougher windfall taxes and against backdrop of prepayment meter scandalThe scandal-hit owner of British Gas has seen its profits more than triple to a record £3.3bn boosted by soaring wholesale gas prices after Russia’s invasion of Ukraine and as many households in Britain struggle with the cost of living.Centrica’s “monster” profits immediately angered campaigners calling for tougher windfall taxes, lower bills and better treatment of vulnerable customers against the backdrop of the prepayment meter scandal. Continue reading…