Centrica, Utilities, Energy industry, Business, Energy bills, Household bills, Consumer affairs, Money, UK news Business | The Guardian
Campaigners criticise Centrica, saying it has made more than £7bn in profits since start of energy bills crisisBusiness live – latest updatesThe owner of British Gas has angered fuel poverty campaigners by offering its shareholders an extra £300m this year as millions of customers brace for rising energy bills through the winter.Centrica expects to buy back shares worth £300m before September, meaning it will have repurchased £1.5bn in shares since November last year – equivalent to a fifth of the company’s total market value. Continue reading…
Campaigners criticise Centrica, saying it has made more than £7bn in profits since start of energy bills crisis
The owner of British Gas has angered fuel poverty campaigners by offering its shareholders an extra £300m this year as millions of customers brace for rising energy bills through the winter.
Centrica expects to buy back shares worth £300m before September, meaning it will have repurchased £1.5bn in shares since November last year – equivalent to a fifth of the company’s total market value.
