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The Guardian

British Gas owner hands investors £300m as customers face soaring bills

The Guardian on
British Gas owner hands investors £300m as customers face soaring bills



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…



Source link : https://www.theguardian.com/business/2024/dec/10/british-gas-owner-investors-bills-centrica-profits

Author : Jillian Ambrose

Publish date : 2024-12-10 13:29:03

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Tags : The Guardian

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