British Gas owner Centrica post record profits

Centrica post profits of £2.8 billion

Reacting to the news that British Gas owner Centrica made record profits of £2.8bn in 2022, Sana Yusuf, climate campaigner at Friends of the Earth, said:

“Another set of bumper profits from one of the companies fuelling the energy and climate crises will no doubt spark further outrage as millions of people struggle to pay their bills and face a drop in government support from April.

“The new Energy Security and Net Zero Secretary needs to step up and back growing calls for a tougher windfall tax on the excessive profits of fossil fuel companies like Centrica to help fund the investment in insulation and homegrown renewables needed to bring down bills and cut emissions.”