TUC – government has allowed energy companies to “laugh all the way to the bank”

Commenting on today’s (Thursday) profits by Centrica, TUC General Secretary Paul Nowak said:

“While families across Britain have struggled to pay their bills, energy companies have been allowed to laugh all the way to the bank.

“The government could have imposed a proper windfall tax on excess profits. But instead it has chosen to leave billions on the table.

“This was a political choice that has benefited shareholders instead of hard-pressed households. Big oil and gas have gotten away with treating the public like a cash machine.

“Our failing energy retail companies should be brought into public ownership. That’s the way to bring down bills and invest in home improvements.”