Article 68XSR Centrica boss refuses to say if he will waive bonus after ‘obscene’ £3.3bn profit

Centrica boss refuses to say if he will waive bonus after ‘obscene’ £3.3bn profit

by
Alex Lawson Energy correspondent
from World news | The Guardian on (#68XSR)

Chris O'Shea urged to look at his conscience' amid cost of living crisis and prepayment meter scandal

The chief executive of Centrica has refused to say whether he will waive a 1.6m bonus, as the British Gas owner's annual profits tripled to a record 3.3bn after a price surge triggered by Russia's halt on gas supplies to Europe.

The company's monster" profits angered campaigners who are calling for tougher windfall taxes, lower bills and better treatment of vulnerable customers, after British Gas and other energy suppliers were ordered by regulators to halt forced installations of prepayment meters.

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