British Gas and Shell rake in record profits in middle of cost of living crisis

Britain’s biggest oil and gas companies have scored bumper profits in the middle of the cost of living crisis which will leave families facing £3,850 average bills in January.British Gas owner Centrica announced a five-fold increase in profits to £1.3billion in first half of year while oil giants Shell had profits hitting a record of £9.4 billion.

“Yet Rishi Sunak opposed the windfall tax tooth and nail and has introduced a multi-billion tax break for the oil and gas sector, while Liz Truss appears to believe that the cost of living crisis can be solved by abandoning renewable energy, the cheapest form of power we have.” “This spells a very grim winter for tens of millions of households across the UK, and with no help in sight there’s no telling how high bills will go and how much misery people will be forced to endure.”

Chris O’Shea, Centrica’s chief executive, said it was “the most challenging energy crisis in living memory” even as his company reported its highest adjusted operating profits since 2013.

Source: Energy Industry News (energyindustrynews.net)

Those unethical people should be made 2 pay for holding the consumers 2 ransom. They know we need energy. They are akin 2 the strikers who do the self the same thing. The only difference they can pay. The OAP & infirm & the least well-off can do nothing but pander to the cretins

Disgraceful..shame on the greedy 🤬🤬🤬🤬 ers

Keir_Starmer was in cahoots with Milliband since 2015 setting up a scenario whereby STARMER could be in a position to lead the party. He had not been a member long enough to qualify as a candidate,so again things were manoeuvred so the minute he became eligible the plan started.

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