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The Independent UK
The Independent UK
National
Danica Kirka

Anti-poverty campaigners rage as energy giants rake in cash

Copyright 2023 The Associated Press. All rights reserved

Anti-poverty campaigners fumed Thursday after the parent of Britain’s biggest home energy supplier said earnings more than tripled last year as consumers struggled to pay soaring utility bills.

British Gas owner Centrica followed Shell and BP as the latest U.K.-based energy company to rake in massive profits after oil and natural gas prices surged as the result of Russia’s invasion of Ukraine. That sparked renewed calls from the opposition Labour Party for an expanded tax on those companies' windfall profits.

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