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.