
British Gas Energy has seen a 44% jump in profit despite despite a squeeze on the energy sector which has put many of its rivals out of business
(Picture: PA Media)The boss of British Gas-owner Centrica is waiving his £1.1 million bonus this year as household heating bills soar.
Centrica CEO Chris O’Shea will take just his £775,000 salary for the year, the company said today. His decision came as gas and electricity prices are set to soar by more than 50% for 22 million households across the UK in April.