Author and campaigner Jack Monroe appeared on ITV’s Good Morning Britain to criticise the energy companies that have announced record profits while consumers are struggling to make ends meet. British Gas owner Centrica and Shell have raked in billions of pounds, with shareholders in line for whopping payouts.
Shell made profits of £9.5billion during the second quarter of the year, beating its previous high, which was set in the first quarter, by 26%. The profits were more than double the same period last year. The company has promised shareholders payouts worth £6.5billion.
Centrica reported operating profits of £1.3billion during the first half of the year. It has resumed paying dividends to shareholders for the first time since the outbreak of the pandemic.
