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Wales Online
Wales Online
National
Matthew Young & Debra Hunter

Widower, 82, raids his funeral savings to meet soaring energy bills as supplier's profits rocket

An 82-year-old widower with serious health problems is having to raid his funeral fund to keep warm this winter - while his energy supplier posts record profits and its boss looks forward to a bonus of up to £1.6million.

Barry Seckerson, a retired construction worker, says he has no choice than to use emergency savings after his gas bill more than quadrupled. Meanwhile, Centrica, the parent company of his supplier British Gas, has just revealed its annual profits have more than tripled to £3.3billion, the Mirror reports.

The huge sum - equivalent to almost £6,300 a minute or £104 a second - was fuelled by rocketing wholesale energy prices following Russia's invasion of Ukraine. Centrica boss Chris O’Shea sparked further anger by refusing to rule out taking an annual bonus of up to £1.6million, twice his £800,000 salary.

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