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Centrica's call for social energy tariff won't stop rip-off profiteering, Unite says
Chris O'Shea Group Chief Executive of Centrica speaks to the media during a visit by shadow chancellor Rachel Reeves, shadow secretary of state for Business, Energy and Industrial Strategy Jonathan Reynolds and Scottish Labour leader Anas Sarwar to the Scottish Gas Academy in Hamilton, Lanarkshire, July 7, 2023
UNITE rejected backing for a social energy tariff by British Gas’s owners today, saying the only way to stop rip-off profiteering is public ownership.
Centrica chief executive Chris O’Shea said that a special tariff for the worst off would be “the best thing we can do for consumers” after the energy supplies revealed a big jump in profit.
Its retail arm, which is mainly made up of British Gas, saw profit soar from £94 million in 2022 to £799m last year.
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