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francis jawk

Southampton, England, United Kingdom

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Member since October 06, 2012


  • British Gas profits up 3.2%

    Community, Environmental Design

    Source

    Centrica should 'exercise restraint' with tariffs

    British Gas owner Centrica should "exercise restraint" with tarriffs after profits from its residential energy arm rose by 3.2% to £356 million, an energy minister said.

    The supplier cashed in on the freeze in the first half of the year after raising tariffs by 6% in December.

    Michael Fallon said: "What matters is not just the profits, it's the prices that we all have to pay and there was a big price increase just before last winter, over 6%, so I would hope that Centrica would now exercise restraint and that we are not going to see similar price jumps."