British Gas reports record £969m profit after price cap increase

Comments

• ArbitraryMary@lemmy.world ⁨1⁩ ⁨year⁩ ago

  What the fuck are Ofgem doing? I thought they were meant to be regulating that shit?

  source

  • Z3k3@lemmy.world ⁨1⁩ ⁨year⁩ ago

    When I asked this wresting I was told they regulate the consumer side not the wholesale side. Until that wholesale end gets brought into touch we all fucked

    source
• Hossenfeffer@feddit.uk ⁨1⁩ ⁨year⁩ ago

  The UK’s biggest energy supplier reported profits of £969m for the first six months of 2023, up almost 900% from £98m in the same period last year.

  900% increase in profits.

  source
• rayquetzalcoatl@feddit.uk ⁨1⁩ ⁨year⁩ ago

  But they’re being forced to raise their prices! They’re not price gouging and making profits! Come on, poors, cough up!

  Fuckin arseholes.

  source