In 2021 and 2022, the CEOs of energy titans British Gas, BP PLC, and Shell PLC experienced some of the most significant pay hikes among FTSE 100 leaders.
Security systems of homeowners become ineffective following British Gas’ disconnection.
Hive gadgets cease to function as smart home products are discontinued.
Despite facing criticism, the CEO of British Gas has been awarded a bonus of £3.7 million.
Centrica, the owner of British Gas, has announced that its CEO, Chris O’Shea, will receive bonuses totalling £3.7 million after the company achieved record profits in 2022.
British Gas owner Centrica to cap profit to cut energy bills – Guardian reports
Britain’s largest energy supplier Centrica plans to cap its profits to reduce household bills, according to the Guardian newspaper. Chief Executive Chris O’Shea was quoted by the Guardian.
Britain’s energy giants have replaced the banks as public enemy number one
The banks have been replaced by Britain’s energy giants in the current cost-of-living squeeze. Record profits at a time when millions of households are struggling to pay soaring bills is