British Gas makes profit in face of fuel poverty
British Gas is to reveal a 25 per cent increase in profits, despite the fact that residential customers living in fuel poverty is also rising. Something doesn't add up there, does it?
The announcement that British Gas made £350 million, which is up from £280 million last year, will no doubt irk a huge number of customers who have seen gas and electricity bills double in recent years.
And guess what? British Gas is saying that residential customers will invariably see bills rising by a further £100 in 2012.
So, if British Gas aren't doing anything about it, can we assume that our esteemed leader, David Cameron will? Well, the last big rise in fuel poverty so the pudding faced Herbert calling a summit where the “big six” suppliers, government, the regulator Ofgem all had a big chat.
This saw bills being presented to us in a much more palatable way, but alas, didn't actually bring the price down at all.
With British Gas continuing to rinse everyone for money and no-one doing anything about it, we can all assume that this is going to get worse... and worse... and worse... until we all freeze and die over the winter of 2012, our corpses huddled around a Polaroid of a fireplace.