British Gas is to resume paying shareholders dividends - despite soaring bills for its customers.
His comments come as British Gas owner Centrica defended its decision to resume payouts to shareholders even as UK households come under pressure from rising energy bills.Adjusted operating profit for the six months ending in June rose to £1.34bn from £262m a year earlier.
Energy analyst David Cox said people would "react against" the sight of an energy company rewarding shareholders, as households struggle with bills. Mr Cox, who used to work at British Gas, said that the firm had stopped paying a dividend over the past few years as it "didn't have the money" to do so. But it had since made profits in its oil and gas exploration operations, which is why it is re-introducing payouts.
Centrica chief executive Chris O'Shea insisted a lot of the firm's profits were "going back into society".
Brasil Últimas Notícias, Brasil Manchetes
Similar News:Você também pode ler notícias semelhantes a esta que coletamos de outras fontes de notícias.
Martin Lewis issues urgent plea as British Gas profits skyrocket and Brits face £4k billsMartin Lewis has urged Boris Johnson and Tory leadership candidates Rishi Sunak and Liz Truss to intervene amid concerns energy bills will soar again putting enormous pressure on already squeezed households.
Consulte Mais informação »
Martin Lewis announces break as he prepares for a 'scary autumn and winter'Martin Lewis wants to focus on being a daddy, a husband and recharging his batteries
Consulte Mais informação »
Martin Lewis issues urgent advice to all Amazon Prime membersMartin Lewis has issued urgent advice to anyone with an Amazon Prime account after the online giant announced it is hiking its subscription costs.
Consulte Mais informação »
Martin Lewis issues advice to families to save £100s if they own a mobile phoneThe Money Saving Expert has issued the urgent message which will be welcome news to many families
Consulte Mais informação »
Martin Lewis issues urgent message to anyone who worked from home during CovidMartin Lewis has issued important advice for anyone who worked from home during the pandemic up until April 2022 - if they act now, they could get up to £280.
Consulte Mais informação »
George RR Martin just addressed critics who say Game Of Thrones is “anti-woman”The Game Of Thrones creator addressed criticism around how women were portrayed in the HBO series, ahead of the premiere of House Of The Dragon later this month.
Consulte Mais informação »