mrcharlie Posted February 22, 2018 Share Posted February 22, 2018 (edited) Just read on the news that Centrica - the owners of British Gas are to cut 4000 jobs because they '0nly' made £1.25bn profit last year!! Down 17% on the previous year. I know business is business but £1.25bn PROFIT isn't too bad, so 4000 people will now lose their jobs. Is there no end to this Greed!! Edited February 22, 2018 by mrcharlie Link to comment Share on other sites More sharing options...
Harrystottle Posted February 22, 2018 Share Posted February 22, 2018 Apparently not. This is going to be very good news for Corbyn. Link to comment Share on other sites More sharing options...
TheNugget Posted February 22, 2018 Share Posted February 22, 2018 1.2bn profit is pretty bad on a turnover of >25bn. Low single digit %. Ultimately their share price has been tanking for a while now and they need to pick that up so need a credible plan for improving their profitability. Or would of you rather them stick their heads in the sand and do nothing and go the way of Carillion? It’s easy to knock big business business but it’s in our interests for them to do well. After all, where do you think everyone’s pensions are invested. Link to comment Share on other sites More sharing options...
ez8004 Posted February 22, 2018 Share Posted February 22, 2018 Businesses aren’t charities. Welcome to the real world. Link to comment Share on other sites More sharing options...
Calahonda Posted February 22, 2018 Share Posted February 22, 2018 Their dual fuel tarrifs are priced at circa one third above the best, folk have been switching from them in their thousands. Link to comment Share on other sites More sharing options...
Ms Macbeth Posted February 22, 2018 Share Posted February 22, 2018 As an ex British Gas employee, before and after privatisation, I was loyal to them as suppliers for years. Then I realised the difference in prices and have changed twice in the last few years to get a good deal. Link to comment Share on other sites More sharing options...
DC89216 Posted February 22, 2018 Share Posted February 22, 2018 Best of luck to those that are / have been let go. Link to comment Share on other sites More sharing options...
ANGELFIRE1 Posted February 22, 2018 Share Posted February 22, 2018 Apparently not. This is going to be very good news for Corbyn. Indulge me a little, why is it good news for St Jeremy. Angel1. Link to comment Share on other sites More sharing options...
Harrystottle Posted February 22, 2018 Share Posted February 22, 2018 Because Corbyn says that he would renationalise the utilities and that these redundancies would not happen. Link to comment Share on other sites More sharing options...
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