British Gas Loses 400,000 Customers In Six Months
This is a duplicate of the Blog Entry made on: 29th July 2016 16:11
This is a duplicate of the Blog Entry made on: 29th July 2016 16:11
Operating profits at British Gas owner Centrica drop 7%, with analysts blaming it for not passing on wholesale price cuts. Profits have fallen at Centrica, which owns British Gas, after almost 400,000 customers switched energy suppliers over the past six months.Operating profit at Centrica's UK Home arm dropped by 7% whilst the company's totally revenue fell by 13% to £13.3bn. Describing the first six months of the year as "challenging," CEO Ian Conn remains optimistic. Source