Record Profits for British Gas in 2009

British Gas, (a part of Centrica) made record profits in 2009 of nearly £600 million. British Gas has more than half the United Kingdom residential natural gas market with 15 million customers. Executives and spin merchants at British Gas have been looking for ways to justify this level of profits over a year when the whole cost to British Gas of what they resell fell by significantly greater amounts than the price that the customer’s have to pay. Continue reading