British Gas slammed over profits and price hikes

British Gas has been slammed by uSwtich.com for reporting massive profits just days after introducing energy price hikes across the UK.

According to the price comparison company, the energy supplier has lost any sense of balance between managing the interests of its shareholders and of its many millions of customers.

With households around the country struggling to become debt free, many have seen their finances stretched further by rising gas and electricity bills and uSwitch.com has insisted that they have the right to feel cheated by British Gas.

“Revealing huge profits only a month after hitting customers with an inflation busting price hike is like having a £571 million elephant in the living room – it was never going to go unnoticed,” said Ann Robinson, director of consumer policy at uSwitch.com.

Last week, the Department for Work and Pensions encouraged elderly Britons to insulate their homes more effectively in order to save money on their heating bills.