British Gas boss gets £1.6m bonus. Whoever said ‘the wages of sin are death’ was wrong

Last Updated: January 22, 2024By Tags: , , , , , , , ,

Money to burn: British Gas.

Why is a utility provider making a 1,000 per cent increase in profits?

It’s inflationary, it’s impoverishing customers… it should be illegal.

No firm of this kind should make profits above a certain – very low – percentage. A huge increase indicates a fault in the company’s pricing system – probably fuelled by greed and opportunism.

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This creep should be in prison, not in clover.


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5 Comments

  1. Rosie January 22, 2024 at 10:21 pm - Reply

    I am a bit confused. Didn’t this happen early last year?

  2. JamieDR January 23, 2024 at 7:04 am - Reply

    The title of the article is misleading; quoting a 1.6bn (billion) bonus, whereas the report says 1.6m. Please fix this.

    Either way, even if it was 160k, it’s still wrong – millions in fuel poverty and these greedy … companies … making record profits.

  3. stewart hendry January 23, 2024 at 11:09 am - Reply

    His actual bonus is £3.7m. still scandalous but nowhere near £1.6bn

  4. James January 23, 2024 at 9:38 pm - Reply

    Headline: “British Gas boss gets £1.6bn bonus. Whoever said ‘the wages of sin are death’ was wrong” – to be accurate, it was £1.6 million, not £1.6 billion. Still sickening. NO-ONE is worth anywhere near that kind of money. 100% tax on anything over 10x the lowest paid employee’s wages/salary! Sounds fair to me, and that, or something like it, was more or less accepted not THAT long ago!

    • Mike Sivier January 25, 2024 at 12:57 pm - Reply

      What a place to put a typo! Yes – £1.6m, not £1.6bn.

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