Utilities

Centrica, British Gas Parent, Cuts 2,300 Jobs – International Business Times

Centrica, parent company of British Gas, slashed 2,300 jobs to save £500 million ($784.9 million) on the heels of disappointing profits brought by a mild winter that cut household energy consumption. The utility saw a 30 percent drop in annual operating profit at British Gas to $819.5 million, or $78.58 per household, after winter arrived with … Continue reading →