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British Gas owner hands investors £300m as customers face soaring bills

www.theguardian.com 10-12-2024 01:29 1 Minutes reading

Campaigners criticise Centrica, saying it has made more than £7bn in profits since start of energy bills crisis

The owner of British Gas has angered fuel poverty campaigners by offering its shareholders an extra £300m this year as millions of customers brace for rising energy bills through the winter.

Centrica expects to buy back shares worth £300m before September, meaning it will have repurchased £1.5bn in shares since November last year – equivalent to a fifth of the company’s total market value.

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IT technician Joe Mezgebe arrived at unfair dismissal hearing to find no judge available – for the second time

A disabled man with prostate cancer has had his employment tribunal for unfair dismissal postponed the day before it was due to take place because a judge was not available – 13 months after exactly the same thing happened.

Joe Mezgebe, an IT technician, who first presented his claim against Christ’s College, Finchley academy in June 2021, has lost £15,300 in fees to his barrister as a result of the cancellations, and fears he may not live to see justice done.

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