British Gas Results

Bluebirdman_of_Alcathays

http://www.bbc.co.uk/news/business-28579589

Profits down, bills down, and not a peep from MSE towers! Rewind 12 months.....

http://www.moneysavingexpert.com/news/utilities/2013/07/british-gas-profits-up-but-it-wont-rule-out-price-rises

https://forums.moneysavingexpert.com/discussion/comment/62691085#Comment_62691085

Andy_WSM

Aren't bills only down because we had an exceptionally mild Winter? Certainly haven't seen a drop in energy charges - despite the much lower wholesale prices this year.

People buy less energy, companies make less profit.

dippydolly

Andy_WSM wrote: »

Aren't bills only down because we had an exceptionally mild Winter? Certainly haven't seen a drop in energy charges - despite the much lower wholesale prices this year.

People buy less energy, companies make less profit.

Yes when I saw it on the TV they stated a mild winter and consequent lower usage as the reason for lower profits - Logical. However they did follow it by saying that profits this winter would be up substantially. Presumably due to higher prices, and colder winter.:j