British Gas bosses pocket 16m while your gas and electricity bills go through the roof

16m pay bonanza for five British Gas bosses: Windfall came just weeks after inflation-busting price increases Chief executive Sam Laidlaw is handed 5million Figures emerge in Centrica's annual report showing British Gas made 606million profitOfgem predict the average gas and electricity bill will rise to 1,420 by end of next year was 1,188 and customers have seen their prices double over the last seven years. A total of 2.5million families are estimated to live in ‘fuel poverty’, which means they have to spend more than 10 per cent of their income on their energy bill

British Gas owners face backlash after reports suggest they will announce 15% surge in profits

British Gas owners face backlash after reports suggest they will announce 15% surge in profits Parent company Centrica is about to announce profits of 2.8billionThey are also under fire over payments worth more than 10million made to departing British Gas boss, Phil Bentley The PM announced gas firms will have to simplify tariffs for customers . Profit bonanza: The parent company of British Gas faces a backlash amid reports it is to announce a 15 per cent increase in profits on the back of spiralling bills for struggling customers The company is also under fire over payments to the departing British Gas boss, Phil Bentley, who is predicted to walk away with a package of pay, shares and a pension pot together worth more than 10million.