‘The energy industry is taking us for April fools’
Energy giants rake in half a trillion pounds out of people’s misery, campaigners warn
Unite members take part in a day of action for Energy4All in Bradford, April 1, 2025
[Neil Terry Photography]
GREEDY energy giants have raked in half a trillion pounds in profits since 2020, according to new data released today.
The End Fuel Poverty Coalition examined the accounts of 20 firms that produce, supply and distribute energy, and discovered that they pocketed more than £514 billion over the last five years.
Among the top earners were oil titans Equinor and Shell, which saw their profits swell to £140bn and £91.6bn while millions of people struggled with soaring costs.
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