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Centrica lays out plans to slash investments
Boss announces plans to close two Lincolnshire power stations

BRITISH Gas owner Centrica unveiled plans yesterday to slash power infrastructure investment after a “very difficult” 2014 saw profits drop to £3,327 per minute.

Full-year figures saw Centrica rack up £1.75 billion and hand out £867 million to shareholders.

But with profits 35 per cent down on 2013 boss Iain Conn announced plans to close two Lincolnshire power stations and slash investment.

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