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.
Similar stories
Energy giants rake in half a trillion pounds out of people’s misery, campaigners warn



