It is Obvious

Chris Rick has got altogether too much to say

It is too easy

Posted by chrisrick13 on July 28, 2011

It is obvious: it always needs the extra question

Today British Gas announced that it had made £270m profit, down 54% from last year.  It also announced that without the price rises it would be selling gas at a loss in the second half of this year.  In general the media people seem to judge this as a reasonable profit.

Its owner, Centrica, made £1.3bn profit.  This itself was down 19% on last year.  So this vast profit was seen as something reasonable on the other activities that Centrica carries out.  At least there was no outcry that Centrica had made too much money.

So where did Centrica make its money?  Selling gas to British Gas.

 

It is obvious: it always needs the extra question which we seldom get.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

 
%d bloggers like this: