Spyke
ArbitraryMary
lemmy.world

What the fuck are Ofgem doing? I thought they were meant to be regulating that shit?

11
Z3k3reply
lemmy.world

When I asked this question I was told they regulate the consumer side not the wholesale side. Until that wholesale end gets brought into touch we all fucked

8
Hossenfeffer
feddit.uk

The UK’s biggest energy supplier reported profits of £969m for the first six months of 2023, up almost 900% from £98m in the same period last year.

900% increase in profits.

6
rayquetzalcoatl
feddit.uk

But they're being forced to raise their prices! They're not price gouging and making profits! Come on, poors, cough up!

Fuckin arseholes.

2

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British Gas reports record £969m profit after price cap increase | Spyke