ANGUS MACDONALD BACKS MOTION CONDEMNING GAS COMPANY PROFITEERING
Tuesday, 31 July 2012 08:46
SNP MSP for Falkirk East, Angus MacDonald has backed a motion condemning British Gas owner's Centrica for excessive profiteering. Commenting after signing the motion Angus MacDonald said:
"It is clearly obscene that Centrica are making profits of £1.9 million per day when households in Falkirk district and the rest of the country are struggling to make ends meet. Scottish Gas bills are now some £200 more per annum than they were two years ago and these price hikes are allowing Centrica to profiteer on a massive scale.
"It is particularly galling that Scotland, which is so rich in oil and gas reserves, has to pay such high prices for household fuel. It is time for the regulators to step in and ensure that people pay fair prices for gas and to stop the gas companies making excessive profits."