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Wednesday, Mar 04th

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You are here News Energy Outrage as energy boss pockets £10m pay package while families struggle with their bills

Outrage as energy boss pockets £10m pay package while families struggle with their bills

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Centrica boss Sam LaidlawThe boss of British Gas owner Centrica scooped a £10million package last year despite plunging millions of families into misery with inflation-busting hikes in bills.

Sam Laidlaw, chief executive of Centrica, received a windfall large enough to pay the average family’s energy bill for the next 7,500 years.

During 2011, Mr Laidlaw received heating discounts worth almost £700 from Centrica – more than half the average family bill.

This valuable concession came as an estimated 12million people, many of whom are pensioners, were classed as being in fuel poverty – where they face a choice between heating and eating. Consumer groups last night criticised his pay package.

TVNL Comment: Remember when energy companies were considered "public" utilities? They were stolen from the people, mostly by the right wing...and now are used to steal all our wealth.

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