British Gas Price Rises

UNISON national officer, Steve Bloomfield, said:

“It is very disappointing to hear of the continued losses being faced by British

Gas. These are almost totally caused by a dysfunctional energy market that

has led to the highest levels of wholesale gas price increases in living

memory.

“But the biggest losers will be low income households. Although the winter

rebates will help, this latest price hike is likely to push many families into

greater debt.

“We hope that the outcome of the Government’s recent Energy Review will

lead to a more rational energy market, based on the real situation that exists

throughout Europe and the rest of the world.

“UNISON has over the last few years co-operated with BG to strip as many

costs out of the business as possible, to ensure it remains a successful and

viable company. Efficiency initiatives over the past year will not be reflected in

the financial statistics for a few years. But, without them the company would

become vulnerable to hostile bids from other Energy Companies.

“UNISON would much prefer to see BG remain in control of its own destiny as

we believe that will be in long term interests of the many thousands of our

members employed by the company.”

ends