No more job cuts at British Gas as chief exec leaves, says UNISON

Reducing dividend instead of staff is positive move

Commenting on today’s announcement of a change of strategy at British Gas parent company Centrica and the departure of chief executive Iain Conn, UNISON national officer for energy Matt Lay said:

“Iain Conn cannot solely be blamed for the company’s present challenges, but if the business is to move forward, it is right for him to stand down

“The company can’t continue to axe thousands of front-line staff to make savings, so the cut in dividend is welcome to allow more investment for the future and to strengthen the balance sheet.

“Although the outlook looks better for the second half of the year, UNISON remains concerned for thousands of British Gas employees, many of whom are members.”

Notes to editors:
– UNISON is the UK’s largest union, with more than 1.3 million members providing public services – in education, local government, the NHS, police service and energy. They are employed in both the public and private sectors.

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