Public ownership would mean lower energy bills and lower inflation

On the eve of the new price cap, Unite has highlighted how energy companies are making record profits while the government and industry regulator, Ofgem, stand by and do nothing to support workers and communities. Ofgem is preparing to unveil the new price cap level, which will be implemented from 1 October. While it is […]

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Centrica shareholders urged to reject CEO’s ‘obscene’ bonus

Unite has called on Centrica shareholders to reject the remuneration package for chief executive officer (CEO) Chris O’Shea at the firm’s annual general meeting on Tuesday (June 13). On top of his annual salary of £790,000, Mr O’Shea is set to receive a cash bonus of £1.42 million and a long-term share bonus of £2.3 […]

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Unite will not accept ‘jam tomorrow’

Commenting on Labour’s energy plan, which includes proposals to halt new oil and gas production in the North Sea, Unite general Secretary Sharon Graham said, “Grabbing the headlines is easy, developing a serious plan for more renewable energy is not. “When Keir Starmer decided to let the world know that he would halt new oil […]

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Unite GS blasts failure to rein in energy profiteers

Reacting to the Ofgem’s newly published price review on Wednesday (November 30) Unite has slammed the regulator’s failure to rein in rampant profiteering by energy distributors such as UK Power Networks. Unite general secretary Sharon Graham said, “Ofgem have utterly failed to protect the public from rapacious energy profiteers. This price review will allow distributors […]

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Workers to pay ‘for massive energy company profits’

Unite has slammed prime minister Liz Truss’ plan on energy bills, saying the proposal will make working people pay for energy company profits – and so for a crisis not of their own making. Truss on Thursday (September 8) announced a much-anticipated plan to tackle skyrocketing energy bills by freezing bills at £2,500 a year […]

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