Commenting on soaring profits posted by Centrica and Shell today, TUC General Secretary Frances O’Grady said:

“These eye-watering profits are an insult to the millions of working people struggling to get by because of soaring energy bills.”

Energy bills are rising 23 times faster than wages. We need to hold down profits and boost wages. Working people are facing the longest and harshest wage squeeze in modern history.

“It’s time working people got their fair share of the wealth they create, starting with real action to bring bills down.”