Scaling back of energy company’s business comes despite a doubling in profits at residential power supply business

Centrica is to cut 6,000 jobs, slash gas exploration and sell off its wind farms in a dramatic restructuring ordered by its new boss and former BP executive, Iain Conn.

The move comes despite a doubling in profits at its British Gas residential power supply business in the first half of the year despite a further 45,000 customers being lost to rivals along the way.

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Source: The Guardian Circular Economy RSS