Energy companies announce job cuts
Helia Ebrahimi
Economics Correspondent
Centrica, which owns British Gas, announces 6,000 job cuts while 6,5000 posts will got at Royal Dutch Shell.
It is a bad day for employment prospects as 6, 000 jobs are being slashed in a dramatic restructuring by Centrica – who own British Gas. And 6,500 posts will go at the oil giant Royal Dutch Shell as bosses admitted they were “planning for a prolonged downturn”.
Figures out today show their profits have slumped thanks to plummeting oil prices which have halved over the last 12 months. Here’s our business correspondent Helia Ebrahimi:
