British Gas owner said the cuts are part of an ongoing transformation programme as investment continues in projects including the Sizewell C nuclear power plant.
Centrica, the owner of British Gas, said it is cutting about 1,300 jobs as part of an ongoing transformation programme. The energy company is reshaping its business while continuing to invest heavily in nuclear energy projects such as the Sizewell C nuclear power plant. It also reported an 18% drop in adjusted core profit for the six months to June 30, citing the impact of Spirit Energy asset disposals and production outages, while unfavourable weather and weak market conditions weighed on margins.