Glasgow charities have reacted with fury to news of record profits from energy giant BP as city residents told how soaring energy costs have forced them to lose their homes.
, Scotland's tenants union, so that together we can fight for the protections our communities badly need."
Audrey Flannagan, who runs Glasgow South East Foodbank, said the news of vast profits was"appalling" for ordinary people paying energy bills. "Anybody with a conscience at all would feel ashamed of the current situation we find ourselves in, not just in the UK but globally. A spokeswoman for BP said it would pay £1.9bn in UK tax in 2022, after it added an $800m charge on Tuesday to account for the energy profits levy.
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BP reports highest quarterly profit in 14 years\n\t\t\tExpert insights, analysis and smart data help you cut through the noise to spot trends,\n\t\t\trisks and opportunities.\n\t\t\n\t\tJoin over 300,000 Finance professionals who already subscribe to the FT.
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BP reports highest quarterly profit in 14 years\n\t\t\tExpert insights, analysis and smart data help you cut through the noise to spot trends,\n\t\t\trisks and opportunities.\n\t\t\n\t\tJoin over 300,000 Finance professionals who already subscribe to the FT.
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