BP pockets mega-profits while UK shivers

As oil giant BP returns yet another quarter of bumper profits, Unite, the UK's biggest union, has called for more to be done to deliver fuel justice.

"Last week Shell reported record profits and today, as Britain is blanketed in snow, we have BP posting mind-boggling profits too," said Derek Simpson, joint general secretary of Unite.

"Hard-pressed households are fed up with the gross disparity between their struggle to pay their bills and the enormous profits banked by the oil and fuel giants.

"What people up and down the country who cannot heat their homes, or live in terror of their fuel bills, want to know is when there will be some justice in the price of energy. 

"If the companies themselves won't play fair by consumers, then the government must make them do so through a windfall tax on excessive profits."

Mr Simpson was commenting on BP's 2008 profits, which were today reported as having jumped by 39 per cent on the previous year to $25.59 billion.

ENDS

For further information, please contact Pauline Doyle on 07976 832861


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