Job losses#

Other News

Centrica chief pockets £2.42m


The chief executive of British Gas owner Centrica pocketed a £2.4 million pay packet last year, despite the firm losing hundreds of thousands of customers as it embarked on a major jobs cull.

Oil & Gas

Shell depriving ex-workers of tax breaks on redundancy pay – report


Shell will scoop up the tax breaks on redundancy payments that had been available to departing workers, a news report said yesterday. So-called foreign service relief allows UK workers who have spent parts of their careers abroad to reclaim some of the tax due on severance pay, but Shell has moved to claim the money instead, Reuters reported. According to the report, which cites internal documents from Shell, the company introduced the policy on April 1.