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0.0443037974683545 0.0443037974683545 0.0443037974683545 0.0379746835443038 0.0379746835443038 0.0253164556962026 0.0443037974683545 0.0253164556962026
Stock impact report

Centrica's British Gas to furlough 3,800 employees [Reuters]

CENTRICA PLC S/ADR (CPYYY) 
NASDAQ:AMEX Investor Relations: centrica.com/investors
Company Research Source: Reuters
Centrica's British Gas to furlough 3,800 employees LONDON (Reuters) - Britain’s largest energy supplier British Gas will furlough around 3,800 employees as the coronavirus pandemic forces the company to scale back operations, parent Centrica said on Wednesday. The government has ordered sweeping measures to fight the spread of the coronavirus, shutting down much of the economy and asking people to stay inside and avoid non-essential travel. Centrica employs 20,000 people in Britain. “We’ve had to scale back some of our operations to focus on emergency work only and looking after our vulnerable customers,” a spokeswoman said. “In the short term we are placing some colleagues, who we can’t redeploy to emergency or vulnerable operations, into furlough to protect jobs and our business. They will receive 100% of their regular salary,” she said. Under a government scheme, furloughed staff can receive 80% of their salary. Centrica said it will top up the remaining 20% for its furloughed staf Show less Read more
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