Business News: British Gas Owner Cuts 800 Jobs In Three Months

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The owner of British Gas, Centrica, has cut 800 jobs in the first three months of the year.The cull forms part of the 3,000 job-cuts Centrica had already scheduled for 2016.
The company is in the midst of a cost-cutting programme and last summer announced it would be slashing 6,000 jobs in an attempt to save £750m a year.
The company’s debt fell to £4.4bn in the January to March period.
It expects full year operating cash flow to be “in excess” of £2bn; last year it was £2.3bn.

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