The Campaign for Public Ownership condemns the decision of British Gas to hike gas prices by a record 35%.
The price increases come just six months after the company increased its dual fuel bills by 16 per cent.
While Centrica customers have been hit by a 44 per cent increase in their bills this year, the company's shareholders have suffered far less, with its shares dipping by less than 10 per cent since the start of the year.
And today, to rub salt into the wound, Centrica plc, the parent company of British Gas, will announce profits of £992m.
British Gas is profiteering, pure and simple. The appropriate response from the government is not greater regulation as some have called for, or a one-off windfall tax, but to end the profiteering once and for all by taking our utilities back into public ownership.