britain s largest energy supplier, centrica, is to reveal record profits today on the back of a surge in wholesale gas prices linked to the war in ukraine, just weeks after suspending the forced installation of prepayment meters over concerns of its treatment of vulnerable customers. many families are struggling to pay their energy bills, with a quarter losing sleep over it. centrica s boss chris o shea has been urged to waive his bonus. kathryn porter is an energy consultant and founder of watt logic. by by any one s numbers, £3 billion, it is a huge amount of money and it s going to mean a huge amount of criticism today as well from people across the board. is centrica profiteering in your view? board. is centrica profiteering in your view? no, i don t think the are in your view? no, i don t think they are profiteering, - in your view? no, i don t think they are profiteering, the - they are profiteering, the record profits are driven by its upstream business, production o
immediately in terms of dealing with mitigation, adaptation, and other methods of ensuring that we are in full control, or as much as possible, in enabling the staving off of something that might be inevitable but we know that if we act properly, we can save. thank you. before i go, the markets. wall street s top regulator has proposed toughening safeguards around investors assets after the collapse of several high profile crypto companies last year revealed that customer funds were not as safe as had been advertised. the us securities and exchange commission on wednesday agreed to propose rules that would force investment advisers to secure all the client assets that they manage including so called alternatives, such as cryptocurrencies and art, with qualified custodians.