British Gas today revealed profits at its residential arm surged five-fold to £571 million last year.The news comes just weeks after the Centrica-owned provider hit around 13 million customers with double-digit energy bill hikes.
British Gas today revealed profits at its residential arm surged five-fold to £571 million last year.
The news comes just weeks after the Centrica-owned provider hit around 13 million customers with double-digit energy bill hikes.
The British Gas operating profits surge contributed to a 40 per cent leap in group-wide earnings, at £1.95 billion last year, according to Centrica.
Comments: Our rules
We want our comments to be a lively and valuable part of our community - a place where readers can debate and engage with the most important local issues. The ability to comment on our stories is a privilege, not a right, however, and that privilege may be withdrawn if it is abused or misused.
Please report any comments that break our rules.
Read the rules here