Published 1 year ago

British Gas owner Centrica sees profits soar as energy bills rise

Summary by Ground News

British Gas owner Centrica has posted huge profits after energy prices soared last year. Centrica's full-year profits hit £3.3bn for 2022, more than triple the £948m it made the year before. Energy firms have seen record earnings since oil and gas prices jumped following Russia's invasion of Ukraine.

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BBC News

Too early to discuss bonus, says British Gas boss

Chris O'Shea's comments come after the energy company's owner Centrica saw its profits triple.

1 year ago·United Kingdom

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The Guardian

Centrica boss refuses to say if he will waive bonus after ‘obscene’ £3.3bn profit

Chris O’Shea urged to ‘look at his conscience’ amid cost of living crisis and prepayment meter scandal

1 year ago·London, United Kingdom

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The Independent

British Gas owner Centrica sees record profits of £3.3bn as energy bills rise

Centrica said it made operating profits of £72m at its British Gas retail division, British Gas Energy, but this was down 39 per cent on the year before

1 year ago·London, United Kingdom

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Reuters

Centrica's 2022 profit jumps on high energy prices, volumes

British energy supplier Centrica said on Thursday its annual profit more than tripled, underpinned by high energy prices and robust volumes from its electricity generation and gas production units.

1 year ago·United Kingdom

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Daily Express

British Gas owner Centrica reports record £2.8bn profits

Centrica's profits have tripled for the 2022 financial year as Britons struggle to pay sky-high energy bills.

1 year ago·United Kingdom

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Daily Mirror

British Gas owner sees profits triple to £3.3billion as energy bills soar

The eye-watering £3.3billion profit is triple the massive £948million the energy giant made the year before - and surpasses the previous highest ever yearly profit of £2.7billion in 2012

1 year ago·London, United Kingdom

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