British Gas owner Centrica records billions in annual profits over the last year

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British Gas owner Centrica records billions in annual profits over the last year
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BREAKING: As millions of Brits struggled to heat their homes, British Gas owner Centrica has revealed its profits hit £3.3billion for 2022. This is triple the huge £948million the energy giant made the year before.

British Gas owner Centrica has revealed its profits hit £3.3billion last year as millions of Brits struggled to heat their homes.

Wholesale gas costs had risen to new highs in the wake of the war in Ukraine as supplies were limited due to Russia’s war in Ukraine and the subsequent sanctions imposed on the country for its invasion. ‘The energy crisis and cost of living pressures have created a challenging environment for customers and communities, but we have been able to provide much needed stability and support.

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