[arista]

[Centrica, the company that
owns British Gas,
has reported record profits for
the 2022 financial year.
Operating profits of £3.3bn were recorded
at the company, up from £948m in 2021,
and surpassing the previous highest
ever yearly profit of £2.7bn, posted in 2012.

Profit at the oil and gas producer has been
helped by high energy prices. 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.

As political pressure rose to tackle
all time high profits Centrica became
subject to the 45% windfall tax
on electricity generators.

British Gas came under
intense criticism after an investigation
revealed debt collectors working
on behalf of the company forced
their way into homes of
vulnerable customers,
including people with disabilities.]


https://news.sky.com/story/profits-t...mpany-12812171