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British Gas has announced its profits for 2023 increased 10-fold to £750m. The supplier said the jump from £72m in 2022 was due to regulator Ofgem allowing it to recover losses of £500m it...
Feb 15, 2024 · British Gas Energy was loss making in the second half and profit is down from the £969m reported at interims.” Overall the Centrica group made a profit of £2.8bn after tax down from £3.3bn in...
Jul 22, 2021 · Adjusted operating profit at British Gas, the jewel in the crown of the FTSE 250 business Centrica, jumped to £172m in the six months to June 30, up from £78m a year ago despite losing...
Apr 9, 2015 · We look at the key issues. Why is Shell buying BG? All big oil companies face a struggle to replace their existing production with new reserves. But as oil prices (and share prices) have fallen,...
Feb 6, 2024 · Getty Images. Energy giant BP has reported its second highest annual profit in a decade, despite it being half the level it announced in the previous year. Profits were $13.8bn (£11bn) in 2023,...
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Feb 16, 2023 · Alamy. The boss of British Gas owner Centrica has refused to be drawn on whether he will take a bonus worth up to £1.6m after the company posted huge profits. Chris O'Shea said it was "too...
