UK energy giant Centrica triples profits after energy prices soar – BBC News

British Gas owner Centrica has posted huge profits after oil and gas prices soared last year, sparking renewed calls for energy firms to pay more tax.

Its profits hit £3.3bn for 2022, more than triple the £948m it made in 2021.

Energy firms have seen record profits since oil and gas prices jumped following Russia’s invasion of Ukraine.

As many households struggle with the cost of living crisis, energy companies are facing huge pressure to pay more tax in the UK on their profits.

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