British Gas profits leap from £72m to £751m in a year

Unite union says UK energy supplier’s bumper results ‘come off the back of exorbitant energy bills’

Annual profits at British Gas have soared nearly tenfold after trying to recoup costs from the energy crisis, while its parent company announced another £144m payout to shareholders.

Centrica released figures on Thursday showing that British Gas, which supplies energy to UK households and businesses, showed its profits jumped to £751m in 2023, up from £72m a year earlier.