British Gas owner's profits increase five-fold to £1.3b as energy bills soar

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British Gas owner's profits increase five-fold to £1.3b as energy bills soar
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British Gas owner Centrica's operating profits increased five-fold to £1.3 billion as energy bills soar

Meanwhile there are concerns energy bills could increase to almost £4,000 this winter, partly due to Russia strangling the flow of gas to Europe.

The average household's energy bill might hit around £500 in January alone, with the cap on bills expected to hit £3,850 between January and April next year - hundreds of pounds more than previous predictions.

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