British Gas owner are set to post “significantly higher” profits for the first half of the year in their household energy business.
This comes after millions of households were paying over the odds for their energy bills which was sparked by the war in Ukraine after Russia invaded.
In a statement, the firm said, “As always, uncertainties remain over the balance of the year, including the impacts of weather, commodity prices, the economic environment, any changes to regulation or Government policy, asset performance and the competitive backdrop for our energy supply businesses.
“This results in a range of possible outcomes for the full year.”
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