British Gas to announce record profits
British Gas is set to announce record profits on Thursday for the second year in a row, adding to the expected £2bn profits of its parent company Centrica.
It is likely to lead to fresh outcries from consumer groups about utility prices.
It comes just weeks ahead of a decision by the energy regulator, Ofgem, on whether to refer the entire industry to the Competition Commission for a full investigation.
Jon Moylan reports.
23 Feb 2011
- From the section Business