British Gas results show energy supply still a ‘tough business’

Reaction to Centrica's bumper profits has been mixed, with analyst Martin Young telling Utility Week that despite the media's obsession with spike profits, in this case "that profitability is not coming from individuals in this country" and that they show UK energy retail remains "a tough business to be in". Despite this, charities, trade unions and green groups have lined up to attack the "obscene" profits reported by Centrica in the middle of a cost of living crisis.

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