British Gas Profits 600% Higher Than Last Year

British Gas, having recently come under fire for raising gas and electricity priced by 15%, has reported annual profits of £571m up from the previous year's £95m. It's parent company, Centrica, also reported a 40% rise in it's profits to £1.95bn.

Chairman Roger Carr said: "Centrica delivered very strong financial results during another challenging year for UK energy retailers."

The average gas bill for British Gas customers has risen by 76.7% since 2003 - bringing them up to an average of £653. Electricity bills have risen by 74.3% to £413.

Source: news.bbc.com