British Gas Profit Rise 98% - But what about your profit? Can you afford to pay more on your gas?

British Gas made operating profits of £585m for the first half of 2010, up 98% on the same period last year. The company, which supplies gas to more than half of the country's households, won new customers and benefited from the cold winter. However, watchdog Consumer Focus said such a jump in profits would "sound alarm bells".
 
British Gas's managing director, Phil Bentley, said that prices would have to rise, but over a longer time frame: "Probably unit prices per unit will go up. We're not saying over the next year, but in the long term, it absolutely will."

To find out how could you save money on your gas bills and electricity bill call IPA on 01372 466966 or email: enquiries@ipapurchasing.co.uk

< Back to news index