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Daily Mirror
Daily Mirror
Business
Graham Hiscott & Levi Winchester & Alahna Kindred

BP profits hit £6.9BILLION in 14-year high as UK buckles under soaring energy bills

Oil giant BP tripled its profits to £6.9billion ($8.45billion) in the second quarter of this year - its highest in 14 years - as families struggle to pay their energy bills.

The figure is also the second highest in the company's history and takes first half profits to £11.9billion ($14.6billion).

BP has seen its financial performance go through the roof thanks to soaring oil and gas prices due to the war in Ukraine.

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