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The Guardian - UK
The Guardian - UK
Business
Julia Kollewe

BP profits double to $6.2bn, fuelling calls for energy windfall tax

BP petrol and diesel filling station in north London
BP profits more than doubled in the first three months of 2022. Photograph: Glyn Kirk/AFP/Getty

BP’s profits more than doubled to $6.2bn (£5bn) in the first three months of the year, adding to pressure on ministers to impose a windfall tax to aid households struggling with soaring energy and fuel bills.

The energy giant reported its highest quarterly profit in more than a decade – with the figure far higher than the $4.5bn that analysts had expected.

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