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Daily Record
Daily Record
Politics
Torcuil Crichton

British Gas and Shell rake in record profits in middle of cost of living crisis

Britain’s biggest oil and gas companies have scored bumper profits in the middle of the cost of living crisis which will leave families facing £3,850 average bills in January.

The energy giants faced a storm of political anger as they reported staggering profit figures.

British Gas owner Centrica announced a five-fold increase in profits to £1.3billion in first half of year while oil giants Shell had profits hitting a record of £9.4 billion.

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