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The Independent UK
The Independent UK
National
Adam Forrest

British Gas owner wants to cap profits in government deal over energy bills

AFP/Getty/EPA

Centrica is planning to voluntarily cap its profits in a deal with Liz Truss’s government to help cut Britons’ energy bills during the cost of living crisis.

The British Gas owner is keen to sign up to a plan for new, long-term contracts for its electricity generation which would mean accepting lower profits in the short term.

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