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The Independent UK
The Independent UK
National
Simon Murphy

Revealed: Big Six energy firms banked more than £7bn profit in last five years

Getty/iStock

Britain’s big six energy firms have banked more than £7bn in operating profit in just five years, it can be revealed, as the country’s poorest households struggle to pay soaring gas and electric bills.

The energy price cap, the maximum amount a utility company can charge a customer each year, is set to rise by 54 per cent, meaning suppliers can pass on rising costs to consumers.

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