UK arm of EDF returns to profit as household electricity prices soar

French firm's 2022 pre-tax figure of 1.1bn in Britain relates to nuclear operations and higher energy prices

The UK arm of the French energy company EDF bounced back to profit last year, making more than 1bn, as it was boosted by the rising cost of wholesale energy, which allowed it to sell the electricity it generated at a higher price.

The firm made a pre-tax profit of 1.1bn in the UK last year, before one-off items, a recovery from a loss of 21m a year earlier.