British Gas reports record £969m profit after price cap increase

First-half results will anger consumer groups that have campaigned over treatment of vulnerable customers

British Gas has reported its highest ever first-half profits, of almost 1bn, after the energy watchdog let it claw back more money from household bills.

The UK's biggest energy supplier reported profits of 969m for the first six months of 2023, up nearly 900% from 98m in the same period last year.