Energy profits hit £23BILLION as households brace for higher bills
George Mihalcea
Energy firms posted over £23.1billion in profit in 2025 as UK households brace for higher bills this summer. This is up from £22.7billion in 2024, according to new analysis by End Fuel Poverty Coalition - but does not take into returns generated by the Iran war. Oil giant BP has already said it expects to report an “exceptional” performance in the first three months of the year, while Shell is anticipating “significantly higher” profits. BP will post its next results on Tuesday, with Shell
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