British Gas owner announces 3.2% rise in profits

The company increased its tariffs by six per cent in December. Credit: Lewis Whyld/PA Wire

British Gas's residential arm increased profits by 3.2% to £356 million in the first half of this year, parent company Centrica has announced.

It comes a day after French-owned energy firm EDF said its profits had risen to a record £903 million in the wake of the cold spell.

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British Gas profits up 3.2%

British Gas' residential business increased profits by 3.2% to £356 million in the first half of the year, parent company Centrica has announced.