This article is from the source 'bbc' and was first published or seen on . It will not be checked again for changes.

You can find the current article at its original source at http://news.bbc.co.uk/go/rss/-/1/hi/business/8535850.stm

The article has changed 36 times. There is an RSS feed of changes available.

Version 2 Version 3
British Gas profits jump by 58% British Gas profit at record high
(30 minutes later)
Operating profits at British Gas jumped by 58% in 2009 to a record high, its parent company Centrica has said.Operating profits at British Gas jumped by 58% in 2009 to a record high, its parent company Centrica has said.
British Gas's residential energy arm saw its operating profit climb to £595m last year from £376m in 2008. That beat the previous high of £573m in 2007. British Gas's residential energy arm saw its operating profit climb to £595m last year from £376m in 2008, beating the previous high of £573m in 2007.
The announcement comes just days after energy regulator Ofgem reported that energy firms' profit margins had risen in recent months.The announcement comes just days after energy regulator Ofgem reported that energy firms' profit margins had risen in recent months.
Earlier this month, British Gas said it was cutting its gas prices by 7%.Earlier this month, British Gas said it was cutting its gas prices by 7%.
Adjusted operating profit at Centrica fell 7% to £1.86bn.Adjusted operating profit at Centrica fell 7% to £1.86bn.
Centrica chief executive Sam Laidlaw said British Gas's profit margin was about 8% for 2009 and the firm was aiming for margin of about 7% this year. Centrica chief executive Sam Laidlaw said British Gas's profit margin had been about 8% for 2009 and the company was aiming for about 7% this year.
The group also said that British Gas would create 1,100 new jobs in 2010. The group also said British Gas would create 1,100 jobs in 2010.