BP triples profits after spike in oil and gas prices

Oil and gas giant, BP today said its profits have more than trebled thanks to surging energy prices.

But – it’s a stark contrast – those same surging prices are set to push domestic energy bills to more than £3,600 per household this winter.

Poverty campaigners say the dramatic increase in the energy price cap – due to take effect in less than two months – means the government must urgently boost the cash support they are giving to consumers.