Shell and British Gas hit record profits over past few months

It comes as there is a warning that the average household energy bill might hit around £500 in January alone

Oil giant Shell and the owner of British Gas have announced huge profits as households continue to struggle with rising energy bills.

Shell reported more than 9 billion pounds of profits between April and June, with Centrica saying operating profits rose to more than a billion pounds in the first six months of the year. It comes as there is a warning that the average household energy bill might hit around 500 pounds in January alone,

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