July 2, 2025
Business EDF Energy Energy industry europe France news Nuclear power UK news

UK arm of EDF returns to profit as household electricity prices soar

UK arm of EDF returns to profit as household electricity prices soar

French firm’s 2022 pre-tax figure of £1.1bn in Britain relates to nuclear operations and higher energy prices

The UK arm of the French energy company EDF bounced back to profit last year, making more than £1bn, as it was boosted by the rising cost of wholesale energy, which allowed it to sell the electricity it generated at a higher price.

The firm made a pre-tax profit of £1.1bn in the UK last year, before one-off items, a recovery from a loss of £21m a year earlier.

Continue reading…

Related posts

Russia-Ukraine war at a glance: what we know on day 280 of the invasion

TheWorldsNews

No longer the prime minister’s man, David Frost has unfinished business

TheWorldsNews

Russia-Ukraine war live: public support in Russia for military campaign ‘falling significantly’, says UK

TheWorldsNews

Pin It on Pinterest

Share This