Skip to main content
Work with the NEU
French energy giant EDF sees British profits rocket to £1.1bn as millions struggle to pay bills

PROFITS “are being put before people,” campaigners warned today after French energy giant EDF announced soaring British profits of £1.12 billion despite millions struggling to pay their bills.

The company, which supplies gas and electricity to six million customers this side of the Channel, is the latest in a series of energy firms to benefit from global energy price spikes following Russia’s invasion of Ukraine last February.

French ministers fully nationalised EDF in October as part of plans to cap bill increases at just 4 per cent.

The 95th Anniversary Appeal
Support the Morning Star
You have reached the free limit.
Subscribe to continue reading.
Similar stories
Unite members take part in a day of action for Energy4All in
Britain / 1 April 2025
1 April 2025
Energy giants rake in half a trillion pounds out of people’s misery, campaigners warn
Protesters on Whitehall in London, as Chancellor of the Exch
Britain / 28 March 2025
28 March 2025
Government must take action, union warns: ‘We can’t go on with billionaires getting ever richer whilst working people suffer’