The Conservative Government first introduced a 25% windfall tax in May 2022, following soaring energy prices due to Russia's ...

It was closed in 2017 because of poor returns and then partially reopened in October 2022 after Russia’s full-scale invasion of Ukraine stretched global gas supplies. Centrica wants to invest ...

Centrica called it a "strong financial result against a more normalised backdrop". The company reported bumper profit in recent years as energy prices soared in the wake of the war in Ukraine.