EDF profit up 7.5% after bills hike

Utility giant EDF has fuelled questions over mammoth energy profits after it revealed a £1.7 billion earnings haul just two months after hitting 3.7 million British households with a hike in bills.

The French-owned supplier said UK underlying profits leapt 7.5% in 2012, but insisted its gas and electricity residential arm remained loss-making, with the performance driven instead by the generation business.
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