SSE set for £1.54bn energy profits

Updated
File photo dated 21/07/11 of an SSE logo at the SSE Training Centre in Perth as the energy giant said it was on course to pump up profits to ?1.54 billion this year and increase payouts to shareholders, two months after announcing a sharp hike in customer tariffs. PRESS ASSOCIATION Photo. Issue date: Thursday January 23, 2014. The announcement is likely to spark fresh anger following Labour calls for a cap on household gas and electricity bills as incomes continue to be squeezed. SSE, which trades as Southern Electric, Swalec and Scottish Hydro, raised tariffs by an average of 8.2% from November, blaming Government green levies as well as rising network costs and wholesale energy prices. See PA story CITY SSE. Photo credit should read: Andrew Milligan/PA Wire

%VIRTUAL-SkimlinksPromo%Energy giant SSE said it was on course to pump up profits to £1.54 billion this year and increase payouts to shareholders, two months after announcing a sharp hike in customer tariffs.

The announcement is likely to spark fresh anger following Labour calls for a cap on household gas and electricity bills as incomes continue to be squeezed.

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