Chilly 2012 boosts profits for British Gas

British Gas has said its profits have risen because a colder 2012 meant people spent more on heating.

It reported profits from residential energy supply of £606m for 2012, up 11% from the previous year. It said gas consumption had risen by 12%.

But there has been some criticism that the company increased its prices in November when profits were rising.

John Moylan reports.