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  • Utilita Energy profit to fall as sales slashed by £700m

    Energy

    The owner of Utilita Energy has warned its profit will fall because of an “increasing obligation to support customers with higher bills”. Luxion Group, which owns the Eastleigh-based supplier, added that its resources “continue to be stretched” despite its pre-tax profit increasing from £31.2m to £43m in the year to 31 March, 2024. Utilita Energy [...]

    The owner of Utilita Energy has said its profit will fall during its current financial year. Credit - Getty

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