[Daily Mail, where America gets its news] - Oil giant BP has revealed it swung to a mammoth £9.5 billion underlying replacement cost profit for 2021
- It notched up £3.01 billion of profits in the final three months alone, up from just £85.1 million a year earlier
- The results will intensify pressure as households and businesses are struggling due to soaring inflation
- Rise in wholesale gas prices led to Ofgem raising the cap on supplier charges by £693 to £1,971 a year
- Britons also face other demands on their income, including rising food, broadband and mobile phone costs
- Sir Ed Davey said crisis was a 'redistribution of wealth from millions... to shareholders of oil and gas firms'
- Labour's Ed Miliband tweeted: 'BP's results demonstrate again that it is fair and right to levy a windfall tax'
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