The Anglo-Dutch giant Shell today reported the biggest-ever profits by a UK company, revealing that it had made $17.5bn (£9.3bn) – or £25m a day – last year, despite being plagued by a reserves scandal.

Thanks to soaring oil prices, Shell’s profits, up by 38% from the year before, beat the previous UK record of £7.7bn, which was set by the HSBC bank.
Full Article: guardian.co.uk

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