European energy giant RWE has claimed it will be cutting 2,400 jobs across the continent amid a drop in profits registered by its UK arm nPower. RWE nPower's first-half profits fell by just over 9% to £251 million (?312 million) compared to the same time last year, this despite the company raising its 6.5 million British electricity and gas customer energy bills by more than 10%.
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