LONDON - British utility Centrica's closing net debt last year is expected to be about 2.8 billion pounds ($3.8 billion), a reduction of more than 10% on the year, the company said in a trading update on Thursday.

The company sounded a note of caution on 2021 prospects, owing to the return of tighter coronavirus restrictions in Britain and Ireland and their effect on business energy demand.

($1 = 0.7337 pounds)

(Reporting by Nina Chestney; Editing by David Goodman)

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