Saturday 21 December 1996
French industrial production fell sharply in October for the second month in a row, providing further evidence that the economy was set to end the year on a weak note, official figures showed. Industrial production, excluding energy, dropped 0.8 per cent in October from September. Manufacturing output, which excludes energy, agri-food businesses and construction, fell 1.2 per cent month-on-month.
Offer, the electricity industry regulator, will reduce the Fossil Fuel Levy from 3.7 to 2.2 per cent from 1 April. The new rate should be sufficient to cover renewable energy commitments and the payments due to the non-privatised part of the nuclear industry, it said. Following the flotation of British Energy, the levy in respect of nuclear commitments will cease from 1 April 1998.
Premier Farnell has conditionally agreed to sell Farnell Electronic Services, its volume electronic components distribution business, to Arrow Electronics of the US for $300m (pounds 180m) cash.
Ofgas, the industry regulator, warned that there may be greater interruptions for the larger of British Gas's TransCo customers this winter. Ofgas said in a statement that British Gas TransCo had suggested that with the construction of new power stations, which burn large amounts of gas, and some delays in planned production, the demand for gas might outstrip supply, leading to increased interruptions for larger customers.
- 1 President of Argentina adopts Jewish godson to 'stop him turning into a werewolf'
- 2 ALS ice bucket challenge co-founder Corey Griffin drowns, aged 27
- 4 Sir Winston Churchill’s family begged him not to convert to Islam, letter reveals
President of Argentina adopts Jewish godson to 'stop him turning into a werewolf'
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UK weather: Warning for more snow and ice as freezing temperatures and gales hit Britain
Stoke-on-Trent becomes first British city to be classified as 'disaster resilient' by the United Nations
AirAsia flight QZ8501 missing: Search for plane carrying 162 passengers from Indonesia to Singapore suspended overnight
British actor Idris Elba cannot star as James Bond because he is black, says shock jock Rush Limbaugh
Millions of Britons struggling to feed themselves and facing malnourishment
Ukip member gets into Christmas spirit with Union Flag plea to Santa 'for our country back'
Germany anti-Islam protests: 17,000 march on Dresden against 'Islamification of the West'
Nigel Farage: Ukip leader named 'Briton of the year' by The Times
Immigrants make UK racist, says Ukip councillor Trevor Shonk
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