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.
Emergency call 'started off dumb, but got pretty serious'
Argentinian scored 'rabona' wonder goal for Tottenham in Europa League – see it here
- 1 This 'woman calls police to order pizza' story isn't going where you're expecting
- 2 Watch what happened when food critics were unknowingly served McDonald's
- 3 Jimmy Carr's controversial Oscar Pistorius joke goes a bit too far at the Q Awards
- 4 Ottawa shootings: Bruce MacKinnon's cartoon is the perfect tribute to soldier Nathan Cirillo
- 5 Of course, teenage girls need role models – but not like beauty vlogger Zoella
Isis releases first video showing the stoning of woman accused of committing adultery as her father shouts 'don't call me Dad'
FCKH8: Provocative anti-sexism video showing young girls swearing reinstated by YouTube
Diwali: What is the festival of lights – and how is it celebrated around the world?
Jimmy Carr's controversial Oscar Pistorius joke goes a bit too far at the Q Awards
Ottawa shootings: Bruce MacKinnon's cartoon is the perfect tribute to soldier Nathan Cirillo
Of course, teenage girls need role models – but not like beauty vlogger Zoella
Cameron is warned 'no possibility' of UK reducing immigration and that bid to bring in quota on migrant workers would be illegal
Support for EU membership 'at highest level since 1991' with most Brits wanting to stay 'in'
Thousands with degenerative conditions classified as 'fit to work in future' – despite no possibility of improvement
Residents should throw a street party and mix with immigrant neighbours, councils told
London bus driver 'kicks gay couple off for kissing'
iJobs Money & Business
£50000 - £90000 per annum + benefits: Ampersand Consulting LLP: Markit EDM (CA...
Competitive (DOE): Guru Careers: A COO / Chief Operating Officer is needed to ...
£350 - £360 per day: Ashdown Group: SQL Developer with T-SQL, Watford, Hertfor...
120-150k: Accountancy Action: We are looking for an experienced CFO from a min...