British Aerospace and Lockheed Martin confirmed yesterday they were teaming up to bid for the US Joint Strike Fighter warplane contract, the world's largest military order. BAe had rejected joining the rival bid by Boeing for the fighter, which is due to enter service in 2008. The UK group said it would work in partnership with Lockheed on a $718.8m contract to produce two concept demonstration aircraft.

United Utilities yesterday announced a venture to expand into the national gas and electricity markets when domestic competition starts next year. The new company, called ENERGi, includes Vertex Data Science and BCN Data System. United, which includes the Norweb regional power business, said it was in the final stages of securing partnerships with UK generators.

The National Consumer Council has attacked electricity takeovers, arguing they have not led to price cuts for millions of domestic customers. In a report today the council criticises Offer, the electricity watchdog, and calls for charges to redress the balance between shareholders and consumers.

Sutcliffe Speakman, the carbon and solvents manufacturer, has finally cleared the decks of "excess" board members following its merger with Banner, the solvents distributor, more than 18 months ago. David Martin, who joined Sutcliffe as chief executive just prior to the merger and became deputy chief executive, resigned yesterday. He was on a two-year rolling contract and earned pounds 129,000 last year including benefits. Investment column, page 24

Jurek Piasecki, chief executive of Goldsmiths, the jewellery group, netted pounds 1.4m yesterday when he sold 400,000 shares at 345p. Mr Piasecki intends to use the proceeds to repay personal borrowings.

Start your day with The Independent, sign up for daily news emails
ebooksAn unforgettable anthology of contemporary reportage
Latest stories from i100
Have you tried new the Independent Digital Edition apps?
Independent Dating

By clicking 'Search' you
are agreeing to our
Terms of Use.

iJobs Job Widget
iJobs Money & Business

Recruitment Genius: Digital Optimisation Executive - Marketing

£30000 - £35000 per annum: Recruitment Genius: The UK's fastest growing, multi...

Recruitment Genius: Financial Reporting Manager

£70000 - £90000 per annum: Recruitment Genius: A Financial Reporting Manager i...

Recruitment Genius: Payments Operations Assistant

£23000 - £25000 per annum: Recruitment Genius: They win lots of awards for the...

Recruitment Genius: Telephone Debt Negotiator

£13500 - £20000 per annum: Recruitment Genius: This nationwide enforcement com...

Day In a Page

On your feet! Spending at least two hours a day standing reduces the risk of heart attacks, cancer and diabetes, according to new research

On your feet!

Spending half the day standing 'reduces risk of heart attacks and cancer'
Liverpool close in on Milner signing

Liverpool close in on Milner signing

Reds baulk at Christian Benteke £32.5m release clause
With scores of surgeries closing, what hope is there for the David Cameron's promise of 5,000 more GPs and a 24/7 NHS?

The big NHS question

Why are there so few new GPs when so many want to study medicine?
Big knickers are back: Thongs ain't what they used to be

Thongs ain't what they used to be

Big knickers are back
Thurston Moore interview

Thurston Moore interview

On living in London, Sonic Youth and musical memoirs
In full bloom

In full bloom

Floral print womenswear
From leading man to Elephant Man, Bradley Cooper is terrific

From leading man to Elephant Man

Bradley Cooper is terrific
In this the person to restore our trust in the banks?

In this the person to restore our trust in the banks?

Dame Colette Bowe - interview
When do the creative juices dry up?

When do the creative juices dry up?

David Lodge thinks he knows
The 'Cher moment' happening across fashion just now

Fashion's Cher moment

Ageing beauty will always be more classy than all that booty
Thousands of teenage girls enduring debilitating illnesses after routine school cancer vaccination

Health fears over school cancer jab

Shock new Freedom of Information figures show how thousands of girls have suffered serious symptoms after routine HPV injection
Fifa President Sepp Blatter warns his opponents: 'I forgive everyone, but I don't forget'

'I forgive everyone, but I don't forget'

Fifa president Sepp Blatter issues defiant warning to opponents
Extreme summer temperatures will soon cause deaths of up to 1,700 more Britons a year, says government report

Weather warning

Extreme summer temperatures will soon cause deaths of up to 1,700 more Britons a year, says government report
LSD: Speaking to volunteer users of the drug as trials get underway to see if it cures depression and addiction

High hopes for LSD

Meet the volunteer users helping to see if it cures depression and addiction
German soldier who died fighting for UK in Battle of Waterloo should be removed from museum display and given dignified funeral, say historians

Saving Private Brandt

A Belgian museum's display of the skeleton of a soldier killed at Waterloo prompts calls for him to be given a dignified funeral