Thursday 19 June 1997
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.
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- 2 Keira Knightley topless: Usually conservative actress does own take on #Freethenipple campaign for Interview Magazine
- 3 Oil tanker with $100 million cargo goes missing off Texas coast
- 4 Saudi Arabia executes 19 in one half of August in 'disturbing surge of beheadings'
- 5 Brother and sister, Christopher Buckner and Timothy Savoy, arrested for 'committing incest after watching 'The Notebook''
YouTube video posted by Isis militants shows 'execution of 250 Syrian soldiers'
Keira Knightley topless: Usually conservative actress does own take on #Freethenipple campaign for Interview Magazine
Oil tanker with $100 million cargo goes missing off Texas coast
George Galloway left with severe bruising after attack in Notting Hill by man 'shouting about the Holocaust'
Brother and sister, Christopher Buckner and Timothy Savoy, arrested for 'committing incest after watching 'The Notebook''
Robin Williams Emmys tribute led by Billy Crystal criticised for including 'racist' joke about Muslim woman
The Rotherham child abuse scandal is a tale of apologists, misogyny and double standards
What do immigrants really think of Britain? Polish immigrant's Reddit post goes viral
Scottish independence TV debate: Pumped-up Alex Salmond bounces back in bruising second round against Alistair Darling
Do you realise just how foolish the UK looks?
With Douglas Carswell joining Ukip, my party has taken another giant step forward
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