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.
Sales of the tablet are set to fall again say analysts
World's most lethal spider found under a bunch of bananas
Rumours that the star wants to move on to pastures new
Comedian says he 'never laughed as hard as I have writing with Rik'
- 1 Jack the Ripper: Scientist who claims to have identified notorious killer has 'made serious DNA error'
- 2 Ebola outbreak: What is bushmeat – and is it to blame for the disease that has killed thousands?
- 3 Star Wars memorabilia called a 'bit of plastic' on Antiques Roadshow by Fiona Bruce valued at £50,000
- 4 Meet Thea, Norway's 12-year-old child bride
- 5 Russell Brand might seem like a sexy revolutionary worth getting behind, but he will only fail his fans
Kobani: Fifteen-year-old boy taken captive with suspected jihadist 'shot in the head by militant group' fighting against Isis
Ebola outbreak: What is bushmeat – and is it to blame for the disease that has killed thousands?
Isis fighters 'crucify' 17-year-old boy in Syria
Oscar Pistorius sentencing: Olympic star must serve 10 years, prosecutor urges
Kentucky gang rape: 15-year-old boy left in critical condition after sexual attack by group at party
Cameron is warned 'no possibility' of UK reducing immigration and that bid to bring in quota on migrant workers would be illegal
Sorry Judy Finnigan – Ched Evans is no less sickening than an alleyway rapist
Residents should throw a street party and mix with immigrant neighbours, councils told
Workers 'could be forced to pay £5 a week' to get benefits
Russell Brand threatened with arrest after filming outside Fox News headquarters
Amal Alamuddin calls for the return of the Elgin Marbles from Britain: 'Injustice has persisted for too long'
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