Outlook: Get a move on Margaret Beckett
Thursday 08 January 1998
Though the merged American parent companies could obviously dispose of one or other of these British interests if that's what regulators demanded, they would certainly like to keep both of them and pool their resources. If this were allowed it would kick-start a host of other REC mergers, predicted for so long by industry insiders but resisted by the industry regulator, Stephen Littlechild at Offer.
All in all, the whole thing looks like a pretty unwelcome Christmas present for the DTI, which is already under intense pressure from Ed Wallis at PowerGen to let generators buy RECs. With pressure now mounting from the US, it is time for the government to make some difficult decisions. The sooner the DTI outlines its vision for the industry the better for all. The industry will be better able to judge whether consolidation makes commercial sense and regulators will be better placed to decide whether customers would be harmed by it. Get a move on Margaret Beckett.
- 1 Snoop Dogg and Jared Leto buy a stake in Reddit as A-list invests $50m
- 2 Prince held a Facebook Q&A and this is the only question he answered
- 3 'F*ck it, I quit': KTVA reporter Charlo Greene quits live on air in spectacular fashion
- 4 35,000 walrus gather ashore on north-west Alaska beach 'for a rest'
- 5 A teacher speaks out: 'I'm effectively being forced out of a career that I wanted to love'
Snoop Dogg and Jared Leto buy a stake in Reddit as A-list invests $50m
Prince held a Facebook Q&A and this is the only question he answered
Brad Pitt, on the moment he completely lost his temper with Clint Eastwood's son
Cheryl Cole officially the 'most dangerous celebrity' on the internet
Ebola virus in the US: What are the symptoms, what is it and is there a cure?
Exclusive: 'Putin's Russia has been my biggest regret,' says Nato's outgoing Secretary General
The Osborne Ultimatum: Chancellor’s benefits freeze bombshell will affect ten million households
There’s no excuse for Dave Lee Travis’s behaviour, but we need to keep a sense of proportion
Should gay sex be illegal? 16% of Britons think so
Mark Reckless becomes second Tory MP to defect to Ukip in a month
Benefits 'smart cards' plan revealed by Iain Duncan Smith to stop claimants spending welfare money on alcohol
- < Previous
- Next >
iJobs Money & Business
£18000 - £23000 per annum + Commission: SThree: Real Staffing are currently lo...
NEGOTIABLE: Austen Lloyd: TRUST ACCOUNTANT - KENTIf you are a Chartered Accou...
£18000 - £20000 per annum + OTE £30000: SThree: SThree are a global FTSE 250 b...
Highly Competitive Salary: Austen Lloyd: CITY - Law Costs Draftsperson - NICHE...