News

Outlook Now just how does that saying go about sinking ships and desertion?

Market Report: Speedy Hire shares take a dive

Speedy Hire shares collapsed on Friday following Thursday night’s revelation that chief executive Steve Corcoran was out the door after accounting irregularities were revealed.

Jim Armitage: Neat wriggle, and megaprofits for megawatts can continue

Outlook Didn't they do well? Energy companies have long loathed the green levies, mostly put on them by the previous government.

'Decisions on energy go beyond the life of any Parliament,' says Steve Holliday

Steve Holliday: Playing the power game for Britain

The National Grid's chief executive talks to James Ashton about how to keep the lights on this winter… and plan for the future

Energy switchers boost website

Higher energy prices have not damaged everyone's household finances: those with shares in the websites advising people on switching to other suppliers are making big profits.

London Mayor Boris Johnson’s ambitions to build an airport in the Thames Estuary has been dealt a major blow by Centrica’s £4.4bn deal

Centrica's gas deal may scupper Boris Johnson's plans for Thames Estuary airport

British Gas owner's £4.4bn LNG contract makes Mayor's plans 'unworkable'

Jim Armitage: A chance for Boris Island to go bang once and for all

Outlook Say what you like about Boris Johnson, his survival skills in the political jungle make fellow Old Etonian Bear Grylls look a wimp.

The chief executive of Energy UK is former Conservative MP Angela Knight

The facts of the 'cosy' relationship between the 'Big Six' energy giants and David Cameron

Labour figures reveal that the combined profits of the “Big Six” power companies – SSE, Scottish Power, npower, EDF, Eon and British Gas – came to £3.37bn in 2012, up 73 per cent in just three years. Household bills are expected to rise a further 8 per cent this winter, sending average heating and lighting costs to around £1,400.

Haythornthwaite gets Centrica chair

Former Network Rail chairman Rick Haythornthwaite has been confirmed as the new chairman of British Gas-owner Centrica, ahead of expected energy bill increases of around £100.

The Business Matrix: Saturday 4 October 2013

Harris returns to run Carpetright

Peter Mandelson, who this week said energy price freeze plans would be a 'step back for the party'

Labour power-bill freeze ‘will help two million firms’... but Coalition – and Lord Mandelson – are no fans of Ed Miliband's pledge

Former Labour business secretary says proposal to restrict bills for 20 months could undo years of his work under Blair and Brown

Market Report: Fear of price freeze dulls energy shares

The plug was pulled out from energy shares yesterday after the market decided comments from Labour leader Ed Miliband could be disastrous for the utilities sector.

Centrica fuels fears that UK is running out of gas

The Government was accused of playing fast and loose with Britain’s energy security last night after Centrica finally lost patience with its refusal to offer subsidies to bolster the country’s gas supplies and pulled out of a deal to build two major new storage projects.

Costain order book jumps 20 per cent to a record £2.9bn

Civil engineering firm boosted by new contracts ranging from Crossrail to Thames Water's upgrading of mains system

James Ashton: Smart-meter plans aren't looking so bright

Outlook The companies queuing up for a slice of work from the Government's grand plan to put a smart energy meter in every home have been waiting for a verdict longer than most homeowners used to have to hang around for the meter reader to knock on their door.

European slump hits E.ON despite UK price rise

After hitting British households that needed the heating over the long, cold winter with price hikes of up to 9.4%, German energy giant E.ON today showed how much it cashed in, with UK revenues rising 9% to £4.4 billion for just the first half of the year.

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Pompeii, Capri & the Bay of Naples
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The difference between America and Israel? There isn’t one

The difference between America and Israel? There isn’t one

Netanyahu knows he can get away with anything in America, says Robert Fisk
Families clubbing together to build their own affordable accommodation

Do It Yourself approach to securing a new house

Community land trusts marking a new trend for taking the initiative away from developers
Head of WWF UK: We didn’t send Cameron to the Arctic to see green ideas freeze

David Nussbaum: We didn’t send Cameron to the Arctic to see green ideas freeze

The head of WWF UK remains sanguine despite the Government’s failure to live up to its pledges on the environment
Author Kazuo Ishiguro on being inspired by shoot-outs and samurai

Author Kazuo Ishiguro on being inspired by shoot-outs and samurai

Set in a mythologised 5th-century Britain, ‘The Buried Giant’ is a strange beast
With money, corruption and drugs, this monk fears Buddhism in Thailand is a ‘poisoned fruit’

Money, corruption and drugs

The monk who fears Buddhism in Thailand is a ‘poisoned fruit’
America's first slavery museum established at Django Unchained plantation - 150 years after slavery outlawed

150 years after it was outlawed...

... America's first slavery museum is established in Louisiana
Kelly Clarkson: How I snubbed Simon Cowell and become a Grammy-winning superstar

Kelly Clarkson: How I snubbed Simon Cowell and become a Grammy-winning superstar

The first 'American Idol' winner on how she manages to remain her own woman – Jane Austen fascination and all
Tony Oursler on exploring our uneasy relationship with technology with his new show

You won't believe your eyes

Tony Oursler's new show explores our uneasy relationship with technology. He's one of a growing number of artists with that preoccupation
Ian Herbert: Peter Moores must go. He should never have been brought back to fail again

Moores must go. He should never have been brought back to fail again

The England coach leaves players to find solutions - which makes you wonder where he adds value, says Ian Herbert
War with Isis: Fears that the looming battle for Mosul will unleash 'a million refugees'

The battle for Mosul will unleash 'a million refugees'

Aid agencies prepare for vast exodus following planned Iraqi offensive against the Isis-held city, reports Patrick Cockburn
Yvette Cooper: We can't lose the election. There's too much on the line

Yvette Cooper: We can't lose the election. There's too much on the line

The shadow Home Secretary on fighting radical Islam, protecting children, and why anyone in Labour who's thinking beyond May must 'sort themselves out'
A bad week for the Greens: Leader Natalie Bennett's 'car crash' radio interview is followed by Brighton council's failure to set a budget due to infighting

It's not easy being Green

After a bad week in which its leader had a public meltdown and its only city council couldn't agree on a budget vote, what next for the alternative party? It's over to Caroline Lucas to find out
Gorillas nearly missed: BBC producers didn't want to broadcast Sir David Attenborough's famed Rwandan encounter

Gorillas nearly missed

BBC producers didn't want to broadcast Sir David Attenborough's famed Rwandan encounter
Downton Abbey effect sees impoverished Italian nobles inspired to open their doors to paying guests for up to €650 a night

The Downton Abbey effect

Impoverished Italian nobles are opening their doors to paying guests, inspired by the TV drama
China's wild panda numbers have increased by 17% since 2003, new census reveals

China's wild panda numbers on the up

New census reveals 17% since 2003