News

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

David Prosser: In search of a coherent energy policy

Outlook There is much to commend in Ofgem's burst of activity of late. Its announcements yesterday of an investigation into Scottish Power's price promises and the go-ahead for energy market reforms already trailed were both sensible. Yet one cannot help but feel these matters are trivial compared to the big question facing Britain's energy industry – the one publicly posed by the regulator more than a year ago, to which we have yet to hear a satisfactory answer.

Fresh blow as energy prices rise

Hard-pressed consumers were dealt a fresh blow tonight after Scottish Power unleashed what is expected to be a new wave of energy bill rises.

'We've got to show that business is a force for good'

For the first time in decades, industry and ministers are on the same side, says the new CBI president

Centrica mothballs gas field

Centrica, the parent company of household gas supplier British Gas, has carried out its threat not to reopen one of the UK's largest gas fields following the Government's decision to raise taxes on production.

Centrica blames tax for Morecambe Bay closure

The backlash against the Chancellor's decision to impose higher taxes on energy firms continued yesterday after Centrica decided not to recommence production at a major gas field, citing the heavy tax burden.

Centrica buys heating company

the founder of a central heating firm that started life almost 50 years ago has sold the business to British Gas owner Centrica in a £30m deal.

Market Report: Return of Qatar bid rumours boost Centrica

Not for the first time, market gossips had Centrica in their sights last night as the owner of British Gas powered up following the re-emergence of speculation that it could be about to receive an offer.

Soaring tax bill leads Centrica to cut back on UK investment

Centrica warned yesterday that the Government's surprise extra tax on North Sea oil and gas would hit profit growth this year and cause the company to scale back investment.

Energy customers face higher bills

Consumers are facing another round of energy price rises after the UK's biggest supplier revealed a further squeeze on its margins.

Osborne's tax on gas fields 'will mean price rises for consumers'

Consumers face higher gas bills if investment is slashed in Britain's natural gas fields as the result of an increasingly bitter dispute between producers and the Treasury over a tax rise, a leading industry body said yesterday.

Oil and gas tax hike rethink urged

The Government was today urged to rethink its oil and gas tax hike amid concerns that the move could hasten the demise of UK production.

Market Report: Analysts engineer rises for IMI and Rolls-Royce

Engineering stocks were in focus last night, as both Rolls-Royce and IMI found themselves propelled up the blue-chip index by bullish brokers.

Ofgem cracks down on Big Six energy firms

The energy regulator Ofgem stepped up efforts to temper the influence of the biggest utilities yesterday by proposing that they auction up to a fifth of their electricity generation output and simplify tariffs that leave customers "bamboozled" by their complexity.

Centrica snaps up US energy firm

Centrica has agreed to buy a New York-based energy retailer as part of its strategy of strengthening its North American arm.

British Gas profits soar to record high of £742m

Centrica points to even faster growth in US and upstream arms
News
Bobbi Kristina Brown with her mother Whitney Houston in 2011
people
News
The actress Geraldine McEwan was perhaps best known for playing Agatha Christie's detective, Miss Marple (Rex)
peopleShe won a Bafta in 1991 for her role in Oranges Are Not The Only Fruit
News
The guide, since withdrawn, used illustrations and text to help people understand the court process (Getty)
Ministry of Justice gets law 'terribly wrong' in its guide to courts
News
Starting the day with a three-egg omelette could make people more charitable, according to new research
scienceFeed someone a big omelette, and they may give twice as much, thanks to a compound in the eggs
News
newsPatrick Cockburn was able to update his agenda-setting 'The Rise of Islamic State' while under attack in Baghdad
News
Robert Fraser, aka Groovy Bob
peopleA new show honours Robert Fraser, one of the era's forgotten players
Life and Style
Torsten Sherwood's Noook is a simple construction toy for creating mini-architecture
tech
News
Top Gun actor Val Kilmer lost his small claims court battle in Van Nuys with the landlord of his Malibu mansion to get back his deposit after wallpapering over the kitchen cabinets
people
Sport
David Silva celebrates with Sergio Aguero after equalising against Chelsea
footballChelsea 1 Manchester City 1
News
i100
Career Services

Day In a Page

Independent Travel
Pompeii, Capri & the Bay of Naples
Dubrovnik, the Dalmatian Coast & Montenegro
Burgundy, the River Rhone & Provence
Lisbon, Oporto and the Douro Valley
Lake Garda, Venice & Verona
Spain
Prices correct as of 30 January 2015
As in 1942, Germany must show restraint over Greece

As in 1942, Germany must show restraint over Greece

Mussolini tried to warn his ally of the danger of bringing the country to its knees. So should we, says Patrick Cockburn
Britain's widening poverty gap should be causing outrage at the start of the election campaign

The short stroll that should be our walk of shame

Courting the global elite has failed to benefit Britain, as the vast disparity in wealth on display in the capital shows
Homeless Veterans appeal: The rise of the working poor: when having a job cannot prevent poverty

Homeless Veterans appeal

The rise of the working poor: when having a job cannot prevent poverty
Prince Charles the saviour of the nation? A new book highlights concerns about how political he will be when he eventually becomes king

Prince Charles the saviour of the nation?

A new book highlights concerns about how political he will be when he eventually becomes king
How books can defeat Isis: Patrick Cockburn was able to update his agenda-setting 'The Rise of Islamic State' while under attack in Baghdad

How books can defeat Isis

Patrick Cockburn was able to update his agenda-setting 'The Rise of Islamic State' while under attack in Baghdad
Judith Hackitt: The myths of elf 'n' safety

Judith Hackitt: The myths of elf 'n' safety

She may be in charge of minimising our risks of injury, but the chair of the Health and Safety Executive still wants children to be able to hurt themselves
The open loathing between Barack Obama and Benjamin Netanyahu just got worse

The open loathing between Obama and Netanyahu just got worse

The Israeli PM's relationship with the Obama has always been chilly, but going over the President's head on Iran will do him no favours, says Rupert Cornwell
French chefs get 'le huff' as nation slips down global cuisine rankings

French chefs get 'le huff' as nation slips down global cuisine rankings

Fury at British best restaurants survey sees French magazine produce a rival list
Star choreographer Matthew Bourne gives young carers a chance to perform at Sadler's Wells

Young carers to make dance debut

What happened when superstar choreographer Matthew Bourne encouraged 27 teenage carers to think about themselves for once?
Design Council's 70th anniversary: Four of the most intriguing prototypes from Ones to Watch

Design Council's 70th anniversary

Four of the most intriguing prototypes from Ones to Watch
Dame Harriet Walter: The actress on learning what it is to age, plastic surgery, and her unease at being honoured by the establishment

Dame Harriet Walter interview

The actress on learning what it is to age, plastic surgery, and her unease at being honoured by the establishment
Art should not be a slave to the ideas driving it

Art should not be a slave to the ideas driving it

Critics of Tom Stoppard's new play seem to agree that cerebral can never trump character, says DJ Taylor
Bill Granger recipes: Our chef's winter salads will make you feel energised through February

Bill Granger's winter salads

Salads aren't just a bit on the side, says our chef - their crunch, colour and natural goodness are perfect for a midwinter pick-me-up
England vs Wales: Cool head George Ford ready to put out dragon fire

George Ford: Cool head ready to put out dragon fire

No 10’s calmness under pressure will be key for England in Cardiff
Michael Calvin: Time for Old Firm to put aside bigotry and forge new links

Michael Calvin's Last Word

Time for Old Firm to put aside bigotry and forge new links