News Bitcoin is an experimental digital currency that has gained popularity worldwide

James Howells accidentally threw away a hard drive containing the cryptographic "private key" needed to access the digital currency

MMC report casts doubt on Capital Radio's expansion hopes

Capital Radio's ambitions to expand its radio interests took a knock yesterday when Margaret Beckett, President of the Board of Trade, published a report suggesting its failed bid for Virgin Radio would not have been allowed to go ahead. Peter Thal Larsen reports

Colloids wins extension

Colloids wins extension

US bid for Energy Group gets go-ahead

The pounds 3.7bn proposed takeover bid for Energy Group by PacifiCorp of the US was given the go-ahead yesterday after the Monopolies and Mergers Commission ruled the deal was not against the public interest. The conclusion is likely to raise new doubts about the government's competition policy.

Capital rethinks its future after Chris Evans grabs Virgin

Capital Radio was yesterday remoulding its future strategy after losing Virgin Radio to Chris Evans, the DJ. Virgin accepted an pounds 85m bid from Mr Evans, despite earlier agreeing an pounds 87m offer from Capital.

Electricity watchdog cuts bills by 9%

Household electricity bills are set to fall by 9 per cent over the next two years in a new price regime unveiled yesterday by the industry regulator, Professor Stephen Littlechild.

BG settles pipeline dispute with regulator

Ofgas, the gas watchdog, yesterday hailed a new era of peace with BG, the former British Gas, after the two sides settled their long-running war over pipeline price cuts.

Business Outlook: The strange case of the offside minister

This is New Labour and we are living in the age of shareholder democracy so perhaps nobody should be too surprised that the odd minister or two has a few shares salted away. The Government has, after all, embraced private ownership with a gusto that would have been unthinkable even five years ago.

Transco to cut 2,500 jobs after losing MMC battle

BG, the former British Gas, is to cut around 2,500 jobs at its main pipeline business, Transco, following its defeat at the hands of the Monopolies and Mergers Commission over price controls.

RECs threaten Littlechild with referral

Several regional electricity companies are to renew their threat to refer a dispute over price controls to the Monopolies and Mergers Commission, after complaints that more lenient proposals from the industry regulator have failed to meet their concerns.

British Gas steps up fight on revenue cap

Chris Godsmark

NIE steps up battle with Ofreg

Northern Ireland Electricity said yesterday it would seek a judicial review of its regulator's refusal to accept the Monopolies and Mergers Commission's proposals on electricity price controls. The move marks the latest stage in a simmering row between the company and Ofreg, the regulator, which is demanding much larger price cuts.

Northern Ireland watchdog set to refer generators to MMC

The Northern Ireland electricity regulator looks set to refer the three generating companies in the province to the Monopolies and Mergers Commission before the autumn, in a long-running dispute over power prices.

Siemens asks suppliers to switch to euro

More than 14,000 British companies which supply the UK businesses of Siemens, the German electrical giant, are to be asked to switch from the pound to the European single currency in two years.

MMC chief quits as shake-up begins

A wide-ranging shake-up of competition policy was under way yesterday after the Government announced details of its new Competition Commission and Sir Graeme Odgers resigned from his pounds 120,000-a-year post as chairman of the Monopolies and Mergers Commission.

US bid for Energy Group referred to MMC

The Government's competition policy was thrown into turmoil yesterday when Margaret Beckett, President of the Board of Trade, referred the pounds 3.7bn agreed takeover bid for The Energy Group by PacifiCorp of the US to the Monopolies and Mergers Commission.
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Pompeii, Capri & the Bay of Naples
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Prices correct as of 15 May 2015
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