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

British Gas in new row with regulator

British Gas was at loggerheads again with the industry regulator Clare Spottiswoode yesterday after claiming she had ignored the Monopolies Commission report into its TransCo pipeline arm by proposing to cap the revenues it could earn.

Setback for sale of Freemans

Sears, the struggling retail group, suffered a fresh setback yesterday when the Government agreed to extend the deadline for the Monopolies and Mergers Commission report on the proposed sale of its Freemans home shopping division to Littlewoods.

Amstrad set to appeal against Seagate award

Amstrad claimed yesterday that the High Court had miscalculated how much interest the company was owed from its long-running legal action against Seagate of the US, and said it would lodge an immediate appeal against the pounds 28m it was awarded.

Gas resists the pressure

BLUECHIIP

Sid should hold on to his BG shares; The Investment Column

The dust has barely had time to settle on the Monopolies and Mergers Commission's report on British Gas (all 400 pages of it) and things have already gone remarkably quiet. A year ago the company warned the 1.7 million Sids who make up its shareholder base of impending financial chaos.

Ofgas wanted tougher cuts

Clare Spottiswoode, the gas industry regulator, returned to the Monopolies and Mergers Commission earlier this year to demand an even tougher price regime over British Gas's pipeline business, it emerged yesterday.

A big grin but no gloating

The Laughing Regulator was in flying form and why not? After 12 months of hand-to-hand combat with the old enemy, Clare Spottiswoode had trounced British Gas. But was she about to gloat in her moment of triumph? Would she call for the head of Dick Giordano?

British Gas faces price curbs

British Gas is today bracing itself for a tough price clampdown as the Government publishes the long-awaited Monopolies and Mergers Commission report on the charges its pipeline division TransCo is allowed to levy.

BT may take charges dispute to MMC

British Telecom warned yesterday that it may go to the Monopolies and Mergers Commission (MMC) to resolve a dispute with its regulator, Oftel, over the amount it can charge competitors for access to the BT network.

Bill targets regulators' powers

The controversial power of utility regulators to overrule the Monopolies & Mergers Commission could be curtailed in the Government's planned competition bill, a move which could have widespread implications in the row over price controls for British Gas's pipeline network and other privatised groups.

Market at risk, warns BG

British Gas warned yesterday that the introduction of full competition in the domestic gas market next year could be jeopardised unless the Monopolies & Mergers Commission inquiry into its pipeline arm TransCo gave it long- term regulatory stability, writes Michael Harrison.

Ulster watchdog rejects MMC electricity curbs

The electricity watchdog for Northern Ireland yesterday rejected new price controls recommended by the Monopolies and Mergers Commission in a move which could have serious repercussions for utility regulation throughout the UK.

Sears to decide on Freemans

Sears, the retailing group, looks set to decide by the end of this week whether to try to agree a deal to sell its Freemans home shopping business to Littlewoods, subject to the result of a fresh investigation by the Monopolies and Mergers Commission (MMC).

BG and Ofgas at odds over MMC delay

The rift between British Gas and the industry watchdog, Ofgas, appeared to deepen yesterday after the two sides offered sharply opposing explanations for a six-week delay to the Monopolies and Mergers Commission (MMC) investigation into price cuts proposed for the company's pipeline network, TransCo.
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