Finance News
Google News U.K. - Business InTheNews.co.uk | Ofgem says fuel poor must get cheapest deals Reuters - LONDON (Reuters) - Retail energy suppliers must ensure their poorest customers are on the cheapest price plan to count towards their multi-million pound "social tariff" targets, UK energy regulator Ofgem said on Friday. Energy groups warned on 'social tariff' claims Fuel poor tariffs 'must be cheap' |
GDF Suez to bid for Fenosa stake on Friday-paper Reuters UK - MADRID, July 25 (Reuters) - GDF Suez (GSZ.PA: Quote, Profile, Research) could make an offer for Spanish constructor ACS's (ACS. Gas Natural in discussions to take over Unión Fenosa Gas Natural seeks control of a rival Spanish utility |
 stv.tv | Economy to slow slightly in second quarter Reuters UK - By Matt Falloon LONDON (Reuters) - Economic growth is expected to slow a little bit more in the second quarter and analysts say it won't be long before the economy flatlines or even starts to shrink. British economy faces 'anaemic' growth UK rate rise needed despite economic gloom- NIESR |
 Peninsula On-line | Consumer crisis: Record fall in retail sales follows May shopping ... guardian.co.uk - Retail sales suffered their biggest slump on record last month as shoppers reined in spending sharply after May's high street splurge, figures showed yesterday. Shops see sharpest fall in sales for 22 years Darkening outlook hits consumer spending |
 Wall Street Journal | EDF Is Nearing Accord To Buy British Energy Wall Street Journal - By DANA CIMILLUCA, GUY CHAZAN and GERALDINE AMIEL Électricité de France SA Thursday was nearing an agreement to acquire UK nuclear-power generator British Energy Group PLC, in a deal that could exceed £12 billion ($23.99 billion) and end a months-long ... British Energy agrees EDF takeover at 775 pence EDF on brink of £11bn British Energy takeover |
 BBC News | Customers braced for further energy price rises Telegraph.co.uk - Homeowners could face a fresh round of energy price rises after the UK's second biggest domestic energy supplier warned that it is likely to impose higher prices on customers before long. Energy: Power firm says it can't resist pressure to raise prices Scottish & Southern Energy tells of cost pressure |
UPDATE 1-Infineon's Q3 EBIT rises, to slash staff Reuters UK - FRANKFURT, July 25 (Reuters) - Chipmaker Infineon (IFXGn.DE: Quote, Profile, Research) said it would cut staff by 10 percent amid continuing tough market conditions even as it beat market expectations with a 97 percent rise in third-quarter core ... Infineon Q3 net loss widens to 592 mln eur as Infineon to shed 3000 jobs |
 Daily Mail | Trainee teachers 'degrees better' BBC News - People seeking to become teachers in England are better qualified than they were a decade ago, analysis of teacher training courses shows. Trainee teachers being driven from the classroom Alarm at rising drop-out rate for student teachers |
 BBC News | EasyJet to cut Stansted winter flights by 12% Independent - By Sean Farrell EasyJet has announced cuts to its winter timetable as the high price of fuel eats into the no-frills airline's profits. Aviation: EasyJet to slash capacity as oil price continues to hurt ... EasyJet says high fares will hit passenger choice |
Phishing fraud on the rise Times Online - Online banking customers are being advised to stay vigilant after being targeted by a surge in hoax e-mails. Reported cases of fraudsters trying to steal bank details using bogus e-mails more than doubled in the first half of 2008 compared with 2007. Online fraud declines but phishers are out in force Bank phishing attacks on the rise |
 stv.tv | Business big shot: Sir John Rose of Rolls-Royce Times Online - Sir John Rose is one of Britain's most respected businessmen and his likely retirement as chief executive of Rolls-Royce in two years is a serious concern to shareholders in the aero-engine manufacturer. Youth will lift us higher, says Rolls-Royce chief Rolls-Royce defies downturn thanks to Middle Eastern deals |
Former Cazenove trader in court Independent - By Nick Clark A former senior trader at the stockbroking firm Cazenove has appeared in court, becoming only the second case of City workers facing criminal prosecution by the Financial Services Authority. Ex-Cazenove partner denies insider dealing Ex-Cazenove partner accused of insider dealing |
