Electricity Bills: Green Power Plan To Add £100

Green power could add £100 a year to electricity bills by 2020 under new government plans. An estimated £110bn is needed in the next decade to renew the UK's ageing electricity infrastructure and much of that is set to go into low-carbon power sources...

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Tax Backlash Prospect For Independent Shops

By Poppy Trowbridge, Business & Economics correspondent Independent businesses could benefit from public uproar over low rates of corporation tax paid by global giants Starbucks, Amazon and Google, according to retail experts. The backlash...

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Christopher Flowers Courts Allies For RBS Bid

By Mark Kleinman, City Editor The Wall Street tycoon Christopher Flowers is courting a string of private equity and banking allies as he seeks to assemble a knockout bid for more than 300 branches owned by Royal Bank of Scotland (RBS). I have learned...

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Comet Bid Made By Online Retailer

The entrepreneur behind Appliances Online has tabled a bid for Comet in a move that could see the failed electrical chain disappear from retail parks and high streets. John Roberts, who set up Appliances Online in 2000, confirmed he had put in a "seven-figure...

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Steel Giant Tata Cuts 900 Jobs Across UK

Indian-owned Tata Steel has confirmed that it will close 12 plants in Britain. The move will result in 900 job losses, the company confirmed, including 580 in South Wales, 155 in Yorkshire, 120 in the West Midlands and 30 on Teesside. Sites to close...

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Eurozone Crisis: Cyprus Poised For Bailout

Discussions between Cyprus and European officials are ongoing, as the island negotiates the terms of a sovereign bailout. Cyprus government officials said they had agreed on a package with the European Union (EU) and International Monetary Fund (IMF)....

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Mobile Payment Firm Vocalink Seeks Funding

By Mark Kleinman, City Editor A company owned by Britain's major banks is seeking tens of millions of pounds in funding to launch a mobile payments service that it believes will deliver huge benefits to struggling small business-owners. I understand...

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Arsenal Extends £150m Emirates Airlines Deal

Arsenal have announced a new sponsorship deal worth £150m with Emirates Airlines. The agreement, which is worth £30m a season over the next five years, will see the airline continue to sponsor the club's shirts until the 2018/19 season. The company...

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'Black Friday' Discount Day Reaches UK

Some of the UK's biggest retailers are cashing in on a US tradition which sees millions of frenzied shoppers make the most of discounted prices. Amazon, Asda and Apple are among the companies that have launched so-called Black Friday sales in Britain...

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Cameron: EU Deal 'Just Not Good Enough'

What Now For EU Budget? Updated: 10:16pm UK, Friday 23 November 2012 By Adam Boulton, Political Editor The 27 EU member states did not agree a budget for the next seven years at the summit in Brussels. But David Cameron will be able to go home...

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