Ofgem, the energy regulator, yesterday announced it will investigate the 20-year-old regime governing the regulation of the country's gas and electricity networks to check that competition is working well.
Zonal Retail Data Systems, the UK's leading manufacturer of electronic point-of-sale systems for the hospitality industry, moved out of the red and into profit last year.
Lloyds TSB Agriculture has been confirmed as major sponsor of the UK's national beef event, Beef Expo 2008, to be held at Perth Agricultural Centre on May 21.
LONDON
THE FTSE-100 index edged down yesterday as below-
forecast results from mortgage lender HBOS weighed on banks, although miners boosted by merger and acquisition talk offered some support.
Actividades de Construccion & Servicios (ACS), Spain's biggest construction firm by revenue, said yesterday it will not take a decision on making a further investment in Iberdrola, the utility that owns ScottishPower, until after the Spanish election. Spain goes to the polls on March 9.
Kwik-Fit founder Sir Tom Farmer and Stagecoach chief executive Brian Souter have pumped “a significant amount” of cash into a £2m funding round for Elonics, a semiconductor design firm based in Livingston, to develop a new microchip for mobile TV.
The highest-paid director at housebuilder and commercial property developer Walker Group
has lopped more than £1m off his pay package in a
year that saw the company's turnover and profits plunge.
Scottish & Newcastle (S&N) yesterday announced the closure of one of its breweries just months before the expected completion of its takeover by a continental consortium.
European Union antitrust regulators raided computer chip maker Intel and computer retailers yesterday searching for evidence that they may have broken cartel or monopoly rules.
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