Half a million UK homes face £114 energy bill hike October 24, 2019 Half a million households will be hit with a £114 rise in energy bills if they do not switch provider over the next three months. New research by price comparison website comparethemarket.com shows that there are 213 fixed energy tariffs ending this year. Read more: Competition watchdog to examine £500m Ovo Energy SSE deal If [...]
Drax turns down third £2bn offer October 20, 2005 Europe’s largest coal-fired power plant Drax has rejected a £2bn bid from International Power and Japanese engineering company Mitsui. Yorkshire-based Drax, which is running an auction for its sale at the same time as preparing an initial public offering, has also turned down similar bids from two American consortiums. Drax, which supplies 7 per cent [...]