Ofgem to review retail energy market November 26, 2010 ENERGY regulator Ofgem is to launch a review of the UK’s energy retail market today after flagging concerns that suppliers are charging too much. Its latest analysis of retail prices shows the margin on a standard dual fuel tariff is now about £90, up 38 per cent from September’s level of £65. Ofgem said that [...]
Tube strike to disrupt Monday’s travel November 26, 2010 A 24-hour strike on London’s underground rail network will go ahead on Monday after talks over planned job cuts broke down, heralding the fourth walk-out since September. The strike, by members of the RMT and TSSA unions, will begin on Sunday evening, and is likely to cause further travel disruption for thousands of commuters already [...]
Tube strike to disrupt Monday’s travel November 26, 2010 A 24-hour strike on London’s underground rail network will go ahead on Monday after talks over planned job cuts broke down, heralding the fourth walk-out since September. The strike, by members of the RMT and TSSA unions, will begin on Sunday evening, and is likely to cause further travel disruption for thousands of commuters already [...]
Deutsche Bank gains majority control over Postbank November 26, 2010 DEUTSCHE Bank has clinched its takeover of Deutsche Postbank after securing a 21.48 per cent stake in the Bonn-based lender today. Deutsche Bank said it would consolidate Postbank by the end of the yer after securing the stake in Germany’s largest retail bank on top of its existing 30 per cent holding. The deal is [...]
Deutsche Bank gains majority control over Postbank November 26, 2010 DEUTSCHE Bank has clinched its takeover of Deutsche Postbank after securing a 21.48 per cent stake in the Bonn-based lender today. Deutsche Bank said it would consolidate Postbank by the end of the yer after securing the stake in Germany’s largest retail bank on top of its existing 30 per cent holding. The deal is [...]
German business confidence up November 25, 2010 GERMAN business confidence continues to soar upwards, a survey released yesterday shows. Economists expected no improvements in the Ifo Business Survey for November, yet the index revealed an enhanced business climate for the sixth consecutive month. The indicator jumped to 109.3 points, up 16.5 per cent on the same time last year. It has now [...]
German business confidence up November 25, 2010 GERMAN business confidence continues to soar upwards, a survey released yesterday shows. Economists expected no improvements in the Ifo Business Survey for November, yet the index revealed an enhanced business climate for the sixth consecutive month. The indicator jumped to 109.3 points, up 16.5 per cent on the same time last year. It has now [...]