Fellow watchdog to slam Ofgem over tariffs policy July 2, 2015 The Competition and Markets Authority (CMA) is expected to slam Ofgem’s policy on electricity tariffs when it publishes the preliminary findings from its energy market review next week. The report, which is likely to be released on 7 July, will highlight the “four tariffs” rule that Ofgem imposes on energy firms as being bad for [...]
Coral-Eclipse may prove to be a tough test for Golden Horn July 2, 2015 French Derby winner New Bay’s absence from tomorrow’s Coral-Eclipse (3.45pm) at Sandown means that Investec Derby winner Golden Horn is as short as 1/3 with Betway to see off his four rivals and land the 10 furlong Group One contest. Read more: Buick backs Jack Hobbs to gain Derby revenge on Golden Horn However, those [...]
Greene King toasts record revenue as retail growth outperforms market July 1, 2015 The figures Pub group Greene King enjoyed record revenue of £1.3bn in the year to the end of March, yet investors were warned not get too carried away as profit before tax fell 2.7 per cent to £168.5m. Read more: Popped corks as Greene King-Spirit pub partnership gets green light The FTSE 250-listed company's retail revenue [...]
Sky says markets watchdog must look at BT Openreach June 30, 2015 Sky wants media regulator Ofcom to launch a full investigation into the UK’s broadband market and get the competition watchdog involved. Yesterday, Sky published the evidence it has submitted to Ofcom, which highlights what Sky considers to be the low quality service offered by BT’s Openreach division, which runs the UK’s telecoms network. Sky’s broadband [...]
Sky says markets watchdog must look at BT Openreach June 30, 2015 Sky wants media regulator Ofcom to launch a full investigation into the UK’s broadband market and get the competition watchdog involved. Yesterday, Sky published the evidence it has submitted to Ofcom, which highlights what Sky considers to be the low quality service offered by BT’s Openreach division, which runs the UK’s telecoms network. Sky’s broadband [...]
Sky wants the markets watchdog to investigate BT Openreach June 30, 2015 Sky wants media regulator Ofcom to launch a full investigation into the UK’s broadband market and get the competition watchdog involved. Yesterday, Sky published the evidence it has submitted to Ofcom, which highlights what Sky considers to be the low quality service offered by BT’s Openreach division, which runs the UK’s telecoms network. Sky’s broadband [...]
Who is Carolyn Fairbairn? Meet the first female director-general of the CBI June 29, 2015 The Confederation of British Industry (CBI) has appointed Carolyn Fairbairn, a former director of strategy at both the BBC and ITV, as its first female director-general. Fairbairn will take the reins of Britain’s biggest business group from John Cridland later this year, the CBI announced yesterday. Cridland has led the CBI since 2011. [...]
Stop tinkering: How the City is leading the charge to get London building June 28, 2015 Housing has been the public policy “elephant in the room” for too long. City businesses warn me that high housing costs are reducing London’s competitiveness as a location, colleagues across London councils say that housing features more and more at the top of their agendas, and all the declared candidates in the mayoral election cite [...]
Sky requests competition inquiry into BT’s broadband dominance June 28, 2015 Sky has submitted a formal request to telecoms regulator Ofcom for a competition inquiry into BT. Read more: BT dismisses Sky claims with Champions League launch and big name signings The broadcasting company accuses its rival of making a series of errors in its Openreach division, which operates the national broadband network. It [...]
Regulators list problems with Poundland’s £55m 99p Stores merger June 25, 2015 Britain’s competition watchdog unveiled a list of issues it is exploring around Poundland’s £55m merger with 99p Stores after the discount chain agreed to push ahead with an in-depth probe last month. Poundland, which floated on the stock market last year, announced in February that it was going to buy 99p Stores. However, the Competition [...]