Budget Headlines : Investment into offshore windfarms
Investment into offshore windfarms
Share this..
Related stories
Has the UK pound risen too quickly?
The CBI has today revealed a significant falloff in export orders in the UK over the last four weeks due in the main to a recent bounce in the exchange rate of the UK pound against other leading currencies. As the UK pound fell more than 30% against the dollar many people had pinned their hopes on an eventual recovery in the UK being linked directly to the exchange rate. However, amid signs that t...
Read MoreRecord £63 million compensation bill lands on nPower mat
UK energy giant nPower has this week been hit with a £63 million compensation bill in relation to errors in the company's computerised billing system in 2007. It is believed that as a consequence of these errors a number of gas customers were charged for fuel which they did not use with the situation only coming to light some time later. So what has nPower agreed to do? The company has agreed...
Read MoreWhat will happen at the next MPC meeting?
As we approach the next meeting of the Bank of England Monetary Policy Committee (5th March) there is a general consensus that interest rates will be reduced but there is some debate as to whether this will have any impact on the economy. The vast majority of economists expect a 0.5% reduction in UK base rates which would take them down to 0.5% although there are strong suspicions that the event w...
Read MoreBritish ministers claim euro debate is a red herring
British ministers have today accused the UK press of exposing a potential conflict of interest between the government and the UK population which does not really exist. There has been much comment in the press of late about a possible conversion to the euro even though, by the government own admission, 75% of the UK population is firmly against joining the European currency.
However...
Lloyds bank set to confirm fund-raising details
Lloyds bank will this week confirm details of a record-breaking £13.5 billion fund-raising which will see UK taxpayers pumping in almost £6 billion of extra capital in exchange for shares. The additional funds in question will come from ordinary shareholders and bondholders who are also being brought into the fold with regards to this massive reorganisation of the Lloyds bank balance sheet. I...
Read More