"David Cameron is planning to build on the huge popularity of the Royal Mail privatisation by prioritising retail investors for the sell-offs ahead of the general election in 2015. Attracting retail investors will be a key aim as the government prepares to complete the sales of Royal Mail and Lloyds Bank next year, according to people close to the situation, the Financial Times writes.
Ministers are to subsidise a French company to build Britain's first nuclear power station in a generation, guaranteeing to pay twice the level of today's wholesale energy price. The decision, to be publicised today, will provoke a new row over rising energy bills, with gas and electricity suppliers expected to announce further price increases this week. Under a deal with French company EDF Energy, the Government will guarantee to pay £92.50 for each megawatt hour of electricity generated by the Hinkley Point plant for 35 years, according to The Times.
The number of profit warnings issued by British companies in September has shot to its highest level since 2008, according to research released today by top accountant Ernst & Young (EY). The figure for September was a shock after a strong performance so far this year, in which the number of companies warning of lower-than-expected profits has fallen sharply, suggesting the economic recovery was well under way.
London's booming housing market is rising at an unsustainable rate, the UK's largest property website warned on Monday, with the average asking price of a home in the capital surging by more than £50,000 last month.
Rightmove said the average asking price in London rose to £544,232 in October from £493,748 the previous month - an increase of more than 10%, The Guardian explains".
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Ministers are to subsidise a French company to build Britain's first nuclear power station in a generation, guaranteeing to pay twice the level of today's wholesale energy price. The decision, to be publicised today, will provoke a new row over rising energy bills, with gas and electricity suppliers expected to announce further price increases this week. Under a deal with French company EDF Energy, the Government will guarantee to pay £92.50 for each megawatt hour of electricity generated by the Hinkley Point plant for 35 years, according to The Times.
The number of profit warnings issued by British companies in September has shot to its highest level since 2008, according to research released today by top accountant Ernst & Young (EY). The figure for September was a shock after a strong performance so far this year, in which the number of companies warning of lower-than-expected profits has fallen sharply, suggesting the economic recovery was well under way.
London's booming housing market is rising at an unsustainable rate, the UK's largest property website warned on Monday, with the average asking price of a home in the capital surging by more than £50,000 last month.
Rightmove said the average asking price in London rose to £544,232 in October from £493,748 the previous month - an increase of more than 10%, The Guardian explains".
LiveCharts
