Qatar 2022 World Cup a “done deal” to be held in November February 18, 2015 The 2022 Fifa World Cup in Qatar is a "done deal" to be held in November and December, according to reports. Despite initially promising to hold the tournament in its traditional summer slot with the help of state of the art cooling-down technology, Fifa general secretary Jerome Valcke said last year that the event would [...]
Ofgem sends back electricity providers’ cost cutting plans November 22, 2013 Ofgem has rejected the price plans of five out of six electricity distributors. The UK's energy regulator said that the plans "did not sufficiently demonstrate value for consumers." A plan from Western Power Distribution (WPD) was the only one to be approved by Ofgem, out of the six companies that submitted new cost cutting plans [...]
Centrica issues £840m notes to finance recent acquisition costs October 14, 2013 FTSE 100-listed energy firm Centrica yesterday said it is issuing two bonds totalling $1.35bn (£840m), to pay for previously announced acquisitions and refinance existing debt. The new facility is made up of $750m in four per cent senior notes due 2023 and $600m-worth of 5.375 per cent senior notes due 2043. Centrica – which owns [...]
10 problems with the French embassy’s economic analysis January 14, 2014 After a recent editorial from City A.M. editor Allister Heath (France’s failed socialist experiment is turning into a tragedy) the French embassy wrote a piece in response. Here are 10 points on which we disagree over the French economy. 1. Growth prospects The European Commission’s growth forecast for France stands at 0.2% for 2013 and [...]