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DCC Energy acquires several businesses from Total Downstream UK

DCC Energy has recently bought several businesses from Total Downstream UK, and the resulting merger may cause problems for a lot of customers in England and Wales. The Office of Fair Trading (OFT) has referred the issue to the Competition Commission for further investigation into the likelihood that non-bulk customers would be adversely affected due [...]

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Inspired Energy makes first acquisition since joining AIM Market

In November last year, Inspired Energy was admitted to the AIM Market of the London Stock Exchange, and the company has just made its first acquisition since that time. Inspired has made a deal with Direct Energy Purchasing to buy the energy procurement advisory business created by Corin and Tricia Dalby in 1996 for a [...]

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Treasury announces possibility of new bonds

The UK’s Treasury has announced the possibility of a new bond issue that would take advantage of Britain’s status as a ‘safe haven’ and the historically low borrowing rate of 0.5% to help reduce the national debt. At present, the plan is subject to review in the form of consultation with potential buyers, according to [...]

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BAE win lucrative contract

BAE Systems, the biggest defence contractor in Europe, has just won a very lucrative five-year contract that covers the engineering support of Eurofighter Typhoon jets. The company said that the order will serve to sustain about 600 jobs at BAE’s plants in Wharton and Samlesbury.

The jobs involved will provide the infrastructure for future enhancements of [...]

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Construction at its highest level for 5 years

Activity in the construction industry reached a 21 month high this March as orders for new construction grew at their fastest rate for nearly 5 years. The index which measures the growth of the industry rose significantly from February to March which suggests that the construction industry is on the path to recovery. The manufacturing [...]

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Essential Forex guides

The internet would have you believe that you can easily make billions over night by simply becoming a pro Forex trader, but this is of course not true, otherwise millions of people would be billionaires right now.

This does not however mean that you cannot make a profit trading in the foreign exchange markets, because you [...]

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Tesco sack executive after only a year in the job

Richard Brasher was employed by Tesco’s for over 25 years and just last year he was finally elevated to boardroom level. For the last year he has been responsible for overseeing the Tesco brand in the UK and things have not quite gone as well for him as he might have hoped.

Unfortunately, for the long [...]

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Dairy Crest planning to sell St Hubert brand

Dairy Crest Group PLC have said that they are looking to sell their French branded spread line, St Hubert, in a deal that experts think could fetch the dairy food company around £300m.

The potential sale of the spread business, which many analysts see as the jewel in the crown of the Dairy Crest company, would [...]

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JD Wetherspoons cut back on expansion after poor sales

JD Wetherspoon, the nationwide pub chain, is to slow down its pace of expansion amid the slower sales and sustained pressures of costs that is has suffered so far in 2012.

The group, which had at the end of January 841 pubs, is intending to reduce the number of new pubs opening to about 40 in [...]

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New Center Parcs planned for Bedfordshire

There are currently four Center Parcs holiday villages in the UK, but the holiday company have recently announced that they are going to start constructing a fifth site at a cost of £250 million.

It is expected that the site is going to create 1500 jobs for the local area, and is also going to create [...]

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