Winter blackout fear as reserves run low Osbornes green taxes blamed for power supplies falling to danger level
Winter blackout fear as reserves run low: Osborne's green taxes blamed for power supplies falling to danger level
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Britain's power generation capacity is dangerously low and the country risks blackouts for the first time in a generation, with experts warning the problem is a consequence of the drive to a low carbon economy.
Figures out this week are expected to show spare capacity in Britain’s electricity generators will be perilously close to zero this winter and
Entrepreneurs group calls to ease visa rule for foreign engineers
Entrepreneurs group calls on the Government to ease visa rule for foreign engineers
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It is far too difficult to get visas for top talent from outside the EU, according to Entrepreneur First, which helps Europe’s top technical people build high-growth firms.
Its criticism comes as Home Secretary Theresa May was accused of ‘pandering to anti-immigration sentiment’ last week in her speech at the Conservative Party Conference.
Simon
£40m funding boost helps Asian food chain Itsu expand across the UK
£40m funding boost helps Asian food chain Itsu expand across the UK
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Asian food chain Itsu is to expand by opening another ten restaurants across the UK thanks to £40million in new funding from HSBC.
The chain, set up by Pret A Manger co-founder Julian Metcalfe, has 50 sites – mostly in London and the South East. There are also plans to open Itsu outlets abroad in the next three years.
The new funding and expansion plans were
JEFF PRESTRIDGE Allow challenger banks to flourish
JEFF PRESTRIDGE: Treasury should rethink plans for 8% bank surcharge and allow challengers to flourish
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Competition is good. Monopolies and oligopolies are bad. Nasty, abhorrent. A pretty black and white statement, I accept, but it’s what I was taught while studying economics at university in the late 1970s and to echo the words of my heroine, the late Margaret Thatcher, I’m not for turning.
It’s also irrefutably true, especially in financial services where a
Im using one pension to fund a trip to Hong Kong Six months into the pension revolution what are your options
'I'm using one pension to fund a trip to Hong Kong': Six months into the pension revolution, what are your options?
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Six months have elapsed since people aged 55 and over were given freedom to access their pension funds without being required to buy a poor value annuity.
So far, despite the constant threat from fraudsters intent on robbing people of their retirement money, the pensions revolution has been more peaceful than bloody. Yet misconceptions do remain