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Entries Tagged as 'Utilities'

UK Finance: Ofgem warns consumers to expect higher utility bills

John Williams - Wednesday 14.10.09, 15:32pm

Energy regulator Ofgem has warned that the UK faces a number of challenges to its power supplies over the next ten to fifteen years with existing power stations coming to the end of their lives and an increasing need to import gas via volatile global markets.
“These are big challenges. Britain faces a tough challenge in [...]

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Tags: Personal Finance · UK economy · Utilities

UK Finance:OFWAT clamp down on water company profits

John Williams - Friday 24.07.09, 15:26pm

An announcement made this week by industry watchdog OFWAT, says that water companies will be ordered to cut prices to consumers in the UKĀ  by around 4% over the next five years. They have also concerned the industry and it’s investors by lowering the amount of profit that water companies can make.
OFWAT wants to see [...]

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Tags: Investments · UK economy · Utilities

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