Britain’s business lobby groups said the Labour opposition’s proposal to break up the “Big Six” utilities and cap power prices threatens the investment needed to avoid blackouts by the end of the decade.
British Bankers’ Association Chief Executive Officer Angela Knight said plans to force lenders to build firebreaks around their consumer units risk hurting growth as the government prepares to publish draft legislation.
Every morning, from his desk by the bathroom at the far end of Royal Bank of Scotland Group Plc’s trading floor overlooking London’s Liverpool Street station, Paul White punched a series of numbers into his computer.
Amazon.com Inc. and brick-and-mortar stores urged U.S. senators to pass legislation to let states collect sales taxes from online retailers based elsewhere, as other Internet companies said they oppose the measure.
U.K. Treasury Committee Chairman Andrew Tyrie has clashed with British Bankers’ Association Chief Executive Officer Angela Knight over her refusal to testify in his panel’s inquiry on banking competition, the Sunday Times reported.