The U.K.’s largest insurance companies will invest 25 billion pounds ($41 billion) in infrastructure, the government announced as it prepares to publish new plans for projects from energy and transport to communications.
Centrica Plc and SSE Plc led four of the U.K.’s “Big Six” energy suppliers in saying they’ll cut consumer bills after the government pledged to reduce green levies to ease the cost of living.
U.K. manufacturing expanded more than forecast in November, indicating the recovery is maintaining its momentum in the final quarter of the year.
U.K. power companies announced they will cut prices for consumers after Chancellor of the Exchequer George Osborne pledged to scale back government green levies to ease the cost of living.
A police helicopter crash into a downtown pub in Scotland’s biggest city killed eight people and injured 14 seriously, police said today.
People remained trapped after a police helicopter crashed into the roof of a pub in downtown Glasgow, Scotland’s biggest city.
The U.K. government has asked utilities to hold household energy bills steady for the next 18 months, the British Broadcasting Corp. reported.
The U.K. dismissed a British Broadcasting Corp. report that government ministers asked utilities to hold household energy bills steady until after elections in 2015.
European stocks climbed to their highest level since May 2008 as Rio Tinto Group and Boliden AB led mining companies higher and banks advanced.
Imperial Tobacco Group Plc and British American Tobacco Plc fell in London after the U.K. reversed its position on plain cigarette packs, announcing a review of how the policy is working abroad.