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CNA 293.80 +1.20 (0.41%)
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Bonus bonanza: Boost for British Gas chiefs as prices have soared
Centrica, which owns British Gas, paid Chief Executive Sam Laidlaw �2.1million including pension, perks and shares. British Gas boss Phil Bentley got a �1million package and three other top bosses got �1.4million each.
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British Gas to axe 300 staff and move work abroad
... a lot is already outsourced to India. British Gas said: �If we are going to remain competitive, we need to reduce our costs.
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Why internships and placements are a popular route to employment
This is borne out by evidence from companies such as Centrica whose 10-week summer internship scheme for predominantly penultimate year students has grown from 11 places in 2006 to 75 in 2010.
Profits rise at Prudential and Standard Life
Insurance giants Prudential (PRU) and Standard Life (SL.) have posted increased full-year profits, showing growth in their foreign operations.
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CITY FOCUS: Britain's energy gap needs plugging
The first is EDF Energy's venture, of which British Gas-owner Centrica has a 20 per cent stake. EDF runs the existing fleet of nuclear power stations, and is furthest ahead in the race to open a new reactor.
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Deadline extended for Cable & Wireless Worldwide takeover
The Panel on Takeovers and Mergers has extended the deadline for Vodafone (VOD) and India's Tata Communications to announce a firm intention to make an offer for Cable and Wireless Worldwide (CW.
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High gas prices blamed as Centrica announces King's Lynn power station closure
The 340mgw gas-fired electricity plant, on the outskirts of Lynn, will cease production on April 1 with Centrica claiming the cost of burning gas for power was too high at such low-efficiency plants like King's Lynn.
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Power to the people: EDF 'fined' record �4.5m over energy misselling
The French-owned energy giant was caught giving dodgy information over the phone and door-to-door as it tried to sign customers. The penalty from watchdog Ofgem followed a trawl through EDF's records.
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Energy price hikes could have been worse
Record profits are more easily explained by the fact that power generating utilities also profit from high wholesale electricity prices which they sell to industrial clients.
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View from the top: Alecto Minerals interview
According to Alecto Minerals (ALO) executive director Damian Conboy, Ethiopia is going to become hot property over the next 12 to 18 months.
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