Britain on Wednesday told Russian oligarch Mikhail Fridman he had seven days to explain why he should be allowed to retain ownership of newly acquired oil and gas fields in the North Sea or face being forced to sell them.
British energy company Scottish Power was yesterday given a temporary selling ban after an investigation launched by Ofgem in November found the company was not delivering the levels of service customers deserve.
A German energy cooperative will take legal action against the European Commission for approving state aid for a �16 billion nuclear power plant in Britain, it said yesterday, arguing it threatens to distort competition.
European Central Bank (ECB) President Mario Draghi takes part in a plenary debate on the ECB's Annual Report 2013 at the European Parliament in Brussels February 25, 2015.
The Government will make nearly �760 million after confirming that it will sell its take in Eurostar to a consortium of British and Canadian pension and infrastructure funds, but rail unions have been quick to criticise the move, calling it an act of "Thatcherite ...