SSE is set to cut its customers' gas bills by 4.1 per cent as it becomes the fifth of the big six suppliers to pass on wholesale price drops.
London landmark Centre Point, which stood vacant for a decade, is set to become the latest home for the world's super-wealthy after property group Almacantar unveiled plans to build apartments worth up to �50m at the site.
Crude oil rebounded after OPEC Secretary-General Abdalla El-Badri said insufficient investment could push prices to $200 a barrel.
... * Steps follows $1 billion redundancy plan. * CEO Dudley cites tougher external environment. * Majors have been slashing costs to protect dividend (Adds comment from BP, details about salaries).
Shares in Flybe lost more than a fifth of their value after the British budget airline warned that it would not make a profit this year, after being locked into higher fuel prices and falling passenger revenue.