Energy regulator Ofgem is confusing consumers by publishing inaccurately high estimates of company profits, Centrica has claimed, as it said British Gas earnings had slumped by a quarter in the warm first half of the year.
Lloyds' bill for compensating payment protection insurance customers smashed through the �10 billion barrier today, taking the shine off City forecast-beating first-half results.
LONDON, July 31 (Reuters) - Anglo Dutch oil company Royal Dutch Shell will show no mercy to underperforming oil refineries in Europe as it seeks to improve returns, its chief executive said on Thursday.
Carillion has insisted that its proposed �combination� with Balfour Beatty is still a possibility, despite an earlier statement from its potential partner saying the deal was dead.
Osman Shahenshah, chief executive officer of Afren, has been suspended, while investigations continue. Photograph: Bloomberg/Bloomberg via Getty Images.