Two power generation companies are to pay penalties totalling �39m after failing to meet energy saving targets for low-income households.
LONDON (Reuters) - The annual rate of increase in British house prices fell to its lowest level in nearly a year this month as the property market continued to lose momentum, figures from mortgage lender Nationwide showed on Friday.
Shares in some of the world's biggest energy groups have fallen sharply amid warnings that the plunge in oil prices in the wake of Opec's decision could lead to up to $100bn cuts in capital spending worldwide.
Pennon Group Plc (PNN), the third-largest publicly traded water company in the U.K., said first-half profit fell 10 percent on lower earnings from its Viridor waste operations and a price freeze at its South West subsidiary.
Visitors arrive for a media preview of Legoland Malaysia at Nusajaya in the southern state of Johor September 14, 2012. Credit: Reuters/Edgar Su.