Not only is Germany outpacing its rivals, it is also racking up a record budget surplus. New figures show that Germany ran a net surplus of €23.7bn last year, which is the highest surplus achieved since reunification in 19990.
British Gas has said the competitive nature of the UK's energy market was one of the reasons why its profits fell last year. Operating profits at its residential energy supply business fell 11% last year to �553m, from �623m in 2015.
The expansion of Heathrow can only be justified if the government proves it will not breach laws on climate change and pollution, according to a group of MPs.
“There's no sense of complacency here, that we've got this done and we are finished,” he cautioned. “We're rightly pleased with these results and the progress we've made over the last few years.
Passengers at passport control in Heathrow airport. The figures in December showed annual immigration had reached 650,000. Photograph: Alamy.