A rise of 10% in the amount of gas used by British Gas customers to see off the winter chill was not enough to make up for the poor performance in owner Centrica's upstream business, where it has been hit by the record low oil price, it revealed today.
LONDON--With its $70 billion deal to buy BG Group PLC, Royal Dutch Shell PLC will attempt something altogether new for the 108-year-old energy giant: absorbing a huge company.
When China released its tabulation of first-quarter growth earlier this month, the 7 per cent figure�the worst in six years�stirred fears of a deepening slowdown.
LONDON (Reuters) - The FTSE steadied on Monday, supported by a rise in HSBC but falling short of record highs as traders said housing reform proposals by the Labour Party had caused a pullback in property stocks.
Britain's largest banks can expect to face "conduct and litigation" charges once a year, according to rating agency Standard & Poor's as the regulatory landscape toughens.