Hinkley Point Nuclear Plant Deal To Go Ahead

Critics warn that a landmark deal to build Britain's first new nuclear plant in a generation could push up household bills. A consortium led by French firm EDF energy, which includes Chinese investors, will build the Hinkley Point C plant in Somerset....

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Npower Energy Bills Up 11% Before Christmas

Energy giant npower has announced an increase in household tariffs of 9.3% for electricity and 11.1% for gas. The price rise will be imposed from December 1. Chief executive Paul Massara said: "This has been a really hard decision for us and I know...

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HS2 Rail Link: 'Cities Could Lose Up To £220m'

Some cities in the UK could lose as much as £220m if a new high-speed rail link is built, previously unseen figures have shown. If HS2 goes ahead, it will leave more than 50 areas worse off - details that were omitted from a Government-commissioned...

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JPMorgan Facing Record £8bn Fine: Reports

One of America's biggest banks is facing a record $13bn (£8bn) fine for mis-selling mortgage-backed securities in the run up to the 2008 financial crisis, say US reports. A tentative deal has reportedly been reached between JPMorgan and the US Justice...

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Energy Bills: Welby Slams 'Severe' Price Rises

The Archbishop of Canterbury has launched a stinging attack on Britain's energy firms, warning the latest round of price hikes seem to be "inexplicable". Justin Welby insisted the so-called Big Six energy companies had an obligation to behave morally...

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London House Prices Leap 10% In Just A Month

London house prices are said to have soared to a new high this month, beating their previous record by nearly £30,000 and fuelling fears that the capital is overheating. Property website Rightmove said asking prices in the capital saw an "unsustainable"...

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Tesco Vows To Cut Waste Food Mountain

Every family in the UK wastes an estimated £700 a year throwing away food, according to Tesco, which is launching a campaign to help curb the problem. The supermarket's first ever food waste figures for its operations reveal that in the first six months...

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Tourist Attraction Firm Merlin In Float Plan

The company behind some of Britain's biggest tourist has announced plans to float on the London stock market. Private equity-owned Merlin Entertainments, which operates sites including the London Eye, Madame Tussauds and Alton Towers, announced the...

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Providence Secures £450m London Theatre Coup

By Mark Kleinman, City Editor Providence Equity Partners, a US investment firm, is to become the most influential player on the London stage by securing a takeover of the West End's biggest theatre group. Sky News has learnt that Providence is...

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Rescue Plan Leaves Co-op With 30% Bank Stake

The Co-operative Group is to lose overall control of its banking arm amid a funding struggle, Sky sources have confirmed. The Co-op will be left with only a 30% stake in the bank, according to Sky News City Editor Mark Kleinman. An announcement is...

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