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  • Hinkley nuclear plant deal officially signed in London

    Government ministers and stakeholders from the UK, France and China have attended a ceremony to officially agree the £18bn Hinkley Point C nuclear power station. A so-called contract for difference was signed in London by business secretary Greg Clark, Jean-Bernard Levy, chairman of French energy firm EDF (Paris: FR0010242511 …

  • Deal signed for giant UK nuclear project

    (Front row LtoR) EDF Group CEO Jean-Bernard Levy, Britain's Business Minister Greg Clark, and China General Nuclear Corporation Chairman, He Yu, sign paperwork as they attend a signing ceremony in London, ...

  • A $24-billion deal to build Britain's first new nuclear power station in decades was signed behind closed doors in London on Thursday in a private ceremony that underlined Prime Minister Theresa May's cautious approach to the Franco-Chinese project. Journalists were not invited to the event but the government said the …

  • Deal signed for Britain's Hinkley Point nuclear power station

    A computer generated image shows EDF's two proposed nuclear reactors at the Hinkley Point power plant in southwest England

  • French Foreign Minister Jean-Marc Ayrault, in London to take part in the formal signing ceremony for the Hinkley Point nuclear power plant project, said it was a good deal for Britain and France despite widespread reservations. New British Prime Theresa May unexpectedly put the Hinkley Point project on hold in July when …

  • Deal signed for Britain's Hinkley Point nuclear power station

    A computer-generated image shows EDF's two proposed nuclear reactors at the Hinkley Point power plant in southwest England

  • HIGHGRADE CLOSE-Four issuers raise US$6.4bn in IG primary Reuters - UK Focus - Wed, Sep 28, 2016 21:39 BST

    * CK Hutchison debuts with US$1.25bn bond * Most actively traded: Molson 3% 2026s * Monthly issuance: US$140.084bn * Volumes now US$3.8bn away from Sept record * Viacom and Fortis expected to come Thursday ...

  • Britain, France to sign Hinkley Point nuclear deal on Thursday -sources Reuters - UK Focus - Wed, Sep 28, 2016 18:05 BST

    LONDON/PARIS, Sept 28 (Reuters) - The British government and France's EDF (Paris: FR0010242511 - news) will officially sign a contract to build Britain's first new nuclear power plant in a generation on Thursday, after months of wrangling over the involvement of EDF's Chinese partner, sources said. British, French and …

  • EU mergers and takeovers (Sept 28) Reuters - UK Focus - Wed, Sep 28, 2016 15:36 BST

    The following are mergers under review by the European Commission and a brief guide to the EU merger process: APPROVALS AND WITHDRAWALS -- Deutsche Boerse and the London Stock Exchange plan to merge NEW ...

  • UK energy regulator Ofgem told potential buyers of a majority stake in National Grid (LSE: NG.L - news) 's four gas networks and part of utility SSE (LSE: SSE.L - news) 's SGN network on Wednesday that price controls for the period after 2021 have not yet been set, SSE said. Ofgem is reminding bidders that any premium …

  • EDF board confirms approval for Hinkley Point decision Reuters - UK Focus - Tue, Sep 27, 2016 23:37 BST

    The board of French state-controlled utility EDF on Tuesday confirmed its approval to go ahead with the Hinkley Point nuclear project in Britain, EDF said in a statement. EDF Chief Executive and chairman of the board Jean-Bernard Levy had submitted the project to a vote again after the British government earlier this month …

  • EDF says board confirms approval for Hinkley Point Reuters - UK Focus - Tue, Sep 27, 2016 22:20 BST

    French state-controlled utility EDF (Paris: FR0010242511 - news) said in a statement on Tuesday that its board of directors had confirmed its approval of the Hinkley Point project to build two nuclear reactors in Britain. "The EDF Board has today confirmed that the conditions set out at its meeting on 28th July 2016 are …

  • The board of French state-controlled utility EDF (Paris: FR0010242511 - news) on Tuesday confirmed its approval to go ahead with the Hinkley Point nuclear project in Britain, two sources familiar with the situation told Reuters. Management had submitted the project to a vote again after the British government earlier …

  • Centrica in process of selling Canada oil and gas assets - spokesman Reuters - UK Focus - Mon, Sep 26, 2016 17:57 BST

    Centrica (Frankfurt: A0DK6K - news) , Britain's largest utility company, is in the process of selling all of its Canadian oil and gas assets and exiting operations in the country, a company spokesman said on Monday. Centrica and its joint venture partner, Qatar Petroleum, started the sales in process in July, spokesman …

  • Four British power firms call for carbon tax extension Reuters - UK Focus - Mon, Sep 26, 2016 15:22 BST

    Four British power generators have called on the government to maintain the country's carbon tax until at least 2025, according to a letter seen by Reuters, putting them at odds with industrial groups who want it scrapped. The carbon tax is paid by power generators for each tonne of carbon dioxide (CO2) they emit, and …

  • EDF, Britain to sign Hinkley Point contracts Thursday-Les Echos Reuters - UK Focus - Fri, Sep 23, 2016 18:36 BST

    French state-controlled utility EDF (Paris: FR0010242511 - news) has agreed to sign contracts with the British government for its Hinkley Point nuclear project on Thursday, French financial daily Les Echos reported. The signing ceremony will take place in London, not in Somerset as it had been planned in July before the …

  • Li Ka-Shing could face regulatory snag on National Grid deal - sources Reuters - UK Focus - Fri, Sep 23, 2016 18:03 BST

    Hong Kong billionaire Li Ka-Shing is likely to face significant regulatory hurdles if he bids for a stake in National Grid (LSE: NG.L - news) 's British gas networks, banking and industry sources said, because of similar assets he already owns. Li's Cheung Kong Infrastructure Holdings Ltd is preparing a bid for a majority …

  • Hinkley Point a boost to UK steel, but not a game changer Reuters - UK Focus - Fri, Sep 23, 2016 17:28 BST

    UK steelmakers are likely to win deals to supply the 18 billion pound ($23 billion) nuclear power plant at Hinkley Point, although that may not be enough to bolster Britain's troubled steel sector, industry experts say. Helped rising steel prices and a falling pound making exports more competitive (.HRC-NED=SI), UK steel …

  • Allianz-Snam win bid for 49 pct of OMV's Gas Connect Austria Reuters - UK Focus - Thu, Sep 22, 2016 18:19 BST

    Germany's Allianz and Italian gas grid company Snam said they will buy 49 percent of pipeline company Gas Connect Austria from energy group OMV for 601 million euros , confirming an earlier Reuters report. ...

  • European shares buoyed by miners as Fed keeps rates unchanged Reuters - UK Focus - Thu, Sep 22, 2016 17:08 BST

    European shares climbed to a two-week high on Thursday, boosted by a rally in mining stocks, after the U.S. Federal Reserve left interest rates unchanged and projected a less aggressive path for hikes next year and in 2018. The Fed, however, signalled it could still tighten monetary policy by the end of this year as the …

  • Snam-Allianz consortium wins bid for 49 pct of Gas Connect Austria Reuters - UK Focus - Thu, Sep 22, 2016 17:06 BST

    Italian gas grid company Snam said on Thursday its bid with Allianz to buy a 49 percent stake in pipeline company Gas Connect Austria had been successful, confirming what sources previously told Reuters. ...

  • EU mergers and takeovers (Sept 22) Reuters - UK Focus - Thu, Sep 22, 2016 12:10 BST

    The following are mergers under review by the European Commission and a brief guide to the EU merger process: APPROVALS AND WITHDRAWALS -- Czech investor EPH and private equity group PPF Investments to ...

  • UK utilities' complaints handling fuels customer exodus-Ofgem Reuters - UK Focus - Thu, Sep 22, 2016 12:03 BST

    Britain's Big Six energy utilities are driving nearly half of their customers to seek alternative suppliers because of a poorer handling of complaints, energy regulator Ofgem said. While complaint numbers have halved since 2014, those who do complain are significantly less satisfied with the response, citing agents breaking …

  • European shares touch 2-week high as Fed keeps rates unchanged Reuters - UK Focus - Thu, Sep 22, 2016 09:09 BST

    European shares climbed to a two-week high on Thursday, boosted by a rally in mining equities, after the U.S. Federal Reserve left interest rates unchanged and projected a less aggressive path for hikes next year and in 2018. The Fed, however, signaled it could still tighten monetary policy by the end of this year as the …

  • Britain's first new gas plant in 3 years starts power production Reuters - UK Focus - Wed, Sep 21, 2016 16:20 BST

    Britain's first new large gas plant in three years began electricity generation this week, the owner of the Carrington plant near Manchester said. The plant, with a capacity of 880 megawatts, can generate enough electricity to power around 1 million homes. "Carrington Power Station is the first large-scale gas-fired …

  • EU mergers and takeovers (Sept 20) Reuters - UK Focus - Tue, Sep 20, 2016 16:45 BST

    The following are mergers under review by the European Commission and a brief guide to the EU merger process: APPROVALS AND WITHDRAWALS -- Computer Sciences Corp to merge with Hewlett Packard Enterprise's ...

  • Should you pile into this utility company right now?

  • Should you buy Mitie Group plc (LON: MTO) or another high-yielder after today's news?

  • Ex-divs to take 0.5 points off FTSE 100 on Sep. 22 Reuters - UK Focus - Mon, Sep 19, 2016 10:38 BST

    The following FTSE 100 companies will go ex-dividend on Thursday, after which investors will no longer qualify for the latest dividend payout. According to Reuters calculations at current market prices, ...

  • Questor: Hinkley boost for Brexit-hammered construction group Kier

  • EDF says on track to build UK's Hinkley nuclear plant by 2025 Reuters - UK Focus - Fri, Sep 16, 2016 10:50 BST

    French utility EDF expects to complete the 18 billion pound Hinkley nuclear project in Britain in 2025, Vincent de Rivaz, CEO of EDF Energy, said on Friday. The British government gave final approval for ...

  • Hinkley Point: a huge nuclear gamble for France AFP - Thu, Sep 15, 2016 19:59 BST
    Hinkley Point: a huge nuclear gamble for France

    Britain's government gave the green light to the controversial Chinese-backed Hinkley Point nuclear power plant on September 15, 2016

  • NuGen looking for 12-15 bln pounds nuclear investment by end 2018- CEO Reuters - UK Focus - Thu, Sep 15, 2016 18:33 BST

    NuGen, a joint venture between Japan's Toshiba (Swiss: TOSH.SW - news) and France's Engie (LSE: 0LD0.L - news) , is looking for financing worth 12 to 15 billion pounds ($20 billion) to build three nuclear reactors in Britain, its CEO said on Thursday. Tom Samson, who became NuGen chief mid-2015, said the firm wants to …

  • Europe stocks in black as traders eye central banks AFP - Thu, Sep 15, 2016 18:14 BST
    Dimming Fed rate hike odds boost US, European stocks

    The Bank of England opted to keep its key interest rate at a record-low 0.25 percent

  • Britain approves Hinkley Point nuclear deal AFP - Thu, Sep 15, 2016 17:54 BST
    Deal signed for Britain's Hinkley Point nuclear power station

    A computer generated image shows EDF's two proposed nuclear reactors at the Hinkley Point power plant in southwest England

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