ECONOMY

EDF raises energy prices by 10.8%

EDF raises energy prices by 10.8%

The fifth of the big six energy companies to announce their price plans to customers, EDF Energy has confirmed that they will hike up the price of gas and electricity by 10.8 per cent from 7 December.
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UK economy growth ‘strongest quarter in five years’

UK economy growth 'strongest quarter in five years'

Promising figures posted today by the Office of National Statistics show that the UK economy grew 1% in the third quarter, according to official gross domestic product figures, which measures the value of everything produced in the country.
Rosneft buys TNK Unit from BP

Rosneft buys TNK Unit from BP

Rosneft, Russia's state-controlled energy firm, is one step closer to becoming the world's biggest oil company after reaching a $55bn deal with BP and a group of investors.