Cable warns recovery is a marathon, not a sprint as Britain misses triple-dip recession by a whisker Overall figures better than expected easing pressure on George OsborneEconomy overall grew by 0.3% but construction slumps by 2.5% Deputy PM Nick Clegg warns: 'We're not out of the woods yet'Labour blames coalition for slowest recovery for 100 years Government borrowing remains stubbornly high at 120billionTory MPs accuse coalition of being 'timid' and 'complacent' about growth IMF urged Britain to rethink pace of cuts in face of sluggish recovery . The service industries including hotels and transport accounted for most of the growth in the economy, while construction suffered a 2.5 per cent slump Business Secretary Vince Cable said the 'road to recovery would be a marathon, not a sprint' while Deputy Prime Minister Nick Clegg insisted the economy was not out of the woods yet A recession is defined as two consecutive quarters of decline and Britain has suffered two since the financial crisis struck – the first in 2008-09 and the second in 2011-12.
Chris Huhne and Vicky Pryce could be released from prison within weeks after serving just two months of speeding points sentenceThe pair are expected to be released on electronic tag in May Former energy secretary is serving an eight-month jail sentenceHe and his ex-wife were both jailed last month after it emerged she had taken speeding points on his behalf a decade earlierProsecution say legal bill has been inflated by the 'enormous amount of work' put in by the CPS and police Huhne's legal team offers 25,000, which they say is 'arguably generous' By Chris Greenwood PUBLISHED: 13:15 GMT, 22 April 2013 | UPDATED: 23:42 GMT, 22 April 2013 Carina Trimingham leaving Southwark Crown Court today, as it emerges Chris Huhnewalk would walk free from prison next month Chris Huhne and his former wife Vicky Pryce are due to walk free from jail within weeks after serving only two months of their eight-month sentences.
16m pay bonanza for five British Gas bosses: Windfall came just weeks after inflation-busting price increases Chief executive Sam Laidlaw is handed 5million Figures emerge in Centrica's annual report showing British Gas made 606million profitOfgem predict the average gas and electricity bill will rise to 1,420 by end of next year was 1,188 and customers have seen their prices double over the last seven years. A total of 2.5million families are estimated to live in ‘fuel poverty’, which means they have to spend more than 10 per cent of their income on their energy bill
'I won't let gas firms hike prices': Energy Minister warns power chiefs they should not uses cold snap as excuse to increase fuel bills By Daily Mail Reporter PUBLISHED: 01:01 GMT, 24 March 2013 | UPDATED: 12:04 GMT, 24 March 2013 Energy Minister John Hayes warned power chiefs should not use the cold snap and shortage of gas reserves as an excuse to increase fuel bills 'Ruthless' power chiefs should not use the cold snap and shortage of gas reserves as an excuse to increase fuel bills, the Energy Minister warned last night.
Npower's profits surge 25% to 390m just months after it imposes huge price rises German-owned company saw profits soar by 77million from 313millionIncreased gas tariffs by 8.8% in November and electricity by 9.1%The company's price rises pushed the average bill up by 108 to 1,352Bosses blamed government policy, including green energy plans, for risesMP on Commons energy select committee described profits as 'despicable' , taking its total up to 606million. Profits at parent company Centrica rose 14 per cent to 2.7billion. Britain’s six biggest power firms insist they must make strong profits to finance 150billion of spending on rebuilding Britain’s energy supply
British Gas under fire for raking in 50 profit per household just months after hiking bills… and the boss looks forward to walking away with 10m Company profits for 2012 have soared to 606million But price rises for 12million customers could come as early as next winterShadow Energy Secretary says market too dominated by 'big six' firmsCaroline Flint called for tough regulation so public don't feel 'manipulated'Campaigners say consumers feel 'resentment and dread' as bills still rise will be used to help fund a 10million package in pay, shares and pension pot for departing boss Phil Bentley, who will leave the business in June.
Profits up 11 per cent but British Gas plans another price increase… as bosses line up a 10million windfall Company profits for 2012 soared to 606million But price rises for 12million customers could come as early as next winter have soared by 11 per cent on the previous year to 606million.
One in 10 Britons now eats three meals a day at work – and gains a STONE in weight as a resultHalf of us eat both breakfast and lunch at our desksAnd tuck into our first snack by 10am20% of regularly raid the vending machine at work By Anna Hodgekiss PUBLISHED: 18:24 GMT, 25 February 2013 | UPDATED: 03:02 GMT, 26 February 2013 Millions of workers are putting in such long hours they are eating breakfast, lunch and dinner at their desk, a survey has found. The mad dash to get to work in the morning means many of us grab something from the fridge and take it to work to eat on arrival. Most pop out to buy lunch before hurrying back to eat it at their desk in order to stay on top of the to-do list
British Gas owners face backlash after reports suggest they will announce 15% surge in profits Parent company Centrica is about to announce profits of 2.8billionThey are also under fire over payments worth more than 10million made to departing British Gas boss, Phil Bentley The PM announced gas firms will have to simplify tariffs for customers . Profit bonanza: The parent company of British Gas faces a backlash amid reports it is to announce a 15 per cent increase in profits on the back of spiralling bills for struggling customers The company is also under fire over payments to the departing British Gas boss, Phil Bentley, who is predicted to walk away with a package of pay, shares and a pension pot together worth more than 10million.
Why doing the washing on a windy day could save you money: Energy firms plan alert system to tell customers when electricity is cheaper Energy firms are to let customers know when it is cheapest to do their washingThe year-long trial aims to find out if people will respond to being told which days are 'greener'The Energy Saving Trust estimates that customers can save 250 by using appliances more efficiently By Ben Spencer PUBLISHED: 01:51 GMT, 14 February 2013 | UPDATED: 02:06 GMT, 14 February 2013 The trial aims to find out if people will do their washing on 'green' days when it is windy Windy days have always been the time to do your washing, washerwomen of old hanging out clothes in the breeze so they dried quicker. And that tradition is set to continue long into the future – because putting the washing machine on could be cheaper when it is windy. Energy firms are trying out a system which alerts customers when electricity prices are cheaper because wind conditions mean green power is cheap and plentiful.