Hotel price comparison startup Lodgeo eyes £10m fundraise after launch

first_img whatsapp Oliver Smith whatsapp Sunday 26 October 2014 11:46 pm Read This NextRicky Schroder Calls Foo Fighters’ Dave Grohl ‘Ignorant Punk’ forThe Wrap’Small Axe’: Behind the Music Everyone Grooved On in Steve McQueen’sThe WrapCNN’s Brian Stelter Draws Criticism for Asking Jen Psaki: ‘What Does theThe WrapPink Floyd’s Roger Waters Denies Zuckerberg’s Request to Use Song in Ad:The Wrap2 HFPA Members Resign Citing a Culture of ‘Corruption and Verbal Abuse’The WrapNew England Patriots’ Cam Newton says no extra motivation from Mac Jones’SportsnautDid Donald Trump Wear His Pants Backwards? Kriss Kross Memes Have AlreadyThe WrapHarvey Weinstein to Be Extradited to California to Face Sexual AssaultThe Wrap’Black Widow’ First Reactions: ‘This Is Like the MCU’s Bond Movie’The Wrap Hotel price comparison startup Lodgeo eyes £10m fundraise after launch Show Comments ▼ Lodgeo, the recently launched price comparison mobile app for hotel rooms, is preparing to raise up to £10m through a funding round advised by Catalyst Corporate Finance.The app was launched last month with £2m in funding from Javest Investment fund, the Amsterdam venture capital fund, and a number of named individual investors. Lodgeo’s founder Ines Djelassi, who previously launched independent hotel aggregator Hotel Solutions Direct before selling it to Investcorp’s internet travel company Eviivo in 2012, says the funds will go mostly towards promoting the brand. “It’s roughly around 30 per cent towards research, development and hiring the team, and the rest on marketing and advertising to position the product and the brand,” Djelassi told City A.M. “A normal price comparison website will display prices and information, but once you are redirected to a third-party website to book, that information can change and the price can be higher.” “With Lodgeo you can see the price and you can book right then and there… so we are not misleading the user in any way which is quite unique.” Share Tags: Startupslast_img read more

Lynne Featherstone moves up after Norman Baker’s exit

first_imgInternational development minister Lynne Featherstone has been promoted to minister of crime prevention at the Home Office, after Norman Baker quit yesterday. Featherstone will pick up the brief from her Lib Dem colleague who left the coalition after four-and-a-half years as a minister.  Baker, whose resignation letter said working with Home Secretary Theresa May was like “walking through mud” and that being a Lib Dem in the department was “like being the only hippy at an Iron Maiden concert”, left after his drugs report was effectively shelved.  Featherstone, who also spent two years as equalities minister at the Home Office, is being replaced by Baroness Northover of Cissbury.  Meanwhile Lib Dem MP Lorely Burt has been appointed assistant government whip, as has Tom Brake, after the departures of Jenny Willott and Mark Hunter. Brake takes the role on in addition to his current position as deputy leader of the House of Commons.  Baroness Garden of Frognal will also become a government whip.   Share Catherine Neilan whatsapp More From Our Partners Russell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgFlorida woman allegedly crashes children’s birthday party, rapes teennypost.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgMark Eaton, former NBA All-Star, dead at 64nypost.comBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.orgA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comBiden received funds from top Russia lobbyist before Nord Stream 2 giveawaynypost.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgKiller drone ‘hunted down a human target’ without being told tonypost.comSidney Crosby, Alex Ovechkin are graying and frayingnypost.comSupermodel Anne Vyalitsyna claims income drop, pushes for child supportnypost.com‘Neighbor from hell’ faces new charges after scaring off home buyersnypost.comI blew off Adam Sandler 22 years ago — and it’s my biggest regretnypost.comUK teen died on school trip after teachers allegedly refused her pleasnypost.com980-foot skyscraper sways in China, prompting panic and evacuationsnypost.comMatt Gaetz swindled by ‘malicious actors’ in $155K boat sale boondogglenypost.comInside Ashton Kutcher and Mila Kunis’ not-so-average farmhouse estatenypost.com Lynne Featherstone moves up after Norman Baker’s exit whatsapp Show Comments ▼ Tuesday 4 November 2014 8:46 am Tags: NULLlast_img read more

City jobs drive UK productivity as sector grows: Average finance worker contributes £85,000 to the economy each year

first_img Show Comments ▼ Sunday 21 December 2014 11:57 pm Express KCS City jobs drive UK productivity as sector grows: Average finance worker contributes £85,000 to the economy each year whatsappcenter_img whatsapp The City is continuing to punch above its weight to boost productivity in the economy, figures out today reveal.Around 2.1m people now work in the finance and professional services industry across the nation.  This represents only 7.2 per cent of the UK’s workforce, but contributes 12 per cent of the UK’s £1.5 trillion total GDP. Figures by TheCityUK, based on 2013 year-end ONS data, found the average worker in financial and related professional services contributes £85,000 to the UK economy per year – nearly double the £47,000 UK average. The industry continued to rebound from the financial crisis, with employment levels at their highest since the onset of the crash and an additional 34,000 new jobs created in 2013.  Of that, 16,000 were based in London. Just under half of these were in the government-touted northern  powerhouse of the regions around Manchester, Leeds, Liverpool and Newcastle, underlining chancellor George Osborne’s focus on creating another centre to balance London. However, the same data showed Leeds, Liverpool and Newcastle had a net loss of jobs in the sector. Chris Cummings, chief executive of TheCityUK, said: “These figures emphasise the significant contribution the financial and related professional services industry makes to the UK’s  economy and its central role in driving economic growth. “It is vital that the UK continues to remain an attractive  destination for foreign direct investment and that its status as a leading international financial centre is maintained… It is also critical to ensure the ongoing competitiveness of the UK and its ability to continue to create jobs and build a strong growing economy.”   Share Tags: Northern powerhouse projectlast_img read more

HSS IPO: Tool hire firm aims to defy nervous markets with healthy retail investor base

first_img by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeMaternity WeekA Letter From The Devil Written By A Possessed Nun In 1676 Has Been TranslatedMaternity WeekMoneyPailShe Was A Star, Now She Works In ScottsdaleMoneyPailElite HeraldExperts Discover Girl Born From Two Different SpeciesElite Heraldzenherald.comMeghan Markle Changed This Major Detail On Archies Birth Certificatezenherald.comBeverly Hills MDPlastic Surgeon Explains: “Doing This Every Morning Can Snap Back Sagging Skin” (No Creams Needed)Beverly Hills MDNoteableyKirstie Alley Is So Skinny Now And Looks Like A BarbieNoteableyUltimate Pet Nutrition Nutra Thrive SupplementIf Your Dog Eats Grass (Do This Every Day)Ultimate Pet Nutrition Nutra Thrive SupplementEquity MirrorThey Drained Niagara Falls — They Weren’t Prepared For This Sickening DiscoveryEquity MirrorVikings: Free Online GameIf you’re over 50 – this game is a must!Vikings: Free Online Game Tool hire firm HSS will endeavour to cover the book today in its stock market flotation, with sources close to the deal staying confident despite nervous markets.The FTSE has had a slow start to 2015, and volatility in autumn 2014 hit some floats. In addition, some institutions have told City A.M. HSS is over-priced with a range of 210p to 262p valuing it at up to £406m.But sources close to the flotation insist they have had strong participation from British and American investors.“We’ve not seen this level of interest for quite some time,” said one insider. “You never get every big institution in town signing up to a deal of this size, but there is very material interest.”Other recent floats aimed at retail investors have been scaled back, with Pets at Home cutting the retail offer from 15 per cent to three per cent, and TheTrainline.com selling to private equity instead of the public.HSS has advertised heavily at retail investors in a bid to show the firm is serious about attracting small buyers.“I wouldn’t expect more than 50 per cent of the shares to go to retail, but it could easily be more than 25 or 30 per cent,” said a source with knowledge of the situation.If the float goes ahead, conditional trading will begin on Wednesday. Express KCS Read This Next’A Quiet Place Part II’ Sets Pandemic Record in Debut WeekendFamily ProofHiking Gadgets: Amazon Deals Perfect For Your Next AdventureFamily ProofAmazon roars for MGM’s lion, paying $8.45 billion for studio behind JamesFamily ProofIndian Spiced Vegetable Nuggets: Recipes Worth CookingFamily ProofCheese Crostini: Delicious Recipes Worth CookingFamily ProofHomemade Tomato Soup: Delicious Recipes Worth CookingFamily ProofWhat to Know About ‘Loki’ Ahead of Disney+ Premier on June 9Family ProofChicken Bao: Delicious Recipes Worth CookingFamily ProofBaked Sesame Salmon: Recipes Worth CookingFamily Proof Share whatsapp center_img HSS IPO: Tool hire firm aims to defy nervous markets with healthy retail investor base whatsapp Show Comments ▼ Sunday 1 February 2015 11:20 pm Tags: HSS Hirelast_img read more

Miliband vows to end non-dom tax loophole

first_img Tags: NULL whatsapp Express KCS whatsapp Miliband vows to end non-dom tax loophole More From Our Partners Colin Kaepernick to publish book on abolishing the policethegrio.comRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.orgLA news reporter doesn’t seem to recognize actor Mark Currythegrio.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgPorsha Williams engaged to ex-husband of ‘RHOA’ co-star Falynn Guobadiathegrio.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgInstitutional Investors Turn To Options to Bet Against AMCvaluewalk.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.org Ed Miliband will today vow to abolish the non-domicile rule that allows many of the UK’s richest perm­anent residents to avoid paying tax in the UK on their global income. This could affect the likes of HSBC’s chief executive Stuart Gulliver, who can claim the status because he previously worked in Hong Kong. Share Tuesday 7 April 2015 9:12 pm Show Comments ▼last_img read more

General Election 2015: What are the parties tweeting about?

first_img by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeMoneyPailShe Was A Star, Now She Works In ScottsdaleMoneyPailMaternity WeekA Letter From The Devil Written By A Possessed Nun In 1676 Has Been TranslatedMaternity Weekzenherald.comMeghan Markle Changed This Major Detail On Archies Birth Certificatezenherald.comComedyAbandoned Submarines Floating Around the WorldComedyForbesThese 10 Colleges Have Produced The Most Billionaire AlumniForbesNoteableyKirstie Alley Is So Skinny Now And Looks Like A BarbieNoteableyEquity MirrorThey Drained Niagara Falls — They Weren’t Prepared For This Sickening DiscoveryEquity MirrorBridesBlushThis Is Why The Royal Family Kept Quiet About Prince Harry’s Sister BridesBlushTotal PastAfter Céline Dion’s Major Weight Loss, She Confirms What We Suspected All AlongTotal Past Thursday 9 April 2015 10:23 am ashley.kirk Show Comments ▼ Tags: General Election 2015 Voters may complain about a certain homogeneity, but there are clear differences between Westminster’s biggest parties in the first week of campaigning – according to their Twitter accounts, at least. In the week since the leaders’ debate, the Conservatives, Labour and the Liberal Democrats have each tried to steer the General Election conversation in their own direction.  We had a look at their pages to see how they were campaigning on social media.ConservativesIn the last week, the Tories’ Twitter has mentioned Miliband 105 times. The name dominates the account, showing how the party is trying to attack the Labour leader himself.Phrases such as “clear choice” and “chaos” appear, replicating the rhetoric that the party is pushing. “Chaos” links to the Conservatives’ claim to discredit a possible Labour-SNP deal – saying it would be chaotic for the UK. It is a key part of the last week of campaigning, with #ScotDebates featuring highly.Several hashtags have been used by the party, including #Ballsup, trying to rally support across social media platforms. “Economy” and “money” also feature highly, showing how the Conservatives are playing up to their perceived strengths.LabourCameron was mentioned 43 times by the Labour party – less than half the number of times the Tories mentioned Miliband.Compared with the Conservative party’s “economy” fixation, the NHS is much more visible in Labour’s Twitter account. It shows how the party sees this as a strong point for them, with polls suggesting the public trusts Labour more on health. “Non-dom” also features heavily, representing yesterday’s announcement Labour will abolish the tax status. Again, the party’s Twitter account matches its rhetoric, with words such as “unfair” and “better” appearing frequently to try and persuade voters.  Lib DemsThe Liberal Democrats are also spending a lot of time on Twitter attacking other parties. While Miliband and Cameron personally do not feature as much, the two main parties do. The Lib Dems have used #WeHaveNotForgotten to attack Labour’s record in government. “Tax” is mentioned 84 times on the Lib Dems’ Twitter account, with the party keen to push its stance as the fair choice situated in the centre-ground of politics. The account tweeted a lot on the #ScotDebate, perhaps indicating how they are trying to keep seats north of the border – despite polls suggesting they will be wiped away by the SNP. whatsapp whatsapp General Election 2015: What are the parties tweeting about? Sharelast_img read more

If music be the food of city business

first_img If music be the food of city business BUSINESS rocks, according to the latest trend in corporate trouble shooting, which sees former Boots senior development manager Stuart Cross use his love of music to provide valuable business lessons. In his weekly Growth Riffs For Business Leaders newsletters, Cross delivers choice nuggets of rock-pop wisdom to more than 1,000 business leaders in the form of lyrics from the likes of Bruce Springsteen, the Kinks, The Kaiser Chiefs and, er… Diana Ross. Much like a great business model,“a great guitar riff is the hook that keeps you listening, keeping everything together but also driving the song along,”he said.Meanwhile, former Bank of England rate-setter Andrew Sentance continues to guitar strut and storm the city finance scene with his band RockInTheCity. Show Comments ▼ Monday 13 April 2015 9:00 pm whatsapp whatsapp More From Our Partners Police Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.orgFans call out hypocrisy as Tebow returns to NFL while Kaepernick is still outthegrio.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgFort Bragg soldier accused of killing another servicewoman over exthegrio.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgLA news reporter doesn’t seem to recognize actor Mark Currythegrio.comPorsha Williams engaged to ex-husband of ‘RHOA’ co-star Falynn Guobadiathegrio.comFlorida woman allegedly crashes children’s birthday party, rapes teennypost.comMan on bail for murder arrested after pet tiger escapes Houston homethegrio.com‘Neighbor from hell’ faces new charges after scaring off home buyersnypost.comInstitutional Investors Turn To Options to Bet Against AMCvaluewalk.comInside Ashton Kutcher and Mila Kunis’ not-so-average farmhouse estatenypost.comColin Kaepernick to publish book on abolishing the policethegrio.comSupermodel Anne Vyalitsyna claims income drop, pushes for child supportnypost.comKansas coach fired for using N-word toward Black playerthegrio.comKiller drone ‘hunted down a human target’ without being told tonypost.com Express KCS Share Tags: NULLlast_img read more

Confidence high in the Eurozone as Germany lifts growth forecast

first_imgWednesday 22 April 2015 9:01 pm Tags: Eurozone whatsapp THE EUROZONE economic outlook is becoming rosier, with confidence levels remaining high and Germany – the largest economy in the currency bloc – raising its growth expectations.German officials have raised their growth forecasts to 1.8 per cent this year, up from a 1.5 per cent forecast in January.The brighter outlook comes from the country’s low level of unemployment, which is expected to boost consumption. Economy Minister Sigmar Gabriel said exporters and Germany’s Mittlestant – small and medium sized enterprises – would benefit from cheap oil and a weaker euro.Eurozone consumer confidence eased back in April, after climbing to a 13-year high, according to figures released yesterday by the European Commission. The consumer confidence index edged down to a score of minus 4.6 in April from minus 3.7 in March. Confidence levels – as measured by the index – remain well above its long-term average of minus 13.1. Express KCS whatsapp Show Comments ▼ More From Our Partners Russell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comWhite House Again Downplays Fourth Possible Coronvirus Checkvaluewalk.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgSupermodel Anne Vyalitsyna claims income drop, pushes for child supportnypost.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgI blew off Adam Sandler 22 years ago — and it’s my biggest regretnypost.comBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.orgInstitutional Investors Turn To Options to Bet Against AMCvaluewalk.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgUK teen died on school trip after teachers allegedly refused her pleasnypost.comInside Ashton Kutcher and Mila Kunis’ not-so-average farmhouse estatenypost.comMatt Gaetz swindled by ‘malicious actors’ in $155K boat sale boondogglenypost.comFlorida woman allegedly crashes children’s birthday party, rapes teennypost.comPuffer fish snaps a selfie with lucky divernypost.comKiller drone ‘hunted down a human target’ without being told tonypost.com‘Neighbor from hell’ faces new charges after scaring off home buyersnypost.comWhy people are finding dryer sheets in their mailboxesnypost.comKamala Harris keeps list of reporters who don’t ‘understand’ her: reportnypost.com Confidence high in the Eurozone as Germany lifts growth forecast Sharelast_img read more

From Milifans to the Hound of Hounslow: here’s what got us talking this week

first_img by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeMoneyPailShe Was A Star, Now She Works In ScottsdaleMoneyPailzenherald.comMeghan Markle Changed This Major Detail On Archies Birth Certificatezenherald.comPost FunKate & Meghan Are Very Different Mothers, These Photos Prove ItPost FunMaternity WeekA Letter From The Devil Written By A Possessed Nun In 1676 Has Been TranslatedMaternity WeekInvestment GuruRemember Cote De Pablo? Take A Deep Breath Before You See Her NowInvestment GuruComedyAbandoned Submarines Floating Around the WorldComedyGameday NewsNBA Wife Turns Heads Wherever She GoesGameday NewsEquity MirrorThey Drained Niagara Falls — They Weren’t Prepared For This Sickening DiscoveryEquity MirrorOpulent ExpressHer Quadruplets Were Born Without A Hitch. Then Doctors Realized SomethingOpulent Express whatsapp Show Comments ▼ Emma Haslett It was the week which began with the transformation of the Labour leader into an idol (stop cringing at the back, please) and ended with HSBC threatening to leave these fair shores (again)….Here’s what got us talking this week1. ElectionThe election campaign trudges on wearily, with a little under two weeks until the big day. There was a little light relief this week, when the Milifan club went head-to-head with the Cameronettes. Then Grant Shapps was alleged to have edited his rivals’ Wikipedia pages to make them look worse. Busted.  Still: we’ve tried to make it interesting. We’ve got a detailed look at how each party wants to solve the housing crisis here – plus, we’ve ranked all UK’s MPs by how good they are on social media. 2. TescoTesco’s first quarter this week were worse than most analysts had feared – but in the event, it seems shareholders had been expecting something along those lines, because the supermarket’s share price spend the day yo-yoing (and here’s why it did). Never one to overstate things, new chief exec Dave Lewis said he was “not happy at all” with the massive loss it posted. Check out his sad face here. 3. The Hound of HounslowDepending on who you listen to, he’s either an international criminal mastermind who caused the Nasdaq’s biggest-ever one-day drop or a quiet bloke from West London who was in the wrong place at the wrong time (that’s what his former employer reckons, anyway). Either way, day trader Navinder Singh Sarao is in a lot of trouble.Until this week, most of us had forgotten about the flash crash of 2010 – here’s an explanation of how it happened – and here’s how much the whistleblower who informed on him stands to make. 4. The Apple watch has landedThe hallowed day has arrived: the Apple Watch has hit the shops. Or the postboxes. Or whatever it’s supposed to have done. While many are hanging back to see whether it makes an impact, app developers have already been hard at work – even though they haven’t had a prototype to work with. Check out our rundown of the best apps so far.5. More bank dramaAt £1.7bn, the fine handed out to Deutsche Bank by US and UK regulators was the largest ever in the rate-fixing scandal (and a huge amount more than the €1.5bn – about £1bn – it set aside for the penalty). As has become the tradition in these sorts of cases, the regulator published some of the “banter” that took place between rate-fixing traders. Warning: you’re going to cringe. Meanwhile, HSBC has had enough of this regulatory huffing and puffing: it announced it’s investigating whether or not to head off into the sunset. Admittedly, it’s made this threat a few times before – but here are five charts that show why it might actually mean it this time. Leisurely readsIt’s London Marathon weekend, which means the world’s greatest runners are heading to the capital. As Paula Radcliffe makes her last appearance, we’ve looked at her most impressive performances. Take a look here.  Seven months into the job, is Tesco chief executive Dave Lewis the right man to lead a turnaround? Despite this week’s car crash results, the City is impressed.  And as polling day approaches, there’s a lot of hand-wringing going on in business. But what about the rest of us? Should we be worried? We take a deep breath and try to decide…. From elsewhereTransport for London boss Sir Peter Hendy clearly isn’t one to mince his words: in an interview with Management Today magazine, he likens London’s train network to the Wild West. “They are s**t, awful,” he says. “And then every now and then some people who look like the Gestapo get on and fine everyone they can. It doesn’t improve your day, does it?”. Well, quite…  As Greece approaches yet another deadline to come up with reforms its lenders approve of, Yanis Varoufakis, its finance minister, takes to his blog to explain why the country’s leaders are resisting their demands. But he’s also optimistic: “The current disagreements with our partners are not unbridgeable,” he says. What would it feel like if you were on a rollecoaster shaped like Nasdaq’s share price chart since 1994? The Wall Street Journal has provided an answer to a question almost no one has ever asked. Nevertheless – it’s pretty entertaining. The last word whatsapp Share Friday 24 April 2015 12:00 pm From Milifans to the Hound of Hounslow: here’s what got us talking this week Tags: NULLlast_img read more

Colder weather boosts Centrica in first quarter

first_img Show Comments ▼ whatsapp by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeHealthyTed Health Magazine10 Surprising Benefits of Bananas You Possibly Didn’t Know AboutHealthyTed Health MagazineAll Things Auto | Search AdsNew Cadillac’s Finally On SaleAll Things Auto | Search AdsNext RefinanceThey Drained Niagara Falls — They Weren’t Prepared For This Sickening DiscoveryNext Refinancezenherald.comArchie Issued New Birth Certificate After Harry’s Title Revokedzenherald.comTaonga: The Island FarmThe Most Relaxing Farm Game of 2021. No InstallTaonga: The Island FarmMisterStoryWoman files for divorce after seeing this photoMisterStoryAtlantic MirrorA Kilimanjaro Discovery Has Proved This About The BibleAtlantic MirrorGundry MDTop Doc: Simple “Trick” To Help Fight FatigueGundry MDElite HeraldKate Middleton Just Dropped An Unexpected Baby BombshellElite Herald Monday 27 April 2015 9:28 pm More From Our Partners Police Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.orgWhite House Again Downplays Fourth Possible Coronvirus Checkvaluewalk.comBiden received funds from top Russia lobbyist before Nord Stream 2 giveawaynypost.comInstitutional Investors Turn To Options to Bet Against AMCvaluewalk.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgKiller drone ‘hunted down a human target’ without being told tonypost.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgMatt Gaetz swindled by ‘malicious actors’ in $155K boat sale boondogglenypost.comSupermodel Anne Vyalitsyna claims income drop, pushes for child supportnypost.com‘Neighbor from hell’ faces new charges after scaring off home buyersnypost.com980-foot skyscraper sways in China, prompting panic and evacuationsnypost.comUK teen died on school trip after teachers allegedly refused her pleasnypost.comInside Ashton Kutcher and Mila Kunis’ not-so-average farmhouse estatenypost.comFlorida woman allegedly crashes children’s birthday party, rapes teennypost.comFeds seized 18 devices from Rudy Giuliani and his employees in April raidnypost.comKamala Harris keeps list of reporters who don’t ‘understand’ her: reportnypost.com Express KCS center_img Share whatsapp Colder weather boosts Centrica in first quarter UTILITIES group Centrica delivered a more positive update to the market yesterday, following a profit warning and dividend cut announced along with its 2014 results in February, and said trading continues in line with previous guidance.The company said colder-than-usual weather in the UK and across North America in the year to date had led to higher than expected energy consumption in British Gas and Direct Energy, its US and Canada business. Average residential gas consumption by British Gas customers was 10 per cent higher year-on-year during the first three months of 2015, while average electricity consumption was up by two per cent. The group said its upstream gas and power business, Centrica Energy, continues to be “impacted by the low commodity price environment”. Centrica said it is still on track to meet a target of 25 per cent reduction in capital expenditure to around £800m in 2015, and a 40 per cent reduction to £650m next year.Meanwhile, the company also said it is continuing to engage with the Competition and Markets Authority (CMA) on its investigation into pricing in the UK energy market, with provisional findings expected before the end of June.Analysts at Whitman Howard said that “once the dust has settled” following the CMA review and upcoming General Election “the intrinsic value in Centrica should begin to feed through”.Shares in the company closed up by 1.74 per cent yesterday. Tags: NULLlast_img read more