LONDON: Profit margins of big six British energy groups are expected to rise to 9 percent this year after wholesale prices tumbled.
The energy regulator said that it expected suppliers to make £114 annual profit per household using electricity and gas, which reflects a 9 per cent margin, in the next 12 months.
This is £9 more per household than Ofgem estimated in November, while estimated margins have more than doubled in the past two years.
President Zardari rejects FBR demand for surety bonds before tax refunds
ISLAMABAD: President Asif Ali Zardari has dismissed a representation filed by the Federal Board of Revenue (FBR) against the Federal...
