LONDON: United Kingdom Prime Minister David Cameron is prepared to consider placing a temporary cap on the most expensive electricity bills after a watchdog concluded that customers were being overcharged by 1.2 billion pounds ($1.86 billion) a year, his office said. Britain supermarket industry’s Big Four were divided yesterday over the prospect of the biggest shake-up in Sunday trading laws in 20 years, but small businesses reacted with horror. (thetim.es/1HeqL9i)
Heavy discounting by food and furniture retailers helped shop prices fall for the 26th consecutive month in June, according to an industry survey. (bit.ly/1TjSZoi)
The BBC and ITV have formed an unlikely alliance in a bid to gazump Sky and keep the Six Nations on terrestrial television with an offer worth 50 million pounds a year. The tournament organiser says an announcement on the new broadcasting contract is imminent and the most financially lucrative competition in the sport outside the World Cup is expected to remain available to all viewers.
