Right to maintain no-deal Brexit planning: UK communities minister

Britain’s Secretary of State for Housing James Brokenshire arrives in Downing Street, London, Britain, November 13, 2018. REUTERS/Peter Nicholls/File Photo LONDON (Reuters) – British Communities Secretary James Brokenshire said on Tuesday that preparing for a no-deal Brexit was the right course of action for the government to take despite the fact that it was not what it wanted to happen. ...

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Energy plans may cut £45 a year from bills

Image copyright Getty Images Energy regulator Ofgem wants to produce a “smarter, fairer and cleaner” energy system that, added to reforms proposed last month, could cut consumers’ bills by £45 a year from 2021. Its plans for revising the energy system would help customers benefit from new technology such as electric vehicles and renewables. Ofgem also wants to ensure people ...

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Oil drops 2 percent on oversupply, equities sell-off

LONDON (Reuters) – Oil prices fell more than 2 percent on Tuesday, dropping for a third consecutive session as reports of swelling inventories and forecasts of record U.S. and Russian output combined with a sharp sell-off in global stock markets. Pump jacks operate in an oil field in Midland, Texas U.S. August 22, 2018. Picture taken August 22, 2018. REUTERS/Nick ...

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Overdraft woes: ‘We were one bill away from disaster’

Image copyright Cindy Toth Cindy Toth dipped into an overdraft to pay for an emergency but, like millions of people in the UK, she then found it tough to climb back out. She said daily overdraft charges meant her family had nothing to spend after rent and grocery bills and were “one bill from financial disaster”. Newly-announced plans on overdrafts ...

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Nissan CEO plans one-on-one meeting with Renault boss in Amsterdam: sources

TOKYO/PARIS (Reuters) – Nissan Motor’s (7201.T) CEO plans to meet one-on-one with the deputy CEO of automaking partner Renault (RENA.PA) in Amsterdam this week, sources told Reuters, amid tensions over the future of the alliance after Chairman Carlos Ghosn’s arrest last month. FILE PHOTO: Carlos Ghosn, former CEO of the Renault-Nissan Alliance arrives to a news conference in Rio de ...

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German police raid mosque over suspected financing of Syria fighter

BERLIN (Reuters) – German Police on Tuesday raided a mosque in Berlin whose preacher was suspected of transferring funds to an Islamist fighter in Syria for the purpose of carrying out “terrorist criminal acts”, prosecutors said. Officers searched the As-Sahaba mosque in Berlin’s northern district of Wedding where 45-year-old Ahmad A. – known to his followers as Abul Baraa – ...

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