Anna Wise
34 article(s) here · 1 carrying a prediction
🔮 The so-called electricity margin notice sends a message to the electricity market that the operator would like a greater safety cushion, or margin, between power demand and supply for a limited period.
🔮 Mr Jarvis had been the regulator’s interim boss since March and will now take on the position on a permanent basis.
He succeeds former chief executive Jonathan Brearley who stepped down after a six-year tenure, having led the regulator through the Covid-19 pandemic and the energy crisis sparked by Russia’s war in Ukraine.
Ofgem’s chairman Mark McAllister said it had been a “rigorous recruitment process” and the board was confident that Mr Jarvis was “the right person to lead Ofgem through its next chapter”.
“His appointment provides continuity, but it is also about the future,” he said.
🔮 UK services firms raise prices at fastest rate since May amid fuel surge
🔮 Google says its Play Store offers some of the lowest fees in the market and that it would defend its services “vigorously”.
🔮 Releasing diesel reserves could be a “short-term buffer” against soaring prices, but it risks limiting protection against future shocks, experts have said as the Government insisted Britain is not facing a shortage.
🔮 He said while the focus of his review was on Travelodge, “the evidence I have received reveals that room intrusions are not a type of occurrence restricted to Travelodge hotels, but instead are a problem across the hotel sector”.
His report said: “Change needed to occur, and still needs to occur, across the sector, not just within Travelodge.”
The barrister said he could not name all of the companies he spoke to because many of the conversations were had in confidence.
🔮 He said the Budget will be an opportunity to support businesses who are wanting to see “practical measures that encourage capital investment, tackle persistently high energy and fuel costs, and provide greater certainty around skills”.
🔮 The former Made In Chelsea reality star said he was sceptical that the man would “manage the race” – a 260-kilometre run through the Amazon rainforest – but went on to say “he won it by miles” and “left us all in the dirt”.
🔮 The new entry-level positions will comprise of apprenticeships, graduate programmes and internships across 2026 and 2027.
🔮 Bosses of vet group CVS said it has “reflected” on how prices could be made clearer to pet owners following a major investigation into the industry, as it spent £5 million on rebranding its practices to meet new rules.
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