In the current economic climate even the glamorous world of Formula One is starting to become cost conscious. Gone are the days when massive expenditure was seen as a bragging right. Teams are now keen to reduce their overheads and appeal to sponsors hard hit by the global recession. With my past experience as an [...]
LONDON (Reuters) – Britain’s big six utilities should explain to recession-hit customers why energy bills have not fallen more markedly after a steep fall in wholesale costs this year, energy regulator Ofgem said in an open letter to the companies’ chief executives. “Wholesale costs have fallen from last year’s peak and look set to fall [...]