e-business

Carphone deal brings US giant Best Buy to Britain UK's struggling consumer electronics market faces fresh challenge, with joint venture planning new stores

BPI warns of rising costs and effect of sterling weakness BRITISH Polythene Industries yesterday warned that the difficult conditions that have been hitting margins have continued this year, with first-half results expected to be "somewhat below" the start of last year.

Lack of interest may hamper British Energy's search for a suitor BIDS for British Energy are due in today but shares lost 2.6 per cent yesterday on reports Iberdrola would only table a bid as a minority partner. Shares in the East Kilbride nuclear operator dropped 2.6 per cent to 715p as the market feared interest in the company may be much lower than was expected.

Telford College site expected to fetch £12.5m THE former site of Telford College in Edinburgh has gone on sale, and is expected to raise more than £12.5 million.

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