How can credit scores affect your business utilities?

Utilities are essential for any business to function successfully, regardless of their size or industry. Therefore, it is vital for organisations to do their homework in order to source the best deal for their business. There are many suppliers across the market, and they all provide a multitude of rates. This often gives businesses a wide range of […]

Credit markets set to go green

Corporate borrowers are a ‘driving force’ in the market for green bonds, according to a report by Standard and Poor’s Rating services. Green bonds are used to fund green projects such as renewable energy in order to combat climate change. Borrowers as diverse as Toyota, Unilever and Bangchak Petroleum PLC have sold green bonds. The […]

Power and utility execs think economy is on the up

Confidence in the global economy has hit a two-year high among power and utility company executives, according a new survey released by accounting firm EY. In its annual Capital Confidence Barometer, 90% of the executives surveyed thought the world’s economy was stable and 67% thought it would improve over the next year. The majority (58%) […]

British Gas accused of profiting £20m from overestimated bills

A whistleblower has accused British Gas of boosting its profits by keeping £20 million it owed to former customers because of overestimated bills. British Gas allegedly used to wait six years before collecting unclaimed credit from customers it could not track down. But speaking to the Observer the whistleblower said British Gas had set up […]

US credit downgrade sends shockwaves through oil markets

Investors pulled their money out of risky assets in the last two weeks, due to the US credit rating downgrade which has sent bearish signals to crude oil markets. This is according to npower Optimisation Desk Manager, Magali Hodgson. She told ELN: “Front month brent lost nearly $9 across the week, moving from $118/bbl to […]