The next two decades will see a world living with the daily threat of nuclear war, environmental catastrophe and the decline of America as the dominant global power, according to a frighteningly bleak assessment by the US intelligence community.
“The world of the near future will be subject to an increased likelihood of conflict over resources, including food and water, and will be haunted by the persistence of rogue states and terrorist groups with greater access to nuclear weapons,” said the report by the National Intelligence Council, a body of analysts from across the US intelligence community. - The Times
“The world of the near future will be subject to an increased likelihood of conflict over resources, including food and water, and will be haunted by the persistence of rogue states and terrorist groups with greater access to nuclear weapons,” said the report by the National Intelligence Council, a body of analysts from across the US intelligence community. - The Times
National Grid, the electricity and gas transmission company, reported a 4 per cent rise in operating profits for the first half of the year and confirmed that it would raise its interim dividend by 8 per cent, in line with its policy.
Operating profits rose from £1.039 billion to £1.079 billion in the six months to September 30, on the back of a 28 per cent increase in revenues from £1.54 billion to £1.97 billion. Shares in National Grid closed down 10p to 680p. - The Times
Operating profits rose from £1.039 billion to £1.079 billion in the six months to September 30, on the back of a 28 per cent increase in revenues from £1.54 billion to £1.97 billion. Shares in National Grid closed down 10p to 680p. - The Times
A FTSE 100 company with net debt of £20 billion – nearly £4 billion higher than its stock market value – would normally get short shrift from prospective shareholders. Fortunately for Steven Holliday, chief executive of National Grid, his company sits in a sector where high borrowings are the norm, and whose defensive traits are now more prized than at any time since the utility privatisations of the 1980s. - The Times
E.ON, the German energy group, has been buying up farmland in south Gloucestershire as it firms up plans to build a £4 billion nuclear power station beside the River Severn.
A spokeswoman for E.ON confirmed that it had acquired several tracts of privately owned land in recent months around an existing nuclear site at Oldbury-on-Severn, north of Bristol, which is owned by the Government through the Nuclear Decommissioning Authority (NDA). The NDA site has two 225MW Magnox reactors that have been operating since 1967 but are scheduled to be retired from service at the end of the year. - The Times
A spokeswoman for E.ON confirmed that it had acquired several tracts of privately owned land in recent months around an existing nuclear site at Oldbury-on-Severn, north of Bristol, which is owned by the Government through the Nuclear Decommissioning Authority (NDA). The NDA site has two 225MW Magnox reactors that have been operating since 1967 but are scheduled to be retired from service at the end of the year. - The Times
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