LONDON: Profit margins of big six British energy groups are expected to rise to 9 percent this year after wholesale prices tumbled.
The energy regulator said that it expected suppliers to make £114 annual profit per household using electricity and gas, which reflects a 9 per cent margin, in the next 12 months.
This is £9 more per household than Ofgem estimated in November, while estimated margins have more than doubled in the past two years.
FBR to take emergency fiscal measures to meet annual revenue targets
LAHORE: The Federal Board of Revenue (FBR) has not achieved its revenue collection objectives for the second month in succession,...