N-Power Surge

Summary


Nuclear generator British Energy has benefited from higher power prices after posting profits of pounds 64m for the three months to July 3.

The group, which needed a complex financial restructuring to stay afloat two years ago, said it had achieved prices 37% higher than in 2004 at pounds 24.70 per megawatt hour ( adding that 85% of output for the year to the end of March had been fixed at pounds 31.80 per megawatt hour.

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Extract


N-Power Surge

Gala-Coral talks

BINGO and casino group Gala is said to be in t...

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