Energy-Saving Renovations Support DIY Sales: The London Rush [Financial Post (Toronto, Ontario, Canada)]
KINGFISHER PLC S/ADR (KGFHY)
NASDAQ:AMEX Investor Relations:
kingfisher.com/index.asp?pageid=3
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Source: Financial Post
(Bloomberg) — The energy regulator's announcement of a 21% rise in its energy price cap would have been a stomach-churning moment for households across the country this morning had it not been for the government's commitment to freeze bills. Still, The Times reports this morning that ministers are preparing a public information campaign to encourage people to save energy. But customers don't need to be told, its seems: Kingfisher Plc's stores like Screwfix have benefited from customers investing in their comes to save energy, without a nudge from Downing Street. How long should you warm up your vehicle? Advertisement Here's the key business news from London this morning: In The City Ofgem Price Cap: The energy regulator's price cap for the average household will rise by 21% to £4,279 a year from January, well ahead of the government's freeze at £2,500 until April. Dr. Martens Plc: The iconic bootmaker will raise prices again, despite a worsening consumer environment slowi
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