British Gas to raise electricity prices
Craig TaylorBritish Gas is to increase its electricity prices by 12.5% from mid-September, the company’s owner says. BBC News – Business
Business
BT offers universal broadband in place of regulation
BT says its newly-independent broadband division can provide coverage to all households by 2022. BBC News – Business
Tax payment deadline is looming
Nearly five million self-employed people may have to pay tax by 31 July, or face fines. BBC News – Business
Air France-KLM is buying 31% of Virgin Atlantic
Sir Richard Branson says he will remain involved, but Virgin Group will no longer control the airline. BBC News – Business
UK economic growth rate edges higher
The booming film industry helped support the UK economy in the three months to June. BBC News – Business
Plans to ban leaseholds on new-build houses in England
Ground rents paid to freeholders could also be restricted, under proposals for England. BBC News – Business