More than 4m customers are paying too much for their electricity in areas where there is not enough competition between suppliers, according to Ofgem, the energy regulator.

An Indonesian plantation company has filed the first patent applications for a hybrid variety of palm oil seeds and their production that it expects will increase the crop's yield by several hundred per cent.

Britain must abandon using almost all fossil fuels to produce power in 20 years' time, the government's climate change watchdog will warn today.

In a ground-breaking deal, the British construction company Balfour Beatty agreed yesterday to pay £2.25m to settle bribery allegations over a £100m overseas contract. The company helped build the re-created Alexandria Library in Egypt in 2001, a prestigious Unesco project.

Bank executives responsible for reckless lending should be punished under criminal law and face fines, according to a politician who rescued Sweden's banking system from collapse in the 1990s.

"Mabel sweats when she is making jam." This terse and disapproving diary entry, describing the work being done by a domestic servant, was made by the English writer Virginia Woolf. It feels dated for several reasons. Nobody gets called Mabel anymore, hardly anyone makes their own jam, and it will simply no longer do to express such snobbish views about the staff.

A recent statement by Ed Balls, the Secretary of State for Children, Schools and Families saw a vision outlined that would see 100 schools becoming co-operative trusts.

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