Old flame, new fire

Article Abstract:

Centrica, the trading company formed when British Gas was split up in 1997, faced significant difficulties, especially because British Gas had a very poor reputation. However, Centrica's fortunes have actually improved considerably, and it has now reported its first profit. Its share of the domestic market has declined to 80%, but it is now gaining more customers than it is losing. It is now drawing up expansion plans, including the purchase of the RAC's motoring services division and a consortium bid for the Drax power station.

Comment:

Has reported that its earnings have improved

Sales, profits & dividends, Gas Utilities, Natural Gas Distribution, Gas Production and Distribution, Management, Centrica PLC

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Rover bets the company on the new, all-British 75 model

Article Abstract:

Extensive publicity will surrounding the launch of the Rover 75, a retro-style model strongly based on Rovers of the past. This car will be critical to Rover's future. In particular, it will be vital for Rover to address the quality problems that have been associated with previous models. Some observers feel that the fact that Rover has decided not to introduce the basic model in the 75 range until the end of 1999 may be an indication of difficulties at its production line in Cowley, England.

Comment:

Has introduced its retro Rover 75

Product introduction, Motor Vehicles, Automobile and Light Duty Motor Vehicle Manufacturing, Automobile industry, Rover Group Ltd., Rover 75 (Automobile)

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Runaway growth at Stansted airport

Article Abstract:

There has been significant growth in passenger numbers at Stansted airport in Essex, England. This airport handled 1.14 million passengers in Aug 1999, up by 42% from Aug 1998 and a larger increase than at Heathrow and Gatwick airports combined. An estimated 9 million passengers will pass through Stansted in 1999, from 5.5 million in 1997. It is predicted that passenger numbers will have risen to 11 million when expansion work is completed in 2002.

Sales & consumption, Airports, Airport Operations, Statistics, Stansted International Airport

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