Now electricity supply rules empower customers

edpFrom Saturday electricity providers have to restore supply within 12 hours of a the service being cut off due to lack of payment, assuming the account has been settled.

The new Quality of Service in the Electricity Sector rules, approved earlier this month by the regulator ERSE and published today in the Official Gazette, come into force on December 1st and introduce a raft of rights for both customers and operators.

Now business registrations up 15% in October

vealThe creation of new businesses is on the increase with insolvencies continuing to decline, according to the latest D&B barometer released today.

The decline in company insolvencies in October was especially welcome, declining 15.1% year on year, and the number of companies being wound up dropped 16.8% in the same month.

Nine million Brits are mired in serious debt

councilhousesSerious debt has become such a problem in the UK that now one in every five people are struggling to pay their bills.

Worst affected areas are the North of England and Northern Ireland, where as many as 40% of adults in some areas are not able to keep up with payments.

Best of British fishing under threat

fishDishwashing tablets are threatening the home of British fishing, the rivers Test and Itchen in Hampshire.

The chalk streams which feed into the two rivers, famed for fly fishing, are showing dangerous levels of phosphorus.

Paulo Portas - Portugal is now open for buisness

portas2Portugal’s Deputy Prime Minister today was trying his utmost to convince investors and entrepreneurs that Portugal is "a good destination to travel to, or invest in."

"This is the time to look carefully at Portugal," said Paulo Portas addressing the Vice-President of the European Commission responsible for Industry and Entrepreneurship, Antonio Tajani, who arrived in Portugal with a delegation of more than 800 businessmen from around the world.

30 more Pingo Doce supermarkets to open

pingoThe Jerónimo Martins Group today announced plans to open 30 more Pingo Doce supermarkets in Portugal by 2016.

The announcement was made today as part of an explanation to investors of the overall business plan for the next three years.

Hungarian kayakers rescued off VRSA

oceanThe Portuguese Navy has rescued a Hungarian kayak team drifting and slowly sinking south of Vila Real de Santo António.

The two Hungarian kayakers were found 40 kilometres south of Vila Real de Santo António and were saved by the help of swift action from the Coordination Centre for Maritime Search and Rescue in Lisbon linked in to the VRSA port authority.

Américo Amorim again the richest man in Portugal

amorimThe rich list for Portugal, complied by Exame magazine, is again led by businessman Américo Amorim who was pushed into second place in 2012 by Alexandre Soares dos Santos who now is running second.

Américo Amorim has been at the top of the pile in 2008, 2009, 2010 and 2011.

His fortune is now estimated at €4,500 million and had risen by a surge in the share price of Galp Energia, Banco Popular and Ceibo Amorim.