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Tuesday newspaper round-up: House sales, Amazon, energy suppliers

By Michele Maatouk

Date: Tuesday 30 May 2023

Tuesday newspaper round-up: House sales, Amazon, energy suppliers

(Sharecast News) - More prospective house sellers are returning to the UK's property market, pushing agreed home sales to their highest point of the year in May, according to Zoopla, although it warned that the rebound in activity could be knocked by rising mortgage rates. House prices have fallen by 1.3% nationally over the past six months, the property website found, but the speed of price falls has been decreasing as buyer confidence slowly improves. - Guardian
British households will be asked to voluntarily cut their electricity usage again as Europe faces up to another winter without Russian gas supplies. John Pettigrew, chief executive of National Grid, said he expected the so-called demand flexibility service would return in the coming heating season, in a sign that the energy crisis has not fully abated yet. - Telegraph

Amazon has parachuted in Evri to assist with deliveries as Royal Mail grapples with poor performance in the wake of a long-running industrial dispute. The US tech giant has added Evri - formerly known as Hermes - alongside Royal Mail and DPD to deliver goods on behalf of businesses that sell on Amazon's website. - Telegraph

Energy suppliers are on course to file a record number of winding-up petitions against business customers this year as companies struggle with soaring energy costs. There have been more than 400 attempts by suppliers to shut down companies to reclaim their energy debts over the past decade, according to court filings. The vast majority were made by British Gas, Eon and npower, now part of Eon. - The Times

India's foremost investigative agency has filed a criminal complaint against Rolls-Royce and BAE Systems over historic deals to supply fighter jets to the country. The Central Bureau of Investigation (CBI) alleged that, between 2003 and 2012, the two British firms had engaged in "criminal conspiracy" to "cheat" the government of India over deals to manufacturer dozens of BAE Hawk 115 aircraft, which used Rolls-Royce engines. - The Times


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