UK: Independent Energy still fighting billing snaggreenspun.com : LUSENET : Grassroots Information Coordination Center (GICC) : One Thread
LONDON, Aug 11 (Reuters) - Shares in
Britain's Independent Energy took a
battering on Friday as investors took
fright at news that it has failed to
solve customer billing delays.
. . .
The company has already delayed announcing
its results as it struggles to resolve the
billing problem and on Friday it said they
will be issued at a later date. Its delayed
billings stood at 119 million pounds in June,
a month after regulator Ofgem made it agree
not to take on new customers untill it resolved
-- spider (firstname.lastname@example.org), August 11, 2000