Tuesday 15 may 2018 news of the day electricity equations physics

Bookies hit the jackpot yesterday when £1.5bn was added to the value of British bookmaking firms as the US Supreme Court struck down a federal law that banned most states from authorising sports betting. The Times says the move could create a new industry taking an estimated $150bn of wagers a year. British companies including William Hill, Paddy Power Betfair and Ladbrokes Coral are expected to compete.

The City is on alert after officials began to sound out brokers on an RBS share sale, reports The Times. Just days after the lender shook hands on a provisional deal with US authorities over the sale of toxic mortgage-backed bonds, UK Government Investments began calling investment banks. Citigroup, Goldman Sachs, Morgan Stanley and UBS led the first sale could work on the process.

Centrica, the owner of British Gas, lost 110,000 energy supply accounts in the first four months of the year. The firm admitted that although there had been “high levels of competitive intensity”, the rate at which it has been losing customers had been slowing. In April, British Gas announced a 5.5% increase in both gas and electricity bills. Last year, the company lost 1.3m energy accounts.

TSB declined an offer of help from former owner Lloyds Banking Group at the beginning of the IT outage that left hundreds of thousands of customers locked out of their bank accounts. The Financial Times reports that Lloyds contacted TSB on …read more

• 17 stocks about to rocket higher because of catalysts most investors are ignoring, according to UBS In a recent research report, UBS equity analysts curated the best stocks they believe are set to rally in the next six months. "As well as screening for upside to price target, upside/downside skew, market cap, sector weightings and liquidity, we focused on stocks where we believe our analysts have a truly differentiated view versus consensus," the report said. Below, we highlight 17 of their buy-rated picks, the analysts’ views on the stocks, and upcoming catalysts they expect to drive…

• A star engineer who’s worked at UBS, Goldman Sachs and Blockchain told us how he built… Lewis Tuff, 28, is one of Business Insider‘s UK Fintech 35 under 35. He has worked at UBS, Goldman Sachs, Revolut, and now Blockchain. Tuff told Business Insider how he got where he is today and what advice he’d share with those looking to copy his career path. LONDON — Lewis Tuff is a high-achiever. Tuff, who features on Business Insider’s UK Fintech 35 under 35 list, is just 28 but has already worked at UBS, Goldman Sachs, fast-growing fintech…

• ‘It sent a tremor down my back’: Alistair Darling reveals how Britain came… Britain came within hours of the breakdown of law and order during the 2008 financial crisis. That’s according to ex-chancellor Alistair Darling. Darling told Business Insider that had the government not bailed out RBS, panic would have gripped the country. "It sent a tremor down my back," Darling said of a call from RBS’ chairman warning him the bank was on the brink of collapse. You can read the first part of Business Insider‘s interview with Darling — where he…