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The National Grid has predicted a potential electricity surplus of more than 45 per cent in England and Wales by 2008. Generation capacity is expected to increase by 18.8 per cent to 86.5 gigawatts in this time, with the largest increase in northern England.

Inside Chinese Business_3

Ming-Jer Chen Harvard Business School Press, £21.99 Rating: 5/5

University of Greenwich_3

New system for Barclays_3

Barclays Bank is implementing a new e-procurement system to bring all of its £500 million spending online by the middle of next year. The system will be accessible to 30,000 staff in 2,500 locations.

J2C to close operations_3

Struggling business-to-business Internet services group J2C is to close all but one of its operations after it failed to find a buyer. The only operation that J2C, formerly known as Just2Clicks, will now run is BestValueZone, which provides e-procurement services to the public sector. www.just2clicks.com

Supply Chain Management_3

Edited by John Mentzer Sage, £51 Rating: 3/5

Microsoft keeps talking_3

Microsoft has promised to continue its dialogue with customers after lobby group the Infrastructure Forum complained to the Office of Fair Trading that the company’s new system of licences for desktop software will increase annual licence fees by 94 per cent. www.microsoft.co.uk

Missile bid invitations_3

The Ministry of Defence has invited two international consortia led by Lockheed Martin and BAE Dynamics to compete for a contract worth more than £300 million for a “fire-and-forget” anti-armour guided missile system. Proposals are due in by early next year.

Row over IT competition_3

Retailer John Lewis and computer seller Tempo have asked the Office of Fair Trading to issue an injunction against computer manufacturer Packard Bell after it announced plans to stop supplying them.

MoD given fraud warning_3

The Ministry of Defence could do more to reduce the risk of fraud by tightening up its property management contracts, the National Audit Office has said.