Updates from Npower and Menzies

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The FTSE 100 saw a 3.9 point drop on Friday, ending at 6,650, marking a 24 point loss on the week overall. Barclays was the day's biggest climber, up +2.30% at 271.70p while Experian saw the steepest loss, down -2.76% at 1127p.

In the US, the Dow Jones ended Friday almost 11 points lower at 16,086 points.

We kick off with breaking news from Npower that the energy giant will freeze prices to 2015. Although many will welcome the news, the Npower promise comes with a substantial caveat - the price freeze will only last if wholesale prices do not climb.

"We welcome today's announcement," says Npower CEO Paul Massara, "as an Important step in cutting energy costs for our domestic customers. As a result of this announcement we will reduce our bills."

Massara adds: "In order to give our customers greater certainty with their household budgets, we don't plan to increase energy prices before Spring 2015, unless there are increases in wholesale energy costs or network charges."

Next, an update from Menzies. Its newspaper and magazine wholesaling division, Menzies Distribution, confirms it has renegotiated contract terms with the Trinity Mirror Group. The agreement runs through to 2019 worth £150m in annual sales.

The contract, with one of the largest national and regional newspaper publishers in the UK Menzies claims, will see it continue to distribute Mirror Group's titles as well as taking on distribution of Teeside Gazette.

"This renewal," says David McIntosh, managing director said, "is a further step in underpinning our core business. We now have contracts with six major publishing groups secured through to 2019 and this allows us to build for the future with confidence."

Lastly, Rathbone Brothers Plc says chief exec Andy Pomfret retires as chief exec at the end of February. The current deputy chief executive, Philip Howell, joins the Board with immediate effect, becoming chief exec on 1 March 2014.

"Rathbones has flourished under Andy's strong leadership," says chairman Mark Nicholls. "It is a tribute to Andy's farsightedness that he brought in Philip as a potential successor at the beginning of the year. Philip has become a key part of the senior team and I am delighted he is taking over as chief executive."

Pomfret joined Rathbones in 1999 as group finance director and became chief executive in 2004. Philip Howell joined Rathbones in March 2013 having most recently been chief executive of Williams de Broe.