(MENAFN- ProactiveInvestors)Britain will stop burning coal for electricity within a decade and build a new fleet of gas power plants to keep the lights on Energy Secretary Amber Rudd is expected to announce today reports the Telegraph.   Rudd will say it is 'perverse' that coal is still such a major part of the UK's energy system.   Asda has suffered another plunge in sales and warned that the country's food market had 'changed permanently'. The Walmart-owned retailer said that its like-for-like sales during the third quarter had fallen by 4.5 % reports the Times.   French police carried out a massive operation in northern Paris on Wednesday morning as they appeared to be closing in on suspects involved in Friday's terrorist attacks who have been the object of a Europe-wide manhunt.   French television showed images of dozens of police in Saint-Denis on the northern outskirts of the French capital and replayed audio of what appeared to be an exchange of heavy gunfire reports the FT.   The Guardian reprots that defence company shares moved sharply higher as France promised to increase spending on security and launched a new wave of strikes on Isis in the wake of last week's attacks in Paris.   Smiths Group which makes detection systems used in airports surged 10% to £10.20 making it the biggest riser in a buoyant FTSE 100 despite the company reporting a 4% fall in first quarter profits. Rolls-Royce – where 15% of revenues come from defence – rose 5% to 555p and arms manufacturer BAE Systems climbed 2% to 473p.   A new skyscraper is due to be built in the City of London and it's going to be even taller than the Gherkin and the Heron tower. The building will be 61 storeys tall and constructed on the site of the abandoned Pinnacle project writes the Telegraph.               The Bank of England's much-delayed report into the failure of HBOS is expected to paint a damning picture of the lax regulation of the boom years.   The report scheduled to be released tomorrow is likely to make for uncomfortable reading for John Tiner the former regulator who was in charge of the Financial Services Authority between 2003 and 2007 writes the Times.               Barclays is set to pay at least another $100m to resolve allegations it abused foreign exchange markets through its electronic trading platform by next month presenting an early test for the bank's incoming chief Jes Staley.   The New York Department of Financial Services is likely to impose a smaller penalty for the alleged electronic trading abuses than the $485m the bank agreed to pay New York's banking regulator in May over manipulation of forex spot trading people familiar with the case said writs the FT