Business NEWS

Larger coffins and new pollutant filters blamed for rise in public crematorium costs

New anti-pollution equipment and larger coffins have resulted in the average cost of cremations at public crematoriums increasing by a third over the last five years, the BBC revealed reported. According to Freedom … Continue reading “Larger coffins and new pollutant filters blamed for rise in public crematorium costs”


UK government sets regulated rail fare increases at 1% for 2016

Rail fares in the UK are to be capped at the inflation rate under a five year plan announced by government on Tuesday, which means rail fares will increase by just 1% next … Continue reading “UK government sets regulated rail fare increases at 1% for 2016”


Boeing brings Duke Energy CEO on board as new director

Boeing (NYSE: BA) Chairman Jim McNerney reported the company´s board of directors has elected Lynn Good as a new member. Good, 56, is president and CEO of Duke Energy, the largest US electric … Continue reading “Boeing brings Duke Energy CEO on board as new director”


UK pop-up space marketplace attracts more customers

Pop-up retail businesses are now worth GBP2.3bn to Britain’s economy, according to a new report commissioned by digital communications company EE and carried out by the Centre for Economics and Business Research (Cebr), which showed that … Continue reading “UK pop-up space marketplace attracts more customers”


UK businesses face cash flow difficulties because of late payers

Cash flow problems experienced by UK businesses are primarily caused by late payments, Lloyds Bank revealed on Wednesday. The British retail bank’s twice-yearly Business in Britain report is conducted by Lloyds Bank Commercial … Continue reading “UK businesses face cash flow difficulties because of late payers”


How Teddy Sagi is taking on the UK

Teddy Sagi is on a bit of a spending spree. Earlier this year, the Playtech billionaire paid a massive £400 million for Camden Stables Market. Just a few weeks back, he poured another … Continue reading “How Teddy Sagi is taking on the UK”


UK has exported five million cars since 2010

UK motor industry trade association the Society of Motor Manufacturers and Traders (SMMT) revealed on Thursday that UK car exports have reached five million since the beginning of 2010. Steady growth in the … Continue reading “UK has exported five million cars since 2010”


Fraudulent insurance claims rise to over £110 million in 2013 – Aviva

More than GBP110m worth of fraudulent insurance claims were detected by UK insurance company Aviva during 2013, it revealed on Wednesday. Aviva said its claims fraud detection data for 2013 shows that there … Continue reading “Fraudulent insurance claims rise to over £110 million in 2013 – Aviva”


Co-operative Group suffers heavy losses of £2.5bn in 2013

The Co-operative Group, a British consumer cooperative that operates a range of retail businesses, announced its final results for the 52 weeks ended 4 January 2014 on Thursday, which showed losses of GBP2.5bn … Continue reading “Co-operative Group suffers heavy losses of £2.5bn in 2013”


Olympic Legacy Budget helps to fund £2.3m London Professional Apprenticeship programme

A new apprenticeships programme in London’s professional services sector is to receive a total of GBP2.3m in funding, comprised of GBP1.4m from the Olympic Legacy Budget and GBP900,000 from professional services firm PricewaterhouseCoopers LLP … Continue reading “Olympic Legacy Budget helps to fund £2.3m London Professional Apprenticeship programme”


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