Business NEWS

Insurers face £30m bill for Carillion claims

Insurance companies have estimated that £30m will be paid out in claims by companies owed money by the liquidated contractor giant Carillion, according to BBC News. Claims for between £5,000 and several million … Continue reading “Insurers face £30m bill for Carillion claims”


GKN rejects hostile £7.4bn takeover bid from Melrose

The engineering giant GKN has fought off a £7.4bn hostile takeover from Melrose Industries, according to BBC News. Melrose, which specialises in turning around struggling businesses, claimed it could “deliver significantly greater benefits” … Continue reading “GKN rejects hostile £7.4bn takeover bid from Melrose”


Carillion enters liquidation

The construction company Carillion has announced that it will go into liquidation. Government-backed attempts to negotiate a deal to save the company failed, according to BBC News. The contractor is the UK’s second … Continue reading “Carillion enters liquidation”


How will the EU’s GDPR affect the UK Economy?

General Data Protection Regulation (GDPR) is one of the EU regulations that the UK has committed to retain when the UK officially leaves the European Union. The regulation was adopted on 27 April … Continue reading “How will the EU’s GDPR affect the UK Economy?”


£24m contract for M49 Avonmouth junction awarded to Galliford Try

Highways England has awarded a construction contract for the building of a new motorway junction to Galliford Try, according to Construction Enquirer. The £24m contract will see the firm construct a new M49 … Continue reading “£24m contract for M49 Avonmouth junction awarded to Galliford Try”


Hammerson retail centre owner to take over rival Intu in £3.4bn deal

Retail centre owner Hammerson is to take over its rival Intu in a £3.4bn deal. According to BBC News, the takeover will create the UK’s largest property company with a value of £21bn. … Continue reading “Hammerson retail centre owner to take over rival Intu in £3.4bn deal”


Large-scale legal claim against Google for ad-tracking breach

Google is facing a large-scale lawsuit over claims it unlawfully collected data from millions of British users. According to BBC News, it is the first legal claim of its kind in the UK. … Continue reading “Large-scale legal claim against Google for ad-tracking breach”


LSE CEO resigns, Chairman will not seek re-election

Xavier Rolet has resigned as CEO of the London Stock Exchange (LSE) and the organisation’s Chairman Donald Brydon will not seek to be re-elected, according to Reuters. The announcement comes after a major … Continue reading “LSE CEO resigns, Chairman will not seek re-election”


Thames Water to shed offshore subsidiary structure

Thames Water is reviewing its business structure after controversy over its use of offshore subsidiary companies to reduce its tax burden, according to the Guardian. The water company has appointed Ian Marchant, formerly … Continue reading “Thames Water to shed offshore subsidiary structure”


Parliamentary committees criticise gig economy

Two parliamentary committees have indicated that rules governing the so-called ‘gig economy’ should be changed to protect workers from exploitation, according to BBC News. The Work and Pensions Committee and the Business Select … Continue reading “Parliamentary committees criticise gig economy”


Navigate Articles by Page ....

1 4 5 6 7 8 37