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MOU signed in ThyssenKrupp/Tata Steel merger

The first step has been taken towards merging Tata Steel and Thyssenkrupp, in a move which would create Europe’s second-largest steel group, according to BBC News. The two companies have been discussing a … Continue reading “MOU signed in ThyssenKrupp/Tata Steel merger”


Future Publishing repositions T3 brand

Future Publishing is repositioning its technology brand T3 to focus on e-commerce, according to Digiday UK. The brand’s content includes men’s lifestyle areas such as fashion, culture, travel and fitness. E-commerce is expected … Continue reading “Future Publishing repositions T3 brand”


London house prices down 2.9% on the month

UK house prices fell 1.2% on the month in September, with a decline of 2.9% in London, according to figures released by Rightmove. The price drop is the first monthly fall for the … Continue reading “London house prices down 2.9% on the month”


South Wales to get zero-emission black cab plant

Norwegian aluminium company Sapa has announced plans to invest £9.6m in an automotive plant in Caerphilly, Wales in order to produce a new generation of eco-friendly London black cabs. The new plant will … Continue reading “South Wales to get zero-emission black cab plant”


EU report: tax Google on revenue, not profits

An EU report claims that online giants such as Google and Facebook could be responsible for lost tax revenues of up to 5.4bn Euros between 2013 and 2015, according to Reuters. The EU … Continue reading “EU report: tax Google on revenue, not profits”


John Lewis Partnership profits fall 53.3%

Profits of the John Lewis Partnership have fallen more than 50% following a major programme of restructuring and redundancies, according to the BBC. A £56.4m transformation programme meant that profits before tax fell … Continue reading “John Lewis Partnership profits fall 53.3%”


Fox’s Sky bid to be referred to CMA

An additional hurdle has been placed in the path of Rupert Murdoch’s bid to become majority shareholders of Sky TV. Culture secretary Karen Bradley has indicated she will refer the £11.7bn bid to … Continue reading “Fox’s Sky bid to be referred to CMA”


Boeing urged to save Ulster peace by dropping Bombardier complaint

The UK Prime Minister has warned the US Vice President that a dispute between Boeing Co and its Canadian competitor Bombardier could have dire consequences for the peace process in Northern Ireland, according … Continue reading “Boeing urged to save Ulster peace by dropping Bombardier complaint”


Offshore wind energy cheaper than nuclear for the first time

The cost of energy generated in the UK by offshore wind is cheaper than nuclear power for the first time, according to figures from the Department for Business, Energy and Industrial Strategy. The … Continue reading “Offshore wind energy cheaper than nuclear for the first time”


Accountants to be edged out by robots, says DB CEO

Deutsche Bank chief executive John Cryan says work now done by qualified accountants could soon be carried out by robots. Cryan told a Frankfurt gathering: “In our bank we have people doing work … Continue reading “Accountants to be edged out by robots, says DB CEO”


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