Headline NEWS

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”


Heathrow bids to make third runway 300m shorter

Heathrow Airport has proposed making its third runway 300m shorter in a bid to cut costs in its development scheme, according to the Guardian. The northwestern runway would be reduced in length by … Continue reading “Heathrow bids to make third runway 300m shorter”


BoE says UK jobless rate will fall in 2018

The level of unemployment in the UK is set to fall faster than the Bank of England (BoE) and other economists had predicted, according to a statement from BoE policymaker Michael Saunders reported … Continue reading “BoE says UK jobless rate will fall in 2018”


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”


Glasgow Airport plans to change flight paths

Airport chiefs have warned that Glasgow’s flight paths are no longer fit for purpose, according to BBC News. A 13-week consultation plan has been launched to assess whether the flight paths, which have … Continue reading “Glasgow Airport plans to change flight paths”


2017 saw slowdown in UK house price rises

Figures from the Halifax confirm that UK house prices grew much more slowly in 2017 than in 2016, according to BBC News. Halifax, the UK’s largest mortgage lender, said average prices rose 2.7% … Continue reading “2017 saw slowdown in UK house price rises”


ECB orders Deutsche Bank to increase common equity holdings

The European Central Bank (ECB) has increased the capital holding requirements for Deutsche Bank in 2018 to a little above the average for European lenders, according to City AM. The German bank is … Continue reading “ECB orders Deutsche Bank to increase common equity holdings”


IFS warning: higher minimum wage will lead to more robots

The Institute of Fiscal Studies (IFS) has warned that increasing the living wage could prompt employers to automate more jobs. According to BBC News, plans to increase the minimum hourly rate to £8.50 … Continue reading “IFS warning: higher minimum wage will lead to more robots”


ASA rules against scientific claim in eHarmony ad

The Advertising Standards Authority (ASA) has ruled against an eHarmony dating service advertisement which claimed science supported its matchmaking system, according to BusinessCloud. The dating site claimed it had a “scientifically proven matching … Continue reading “ASA rules against scientific claim in eHarmony ad”


New management team for Norwegian

Budget airline Norwegian has revealed a new management team, with the appointment of a new chief financial officer to help fuel “ambitious growth plans”, according to City A.M. The new senior structure is … Continue reading “New management team for Norwegian”


Navigate Articles by Page ....

1 2 3 15