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Comcast tops 21st Century Fox’s Sky bid

US cable TV firm Comcast has bid £22bn for Sky in a move that threatens media giant Rupert Murdoch’s attempts to take over the pay-TV group, according to BBC News. Murdoch’s 21st Century … Continue reading “Comcast tops 21st Century Fox’s Sky bid”


Britain goes three days without coal-powered electricity

Britain has gone three days without electricity generated from coal, the longest period since the 1880s that the nation has been without the fuel source, according to BBC News. From Saturday morning at … Continue reading “Britain goes three days without coal-powered electricity”


TSB banking app chaos nears resolution

The TSB banking app is now up and running for customers after a disastrous five-day period of customers being locked out or experiencing problems using the service, according to BBC News. The bank … Continue reading “TSB banking app chaos nears resolution”


MPs warn of ‘disastrous’ impact of no-deal Brexit for UK food and drink industry

A parliamentary committee has warned that a no-deal Brexit would be ‘disastrous’ for food and drink firms in the UK, according to BBC News. The Business, Energy and Industrial Strategy committee said leaving … Continue reading “MPs warn of ‘disastrous’ impact of no-deal Brexit for UK food and drink industry”


Shire to recommend sweetened Takeda takeover bid

Biotech giant Shire has said it would be willing to recommend an amended $64bn takeover bid from Takeda Pharmaceutical Co to shareholders, according to Reuters. The rare disease specialist made the statement amid … Continue reading “Shire to recommend sweetened Takeda takeover bid”


Whitbread to spin off Costa Coffee following shareholder activism

Whitbread has announced that Costa Coffee will be spun off as a separate company, according to Reuters. The move comes after pressure from investor activists pushed for the coffee chain to be listed … Continue reading “Whitbread to spin off Costa Coffee following shareholder activism”


Big companies use apprenticeships to cut costs, according to report

Low-skilled jobs are being reclassified as apprenticeships by companies in a bid to gain subsidies for training workers, according to a report from the think tank Reform. The centre-right think tank says companies … Continue reading “Big companies use apprenticeships to cut costs, according to report”


Garden centres see lowest sales since 2013

The recent spell of wet weather has hampered growth in the UK gardening sector, with sales at the lowest level in five years, according to BBC News. The Garden Centre Association says that … Continue reading “Garden centres see lowest sales since 2013”


Jaguar Land Rover to shed 1,000 temp workers

Jaguar Land Rover has announced that the contracts of 1,000 temporary workers in the UK will not be renewed, according to BBC News. The auto giant has cited ‘continuing headwinds’ impacting the car … Continue reading “Jaguar Land Rover to shed 1,000 temp workers”


Cold weather sees biggest drop in construction since 2009

The ‘Beast from the East’  cold snap in March saw the UK construction industry experience its biggest drop in activity since the aftermath of 2016’s Brexit vote, according to Reuters. An industry survey … Continue reading “Cold weather sees biggest drop in construction since 2009”


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