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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”


£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”


Brexit agreement reduces economic risk, says BoE

The Bank of England has said that the risk of a disorderly Brexit has been reduced following a recent breakthrough in negotiations with the European Union, according to Reuters. Policymakers at the Bank … Continue reading “Brexit agreement reduces economic risk, says BoE”


$52.4bn takeover by Disney of 21st Century Fox announced

Walt Disney has announced the purchase of parts of 21st Century Fox in a landmark $52.4bn (£39bn) deal. The purchase will include Fox’s 39% stake in Sky and the 20th Century Fox film … Continue reading “$52.4bn takeover by Disney of 21st Century Fox announced”


General Electric to cut 12,000 jobs

General Electric has announced that it will cut 12,000 jobs in the power section of its business, representing 18% of the division’s global workforce according to a BBC News report. The industrial group … Continue reading “General Electric to cut 12,000 jobs”


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