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Olympic Legacy Budget helps to fund £2.3m London Professional Apprenticeship programme

A new apprenticeships programme in London’s professional services sector is to receive a total of GBP2.3m in funding, comprised of GBP1.4m from the Olympic Legacy Budget and GBP900,000 from professional services firm PricewaterhouseCoopers LLP … Continue reading “Olympic Legacy Budget helps to fund £2.3m London Professional Apprenticeship programme”


Lloyds TSB Bank and Bank of Scotland fined total of GBP28m by FCA

The Financial Conduct Authority (FCA) has found that certain Lloyds Banking Group (LBG) firms did not properly control higher risk features in financial incentive schemes for their staff, which resulted in advisers selling … Continue reading “Lloyds TSB Bank and Bank of Scotland fined total of GBP28m by FCA”


Buyer demand outstrips number of UK homes for sale during November

House prices in the UK are predicted to continue to rise in 2014, according to the Royal Institution of Chartered Surveyors (RICS), which released its UK Residential Market Survey on Monday. The independent, … Continue reading “Buyer demand outstrips number of UK homes for sale during November”


JCB to expand operations in Staffordshire and create 2,500 jobs by 2018

Construction and agricultural equipment manufacturer JCB announced on Friday that its planned investment of GBP150m, for expansion of operations in Staffordshire over the next five years, has been welcomed by the Chancellor of … Continue reading “JCB to expand operations in Staffordshire and create 2,500 jobs by 2018”


EC issues fines totalling EUR1.7bn to eight banks for rigging financial benchmarks

Banks involved in a financial cartel that colluded to fix crucial benchmark rates have been levied with fines that total EUR1.7bn by the European Commission, it was reported on Wednesday. These benchmarks included … Continue reading “EC issues fines totalling EUR1.7bn to eight banks for rigging financial benchmarks”


Elephant & Castle Shopping Centre acquired by Delancey and APG for GBP80m

The Elephant & Castle Shopping Centre, a retail, leisure and office complex of 327,000 sq ft in Central London, has been sold for GBP80m to property developer Delancey and its joint venture partner … Continue reading “Elephant & Castle Shopping Centre acquired by Delancey and APG for GBP80m”


Good Energy forms partnership with BMW

UK licensed electricity supplier Good Energy announced on Tuesday that it has entered into a partnership agreement with automobile manufacturer BMW to provide  100% green electricity to the households of BMW customers throughout … Continue reading “Good Energy forms partnership with BMW”


Npower sells Electricity Plus and Gas Plus subsidiaries to Telecom Plus for GBP218m

Competition in the UK domestic energy supply market is set to be enhanced according to UK energy company RWE npower, which announced on Wednesday that npower Limited is to sell its subsidiaries, Electricity … Continue reading “Npower sells Electricity Plus and Gas Plus subsidiaries to Telecom Plus for GBP218m”


New sponsorship deals help drive record first quarter revenues for Manchester United football club

UK Premier League football club Manchester United has declared a 63% rise in sponsorship revenue, which has helped the club to achieve record revenues of £98.5m for the first quarter of its fiscal … Continue reading “New sponsorship deals help drive record first quarter revenues for Manchester United football club”


UK car industry to get GBP75m in government funding to design energy efficient cars of the future

A GBP75m fund has been launched by the UK government that will enable automotive businesses to create new low carbon technologies in order to make cars more energy efficient and also help safeguard … Continue reading “UK car industry to get GBP75m in government funding to design energy efficient cars of the future”


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