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US steel tariffs could trigger trade war, says German Chamber of Commerce

The German chamber of commerce has warned that US steel tariffs could trigger a trade war with major trading partners, according to Reuters. Analysts estimate that such a conflict could cut growth in … Continue reading “US steel tariffs could trigger trade war, says German Chamber of Commerce”


EU growth approaches pre-crisis levels

Figures from the European Union statistics office have confirmed that 2017 saw the bloc grow at its fastest pace in a decade, according to BBC News. In 2017 the EU expanded 2.5%, the … Continue reading “EU growth approaches pre-crisis levels”


Land Registry analysis quantifies offshore property ownership

One in four properties in England and Wales owned by overseas firms is held by an entity registered in the British Virgin Islands (BVI), according to BBC News. The tiny archipelago located in … Continue reading “Land Registry analysis quantifies offshore property ownership”


Inquiry to be held into East Coast Mainline fiasco

The House of Commons transport committee has confirmed that it will hold an inquiry into the decision to end the East Coast Mainline rail franchise early, according to BBC News. The Department for … Continue reading “Inquiry to be held into East Coast Mainline fiasco”


SFO levels charges at Barclays Bank

Barclays Bank PLC has been charged by the Serious Fraud Office (SFO) over ‘unlawful financial assistance’ said to have been given to Qatar in 2008, according to BBC News. In June 2017 the … Continue reading “SFO levels charges at Barclays Bank”


Morrisons to cut 1,500 management jobs

UK supermarket chain Morrisons is to cut 1,500 management jobs and create 1,700 lower-paid roles, according to Reuters. The move is a big to cut costs along the lines of similar restructuring by … Continue reading “Morrisons to cut 1,500 management jobs”


eBay to ditch PayPal as preferred processor from 2020

eBay has said PayPal will no longer be its preferred payments processor, according to BBC News. In a blog post, eBay announced that users will be able to manage payments without leaving its … Continue reading “eBay to ditch PayPal as preferred processor from 2020”


BT Openreach to bring ultrafast broadband to 3m households by 2020

BT Openreach has pledged to bring ultrafast broadband to three million households by 2020, according to BBC News. The company said it would speed up its plans to bring fibre connections to homes … Continue reading “BT Openreach to bring ultrafast broadband to 3m households by 2020”


Insurers face £30m bill for Carillion claims

Insurance companies have estimated that £30m will be paid out in claims by companies owed money by the liquidated contractor giant Carillion, according to BBC News. Claims for between £5,000 and several million … Continue reading “Insurers face £30m bill for Carillion claims”


JP Morgan issues warning over Brexit job losses

The chief executive of JP Morgan has said the bank may cut its UK workforce by more than 25% if different financial rules are adopted following Brexit, according to BBC News. Boss Jamie … Continue reading “JP Morgan issues warning over Brexit job losses”


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