Credit Suisse survey reveals collapse in confidence among UK firms
Business confidence in the UK has ?collapsed? in the wake of the EU referendum, according to a survey by Credit Suisse. The bank found that corporate sentiment in the UK…
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Men still dominate UK boardrooms
Less than a quarter of new appointments to FTSE 100 boards in the six months to March 2016 were women, the lowest level since 2011, according to a report published…
Report shows recovery in UK manufacturing before Brexit vote
UK manufacturers reported an increase in activity in the run-up to the EU referendum, according to the latest Markit/CIPS purchasing managers? index (PMI). The closely watched PMI was at a…
Telefonica ditches plans to sell O2 UK
Telefonica has shelved plans to sell a stake in O2 UK, its UK subsidiary. The Spanish telecoms group said on Wednesday that, following the European Commission decision to block the…
Brexit will hit UK jobs, IoD survey finds
Leaving the European Union will lead to job losses in UK businesses, according to a survey released today by the Institute of Directors (IoD). The organisation?s snap business reaction survey…
Business groups call for stability after UK votes to leave EU
Business groups have stressed the need for stability after the UK voted to leave the European Union. Share prices and the value of the pound plunged as the markets responded…
Business leaders sign letter backing Remain
More than 1,200 business leaders in the UK have signed a letter supporting the UK?s continued membership of the European Union. The letter to the Times states that British businesses…
Microsoft Sells Off Feature Phone Assets for $350m
US-based computer company Microsoft Corp. (NASDAQ: MSFT) has reached an agreement to sell its entry-level feature phone assets to China-based investment holding company FIH Mobile Ltd., a subsidiary of Taiwan-based…
Green light for Ladbrokes and Coral merger may trigger divestiture of licensed betting offices
The UK's Competition and Markets Authority (CMA), an independent non-ministerial government department with responsibility for carrying out investigations into mergers, markets and the regulated industries and enforcing competition and consumer…
Silver spenders jump on the contactless bandwagon
Credit card provider Barclaycard revealed on Thursday that the ‘touch and go’ method of paying for goods is becoming increasingly popular with the older generation in the UK. Contactless usage is growing…
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