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Airbus warns of UK job cuts over Brexit uncertainty
Airbus (EPA: AIR) has warned of plans to move out of the UK due to Brexit concerns.
The company said it could move the manufacturing of aeroplanes...
Volkswagen and Ford to collaborate
Car makers Volkswagen (VW) (OTCMKTS:VLKAY) and Ford (NYSE:F) are considering collaborating on a new range of commercial vans.
Both VW and Ford confirmed they were...
Berkeley Group shares plunge after it warns on London property market
Berkeley Group (LON:BKG) shares plunged on Wednesday morning after the property developer warned on the cooling London housing market.
Despite an evident slowdown across the...
Labour to introduce Bank of England productivity target
Labour have announced plans to introduce a productivity target for the Bank of England (BoE), in a major shake-up to the UK's economic system.
Under...
Poundworld cuts 98 head office roles
Just one week after falling into administration, Poundworld has cut head office roles as the group fails to find a buyer.
Deloitte was appointed as...
Elon Musk accuses employee of ‘sabotage’ at Tesla
Elon Musk has accused an employee at Tesla (NASDAQ: TSLA) of carrying out "extensive and damaging sabotage to our operations."
In the memo obtained by CNBC,...
Javid announces review of medicinal cannabis
Sajid Javid has announced plans to launch a Government review into the use of medicinal cannabis in the UK.
The Home Secretary said experts would...
Trump: US will not be a ‘migrant camp’
As the US President defended his administration's immigration crackdown, Trump said that he would not allow the US to become a "migrant camp".
Speaking at the White...
Shares plunge as Debenhams issues third profit warning this year
Debenhams (LON: DEB) has issued a profit warning for the third time this year, sending shares down 16 percent in early trading.
The department store "increased...
Bonmarche shares jump on 38pc profit boost
Budget fashion retailer Bonmarche (LON:BON) reported a 38 percent jump in profit, defying the recent high street gloom to post positive results.
Profit before tax...
Trump attacks Merkel’s government over refugees
Donald Trump has attacked Angela Merkel on Twitter, saying: “the people of Germany are turning against their leadership as migration is rocking the already...
Debit card payments overtake cash for first time
According to figures from a banking trade body, debit card transactions have overtaken cash use for the first ever time.
A report by UK Finance found...
Deliveroo faces government inquiry over working conditions
Frank Field MP, the chairman of the work and pensions committee, has launched an inquiry into pay and working conditions at Deliveroo.
The Labour MP...
Audi boss arrested over Diesel scandal
Audi's (ETR: NSU) chief executive has been arrested in connection to the German carmaker's emissions test cheating scandal.
Rupert Stadler was taken into custody on Monday...
Virgin Money agrees £1.7bn takeover by CBYG
Virgin Money has agreed a takeover deal by CBYC,the owner of Clydesdale Bank and Yorkshire Bank.
The £1.7 billion deal will see the creation of the...
AT&T $85bn takeover of Time Warner cleared
AT&T (NYSE: T) has completed its $85 billion takeover of the entertainment firm Time Warner (NYSE: TWX).
Following a six trial, the acquisition was approved by U.S....
High court to rule on Deliveroo’s gig economy
The Independent Workers Union of Great Britain (IWGB) has been given the go-ahead to challenge the employment status of Deliveroo riders in the high court.
The union is...
Rolls Royce shares jump 13pc following growth forecasts
Shares in Rolls Royce (LON: RR) soared 13 percent in early trading after the engine maker said it was on track for exceeding £1 billion...
ZTE shares drop 11pc as investors wait for US decision
Chinese telecoms giant ZTE (HKG:0763) faced yet more bad news on Friday, after its shares fell by a further 11 percent on the Hong...
Tesco shares rise 2pc on strong results
Tesco (LON: TSCO) has posted a 10th consecutive quarter of rising sales, with the group's strongest growth in seven years.
The supermarket giant said sales were...
