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IPPR proposes creation of ‘shared market’ for UK and EU

Image copyright AFP A think tank is proposing a post-Brexit trading deal based on the UK and the EU sharing each other’s markets. It would see the UK and EU continuing the regulatory alignment that exists today, and the formation of a new customs union similar to the existing one, the centre-left IPPR said. It […]

Mobile phone and broadband services need ‘radical improvement’

Mobile phone and broadband services need ‘radical improvement’

The head of the National Infrastructure Commission has called for urgent action to tackle poor mobile phone coverage. Lord Adonis has written to the telecoms regulator Ofcom urging it to take action to deal with the issue. It follows a report that one million homes have poor broadband and large parts of the UK have […]

Advertising Standards considers inquiry into Amazon Prime

Image copyright Reuters The UK Advertising Standards Authority (ASA) is considering whether to launch a formal inquiry into delivery targets missed by online giant Amazon. Amazon’s top service, Prime, offers next-day deliveries for £7.99 a month. The ASA told the BBC: “We have received a handful of complaints about Amazon parcel deliveries and we are […]

Bitcoin trading starts on the huge CME exchange

Image copyright Getty Images Bitcoin has moved another step towards mainstream investing with the start of trading on the huge Chicago Mercantile Exchange financial futures market. It comes as the value of the digital currency approached $20,000 on Sunday, before drifting below $19,000. Last week, Chicago’s CBOE exchange began Bitcoin futures trading – bets on […]

Ryanair pilots in Ireland suspend strike plans

Image copyright PA Image caption Ryanair boss Michael O’Leary had always refused to recognise pilots’ unions Ryanair pilots have suspended a pre-Christmas one-day strike, union bosses have announced. The Impact union, which represents Irish-based pilots, has agreed to meet Ryanair’s management on Tuesday ahead of the planned action on Wednesday. It follows Ryanair’s decision on […]

Sky News faces uncertain future after Disney-Fox deal

Image copyright Getty Images Walt Disney’s agreement to buy most of 21st Century Fox’s business for $52.4bn (£39bn) has raised further questions about the Sky News channel’s future. Before news of the deal, Rupert Murdoch’s Fox had been trying to buy the 61% of satellite broadcaster Sky that it does not yet own. That attempt […]

Cash controversy: The High Streets with too many ATMs

Shoppers in Gallowtree Gate, in the centre of Leicester, should never find themselves short of cash. Within a five minute walk they can find no fewer than 68 cash machines, or Automated Teller Machines (ATMs) as they are more properly known. Including machines inside the banks themselves, there are 41 within a minute of each […]

Unilever sells margarine business to KKR for £6bn

Image copyright Newscast Unilever has agreed to sell its margarine and spreads business, which include Flora and ProActiv, to private equity giant KKR for €6.8bn ($8bn; £6bn). The move follows a wide-ranging review of its business which was prompted by a takeover attempt by rival Kraft. Unilever said it would look for a buyer of […]

Ryanair in union offer to avoid Christmas strikes

Image copyright Getty Images Ryanair has said it is prepared to recognise pilot unions as it seeks to avoid strike disruption over the Christmas period. Earlier this week, 79 Dublin-based Ryanair pilots said they would strike for one day on 20 December. The airline was also facing action by pilots elsewhere in Europe. Ryanair has […]

HS2 redundancy pay ‘shocking waste’ of taxpayer cash

Image copyright Other Image caption A computer generated image of an HS2 train on the Birmingham and Fazeley viaduct Unauthorised redundancy payments made by the state-owned company managing the HS2 rail project were a “shocking waste of taxpayers’ money”, MPs have said. The Public Accounts Committee said the firm overseeing construction of a high-speed rail […]

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