Business 06-06-2018

European Union warns businesses against using UK-made components, due to Brexit

Businesses operating in the EU are being told to consider turning away from parts made in the UK, ahead of the their impending exit. Sky News reports that these businesses will risk losing the benefits of free trade arrangements if they do. They revealed that the Dutch government is warning businesses about the prospect of […]

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Business 05-06-2018

Fox awaiting government ruling on Sky deal

Rupert Murdoch’s Fox is eagerly awaiting announcement on their planned takeover bid for Sky Plc, as a statement is expected on Tuesday. Secretary of State for Digital, Culture, Media and Sport Matt Hancock is planning to make an announcement to parliament regarding the government’s stance, and whether or not they will allow the proposed £11.7 […]

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Latest News 05-06-2018

UK government considering nuclear plant involvement

In what would be a significant change in policy, the UK may inject taxpayer funds to take a stake in a new nuclear power plant being constructed in Wylfa, Wales. Government officials revealed that discussions were ongoing with Japanese conglomerate Hitachi over their potential involvement in the project, which could include the state taking a […]

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Business 05-06-2018

Starbucks chairman Howard Schultz to step down

Coffee giant Starbucks have announced that the company’s chairman Howard Schultz will step down at the end of this month. Schultz, who held the position of CEO at Starbucks from 1986-2000, and again from 2008-2017, has been instrumental in growing the business from a small retail chain to one of the largest and most ubiquitous […]

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Business 04-06-2018

Approval for Mothercare’s rescue package – 50 stores to close

A company voluntary arrangement (CVA) has been given the green light by Mothercare creditors, as the company moves forward in refinancing efforts. The CVA will see the closure of 50 underperforming branches, out of 137 total, by June 2019. The move is part of a plan to restructure operations in the UK, as Mothercare hope […]

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Business 04-06-2018

Questions for Visa Europe boss following service failure

Many customers were left irate on a busy Friday afternoon last week, as Visa payments failed across the UK and Europe. Now chief executive of Visa Europe, Charlotte Hogg, is facing heat from UK parliament over the outage, which left countless shoppers unable to complete purchases and travellers stranded during Friday’s rush hour. Desperate customers […]

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Healthcare 02-06-2018

Antibiotic supply chain crisis emerging

Antibiotic shortages may be imminent for many nations, warns a report from the Access to Medicine Foundation (AMF). “Antibiotic supply is patchy, complex and at risk of collapsing,” said the authors from the Dutch-based organisation. Supply chain complexities contributed to low transparency and accountability, as a result hampering volume and quality of medication. As antibiotics […]

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Business 02-06-2018

PMI shows UK manufacturing growth for May

British factories showed positive growth results in the most recent PMI manufacturing survey. Despite hitting the lowest mark in 17 months this March, May’s report put growth at 54.4, a slight increase from the 53.9 recorded for April. The month’s result was the 22nd month with a positive growth score since 2016’s Brexit vote. The […]

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Business 02-06-2018

Network Rail arches sale endangering small businesses

Government owned Network Rail’s planned billion pound sale of railway arches to a private owner is set to put thousands of small businesses at risk of closure. Across England and Wales, tenants of the arches are being hit with rent increases of up to 500% on short notice, as well as some cases demanding as […]

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Latest News 02-06-2018

Implications for DNA privacy after Golden State Killer arrest

While many are championing the arrest of Joseph DeAngelo, others say the methods used by law enforcement open some troubling doors relating to DNA privacy. DeAngelo was arrested April 25 at his home in California. He is alleged to have been the “Golden State Killer”, responsible for 12 murders, 45 rapes and over 100 burglaries […]

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