Business

Philip Hammond

UK to spend an extra £500m a year on technical skills training

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The UK government is committing an extra £500m a year to improve technical skills training, an effort to offset the lack of EU workers ahead...
PSA GROUPE_GM_OPEL_ACQUISITION

PSA Group supervisory board approves Opel and Vauxhall takeover

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France's PSA Group will become the second largest automaker in Europe, knocking Renault down to third place, after striking an agreement with the U.S....
Hamburg port

China is Germany’s biggest trading partner

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China has overtaken the United States and France to become Germany's biggest trading partner for the first time. Preliminary figures from the German Federal Statistical...

Boots closing 220 photo labs in the UK, 400 jobs at risk

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Boots, one of the largest pharmacy chains in the UK, has confirmed that it will be closing 220 of its photo labs. The company said...
dyson founder

Dyson building a 517-acre R&D centre at Hullavington

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High-end vacuum maker Dyson Ltd announced plans to build a new 517-acre research and development centre at Hullavington in Wiltshire, England, near its Malmesbury...
job loyalty millennials

Job loyalty stunting millennials’ pay, report suggests

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Job loyalty appears to be a major reason Britain's millennials - people who came of age around the millennium - are the first workers...
Nissan self-driving vehicles

UK government sets out new measures for insuring self-driving vehicles

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The United Kingdom parliament is currently debating legislation that will extend the requirement for motor insurance to include owners of self-driving vehicles. When it...
graphene structure pixabay 147571

Graphene battery project anticipates high performance results

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A mining company that also makes green energy storage solutions has announced it has set "preliminary numbers" for the graphene battery project it launched...
Vauxhall's,_Ellesmere_Por

PSA Group guarantees production at Vauxhall plants until 2021 if takeover goes ahead

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PSA Group chief executive Carlos Tavares reassured unions and the government that production at Vauxhall plants in Britain will be guaranteed until at least...
Barclays

Barclays’ 2016 pre-tax profit nearly tripled to £3.2 billion

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UK banking giant Barclays posted a surge in annual profits for 2016 on higher investment banking revenues and a significant drop in litigation and...