BT making Openreach a legally separate company, meeting Ofcom demands
BT has agreed to Ofcom’s requirements to make Openreach a legally separate company, with its own staff, board, and management.
The move ensures that Britain’s...
Average UK wages will be no higher by 2022 than they were in 2007,...
According to the director of the Institute for Fiscal Studies, earnings in the UK will be no higher in 2022 than they were in 2007...
Spring Budget: Hammond to deliver an “upbeat” speech about UK economy post-Brexit
Chancellor Philip Hammond will reportedly use his Spring Budget on Wednesday to deliver an upbeat speech about the UK’s economic prospects after Brexit.
According to...
China launches world’s biggest offshore oil exploration platform
China has launched what it claims is the world's biggest and deepest offshore oil exploration platform.
Called Bluewhale 1 - the drilling rig is specifically...
China’s banking system is now the world’s largest by assets
The Chinese banking system is now the world’s largest by assets.
Chinese bank assets rose to $33 trillion at the end of 2016, surpassing $31...
British Airways reducing average legroom by 1 inch on some of its short-haul flights
British Airways is reducing average legroom by 1 inch per seat on some of the planes used for short-haul flights.
The airline is reportedly adding...
Amazon adding phone call and intercom functionality to new Alexa devices, report suggests
Amazon is reportedly working on new Alexa homes speaker devices featuring phone call and intercom functionality.
A report by Recode, citing sources close to the...
Amazon installing rooftop solar power on its warehouses
Amazon has begun installing rooftop solar power atop its warehouses with the intention of completing at least 50 such installations by 2020.
The online retail...
UK to spend an extra £500m a year on technical skills training
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...
Google developing a new Pixel smartphone for 2017
Google has confirmed that it’s developing a new Pixel smartphone for 2017.
The tech giant’s first foray into the smartphone market proved to be a...