UK business investment expected to rise in 2017, BoE survey reveals
A survey of 700 companies by the Bank of England revealed that UK business investment is expected to rise in 2017 on higher export...
McLaren opening a £50 million manufacturing plant in Sheffield
McLaren Automotive announced plans to bring production of its carbon-fibre chassis from Austria to northern England.
The British automaker said it will open a £50...
BP profits doubled in the fourth quarter of 2016
BP profits doubled in the fourth quarter of 2016. Underlying replacement cost profit, BP’s preferred measure, rose to $400 million in the last three...
UK tax burden to reach 30-year high, says IFS
The UK tax burden - the proportion of national income collected in taxes - is set to rise to its highest level in 30...
‘Oceangoing fully autonomous ships in next 15 years,’ says Rolls Royce
The technology revolution taking place on land with the advent of driverless vehicles also looks set to transform sea transport. In the near future,...
US regulator approves $4.2 billion Rover natural gas pipeline from Pennsylvania to Ontario
The US Federal Energy Regulatory Commission has approved the construction of Energy Transfer Partners LP’s $4.2 billion Rover natural gas pipeline from Pennsylvania to...
Google selling its satellite imaging business Terra Bella to Planet Labs
Google announced on Friday that it is selling its satellite imaging business, Terra Bella, to San Francisco-based private satellite operator Planet Labs.
Planet Labs will...
Trump orders review of Dodd-Frank, an effort to ease US financial regulation
US President Donald Trump has ordered a review of the Dodd-Frank Wall Street Reform and Consumer Protection Act, an act that brought significant changes...
Amazon reports Q4 revenue of $43.7 billion, below market expectations
Amazon reported revenue of $43.7 billion in the fourth quarter, failing to meet market expectations, but a 22% increase compared with revenue of $35.7...
Electric cars ‘could displace 2m barrels of oil per day’ by 2025
Oil companies are seriously underestimating global progress in low-carbon transition. If they continue to assume demand for oil will grow unabated they will likely...