UK economy expanded by 0.6% in Q3 2016, ONS data reveals
The UK economy expanded by 0.6% in the third quarter of 2016, up from original estimates of 0.5% growth, according to new data from...
MPs to hold inquiry into the effectiveness of Bank of England policies
The UK Parliament's Treasury Committee is scheduled to hold an inquiry next year into the effectiveness of Bank of England polices since the financial...
Obama bans offshore oil and gas drilling in US Arctic and North Atlantic waters
US President Barack Obama has permanently banned offshore oil and gas drilling in the "vast majority" of US Arctic and North Atlantic waters as...
‘Energy tsunamis’ may bring oil down to $10 by 2025 says utility giant
As their costs fall, five power technologies are swelling into "energy tsunamis" that threaten to sink oil prices to $10 a barrel within a...
UK businesses need to have “barrier-free” access to EU after Brexit, CBI warns
Businesses in Britain need to have “barrier-free” access to markets across the European Union (EU) after the UK leaves the bloc, the Confederation of...
Volkswagen will pay $1 billion to buy back or fix 80,000 3.0-liter diesel vehicles
Volkswagen AG agreed on Tuesday to a $1 billion settlement to repurchase or fix roughly 80,000 polluting 3.0-liter diesel VW, Porsche and Audi vehicles.
Volkswagen...
‘Confirm EU migrants’ right to remain post-Brexit,’ leaders urge Theresa May
In an unprecedented open letter, business and union leaders urge United Kingdom prime minister Theresa May to confirm current EU migrants' rights to remain...
Fingerprint recognition dominates biometrics market – for now
Fingerprint recognition dominates the biometrics market, but changes appear to be on the way, says a new report.
Biometric technologies include recognition of finger, hand,...
1.4 million UK homes without access to broadband speeds of 10Mbit/s
Whilst the availability of superfast broadband has improved in Britain, there are still 1.4 million homes in the country unable to receive “adequate” broadband...
Ofgem threatens firms manipulating the UK wholesale energy market
Ofgem, the UK government regulator for gas and electricity markets, has threatened to fine companies caught attempting to manipulate the wholesale energy market.
According to...