Northern Powerhouse deals announced by China and Britain
Several deals and partnerships between China and Britain are to be announced, aimed at unlocking the potential of the ‘Northern Powerhouse’ – a proposed...
UK’s three largest banks face £600mn bill over forex rigging
According to a new report, three of the UK’s largest banks have been hit with a $924m (£600m) bill over their involvement in forex...
BoE to help small firms compete in the mortgage market
A Bank of England official said on Thursday that the central bank will help small lenders determine how much capital they should set aside...
Secrets of success in commercializing biotech innovation – interview
What does it take to shepherd a biotech start-up business to commercial success? How do you get biotech innovation - which generally requires enormous investment...
Bitcoin exempt from VAT, European Court of Justice rules
The European Court of Justice said on Thursday that the digital currency bitcoin is exempt from value added tax (VAT).
This means that bitcoin will...
Retail sales in September in UK up 6.5% in one year, fueled by Rugby...
Retails sales in the UK were up by 6.5% in September (30 Aug to 3 Oct) compared to the same month in 2014, the...
Car infotainment system triggers motorist inattention
When you talk to your car infotainment system, you may not regain full attention for up to twenty-seven seconds after your last voice-command, American...
Wind and solar energy will match gas cost by 2020
Generating power from solar and onshore wind farms will probably become competitive with gas-fired power generation by 2020, if gas pays what it should...
Home Retail Group issues 2015 profit warning
Home Retail Group, owner of Homebase and Argos, warned that 2015 underlying profits are not going to meet market expectations.
The retail group said that...
China investing £6 billion in Hinkley Point nuclear project
China is investing £6 billion in the Hinkley Point nuclear project in Somerset.
The announcement was made at a news conference by Prime Minister David...