News

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UK needs a clear energy policy to boost renewables growth

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According to an International Energy Agency (IEA) report, renewable energy will become the world’s largest source of new power generation over the next five...
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Teesside Steelworks owner SSI UK enters liquidation

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The owner of Teesside Steelworks, SSI UK, entered liquidation today after announcing that it can no longer financially support its UK subsidiary after MPs...
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UK construction sector expanded more than expected in September

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The UK construction sector expanded at its fastest pace in six months in September. The CIPS/Markit construction Purchasing Managers' Index (PMI) increased to 59.9 in...
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Mike Lynch counter sues HP for $150 million

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Mike Lynch, co-founder of Autonomy Corporation and the founder of Invoke Capital, has sued tech giant Hewlett-Packard for $150 million over allegations the US company made...
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Chinese factory activity beat expectations in September

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Chinese factory activity beat expectations in September, picking up more than forecast, according to official government manufacturing data, but it still contracted for the...
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London plans to tighten rules for firms like Uber

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There could be tighter regulation in store for private hire vehicles (PHV) in London which would affect app-based ride-hailing companies such as Uber. Transport chiefs in...
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UK mortgage lending is on the rise

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Mortgage lending in the UK is on the rise. In August lenders approved the greatest number mortgages in over a year and a half. According...
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Companies should be more open about climate change footprint, says Carney

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The governor of the Bank of England, Mark Carney, said that companies across the world need to be more transparent about their “climate change...
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Drone “near misses” with aircraft prompts talks about tighter regulation

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There could be tighter regulation in store for the use of drones after a string of “near misses” with aircraft close to major airports...
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Glencore shares plunge 30 percent, sends FTSE down 2 percent

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Glencore shares plummeted 30 percent today amid fears of lower metal prices. Shares in the commodity giant plunged to a record low of 69p on...