Osborne wants to link UK and Chinese stock markets
Chancellor George Osborne wants to forge a “golden relationship” between the UK and China.
Part of this effort involves linking British stock markets with those...
Groupon shedding 1,100 jobs and pulling out of 7 countries
Groupon, the discount e-commerce marketplace, announced that it is shedding 1,100 jobs and ceasing operations in seven markets internationally.
The decision was made to help...
Northern Ireland bans GM crops
Northern Ireland has just banned the growing of genetically modified (GM) crops.
Mark H Durkan, Stormont’s environment minister, said that he was "unconvinced of the...
Progress in reducing fossil fuel subsidies is “alarmingly slow”
Global progress in cutting fossil fuel subsidies is “alarmingly slow”, the Organisation for Economic Cooperation and Development (OECD) warned on Monday.
A subsidy is money...
Volswagen shares plummet 18% on emissions cheating scandal
Shares in Volkswagen plummeted by over 18% today after US regulators found that some of its vehicles have been giving false readings on official...
Zurich’s £5.6 billion pound takeover of RSA has collapsed
Zurich’s £5.6 billion takeover of rival insurance company RSA has collapsed.
The decision to pull out was made after the Swiss company disclosed a £177...
UK was far less productive than other G7 nations in 2014
The UK was much less productive in 2014 compared to other G7 nations.
According to official data released on Friday, the UK lagged behind its...
Average UK property price soars to record £294,834 in September
The average property in the UK hit a record high in September, up £2,550 to £294,834.
Analysts believe that it is very well possible for...
Osborne makes £2 billion guarantee for nuclear power station at Hinkley Point
George Osborne just signed off a £2 billion pound government subsidy for a new nuclear power station at Hinkley Point in southwest England.
The Chancellor...
Osborne confident in Chinese economy, calls for stronger UK-China relations
George Osborne delivered a speech on Sunday highlighting his confidence in the Chinese economy and desire for the UK to forge a better relationship with...