Shopper confidence hits five-year low as Brexit uncertainty bites | Enterprise

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Shopper confidence has slumped to a five-year low as Brexit uncertainty left buyers fearing for the soundness of the UK financial system within the months forward. The GfK index, which is utilized by the European fee to guage…

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Virgin Atlantic pilots’ strikes blocked by excessive courtroom | Enterprise

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Virgin Atlantic has received a excessive courtroom injunction to halt a sequence of deliberate strikes by pilots over the festive season. A decide in London granted the order on Thursday towards the Skilled Pilots Union (PPU), which was…

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New offshore windfarms push UK renewables to document | Enterprise

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Virtually a 3rd of the UK’s electrical energy got here from renewable sources between July and September, as wind generators and photo voltaic panels helped obtain a quarterly document for inexperienced power. Main new offshore windfarms connecting to…

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Financial institution of England retains rates of interest on maintain amid Brexit uncertainty | Enterprise

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Rising worries over prospects for the world economic system and the mounting fallout from Brexit uncertainty have pushed the Financial institution of England to maintain rates of interest on maintain earlier than Christmas. Sounding the alarm that Brexit…

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The Financial institution’s determination to carry rates of interest was inevitable | Larry Elliot | Enterprise

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By now, had issues turned out otherwise, Theresa Could would have secured the passage of her Brexit withdrawal invoice by parliament and the UK would unquestionably be on track to depart the EU on the finish of March….

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Kier buyers shun efforts to boost £264m in funds | Enterprise

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Buyers within the building group Kier have shunned a £264m fundraising effort designed to forestall the agency from changing into the subsequent Carillion, with simply 38% of the brand new shares taken up. A bunch of monetary establishments…

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Fb might lastly face a reckoning as extra grave misdeeds are revealed | Jill Abramson | Opinion

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So far, the general public and political response within the US to Fb’s grave misdeeds has been surprisingly muted. That’s about to vary. Strikes to oust the corporate’s management group of Mark Zuckerberg and Sheryl Sandberg abruptly look…

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I warned airports about drones. Now Gatwick exhibits they need to take motion | Simon Moores | Opinion

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“I have a drone on my airfield” – a press release that welcomes passengers to the newest dimension in air-travel disruption. Phrases of despair from the chief operating officer of Gatwick airport within the busiest journey week of…

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Bitcoin could also be overseen by UK’s monetary regulator | Know-how

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The UK authorities stated it “stands prepared” to empower Britain’s monetary regulator to supervise all cryptocurrency belongings, after a warning from MPs that bitcoin and different cryptocurrencies had been “wild west” belongings that uncovered shoppers to a number…

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‘A unclean deal’: wave of Siemens plant closures hits newest victims within the US | Enterprise

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December 21 will likely be 56-year-old Joe Kempker’s final day on the Siemens Turbine Plant in Burlington, Iowa, the place he’s labored for 31 years. The plant has been Kempker’s life. “It takes a bit little bit of…

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