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Cobham sale is a bad deal but not a national security threat

Andrea Leadsom’s 11th-hour review of US private equity takeover looks doomed to fail Andrea Leadsom to the rescue? The business secretary has ordered a formal review, on national security grounds, (...)
18/09/2019

‘They’ve run off with our goods’ – anger at Albemarle & Bond HQ

Deadlock between security guard and irate customers at stricken pawnbroker’s Oxford warehouse On Cowley Road in Oxford, irate customers of the stricken pawnbroker Albemarle & Bond are locked (...)
18/09/2019

Lloyd’s of London boss pledges action on sexual harassment

Results of survey into culture at insurance market will be released next week The Lloyd’s of London boss has said he was “devastated” by a report on sexual harassment against women working in the (...)
18/09/2019

British Airways pilots call off second September strike

Union says it hopes airline will negotiate seriously but it is time for period of reflection British Airways pilots have called off a strike due next Friday, the union said. The second strike, (...)
18/09/2019

Energy regulator to face MPs’ questions over role in blackout

Official documents show Ofgem has known for 10 years that new safeguards are needed The energy industry regulator is to be hauled before a committee of MPs to face questions over its role in last (...)
18/09/2019

Yorkshire mine firm is big, bold and northern – but it's riddled with risk

It is little wonder the government has declined an offer to back Sirius Minerals’ fertiliser mine Sirius Minerals, the now-troubled $5bn (£4bn) fertiliser mine under the North York Moors, would (...)
18/09/2019

Federal Reserve cuts interest rates, and earns another blast from Trump - as it (...)

The US Fed votes to cut interest rates for the second time this year, but president Trump wants more Jerome Powell gives press conferenceLatest: Trump says Fed has no gutsBreaking: Fed cuts rates (...)
18/09/2019

Leadsom intervenes in takeover of defence supplier Cobham

National security cited after investors accept offer from America’s Advent The government has intervened in the planned £4bn takeover of Cobham, a UK aerospace and defence supplier, by a US private (...)
18/09/2019

Travelex ATM’s phantom payout was out of order

I got a receipt from the machine but no money … and no action I used a Travelex cash machine to withdraw €100 at Heathrow Terminal 4 at the beginning of July. It returned my debit card, but issued (...)
18/09/2019

ECB has put Europe on a collision course with Donald Trump

Plan to cut interest rates and continue QE is an exchange-rate policy in all but name On 12 September, the European Central Bank decided to launch yet another asset-purchase programme, with plans (...)
18/09/2019

Slow digital services are marginalising rural areas, MPs warn

Lack of fast-broadband and 5G make country communities feel ‘second-class’, MPs say Rural inhabitants risk becoming “second-class” citizens in the digital revolution as urban dwellers benefit from (...)
18/09/2019

Consumer groups urge Coalition to crack down on dodgy payday lenders

Ongoing delays prompt warning that predatory behaviour continues to force the vulnerable into debt spiral The Coalition insists it is progressing new laws to crack down on dodgy payday lenders as (...)
17/09/2019

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