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Unilever says Kraft Heinz is biting off more than it can chew
Household goods firm Unilever has firmly rejected a surprise takeover bid from US food company Kraft Heinz. The Americans offered $143 billion (135 billion euros) for the Anglo-Dutch firm which is well known for brands such as Lipton tea...
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Amazon to add 15,000 jobs across Europe, 5,000 in Britain
Online retailer Amazon has said it will create more than 5,000 jobs in Britain this year. At least 2,000 of those had actually been announced before but the news is an indication that the company will continue to invest there despite the...
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Germany encouraged, UK worried over Opel-Vauxhall sale to PSA
General Motors and PSA Peugeot Citroen continue their efforts to get government support for the sale of GM’s European Opel-Vauxhall division to PSA. Germany’s Deputy Economy Minister Matthias Machnig said initial talks with the carmakers...
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A dream-like escape from Alice Temperley at London Fashion Week
A dream-like escape was on offer at the start of London Fashion Week. Designer Alice Temperley kicked off her “Painted Dreams” presentation with peasant-like shirts with puffed up sleeves, tops with high regal collars and black neck...
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Juncker warns Britain must pay ‘hefty bill’ to leave the EU
The UK will face a “very hefty” bill for leaving the European Union, European Commission president Jean-Claude Juncker said on Tuesday. The former prime minister of Luxembourg made the comments in a speech to Belgian politicians about...
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Burberry and Erdem at London Fashion Week
It was “See now, buy now” from Burberry at London Fashion Week. Fashionistas could buy what caught their fancy straight off the runway rather than wait the traditional six months for the clothes to hit the stores. British artist Henry...
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British economy finishes 2016 strongly but Brexit effects loom
Britain’s economy sped up at the end of last year expanding by more than previously estimated with improved manufacturing growth and stronger exports thanks to the weaker pound. The latest figures from the Office for National Statistics...
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Bowie storms 2017 Brits but newer names make their mark
The late David Bowie was the big winner at this year’s Brits. His swan song album “Blackstar” was not the only award-winner, as the British Record Industry Trust also named him Best Male solo artist. Film director Duncan Jones, Bowie’s...
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EU’s Juncker warns of Brexit risk to Good Friday Agreement
European Commission chief Jean-Claude Juncker has warned how Brexit could threaten peace in Northern Ireland after a meeting with Irish PM Enda Kenny. “We don’t want to have hard borders between Northern Ireland and the Republic. We want...
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Royal Bank of Scotland makes a loss for ninth straight year
The sins of the past continue to hammer British lender Royal Bank of Scotland. The subject of the world’s biggest bank rescue, RBS just announced losses of 6.96 billion pounds (8.2 billion euros) for 2016 and said it will cut costs by...
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PSA Peugeot Citroen boss reassures over future of Vauxhall plants
PSA Peugeot Citroen’s top boss has played down the threat to General Motor’s Vauxhall factories in Britain if the French carmaker takes over GM’s Europe operations – that is Opel and Vauxhall. In London on Friday Carlos Tavares met...
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Labour’s Corbyn rebuffs calls to resign after Copeland election loss
Labour leader Jeremy Corbyn has rebuffed calls to quit after losing a key by-election to the Conservatives. He said that he was not to blame for the defeat in Copeland. According to Corbyn, Labour’s “message was not enough to win through...
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UK services sector optimistic, CBI survey finds
It seems optimism among the people who run businesses in Britain’s services sector is now higher than at any time since the UK’s June vote to leave the European Union. That is the finding of a major survey of companies by the employers...
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The self-sufficient toilet could be on its way thanks to power created by urine
At the Bristol BioEnergy Centre, urine is the fuel of the moment and an outdoor urinal ensures there is no shortage. Everyone from students to builders and lab technicians at the centre donate their urine to scientific research. Once...
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Cautious outlook from Thomas Cook
There was mixed news from tour-operator Thomas Cook on Thursday. Its bookings for the summer were up on last year, but it remained cautious about the rest of 2017. “We have made a solid start to the year, but it is still early days, and...
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UK economy resilient at end of 2016, manufacturing jumps
Britain’s economy remained resilient at the end of last year according to the latest official figures despite the surprise vote in June to leave the European Union. However 2017 looks likely to be more difficult. According to the Office...
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Rolls-Royce’s profits dive
British aircraft engine maker Rolls-Royce’s profits have taken a dive. It suffered a record annual loss of 4.6 billion pounds (5.4 billion euros). That included 671 million pounds (788 million euros) being paid to settle bribery...
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UK employment rate at record high, pay growth slows
The employment rate in Britain has hit a new all-time high. The number of people in work rose in the three month period up to December having fallen in the two previous monthly reports. The unemployment rate remained at its lowest in 11...
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Brexit has fashion industry talking
It was bold, brave and beautiful and ‘Pure London’ The annual retail fashion show is vital to the UK fashion industry. It was the first gathering of buyers, sellers and fashionistas since the vote for Brexit. We had such a great day...
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Tesco goes wholesale with Booker buy
Britain’s biggest supermarket chain Tesco is expanding from retail into wholesale. It plans to buy leading UK food wholesaler Booker for 3.7 billion pounds (4.3 billion euros). The move means Tesco will also be supplying many of...
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Classroom robots prepare pupils for high-tech industry
Dancing to a robot in the classroom with robots. It is perhaps a look into the future as robots are going to be used as an educational tool in schools especially to teach pupils specific skills wanted in the high-tech industry. Pilot...
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UK central bank raises growth outlook
Britain’s central bank has again raised its forecast for economic growth there this year, but does not seem to be in a rush to raise interest rates from their record low as the UK economy adjusts to the prospect of leaving the European...
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Malta PM: Brexit hits ‘hard,’ migrant system ‘dysfunctional’
The reality of Brexit is hitting Europe “hard on the nose” and the migrant crisis has arisen from a “dysfunctional” system, Malta’s prime minister has told Euronews. Joseph Muscat was speaking ahead of an EU summit on the Mediterranean...
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From Malta to May – British expats on Brexit
British Prime Minister Theresa May has been in town for an informal EU summit in Malta – despite her plan to start negotiations for Brexit. But leaders left it until later in the day, when she had left, to discuss shoring up popular...