Author: Nathan Bissitt

The Department for Transport has shortlisted five companies to build trains for the new HS2 rail network.Alstom Transport, Bombardier Transportation UK, Hitachi Rail Europe, Patentes Talgo and Siemens are vying for the £2.75bn contract. The winner will design, build

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Profits at BT dipped in the second quarter partly due to higher payments for sports rights and a slowdown in its global corporate services division. The company said other factors holding back profits included investment in customer service, and higher pension costs

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President Donald Trump is planning to name Jerome Powell as his choice to lead the US central bank, according to US media reports.Mr Powell, a Republican and multi-millionaire, is already a member of the bank’s board.The president is set to announce his nominee

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Morrisons, the UK’s fourth-biggest supermarket chain, has reported a 2.5% rise in sales for the third quarter.The rise in like-for-like sales, which measures activity in stores that have been open for more than a year, shows the retailer’s recovery is

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Electric carmaker Tesla pushed back targets for its new Model 3 car, admitting it’s months behind schedule.Tesla said it would now produce 5,000 of the cars each week by early 2018, instead of December.The new target emerged as Tesla posted its biggest quarterly

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Just five years ago, DP World London Gateway was still being dredged from the Thames. Now the UK’s newest port is trying to lure the world’s biggest ships to its quayside to get us our shopping quicker. You browse online, click on something you fancy, and

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A new breed of fashionable private members clubs are growing in popularity around the world, promising to be more inclusive and diverse than their stuffy older counterparts.Yet while the newer venues certainly have a far more youthful membership, and you certainly

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The Bank of England will deliver one of the most closely watched interest rate decisions since the financial crisis later on Thursday.Economists and investors are expecting the first increase in a decade.In September, the Monetary Policy Committee (MPC) laid the

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The last time the Bank of England put up interest rates was ten years ago, in July 2007. As the Bank of England prepares to vote on what may be the first rate hike since then, we take a look back on the past decade in monetary policy.Video journalist Greg

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