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Tag Archives: new business ideas

UK government criticised for role in Bombardier dispute

The UK government told US authorities that it did not consider itself a “legally proper party” to the Bombardier trade dispute with Boeing.It also only submitted four pages of legal argument to a key hearing on the case held in December.In December, the US Commerce Department ruled the UK …

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Labour MP: 'Lads' culture has no place in our country'

MP Jess Phillips addressed sexual harassment claims brought by an undercover reporter at a charity event.Financial Times reporter Madison Marriage told Newsnight she had been “groped several times” while posing as a hostess at the Presidents Club Charity Dinner.Education Minister Anne Milton said it was “extraordinary that allegations of …

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EU fines chipmaker Qualcomm £870m for Apple payments

The world’s biggest maker of mobile phone chips has been fined €997m ($1.2bn; £870m) by European authorities for paying Apple to use its chips.The EU’s Competition Commission said Qualcomm had “prevented rivals from competing in the market”.Qualcomm said it would appeal against the fine.Competition Commissioner Margrethe Vestager said Qualcomm …

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Truffle tree pension scam cost victims tens of thousands

As many as 245 members of the public have lost an average of £55,000 each, after falling victim to a series of pension scams.Among those who lost money was a couple from Hereford, who invested in a firm producing “truffle trees”.Four people who ran 11 dishonest schemes have been …

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JLR cuts Range Rover production amid diesel uncertainty

Jaguar Land Rover will cut production of some vehicles amid uncertainty over Brexit and changes to taxes on diesel cars. The company will scale back output of Range Rover Discovery Sport and Evoque models temporarily later this year. Last week, JLR said its global sales hit a record in …

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Davos 2018: Bosses confident global growth will continue

Top bosses’ optimism about the global economy is at its highest level for six years, a survey suggests.Some 57% of chief executives say they expect growth to increase this year, almost double the number of last year, according to PwC.The consultancy said it was the strongest level of optimism …

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