News from Business

BT removing Huawei equipment from parts of 4G network

BT removing Huawei equipment from parts of 4G network

BT has confirmed it is removing Huawei equipment from key areas of its 4G network, as concerns are raised about the Chinese firm’s presence in critical telecoms infrastructure. Governments in the US, New Zealand and Australia have already moved to...

Guardian, 5 December 2018
 
Ted Baker vows swift investigation into 'forced hugging' claims

Ted Baker vows swift investigation into 'forced hugging' claims

A senior Ted Baker non-executive director will lead a “professional, impartial” and swift investigation into allegations that the company’s founder and chief executive, Ray Kelvin, forced hugs and kisses on employees. Sharon Baylay, a former BBC...

Guardian, 5 December 2018
 
Clothing brand Joules stocks up in case of no-deal Brexit

Clothing brand Joules stocks up in case of no-deal Brexit

The British clothing brand Joules is stocking up early on next year’s spring and summer ranges and has rented an EU warehouse in preparation for a no-deal Brexit. The company said it was bringing forward its product orders for its spring and summer...

Guardian, 5 December 2018
 
TSB staff to get £1,500 each as reward for handling IT fiasco

TSB staff to get £1,500 each as reward for handling IT fiasco

TSB is handing £1,500 to each employee by Christmas to reward staff for handling the fallout from its IT meltdown earlier this year. The payout will cost the bank £11m and temporarily replace the company’s March bonus, which is linked to annual...

Guardian, 5 December 2018
 
Sir Terry Morgan resigns as chairman of Crossrail and HS2

Sir Terry Morgan resigns as chairman of Crossrail and HS2

Sir Terry Morgan, the chairman of Crossrail and HS2, who last week predicted he would be sacked from both roles “within days” due to delays and cost overruns, has resigned. The Department for Transport said Morgan, who became chairman of Crossrail in...

Guardian, 5 December 2018
 
HS2 and Crossrail chairman resigns

HS2 and Crossrail chairman resigns

The chairman of the Crossrail and HS2 rail programmes, two of Britain's biggest infrastructure projects, has resigned from both roles. Sir Terry Morgan, who took up the HS2 role just four months ago, has been involved in London's Crossrail project for...

BBC, 5 December 2018
 
Brexit betrayal would damage society, Philip Hammond tells MPs

Brexit betrayal would damage society, Philip Hammond tells MPs

A betrayal of the Brexit vote would have far-reaching consequences for the social fabric of Britain that would outweigh the economic cost of leaving the EU, Philip Hammond has told MPs. In an admission from a senior government figure that Brexit is a...

Guardian, 5 December 2018
 
'Axe the reading tax': book industry demands end to VAT on ebooks

'Axe the reading tax': book industry demands end to VAT on ebooks

The UK government is being urged to axe the “illogical and unfair” 20% tax currently imposed on ebooks, while print books remain exempt, after European legislation cleared the way for this to happen. The new legislation, which came into force on...

Guardian, 5 December 2018
 
Funding Nemo: £600m power cable connects UK and Belgium

Funding Nemo: £600m power cable connects UK and Belgium

A £600m cable connecting the UK and Belgium’s energy systems is about to be switched on, becoming the first of a new generation of interconnectors that will deepen the UK’s ties to mainland Europe just as it prepares to leave the EU. The Nemo link is...

Guardian, 5 December 2018
 
Deliveroo wins latest court battle over rider rights

Deliveroo wins latest court battle over rider rights

Riders hired by food courier Deliveroo are not entitled to collective bargaining, the High Court has ruled. The ruling confirmed a previous judgement by labour law body the Central Arbitration Committee (CAC). The Independent Workers Union of Great...

BBC, 5 December 2018
 

South Western Railway relents and allows use of reusable cups

A rail operator has done a U-turn and agreed to let passengers use their own reusable cups for hot drinks bought on board its trains after criticism by environmental campaigner Hugh Fearnley-Whittingstall. South Western Railway changed its policy...

Guardian, 5 December 2018
 

Aston Martin creates reversible electric classic cars

The electric car seems to be on a path to world domination and this has some classic car owners worried.  While many of the machines of the 1960s and ’70s boast timeless designs penned by Italian coach builders, their noisy, high-polluting engines...

The Week, 5 December 2018
 

Dobbies gears up for festive boost amid growth plans

Dobbies Garden Centres, which is headquartered in Midlothian and runs 40 sites throughout the UK, has highlighted the opportunity for further growth both organically and through acquisitions. The firm said it had notched up a strong trading...

Scotsman, 5 December 2018
 
Deliveroo riders lose high court battle to gain union recognition

Deliveroo riders lose high court battle to gain union recognition

Deliveroo riders have lost a high court battle to gain union recognition, in a blow to gig economy campaigners. The ruling dismissed a judicial review brought by the Independent Workers Union of Great Britain (IWGB) union which aimed to overturn an...

Guardian, 5 December 2018
 
Iceland's banned palm oil advert should have aired, says ITV chief

Iceland's banned palm oil advert should have aired, says ITV chief

The chief executive of ITV has said she believes Iceland’s controversial anti-palm oil festive campaign should have been allowed to air on TV. As part of its festive campaign the discount supermarket struck a deal with Greenpeace to rebadge an...

Guardian, 5 December 2018
 


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