The government’s no-deal ferry contracts will require further payments if Brexit is delayed.
Boeing’s top-selling jets grounded until May as investigators work out what caused two fatal crashes.
Succinct Summations for the week ending March 15th, 2019 Positives: 1. Same store sales rose 4.4% w/o/w, greater than previous 4.2% increase; Retail sales rose 0.2% m/o/m above the expected 0.1% increase. 2.Business inventories rose 0.6% m/o/m, meeting expectations. 3. Job openings rose 1.4% in January from 7.479M to 7.581M 4. New home sales came in at 607k…
The cafe chain’s deficit is larger than first thought and may warrant further legal action, a report says.
Mike Mackenzie’s daily analysis of what’s moving global markets
Sir Philip Green’s retail empire considers store closures amid “exceptionally” tough conditions.
Young demonstrators in more than 120 countries demand cuts in greenhouse gas emissions
The contractor, which has 45,000 UK staff, says the latest move will protect services and jobs.
Ownership falls to lenders but company will continue trading and operating public services
The government contractor Interserve has gone into administration after its largest shareholder, the US hedge fund Coltrane, led a rebellion against financial rescue plans drawn up by the company’s lenders.
About 16,000 small shareholders have lost their investment, with the business sold to hedge funds and banks via a “pre-pack” administration which means Interserve, which employs 45,000 people in the UK, can continue trading.
First Carillion and now Interserve. The gov’t model of outsourcing services to cut costs has failed. It is time to bring these contracts back in-house. https://t.co/yjfvTqBmpo