HS2 will ‘short change’ the the North, say peers
Craig TaylorHS2 does not offer value for money and could “short change” the North, warns Lords committee. BBC News – Business
Business
British Steel On the Brink Of Administration
British Steel’s owners Greybull Capital LLP has indicated that the business is in need of £75m to keep it going over the next few months, and it has turned to the British Government for support. They are blaming a slump in orders from European customers due to uncertainty over the Brexit process and the prolonged…
Vodafone’s 5G UK service to launch in July
bethkent ✅Vodafone has said that its 5G service in the UK on July 3rd. It is the first firm to confirm a UK switch-on date and both business customers and consumers will be able to sign up. 5G will mean faster and more reliable data speeds for customers in busy areas. The company will rely on…
Arriva Joins Stagecoach In Suing Government Over East Midlands Franchise
More Chaos On The Rails German State-owned Train Operator Arriva has joined FTSE250 constituent Stagecoach in taking legal action over the government’s decision to award the East Midlands franchise to the Dutch government-owned firm Abellio. The actions are relating to the opaqueness of the bidding process and in Stagecoaches case the decision to ban them…
President Trump Escalates US China Trade War
Trade War Is Coming The wisdom of Donald Trump seemingly knows no bounds as he denies that US consumers will pay higher prices due to the higher tariffs on Chinese imports. The US increased the previous 10% tariff on around $200bn worth of Chinese goods – including fish, handbags, clothing and footwear – to 25%…
Trade war: Trump says US-China relations remain ‘very strong’
The president’s comments come after the US raised tariffs on $ 200bn of China’s products. BBC News – Business