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Business

  • Westminster becomes first council to charge more to park diesel cars

    January 28, 2017

    Westminster is becoming the first London borough to make drivers of diesel cars pay more to park. The council will charge 50 per cent more for diesel cars parked in Marylebone from 3 April, in an attempt to make a "greener, healthier city". Read more: These airports have the most expensive parking charges Resident permits [...]

  • May announces £100m defence collaboration deal with Turkey

    January 28, 2017

    Prime Minister Theresa May and Turkish President Recep Tayyid Erdogan have announced a defence deal worth over £100m for the development of fighter jets for Turkey. May is currently visiting Turkey to talk about both trade and security. Read more: Is Theresa May right to be cosying up to Donald Trump? Speaking at Erdogan's presidential [...]

  • Theresa May heads to Turkey to talk trade and security

    January 28, 2017

    Prime Minister Theresa May is on quite a trip this weekend – having just met US President Trump, she has now hopped on a flight to Turkey to meet President Recep Tayyid Erdogan. Trade and security will be at the top of May's agenda as she seeks to carve out the UK's new position in global [...]

  • Berlin mayor tells Trump: “Don’t build this wall!”

    January 28, 2017

    The mayor of Berlin has implored US President Donald Trump not to build a wall along the US-Mexico border because such divides "destroy the lives of millions". Socialist democrat politician Michael Mueller became the mayor of Berlin in 2014, the year the city commemorated the 25th anniversary of the fall of the Berlin wall. Read more: [...]

  • Trump bans Syrian refugees

    January 28, 2017

    The US President has banned Syrian refugees from entering the country to "keep radical Islamic terrorists out of the US". Trump signed an executive order which also suspended the admission of refugees for four months, and stopped visitors coming from six mainly Muslim countries for three months. Read more: Trump: "We have one of the great bonds" At a [...]

  • Trump and May discuss Nato, trade and Brexit during brief press conference

    January 27, 2017

    Talks between Theresa May and Donald Trump were an "indication of the strength and importance of the special relationship between our two countries," May said at a joint press conference between the two leaders today. The pair said they planned to discuss Nato and a state visit by Trump to the UK later this year [...]

  • Five numbers that explain the merger between Tesco and Londis owner Booker

    January 27, 2017

    This morning, Tesco announced it would be making the biggest supermarket merger in UK history and would be gobbling up wholesaler Booker Group. Here are five key numbers that explain the landmark deal. £3.7bn The deal has valued Booker at £3.7bn; each Booker shareholder will get 0.861 shares and 42.6p in cash for every Booker share. [...]

  • Tescooker? Everything you need to know about Tesco eating Booker

    January 27, 2017

    The UK's largest supermarket, Tesco, announced this morning that it will merge with wholesaler and convenience store supplier Booker Group.  Share pries for both companies flew, with Tesco finishing the day nine per cent higher, at 206.3p, while Booker rose 16 per cent to 212.3p – above Tesco's offer price. Here's everything you need to know about the [...]

  • European industry fears being left behind without investment in innovation

    January 27, 2017

    European industrialists have called for a big increase in efforts to boost innovation as they fear a rise in protectionism and trade restrictions damaging the EU’s economy. The rise in protectionism, most potently symbolised by the rise of Donald Trump as US President, has alarmed business leaders in the European Round Table of Industrialists. Kurt [...]

  • The Lewisham train line is opening again on Monday after last week’s derailment

    January 27, 2017

    A 50m stretch of railway near Lewisham which was damaged when a freight train derailed earlier this week will open on Monday, Network Rail said – although it also warned commuters to check before they travel.  The company, which looks after the UK's rail networks, said "good progress has been made" on repairing the line, [...]

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