Struggling Vodafone and BT to update the City on turnaround efforts May 13, 2024 A highly competitive market, heavy debts, tight regulation and dividend cuts are to blame for Vodafone and BT's poor performance.
Three UK boss says Vodafone merger is ‘vital’ to offset investment costs May 9, 2024 Boss Robert Finnegan said it was a "solid start to the year," but the company continues to be "impacted by inflationary pressures".
Competition regulator to probe takeover of logistics firm Wincanton May 8, 2024 The Competition and Markets Authority (CMA) will investigate logistics firm GXO's £764m acquisition of Wincanton, it has been announced.
UK housebuilding could fall to half of target without intervention new report warns May 7, 2024 Uncertainty and inflation are hitting builders' output, threating government housebuilding targets.
UK’s competition regulator has killed more deals than the EU’s watchdog since 2019 May 4, 2024 The Competition and Markets Authority (CMA) has blocked more tie ups than the European Commission every year bar one in the past five years.
Competition watchdog launches probe into unregulated legal and will writing services April 30, 2024 The competition watchdog has launched a new consumer enforcement investigation into unregulated legal services including that that provide will writing.
Microsoft’s UK revenue soars on success of cloud storage services April 28, 2024 Microsoft's UK revenue surged to over $8bn as it added 600 new staffers last year, according to new company filings.
Andrew Tyrie: How greater competition could spur productivity growth April 25, 2024 "The UK government does not have a framework in place for monitoring levels of competition in the economy that’s fit for purpose," Lord Tyrie said. "It badly needs one".
Regulator launches three investigations into Microsoft and Amazon April 24, 2024 The CMA is worried that big tech partnerships could give the likes of Microsoft and Amazon too much market power and harm competition.
Competition regulator wins ‘important’ legal challenge over search warrants April 22, 2024 The competition watchdog has won a legal challenge against the Competition Appeal Tribunal over domestic search warrants for an alleged cartel investigation