UK

50% of UK bosses have pay frozen or are on a pay holiday, says new survey

A survey of over 1,300 UK bosses shows that nearly 50% of them have had their pay frozen or are on a pay holiday.New...

Manufacturers discouraged by plans to transfer skills strategy to RDAs

British manufacturers have expressed their concern at reports that responsibility for developing skills strategies is to be transferred to the Regional Development Agencies.In a...

Aleltho and ITI Energy to build a gas facility

London-based investment firm Aleltho Energy signed a Memorandum of Understanding with ITI Energy, manufacturers of an efficient patented advanced gasification process, which is designed...

ScottishPower CCS Consortium boosted With Shell and National Grid

ScottishPower has increased its chance of obtaining part of the £1 billion that the UK Government has on offer to develop carbon-capture technology.According to...

Northamptonshire Chamber launches Business After Hours events

Northamptonshire Chamber is launching a new initiative, which help business people to meet for networking.In particular, from 5.30 – 7.30pm on the last Wednesday...

UK Government invests in Airbus A350 XWB project

UK Government has agreed to support Airbus with up to £340 million for the development of the A350 XWB.According to a BIS statement, the...

One North East to support a local company

One North East agrees a grant to a local manufacturer, which is increasing its workforce to satisfy a rise in orders from overseas clients.According...

RBS Pakistan sold to MCB Bank for $87m

The Royal Bank of Scotland Group plc reached agreement in principle for the sale of its 99.37% holding in The Royal Bank of Scotland...

NESTA invests in Big Issue Fund to boost social enterprises

NESTA is contributing an investment of £1m to Big Issue Invest's £10 million Social Enterprise Investment Fund to create capital for growing UK-based social...

Capital for Enterprise Fund, second investment is Vamosa

After announcing an investment of £2m in Ke Tech, the Capital for Enterprise Fund was reported to inject a further £1m in Glasgow-based Vamosa,...

First investment for the Capital for Enterprise Fund

KeTech, a Bedford-based software company, has become the first investment done by the Capital for Enterprise Fund, the Government venture initiative launched in January...

HSBC acquires an Indonesian bank

HSBC has completed a mandatory tender offer for the remaining shares of PT Bank Ekonomi Raharja Tbk held by the general public.HSBC acquired 10.08%...

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