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Industry
HS2 is a nightmare. It’s time Britain woken up
Mark Thurston's resignation from HS2 Ltd represents more than a simple staffing change. It's a symbol of failure. We who opposed HS2 under the previous Labour Government, from the moment it was just a twinkle of an eye in Lord Adonis’s eye,…
The corruption scandal in Teesside has threatened a £600m factory investment
Plans to build a £600m cable factory in Teesside could be at risk as a corruption scandal threatens the former steelworks and its Conservative Mayor figurehead.
Global InterConnection Group was founded by British Investor Edi Truell…
UK removes Chinese surveillance cameras from sensitive Government Sites
The UK Cabinet Office will tell central government departments to remove all surveillance equipment made by Chinese companies including Dahua and Hikvision from sensitive sites in an attempt to limit potential intelligence-gathering by…
Royal Mail blames strikes for £419m full-year loss
International Distributions Services, the parent company of Royal Mail, announced that it had posted a loss adjusted for inflation of £419m after a strike-plagued year.
Results showed that the group as a whole, including Royal Mail UK,…
Purplebricks is selling itself for £1 after failing to disrupt estate agents
Purplebricks, the online estate agency that was supposed to disrupt the UK real estate market with its disruptive technology, has now reached an agreement to sell the business for £1.
Purplebricks would transfer its assets, business and…
Electric battery failure could lead to a car industry exodus
Industry leaders have warned that the UK will be "playing catch-up" by 2030.
A panel of battery material experts who appeared before the House of Commons delivered a damning verdict. They said that Britain's automotive industry will be…