Monthly Archives: November 2017

AA sells home emergency business to HomeServe

The AA has sold its home emergency business to rival HomeServe as it moves to focus on its roadside assistance and insurance operations under its new chief executive. The company, which is best known for its yellow breakdown vans, will […]

Britvic warns of uncertainty from sugar tax

Telegraph Business Britvic shares have lifted despite the soft drink maker posting a 9pc fall in profits and cautioning about uncertainty next year following the introduction of the sugar tax. The maker of Robinsons squash and Fruit Shoot drinks recorded […]

Rail shake-up moves to split sprawling Southern rail franchise

Two major rail franchises look set to be split under a radical shake-up by the Transport Secretary Chris Grayling including the giant contract which encompasses Southern. Mr Grayling said the Thameslink, Southern and Great Northern franchise, known as GTR, would […]

Telford Homes boosted by demand for new homes in London

Telegraph Business London-focused housebuilder Telford said that it was boosted by demand for new homes in the capital, despite a “background of uncertainty”. Jon Di Stefano, the chief executive, said: “It’s business as usual with a background of uncertainty but […]

Pound climbs to two-month high against the dollar on Brexit divorce bill breakthrough

Telegraph Business Brexit secretary David Davis and EU chief Brexit negotiator Michel Barnier Pound soars on currency markets after the Telegraph revealed that British and EU negotiators have finally broken the deadlock over the Brexit divorce bill Breakthrough soothes concerns […]

London Stock Exchange boss Xavier Rolet to step down ‘with immediate effect’

Telegraph Business Outgoing London Stock Exchange chief executive Xavier Rolet is to step down “with immediate effect” after a furious row between the company’s board and one of its shareholders over his departure. Mr Rolet had been due to remain […]

Rise of the robots to force 700m workers into new careers by 2030

Telegraph Business Hundreds of millions of workers worldwide will need to find new careers or a new set of skills to compete in the jobs market as robots and artificial intelligence march ahead. As many as 700m people could be […]

Lack of clarity over UK combat aircraft plans contributed to hundreds of job cuts, BAE tells MPs

Telegraph Business A lack of “vision” from the Government about future combat aircraft in the UK contributed to BAE Systems’ decision to axe hundreds of British jobs, MPs have been told. The FTSE 100 defence company announced almost 2,000 redundancies […]

Construction industry warns of Brexit ‘cliff edge’ over EU workers

Telegraph Business The construction sector has come together to warn the Government of the danger to the industry if there is a “cliff edge” for vital EU workers created by Brexit, as it targets building 300,000 homes a year. Official […]

Cineworld approaches US chain Regal over possible merger

Telegraph Business Cineworld, the UK cinema chain, is in talks with Tennessee-based peer Regal Entertainment about a potential takeover, the US group confirmed on Tuesday evening. Regal released a statement confirming the pair were “currently engaged in discussions”, although said […]