Monthly Archives: November 2017

A Corbyn Labour victory would force borrowing costs up in debt splurge, experts warn

Telegraph Business A Labour government’s spending splurge would push borrowing costs up by flooding the market with extra bonds, analysts have warned. Markets are failing to price in the risk of a general election or a no-deal Brexit, according to […]

UK banks can weather chaotic Brexit but RBS and Barclays in worst shape, says Bank of England

Telegraph Business Britain’s major lenders are robust enough to survive a chaotic Brexit but the Government must act quickly to minimise disruption to trillions of pounds of contracts, the Bank of England has said. Regulators on Threadneedle Street gave the […]

4,000 jobs on the line as wholesaler Palmer & Harvey heads towards administration

Telegraph Business Embattled wholesaler Palmer & Harvey is expected to tumble into administration today putting 4,000 workers at risk just weeks before Christmas despite months of rescue takeover talks. PwC is understood to be waiting in the wings to handle […]

Robotic revolution: How a robot could be your next surgeon

Telegraph Business A quiet robotic revolution is occurring within the health sector, and experts predict that we will see a substantial rise in robotic systems in hospitals across the UK within the next five to 10 years. It’s a scary […]

Electric aircraft near take-off as Rolls-Royce and Airbus team up to build ‘e-jets’

Telegraph Business Airbus, Rolls-Royce and Siemens have teamed up to develop the technology needed to create electrically powered aircraft. In 2020 the companies plan to fly a demonstrator aircraft with one of its existing jet engines replaced by an electric […]

OECD unveils gloomy outlook for the UK economy

Telegraph Business The UK economy will weaken as the jobs boom ends and inflation hits household incomes, according to a major global think tank. This is another blow for the UK, after sharp cuts to GDP forecasts were unveiled in […]

Ocado shares soar as it bags long-awaited international deal

Telegraph Business Ocado’s shares soared more than 25pc this morning after the online grocer announced it had finally struck a long-awaited deal to supply its technology to an international partner, French supermarket chain Groupe Casino. The British firm said it […]

Airbus replaces ‘legendary’ John Leahy as sales chief with Rolls-Royce’s Eric Schulz

Telegraph Business Airbus has poached a Rolls-Royce executive to replace John Leahy as head of sales at the pan-European plane-maker. Eric Schulz, currently president of the civil aerospace at Rolls, will join Airbus at the end of January, as chief […]

Shell petrol stations to charge up electric cars in just five minutes

Royal Dutch Shell has accelerated its drive into the electric vehicle market by teaming up with Europe’s fastest charging network. The collaboration with Ionity, which is backed by major carmakers, will roll out across 80 of Shell’s biggest European petrol […]

Number of new office buildings started in London at its lowest level since 2014

Telegraph Business The amount of office development started in London in the last six months is at its lowest in three years as builders remain cautious on the state of the property market. Around 1.8m sq ft of offices across […]