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UK Business:Mandelson calls for apology from former Rover MG bosses
Business secretary Peter Mandelson has called upon the former bosses of carmaker Rover MG to apologise for milking the profits from the business following the news that they took pay and pensions worth...
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Opel Magna deal will result in up to 10,500 job losses in Europe
The deal struck with Canadian car parts manufacturer Magna with General Motors, to buy the European Vauxhall and Opel units, is likely to come at a higher price than anticipated for the companies...
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UK Business: Car scrappage scheme extended
peter mandelson Business secretary Peter Mandelson said that the car scrappage scheme would be extended to cover 100,000 more vehicles, but will still end in February 2010 as per the current agreement....
View ArticleUK Business: TV manufacturer will create 500 jobs in Northampton
Taiwanese firm Kenmark, a flat screen TV manufacturer have promised the provision of around 500 jobs at a factory that it is to be built in Corby in Northamptonshire. The purpose built factory is...
View ArticleUK Business: The Brompton bicycle
Undiscovered Business Entrepreneurs Every day in rush hour London, be-suited businessmen disembark from the morning train and ride off to their work destinations on odd looking fold up bicycles. While...
View ArticleWorlds Largest Cement Company Going Green in USA
After its debacle in 2005, when the EPA accused CEMEX Corporation for polluting the air around its cement factory, the company has done a volte face and gone green altogether. This is a new trend,...
View ArticleBrazil will benefit from South Africa World Cup hosting experience
The host nation has been under close scrutiny in the first week or so of the South African World Cup, but the international community is not only watching the action on the pitch; they are also...
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Jaguar and Land Rover sales help drive Tata back to profit
jaguar sales up Growing interest in the former British owned luxury marques Jaguar and Land Rover have helped the current Indian owners Tata Motors to move back into the black, recording a net profit...
View ArticleLand Rover donate 1 millionth Range Rover to ‘Help for Heroes’ charity
The factory employees and management at the Land Rover plant in Solihull will be celebrating today (Thursday November 4th) as the company reaches a special landmark and the 1,000,000th Range Rover...
View ArticleRecord factory output in January, but UK still pessimistic over future
The Chartered Institute of Purchasing & Supply have released figures suggesting that factory output in the UK during January 2011 was at its highest since records began in 1992. According to the...
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