Sunday 28 August 2016
 
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UK

British economy escapes Brexit blow, for now

Britain's high streets are heaving with shoppers despite June's shock vote to leave the European Union, big companies have reported few signs of distress and some tabloid newspapers are even talking about a post-Brexit economic boom.

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UK manufacturing export orders highest in 2 years

Orders for British manufacturing exports hit a two-year peak in August following a Brexit-induced fall in sterling, as the weaker pound also pushed up price expectations to their highest in over a year, a survey showed on Tuesday.

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UK firms scale back hiring after Brexit vote

British employers have turned more cautious about hiring and are less likely to invest in training for their workers following the decision in June by voters to leave the European Union, a survey showed on Monday. The proportion o

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UK firms scale back hiring after Brexit vote

British employers have turned more cautious about hiring and are less likely to invest in training for their workers following the decision in June by voters to leave the European Union, a survey showed on Monday. The proportion o

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Brexit could be delayed to late-2019: report

Britain's exit from the European Union could be delayed until at least late 2019 because the government was too "chaotic" to start the two-year process early next year, the Sunday Times reported, citing sources it said were briefed

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Siemens to supply 9 compact steam turbines to UK, US

Siemens has received orders from customers in Great Britain and the US for a total of nine compact steam turbines. The turbines are to be manufactured at Siemens' production site in Frankenthal, Germany, the company said in a statement.

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Emirates capacity on Manchester route up 11pc

Following the deployment of a third daily A380 to Manchester, Emirates has announced an 11 per cent capacity increase on the route. As of January 1, 2017, the replacement of the Boeing 777-300ER will mean that all Emirates flights

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UK opens corruption probe into Airbus sales

Britain's Serious Fraud Office has launched a formal investigation into suspected fraud, bribery and corruption in connection with commercial plane sales by Airbus, parent company Airbus Group said on Sunday. A UK government a

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Sahara dismisses $1.3bn UK-Gulf bid for prime hotels

Indian diversified group Sahara has diregarded a $1.3 billion UK-Saudi bid received for its three hotels in London and New York as 'baseless', stating that it values the assets lower than the market price, said a report. T

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UK says to review EDF's Hinkley Point nuclear energy plan

Britain's government has said it will launch a new review into a controversial project to build two new nuclear reactors led by French utility EDF, the country's first new nuclear plant in decades. EDF's board narrowly

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