Brexit questions: Warehouse edition

  • 25 September 2018
  • From the section Business
An employee moves stock in an Amazon warehouse Image copyright Getty Images

Where will all the stuff go?

Because it is hard to see how Brexit doesn't (at some point) involve British businesses wanting or needing to keep more stuff closer to home. By stuff, I mean parts, raw materials or inventories of finished products.

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Labour's worker share giveaway: Questions raised

  • 24 September 2018
  • From the section Business
John McDonnell Image copyright Reuters
Image caption Shadow Chancellor John McDonnell speaking at the Labour Party conference in Liverpool

Labour wants to give workers more of a stake in the companies that employ them.

The debate over corporate governance in the UK does need reinvigorating. You don't need to share the economic philosophy of shadow chancellor John McDonnell to think that progress in how we encourage companies to consider the interests of a broader range of so-called stakeholders has been pretty timid.

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AstraZeneca to stockpile drugs for Brexit

  • 17 July 2018
  • From the section Business
Blue Pills Image copyright alicjane

AstraZeneca is to increase its drugs stockpiles in Europe by about 20% in preparation for a no-deal Brexit.

The European regulator has told companies to be ready for a possible hard Brexit in April 2019.

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Carillion: The audit industry's existential question

Carillion sign on a UK construction site Image copyright Getty Images

We've heard it all before - for decades in fact. After every big corporate failure, fraud or scandal, up goes the cry: where were the auditors? The latest angst - of course - concerns the collapse of Carillion.

MPs last week lambasted auditor KPMG and, more broadly, slammed the audit market as a "cosy club incapable of providing the degree of independent challenge needed".

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Ryanair: Why it hasn't all gone quiet

  • 12 October 2017
  • From the section Business
A Ryanair plane Image copyright Getty Images

At first glance, it seems that the turbulence surrounding Ryanair has subsided.

The low-cost airline said this week that 99% of customers affected by its cancellations in September and October have been given a new route or a refund. About 90% of those affected by its second wave of problems, the changes to its winter schedule through to March, have also been processed.

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How many people will the cap on energy prices help?

  • 12 October 2017
  • From the section Business
Electricity pylons Image copyright Getty Images

You'll have seen the stat. Two-thirds of UK households on rip-off energy tariffs, or words to that effect.

And it is a figure still being used. On Wednesday, the government said this of its planned cap on energy price:

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How much is enough for safer banks?

  • 12 September 2017
  • From the section Business
Sir John Vickers in 2011 Image copyright Getty Images

Why is it that Sir John Vickers, the man who led the UK's post-crisis review of banking regulation, takes issue with the idea that banks now have enough capital?

Mark Carney, Governor of the Bank of England, has indicated that he sees the job of bolstering banks' capital buffers as largely complete. Sir John thinks banks should be forced to hold roughly double the level they've reached so far.

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Banking reform is 'unfinished business', warns Sir John Vickers

  • 12 September 2017
  • From the section Business
Customers queue outside a Northern Rock branch in 2007 Image copyright Getty Images

Sir John Vickers, who scrutinised banking regulation after the crisis, has warned reform is still unfinished.

The system is "roughly halfway" to where it should be with the banks' capital buffers, he said.

Read full article Banking reform is 'unfinished business', warns Sir John Vickers

Aerospace body: UK should stay in EU during transition

  • 28 July 2017
  • From the section Business
An Airbus A380 flies in a display Image copyright Getty Images

The UK must remain an EU member during a transition period from March 2019, according to the head of aerospace body ADS.

Paul Everitt said the UK would struggle to sign the necessary agreements with global safety regulators before then, risking disruption to air travel.

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Volvo shows electric cars are coming. But how quickly?

Volvo cars including the XC90 on show Image copyright Getty Images

Volvo's announcement certainly electrified the internet. The Chinese-owned carmaker caused great excitement on Wednesday when it said that every vehicle it launches from 2019 will have an electric motor.

This, it added, marked a "historic end of cars that have only an internal combustion engine".

Read full article Volvo shows electric cars are coming. But how quickly?