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Black Friday discounts lift UK retail to 10-year high

Posted:
19 December 2014 10:22

Retail sales growth in the UK hit its highest level in a decade, helped by the much-hyped Black Friday shopping event. In November 2014, the quantity bought increased by 6.4% compared with November 2013. This was the highest year-on-year increase since May 2004 when it grew by 6.9%.Meanwhile, the underlying ...read more

Aer Lingus rejects takeover bid

Posted:
19 December 2014 10:22

Irish airline Aer Lingus has rejected a takeover bid by British Airways’ parent company, International Consolidated Airlines Group.In a statement, IAG confirmed that it had submitted an offer and that it had been rejected. The deal would have given it valuable extra take-off slots at Heathrow, as Aer Lingus is ...read more

Panorama investigation criticises Apple over Chinese workers

Posted:
19 December 2014 10:13

An investigation by the BBC’s Panorama programme has claimed that the standards on workers' hours, ID cards, dormitories, work meetings and juvenile workers were being breached at the factories supplying Apple.Filming on an iPhone 6 production line showed overworked employees falling asleep on their shifts amidst poor working conditions.Apple said ...read more

Apple stops Russian online sales

Posted:
18 December 2014 10:25

Technology giant Apple has stopped selling products online in Russia due to the economic instability caused by fluctuations in the rouble.The Russian currency has lost 20% of its value against the dollar since the start of the week, smashing records for all-time lows on Monday and Tuesday.Apple stopped sales of ...read more

Deal struck to reduce “not spots” of mobile coverage

Posted:
18 December 2014 10:25

The Government has struck a deal with the major mobile phone networks that will improve mobile coverage across the UK, reducing the areas of bad coverage known as “not spots”.EE, O2, Three and Vodafone have said that they will invest £5 billion to guarantee coverage over 90% of the UK ...read more

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