UK Business News

Manufacturers of London’s iconic black cab, Manganese Bronze, have announced that worldwide orders for the taxi cab have now exceeded 3000, since the companies joint venture with Chinese business Shanghai LTI.
Orders from Mexico, Eastern Europe, South America and the Middle East have been mentioned although the eventual whereabouts of the vehicles is a closely guarded [...]

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Shares in High Street retail group DSG have dropped by 10% as chairman John Browett announced his recovery plan for the company.
Browett says that DSG has not kept pace with changing customer needs and  has promised to ‘transform the very DNA of the business.’
His plans include closing at least 77 of the groups Currys.digital outlets [...]

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Britain’s third largest supermarket chain, Sainsbury’s reported an increase of 28% in profits from last year, but still warned that the market remains ‘intensely competitive’ and that consumer budgets are under pressure.
The figures are in line with City expectations and are the culmination of a three year recovery programme which set a target of increasing [...]

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An independent study indicates that small business and the public at large have felt absolutely no benefit from the freeing up of the Royal Mail’s monopoly two years ago.
Big business is the big winner here, tying up lucrative mass mailing contracts with
companies who will print, batch and pre-sort prior to handing-off to Royal Mail to [...]

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1st of May saw the launch of O2’s Business Broadband offering - a deal which includes 24/7 UK-based telephone support and also on-site support in the price.
O2 has recognised the need to get sensible and is rolling out a white-label BT wholesale product rather than attempting to unbundle 5,500 exchanges.
The service starts at £15 per month [ex-VAT] for existing [...]

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