Saturday, 25th February 2017

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Latest stories in the Press round-up section

Friday newspaper round-up: Boeing, Ryanair, business rates, John Lewis

Yesterday

Michele Maatouk

(ShareCast News) - Boeing plans to open its first manufacturing plant in Britain, picking Sheffield to make critical parts for its best-selling 737 and 777 airliners. The company has earmarked the Northern city for a 20m investment where it will produce complex parts for "actuators" which move flaps on the jets' wings. The decision is notable as the US aerospace giant is bringing work in-house, rather than subcontracting it out to the supply chain as is common. - Telegraph

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Friday newspaper round-up: Boeing, Ryanair, business rates, John Lewis

Michele Maatouk

(ShareCast News) - Boeing plans to open its first manufacturing plant in Britain, picking Sheffield to make critical parts for its best-selling 737 and 777 airliners. The company has earmarked the Northern city for a 20m investment where it will produce complex parts for "actuators" which move flaps on the jets' wings. The decision is notable as the US aerospace giant is bringing work in-house, rather than subcontracting it out to the supply chain as is common. - Telegraph Yesterday

Thursday newspaper round-up: Business rates, Peugeot, AO World

Michele Maatouk

(ShareCast News) - Rising fuel and food prices are eating into household budgets as the impact of the Brexit vote on the value of the pound pushes up inflation, according to a Guardian analysis that casts doubt over how much longer consumers can continue to shore up the UK economy. Cracks are starting to show in the picture of economic resilience seen since last summer's vote to leave the EU. Wage growth is slowing just as people's living costs start taking off. Businesses are also feeling the pressures of the weak pound more intensely as it ramps up the cost of imported raw materials and energy while failing to provide the anticipated boon for exporters. - Guardian 2 days ago

Wednesday newspaper round-up: Brexit, business rates, Peugeot

Michele Maatouk

(ShareCast News) - The City of London has warned that the loss of banking jobs to EU countries due to Brexit could threaten British and European financial stability. Interviews with more than half a dozen senior bankers and business leaders reveal growing certainty that the threat of losing single market access will force a wave of relocations this year and may cause an "unwinding" of a cluster of related businesses. - Guardian 3 days ago

Monday newspaper round-up: Lords Brexit debate, Budget, RBS, defence spending

Oliver Haill

(ShareCast News) - Allies of Tony Blair will attempt to frustrate Brexit in the House of Lords on Monday by urging peers to rally against the Government. The former Labour prime minister, last week urged people to "rise up" against Brexit and support a new movement to keep Britain in the European Union. - Telegraph 5 days ago

Sunday newspaper round-up: Budget balancing, Unilever, RBS, BT, Sainsbury's

Oliver Haill

(ShareCast News) - Philip Hammond is set to get a boost from a bigger budget surplus at the start of 2017, giving the chancellor more leeway to cut taxes or increase spending in next month's budget. Hammond is under pressure to use his March budget to provide support to companies hit by sharp rises in business rates, as well as hand extra funding to the NHS, but after recent moves in government bond markets raised the Treasury's borrowing costs he will be likely to think twice about any big giveaways, the Sunday Times said. 6 days ago

Friday newspaper round-up: Vauxhall, Donald Trump, Alcohol

Alexander Bueso

(ShareCast News) - Business Secretary Greg Clark is travelling to Paris this evening for urgent talks with Peugeot executives and the French government about the future of thousands of Vauxhall employees in Britain. General Motors - the parent company of the Vauxhall and Opel - is in negotiations about a sale of the marques to PSA Groupe, the French owner of Peugeot. - The Daily Telegraph 8 days ago

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