Britain risks initiating a “race to the bottom” with Ireland over corporation tax if it slashes its rate to 10 per cent to encourage companies to stay after Brexit, an MEP has warned.
Days after losing the licence to run £1 billion-a-year South West Trains, Stagecoach appeared to be close to easing the burden of its 90 per cent-owned Virgin East Coast rail franchise.
Buzzfeed is preparing for a stock market flotation next year, it was reported today.
EDF Energy has urged the government to rethink its £11 billion smart meter programme, warning that it faces “many challenges” and could end in failure.
Europe’s top competition official has blamed the London Stock Exchange and Deutsche Börse for the failure of the companies’ £24 billion merger as she announced that Brussels had officially blocked the tie-up.