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Oil

UK oil industry could be damaged by lack of clarity around brexit deal

The UK’s draft withdrawal agreement for leaving the European Union lacks clarity, which could be damaging to the UK oil and gas industry with increased costs for retaining skilled workers, analysts.....

Energy

Ovo Energy profits down by two-thirds

One of the largest challengers to the Big Six energy giants has revealed a two-thirds slump in...

Share of renewable energy generation touches...

Despite increased demand of electricity caused by the “Beast from the East” cold snap,...

BHGE’s to invest £31 million in north-east...

A £31 million investment in a north-east manufacturing base will boost the region’s subsea...

Business

Brexit impact on UK ‘landbridge’ may ‘adversely...

The agrifood, seafood and automotive sectors will be adversely affected in particular by the impact of Brexit on the UK “landbridge,” the critical transit route linking Ireland and Europe, a new report finds.

BlackRock to keep its EMEA headquarters in UK post Brexit

BlackRock, the world's largest asset manager, will keep its biggest European operation and regional headquarters in Britain after Brexit, moving "only very few" roles to expanded offices in the Netherlands and France, according to a memo to staff.

Fashion chain French Connection confirms it may be up for...

Struggling fashion chain French Connection has confirmed it may be up for sale, following reports that the company’s founder wants to sell his 42% stake.

Unilever abandons plans to move headquarters to Rotterdam

Unilever, Britain’s third biggest company, has abandoned plans to move its headquarters out of the UK amid mounting opposition from investors.

Deliveroo losses up 43 per cent even as sales double

Despite the impressive growth in sales, the privately owned company recorded an increase in losses by 43 percent following major investments.

Flights between UK and EU could cease in the event of...

Severe disruption for airport passengers, ports and trade of agricultural goods are on the cards if the UK crashes out of the EU.

Wine

Symington announces investment in new table wine winery

Symington has announced €5m investment in new table wine winery in Douro. The pre-eminent port producer will spend €4 to €5 million on a new winemaking facility at Quinta do Ataíde in the...