uk-hotdailynews: 2014-12-29 U.K. Business

Scots staff face job loss after City Link collapse
Scotsman
SCOTTISH employees are among the 2,000 staff from collapsed UK parcel delivery service City Link facing redundancy on Hogmanay, the RMT union has warned. The troubled firm announced it was going into administration on Christmas Day, causing ...

Thousands of City Link customers to visit depots today to collect parcels as ...   Daily Mail
Scramble as stricken City Link opens doors for 'short period' to let public claim ...   Telegraph.co.uk
City Link administration: Unhappy New Year for 5000 workers hit by courier ...   The Independent
Morning Star Online
Northampton Herald and Post
Financial Times
all 387 news articles »

Reuters

Oil prices climb on worries over Libyan supply
Reuters
SINGAPORE (Reuters) - Oil prices rose on Monday, after dropping for the past two sessions, as escalating clashes in Libya stoked worries about supply from the OPEC member. A fire caused by fighting at one of Libya's main export terminals has destroyed ...

Oil Rebounds as Libyan Conflict Offers Relieve From Global Glut   Businessweek
Oil edges upwards on speculation Libyan output threatened by fire at port   Malay Mail Online
Reuters Daily Oil Brief - December 29   Reuters Africa
Business Standard
all 69 news articles »

euronews

Germany and ECB set for fight over money-printing
The Independent
Germany set the scene for a bitter battle with the European Central Bank president, Mario Draghi, over emergency measures to revive the eurozone's flaccid economy, as senior officials hardened their opposition to a full-scale money-printing programme.
Weidmann: German, eurozone GDP may beat forecasts   MarketWatch
Germany has high hopes for growth   The Times (subscription)
Clever wrapping disguises Europe's worn-out policies   Financial Times
Forbes
Businessweek
Reuters UK
all 107 news articles »

NJ.com

Solar power capacity rises by third
Motherwell Times
Scotland's solar power capacity has increased by almost a third in the past year, according to new figures. More than 35,000 homes and 600 business premises now have solar photo-voltaic (PV) systems, December figures from regulator Ofgem show.
Scottish solar capacity climbs 32 per cent in 2014   Business Green

all 8 news articles »

The Independent

Government favoured Rupert Murdoch's media empire, says outgoing Ofcom chief
The Independent
Media power in Britain must not be allowed to fall into “too few hands”, the retiring head of Ofcom has warned – as he accused government representatives of showing favouritism to Rupert Murdoch's companies. In a rare interview, Ed Richards said he was ...

Ofcom boss 'concern' at Murdoch bid   The Courier
Murdoch's companies 'shown favouritism'   9news.com.au
Ofcom boss 'surprised' by informality between Murdoch and government   The Guardian

all 7 news articles »

Plea to keep interest rates low
South Cotswolds Gazette
The Bank of England should keep interest rates at their record low of 0.5% in 2015 to avoid the risk of stagnation and deflation as the country faces continued cuts in public spending, a left-of-centre thinktank has warned. In a New Year message, the Institute ...

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ITV News

Norwich water main burst leaves 6000 homes without supplies
BBC News
Anglian Water says work to restore water supplies to 6,000 homes in Norfolk could take until Monday. A main pipe burst at a pumping station at Caistor St Edmund at 11:00 GMT, affecting supplies to an area south of Norwich. The pipe is about 20ft (6m) ...

Burst main leaves 5000 homes in Norfolk without water   ITV News
Work likely to continue into the night as around 5000 homes without water due to ...   Norfolk Eastern Daily Press

all 7 news articles »