BT speeds up its UK wide full-fibre broadband programme

BT is to accelerate the expansion of its full-fibre broadband infrastructure and to explore a joint venture to help to fund the extra investment. Britain’s biggest telecoms group said that it would increase its full-fibre programme by five million premises, with a target of reaching 25 million homes by the …

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New powers to tackle unfit directors of dissolved companies

The Insolvency Service is to be given powers to investigate directors of companies that have been dissolved, closing a legal loophole and acting as a strong deterrent against the misuse of the dissolution process. The process will no longer be able to be used as a method of fraudulently avoiding …

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Tory chairman Ben Elliot’s company admits making illegal payments

A luxury concierge service founded by Ben Elliot, co-chairman of the Conservative Party, has admitted to a string of accounting failures and making illegal payments to shareholders. Quintessentially paid £1.4 million to shareholders when it did not have adequate reserves to do so. Elliot and his business partners Aaron …

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Exports to EU almost back to pre-Brexit levels

Britain’s exports to the European Union have almost recovered after plummeting by 40 per cent at the start of the year, official figures show. Goods exports to the EU rose by 8.6 per cent to £12.7 billion in March, according to the Office for National Statistics. This is close …

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Speedy recovery expected after economy defies lockdown gloom

The economy coped better than expected in the latest lockdown as businesses successfully adapted to social distancing rules, official figures show. Although output contracted 1.5 per cent in the first three months of the year, this was stronger than the 1.7 per cent fall forecast by economists. It was …

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