Unilever has announced plans to ditch PricewaterhouseCoopers after 27 years and is set to move its £18 million a year audit to rival KPMG.
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Monday 21 May 2012
The European Union said today that Google must in ''a matter of weeks" outline steps it is willing to take to ease concerns about alleged abuses of its dominant position in the online search market.
Thursday 12 April 2012
Economic Life: If growth disappoints, both presidential candidates would have to change course
Thursday 16 February 2012
The banking sector faces being broken up unless it shows a “step change” in competition, the head of the Office of Fair Trading warned today.
Wednesday 11 January 2012
The odds of a merger between the stock exchanges of New York and Europe dramatically lengthened last night after it emerged the European Commission competition regulator has recommended blocking the deal.
Wednesday 07 December 2011
European regulators have launched an investigation into some of the biggest names in publishing to discover whether, with the help of Apple, they have flouted competition rules over the pricing of electronic books.
Thursday 01 September 2011
US competition authorities moved last night to block a merger of two of the four largest mobile-phone operators in the country, saying the deal could raise prices and reduce services.
Thursday 12 May 2011
A war of words and legal actions has broken out between the Co-operative Group and Haldanes. The fledgling supermarket chain has accused the UK's fifth biggest food retailer of wanting to drive it "out of business" after Haldanes bought more than 20 former Somerfield stores from the Co-op in early 2010.
Sunday 10 April 2011
In an angry exchange of letters, Andrew Tyrie, the head of one of Parliament's most powerful committees, describes the decision by Angela Knight, the head of the British Bankers' Association, not to appear before or to respond to the committee's inquiry into competition in the industry as "incomprehensible".
Sunday 27 February 2011
Friday 25 February 2011
Outlook It was Centrica's turn yesterday, but ask any of the big six energy providers in the UK about profit margins and customer exploitation and you will get a similar answer: gas and electricity prices in the UK are lower than almost anywhere else in Europe, and countless – 15 or more – regulatory probes into the sector have passed without any substantive competition issues being identified.
Monday 20 December 2010
The European Commission is expected to clear News Corporation's planned £12bn buyout of BSkyB this week.
Saturday 27 November 2010
The man taking on Britain's greedy energy companies at last?
The very same, although you might ask why it has taken so long: Mr Buchanan has run Ofgem, theregulator that polices the gas and electricity companies, since 2003. In his defence, there have been a string of reviews and investigations on his watch. We'll have to see what thelatest probe, unveiled yesterday, comes up with.
Thursday 18 November 2010
Outlook The suggestion yesterday from Ed Vaizey, the minister for culture, that Britain might allow internet service providers to charge content providers for the traffic they generate – threatening the principle of net neutrality – is a giant step.
Wednesday 09 June 2010
Tesco's share price slid yesterday on the news that Sir Terry Leahy will step down as chief executive officer next year. It is an understandable reaction from investors. Sir Terry has been a phenomenal retailer since he took control of the supermarket chain 14 years ago. Under his direction, Tesco has overtaken Sainsbury's to grab 30 per cent share of the UK grocery market. A grocery business founded on the philosophy of "pile 'em high, sell 'em cheap" has managed to attract shoppers from across the social spectrum.
Thursday 29 April 2010
Raymarine urged shareholders to take no action yesterday after its giant American rival Garmin tabled a bid, saying it would pay 15p a share cash for the debt-laden marine equipment manufacturer.
Scottish independence referendum: A nation divided against itself
Scottish referendum results: Cross-party consensus collapses amid Tory-Labour spat on the 'English question'
Scotland could still declare independence – even without referendum, says Alex Salmond
Scottish independence: David Cameron is becoming the 'George Bush of Britain'
Hilary Mantel 'should be investigated by police' over Margaret Thatcher assassination story, says Lord Bell
Plebgate MP Andrew Mitchell called officer a 'little s**t', claim court documents 'exposing ex-Chief Whip's 'record of abusing police'
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