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News
Law and business: commercial news round-up 16.10.15
updated on 16 October 2015
There is a bumper crop of interesting business stories this week, ready for you to read and digest:
- Sports Direct’s chief executive is facing criminal charges in relation to his failure to notify authorities about plans to lay off warehouse staff, some of whom were only given 15 minutes notice.
- They’ll drink to that: biggest ever UK takeover deal goes ahead, as beer giant AB InBev buys other beer giant SAB Miller in a £68 billion deal.
- The government has announced plans to sell off its remaining shares in Royal Mail, but only to institutional investors.
- The UK inflation rate went negative, to 0.1%, on Tuesday; this article explores the reasons and implications.
- Uber has triumphed in the High Court, which has ruled that the taxi company’s app is not a taximeter (only allowed to be used by black cabs) and therefore does not break the law.
- Barbie proves less popular than she once was – falling sales for the last eight quarters – and Mattel’s profits suffer as a result.
Follow @LawCareersNetUK and @CityLawLIVE on Twitter for instant business news updates.
