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Tag: talks

HS2: UK in talks with China over construction of high-speed line

HS2: UK in talks with China over construction of high-speed line

Business
The UK and China have held "preliminary discussions" over giving Beijing's state-owned railway firm a role in building the HS2 high-speed rail line.However, government officials said no "concrete commitments" had been made.China's state railway company said it could build the line in just five years and at a much lower cost, according to a letter seen by Building magazine. But Conservative MP Tom Tugendhat warned letting CRCC build HS2 would be "extremely questionable".It comes after Boris Johnson this week approved the controversial HS2 scheme.This was despite an official review warning costs could reach over £100bn, against a budget of £62bn.Under current plans, the final stretch of the line is not due to be completed until 2040 - although Mr Johnson h
Audit watchdog in secret talks to bolster ‘challengers’

Audit watchdog in secret talks to bolster ‘challengers’

Business
Major British companies will be forced to ring-fence a substantial proportion of their audit work for challenger firms outside the "big four" under secret proposals drawn up by the accounting regulator.Sky News has learnt from sources in Whitehall that the Financial Reporting Council (FRC) has told the government that it wants to oversee a regime it is describing as "managed shared audits". Under the system, all but the very biggest FTSE-350 companies would be required to include at least one challenger firm in their audit tender process.If a big four firm - one of Deloitte, EY, KPMG or PricewaterhouseCoopers - is appointed, work equating to a substantial minority of the audit fee would then have to be undertaken by a smaller rival.One City figure said that substantial minority could be ar...

Transfer news and gossip LIVE: Everton prepare bid for ex-Liverpool ace, Reds battle Chelsea for £60m Werner, Arsenal in talks over £26m signing

Sports
[unable to retrieve full-text content]The transfer window is now open and we will keep you across all the big news, rumours and gossip throughout January. Tune into talkSPORT for the very latest news and expert reaction from former managers, players and top pundits and follow our live rolling blog below… Top stories on talkSPORT.com Man United ‘too cautious and […] talkSPORT

Transfer news and gossip LIVE: Bruno Fernandes teases Man United fans on Twitter, Inter in London for Eriksen and Giroud talks

Sports
[unable to retrieve full-text content]The transfer window is now open and we will keep you across all the big news, rumours and gossip throughout January. Tune into talkSPORT for the very latest news and expert reaction from former managers, players and top pundits and follow our live rolling blog below… Top stories on talkSPORT.com Premier League done deals: Every […] talkSPORT
Flybe in talks to delay air passenger duty bill

Flybe in talks to delay air passenger duty bill

Business
Flybe is in talks with the government to defer the payment of air passenger duty amid reports the airline is attempting to secure a rescue deal.The BBC understands that delaying the tax bill is just one option that is being discussed with the regional airline.However, it is understood that the government is reluctant to go down this route.A spokesperson for Flybe said: "We don't comment on rumour or speculation.It added: "Flybe continues to focus on providing great service and connectivity for our customers, to ensure that they can continue to travel as planned." Why Flybe matters: 'Valuable connectivity' Flybe boss 'focused' on turning airline around Sky News reports that Flybe's owner, Connect Airways, has been in talks with t...