UK – The Office for Fair Trading (OFT) has referred local bus services to the Competition Commission after finding that limited competition pushed fares up by almost a tenth.
The watchdog said the £3.6billion industry, which gets £1.2billion in public funds every year, ‘may represent poor value for money for taxpayers’.
It found evidence of ‘predatory behaviour’ [...]
Magna International said it expects sales to rise this year as the auto industry emerges from its slump. (Agence QMI)
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Many construction industry bosses are still fearful about the sector’s prospects for the year ahead, according to a new poll. The Scottish Building Federation’s Construction Monitor survey spoke to more than 700 firms across Scotland.
The past year has been one of the worst the sector has had, with thousands of jobs and apprenticeship places lost.
The [...]
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