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Scramble for green yield in Europe has big power beating banks

  Bloomberg Some of Europe’s largest utilities are choosing to finance renewable energy projects alone instead of involving banks, leading to an unexpected gain in cash flowing into the industry that’s struggling to cope with subsidy cuts. Investment in clean energy in Europe, rose 2 percent to $41.2 billion in the first nine months of this year compared with the ...

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UK immigration plans would harm economy, warn biz chiefs

  Bloomberg UK government proposals to make companies list their foreign workers would harm the economy because they are “anti-business and dangerously naive,” more than 100 leaders of small and medium-sized businesses said in a letter to the Daily Telegraph newspaper. “The ability to hire both British and non-British people has historically helped business grow by bringing in varied skills ...

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May’s Brexit smoke signals won’t sway EU, Dombrovskis says

  Bloomberg European Union policy makers aren’t attempting to read anything into signals sent by Theresa May and the rest of the U.K. government on Britain’s future relationship with the bloc and are just waiting for an official communication, an EU Commission vice president said. “The European Commission will probably not be interpreting the U.K. government,” Valdis Dombrovskis said in ...

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