Virgin Media and O2’s £31BILLION merger gets green light by UK’s competition watchdog after probe

Virgin Media and O2’s £31BILLION merger is given green light by UK’s competition watchdog after investigation CMA previously cleared it, saying it was ‘unlikely’ to lead to lower competition The Competition and Markets Authority provisionally cleared the merger in April It began its probe after firms asked to fast-track the process to phase two probe … Read more

Shoppers are warned of £3.1BILLION EU food bill

 The weekly food shop will get more expensive unless a free trade deal is reached with the EU, experts warn. The British Retail Consortium said supermarkets would face an annual £3.1billion tariff bill for food and drink. The BRC said retailers would have ‘nowhere to go other than to raise the price of food’ to … Read more

Virgin Media and O2 will merge to create a new £31billion media and telecoms giant

Virgin Media and O2 will merge to create a new £31billion media and telecoms giant, their parent firms announce Deal is to put together a mobile business in 02 with Virgin’s broadband service Bosses behind the merger say it will speed-up the rollout of 5G networks in UK The merger is subject to the approval … Read more