UK Plc under pressure to move jobs offshore
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British business is facing increasing pressure to move jobs abroad to cut costs and there is no sign that this global trend is set to reverse, an industry survey shows.
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Insurer Royal & Sun Alliance is to transfer 1,100 UK jobs to India, leaving the company's 680 Sunderland staff in fear for their future.
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A group led by investment bank Goldman  Sachs  raised its bid for Associated British Ports   to 2.58 billion pounds (&#36;4.75 billion) on Thursday,  after a rival team said it might make a counterbid.
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BIRMINGHAM, England : British companies are under increasing pressure to relocate parts of their business overseas to remain competitive, with Asia and Eastern Europe the chosen destinations, a survey showed.
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Â· Oligarch accused of Â£250m tanker deals fraudÂ· Demand may worsen crisis in diplomatic relations
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The work may have been subcontracted to another firm.
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By IAN JOHNSTON ENVIRONMENT CORRESPONDENT  SCOTLAND should look to taking control of its seas up to 200 miles offshore, according to a report.
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HM Revenue and Customs (HMRC) is to press private banks to hand over details of their offshore accounts.
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An additional 3 percent of staff positions will be "offshored" as part of the company's $1.5 billion cost-cutting drive.
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Government unit targeted CSC is shifting more UK jobs offshore in an effort to control costs.â¦
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Business & money: Insurer Resolution is under pressure to seek talks on a Â£35bn bid from rival Pearl Group.
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A once-ailing heavy industry is now in heavy demand. The next step? Global consolidation. For the last decade, much of the West&#39;s steel industry has been in the doldrums.
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Russiaâs strategy to secure a monopoly for Gazprom on exports to Asia is threatening an important investment by BP.
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Job cuts at European investment banks are set to accelerate, suggesting the sector is not too optimistic on revenues and is feeling the pressure to boost returns by clamping down on costs.
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Business & money: Ford's decision to consider the possible sale of its Jaguar and Land Rover brands has alarmed unions and politicians who fear that UK jobs are at risk.
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SYDNEY - Rupert Murdoch&#39;s News Corp is to consider moves to strengthen its corporate governance, in the face of growing shareholder concern about its relocation to the United States.
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International operations have to be high on the company's list as it seeks to improve its performance.