01 April 2009
The objectives of the report are to investigate how companies in three sectors: the automobile industry, the banking business and road haulage experience EMU with regard to the practicalities of the introduction of the EURO, industrial relations, pay, employment, working conditions, restructuring of the companies and forms of business organisation.
21 May 2007
The Indian conglomerate Tata looks set to take control of the Anglo-Dutch steelmaker Corus in a deal agreed in early February 2007. The deal marked the culmination of a bidding war for Corus between Tata and the Brazilian group CSN that ended in a formal auction organised by the UK’s Takeover Panel. Having initially offered GBP 4.55 (€6.71 as at 23 March 2007) per share, Tata ended up agreeing to pay a share value of GBP 6.08 (€8.97), valuing Corus at GBP 6.7 billion (€9.9 billion). If this rate is approved by shareholders, the fifth biggest steel company in the world will be created.
30 July 2006
In the second half of 2005 and the first half of 2006, several British companies have been taken over by foreign multinationals. For example, the mobile telecoms company O2 was taken over by Telefonica of Spain; the chemicals company BOC was acquired by Linde of Germany; and airports operator BAA looks set to be taken over by the Spanish company Ferrovial. These deals have prompted fresh concerns about the implications of increasing foreign ownership for the UK economy in general and for the quality of employment in particular. This unease has grown in recent months with the announcement by BAE Systems in early April 2006 that it plans to sell its stake in Airbus.
14 May 2006
Since the beginning of 2006, a number of disputes have arisen between managers and the GMB, Britain’s general union, at the supermarket chain, Asda, highlighting the extent to which collective relations have deteriorated in the company. One of these disputes had particular significance in that it was settled by a court ruling, which concluded that the company had breached the law governing collective bargaining .  www.eurofound.europa.eu/ef/observatories/eurwork/industrial-relations-dictionary/collective-bargaining
24 March 2003
In March 2003, Corus, the Anglo-Dutch steel producer, was thrown into a fresh crisis after it was forced to abandon the sale of its aluminium business. The company’s losses have been mounting despite repeated measures designed to cut costs since it was formed in 1999 through the merger of British Steel and Hoogovens. The crisis looks certain to lead to thousands of job losses in the UK, and conceivably could even lead to the firm becoming bankrupt. Debts at Corus are around GBP 1.2 billion, and the company’s share price has fallen to just over GBP 0.04, valuing the company at around GBP 150 million, compared with nearly GBP 4 billion at the time of the merger.
31 August 2000
The way to EMU has deeply changed the macroeconomic conditions of the British economy. This report looks at the main features of industrial relations in the United Kingdom. It analyses the impact on three sectors: banking and finance, automotive and road haulage, which have undergone or are undergoing intense restructuring with important implications for employment and working conditions.
27 August 1999
In early June 1999, British Steel and the Dutch steel producer Hoogovens announced their intention to merge in a deal valued at GBP 3.9 billion. The merged entity will be the largest steel firm in Europe and the third biggest in the world, producing 22.5 million tonnes of steel per year. As the larger of the two parties, British Steel's shareholders will hold a 61.7% stake in the new group, while those of Hoogovens, including the Dutch government, will hold the remainder. The merger follows other cross-border tie-ups in the European steel industry: Usinor of France has joined forces with Cockerill-Sambre of Belgium (BE9812158N ), while Arbed of Luxembourg and Aceralia of Spain have also merged.  www.eurofound.europa.eu/ef/observatories/eurwork/articles/usinor-takes-over-cockerill-sambre-under-union-supervision