Close Brothers prepares for car finance crisis by selling wealth unit
One of Britain's largest merchant banks sells its wealth management division for up to £200m to strengthen its…
Next warns about store closures following equal pay ruling
Next warned it may be forced to shut down stores following a legal victory over equal pay. The retailer is expected…
Ocado raises sales outlook after summer surge
Ocado's sales outlook has been raised for this year due to the stronger summer trading. The grocery delivery…
Interest rates in the UK held at 5%
After voting 8-1 to not change monetary policy, the Bank of England held interest rates at 5%.
The nine-strong…
Experts say UK faces a ‘tsunami’ of missed cancers in the wake of…
Leading experts in the UK have warned that there will be a "tsunami" of cancers missed, following an international…
The rise in chocolate prices may scare shoppers this Halloween
The price of chocolate has risen by 11% over the last year, far exceeding the increases in other food items across…
Stuart Rose, former M&S boss, to lead struggling Asda after co-owner steps…
Stuart Rose, former boss of Marks & Spencer and Topshop will take over Asda when the struggling supermarket's…
Boeing furloughs a ‘large’ number of employees during factory strike
Boeing CEO announced on Wednesday that "a large number of" employees would be furloughed to save money during the…
TGI Friday UK’s future is in doubt after owner announces plan to enter into…
The UK branch of TGI Fridays has announced that it will appoint an administrator, which puts the future of all 87…
Shadow MPC: Hold interest rates, but increase bond sales.
According to the shadow monetary committee, Bank of England's interest rate should remain unchanged at 5% this…
Legal & General buys Cala, a housebuilder for £1.16bn
Legal & General's new CEO, the FTSE 100 listed financial services company, made his first major strategic move…
Tupperware’s party is over, as the company files for bankruptcy
Tupperware's airtight containers, which have become synonymous for food storage, appear to be on their way out. The…
UK economy loses £25bn per year due to shrinking workforce
According to a report on Britain's missing workers, the UK workforce is shrinking faster than it has in the past 40…
Chinese owners claim that British Steel Works has never turned a profit.
The Chinese owners of British Steel Works at Scunthorpe revealed that they had not made any profit since they saved…
UK inflation remains unchanged at 2.2%
After the annual inflation rate in the UK remained at 2.2% in August, it is expected that Bank of England will keep…
Tortoise Media and Guardian are in discussions to sell the Observer to Guardian
Tortoise Media, a new online media company, is in negotiations with the Guardian Media Group to purchase the…
Parents can now see what their children are saying on Instagram
As part of the sweeping changes to safety coming to the social networking app , Instagram will now allow parents to…
US tech giant Intel halts construction of €30bn German Microchip Factory
Intel has cancelled plans to build a €30bn microchip plant in Germany, a blow for Europe's technological plans. The…