Citigroup fined for ‘fat-finger’ error which led to £1.1bn in mistaken…
Financial regulators have fined Citigroup £61.6m after their internal systems failed in preventing a fat-fingered…
Anglo American rejects BHP’s third offer of £38.6bn
Anglo American rejected a third attempt at a takeover by BHP, after the Australian firm sweetened its bid in an…
Marks & Spencer boss hails a ‘growth story” as annual profits…
Marks & Spencer's boss says he hopes for a "growth tale" in the years to come after the retailer, which has…
Jeremy Hunt’s plans to cut taxes are stymied as the government borrows more…
Jeremy Hunt’s plans to cut taxes before the election have been stymied after higher benefits spending and lower tax…
Tesla sales fall as European electric vehicle subsidies are cut
Tesla sales in Europe have plummeted after countries such as Germany and France cut subsidies to electric vehicles.…
Even though inflation has fallen, traders bet against a summer rate cut
Looming election and higher-than-predicted price rises push expectations back to November
Investors are pushing…
Mike Ashley is looking to form a joint venture with Crown Estate
Mike Ashley has learned that he is considering a stake in the Princesshay estate of Exeter. This would be the first…
Meadowhall sold for £360m by British Land
British Land sold its Meadowhall shopping center in Sheffield to a joint venture partner, a move that highlights…
The card giants are facing a crackdown on fees
Mastercard and Visa are facing a regulatory crackdown. The payments watchdog has said that the companies have too…
Microsoft improves “Copilot” in race against Google to create AI…
Microsoft announced an improved artificial intelligence-powered personal assistant that supports the work of all…
Bank of England Governor predicts “quite a fall” in UK inflation…
Bank of England Governor said that he expects "quite a fall" in the inflation rate to be around the 2 percent…
Amazon delays order of Nvidia’s’superchips’ in anticipation of…
Amazon's cloud computing division has decided to delay the use of Nvidia’s most advanced “superchip” in order to…
Americans drink half as much coffee today as they did in 1940
Starbucks is struggling. There are a number of factors that may have contributed to the decline in sales, including…
Cazoo, an online car dealer, collapses in administration putting 200 job at risk
Cazoo the online car dealer, once valued at $8.5bn (£6.3bn), is now in administration and 200 jobs are at risk.…
AstraZeneca wants to double its revenues to $80 billion by 2030
AstraZeneca is the largest drug manufacturer in Britain. It has set a bold goal to achieve $80bn ($63bn) by 2030…
The bank manager who works at home says it’s not essential to work five days…
Santander UK’s chief executive is an outlier at a time when bank bosses have tightened up on the working from home.…
How inflation has driven the UK’s cost of living crisis
The Office for National Statistics will release its April inflation statistics on Wednesday. It is expected that…
Bank of England deputy says that a UK interest rate reduction is…
The Bank of England's departing deputy governor hinted on Monday that UK interest rates may be reduced this summer.…