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Move follows the granting of a worldwide asset-freezing order on company’s founder, Paresh RajaWhat is the £1.3bn MFS mortgage scandal and what is private credit?The UK’s financial regulator has launc...
Deficit rises unexpectedly to £14.3bn in February as stock markets slide amid fears that Iran war will escalateBusiness live – latest updatesUK government borrowing costs have reached their highest le...
Decision to hold interest rates is backed by gloomy assessment of economy as Iran war pushes up oil pricesBank of England holds interest rates at 3.75%Business live – latest updatesThe US-Israel attac...
Purbeck Capital Partners seals deal with model railway maker for toy racing car business and IP rightsFor almost six decades Hornby has watched Scalextric drive revenues for its hobby business but on...
Households on a default dual-fuel tariff in Great Britain could cut costs by moving to a fixed dealExperts have told households whose energy bills are pegged to the price cap not to “rest on their lau...
To fill the gap of Glastonbury weekend, the new festival will see “hundreds of venues come together across one weekend”, and help support grassroots venues, emerging talent and various music charitie...
Group aims to be ‘simpler, lower-cost, AI-enabled business’ and achieve £500m of annual savings by 2028The beleaguered UK advertising group WPP has announced a radical restructure to counter the threa...
Retail technology business to reduce about 5% of global workforce, with two-thirds of job losses affecting UKBusiness live – latest updatesOcado is to cut 1,000 jobs as the retail technology business...
Drinks maker cuts annual sale and profit forecast for second time in four months amid weak demand in US and ChinaDiageo has slashed its dividend and cut its annual sales and profit forecast for the se...
Talks reportedly focused on assets of owner Jim Ratcliffe’s vinyls business Inovyn as group scrambles to cut costsThe chemicals empire owned by the billionaire Jim Ratcliffe is in talks to sell parts...
Ofgem cap drops by 7% to £1,641 a year for consumers’ average gas and electricity costsBusiness live – latest updatesAnnual energy bills will fall by £117 for millions of households from April after R...
This week has seen the fourth anniversary of Russia's invasion of Ukraine.
Zoopla says it is on target for highest number of new listings on its site in any February in a decade Spring has come early to the UK housing market, with a surge in people listing their homes for sa...
Richard Tice echoes Donald Trump with pledge of ‘great repeal act’ and ‘tight quotas and significant tariffs’Unions and renters’ groups have criticised Reform UK after the party’s business spokesperso...
Former Conservative laments divorce changes and says Reform UK will pursue policies to boost birthrateUK politics live – latest updatesThe UK is “suffering from having a totally unregulated sexual eco...
Unite Group cuts rents at some universities and raises cash by selling London site to joint venture for £186mBusiness live – latest updatesA drop in the number of international students coming to the...
Increase of 6.4% comes as drugmaker reports strong profit growth, despite cancelling UK investment projectsBusiness live – latest updatesPascal Soriot, the chief executive of Britain’s largest pharmac...
The Hole singer struck a close friendship with Faithfull The post Courtney Love shares her thoughts on Geese, and says she and Marianne Faithfull “hated being compared to each other” appeared first...
Average number of female FTSE 100 CEOs stalled at nine last year, the same number as 2024, review saysCampaigners have bemoaned the “achingly slow” progress made on gender equality at the top of Brita...
As the drama shows, private firms no longer able to pollute the coast of England of Wales just switched to rivers instead There is a moment in Channel 4’s drama Dirty Business when Julie Maughan holds...