Department store chain Beales has collapsed into administration after failing to find a last-minute buyer to rescue the 139-year-old business, it has been confirmed.
The Government has provided financing worth £620 million to support projects and UK exports to Africa, International Trade Secretary Liz Truss has announced.
The FTSE 100 continued its rebound as the major European markets all shook off fears over the coronavirus.
Challenger energy supplier Octopus will be “close to break-even” on parts of its balance sheet within a year, boss Greg Jackson has said.
The number of people who are claiming unemployment benefit dropped by 7,000 to just below 1.31 million in the three months to November, according to new data.
First-time buyers faced having to raise around £3,000 more for a deposit in 2019 than a year earlier, according to analysis.
British high street retailers are not equipped to deal with a boom in Chinese tourism, with a majority not accepting the country’s most common payment methods.
Britain’s budget deficit was less than expected in December, although borrowing is set to rise this year, according to the Office for National Statistics.
The boss of Sainsbury’s has quit after almost six years at the helm of the supermarket.
The owner of railway station and airport stalwarts including Upper Crust and Caffe Ritazza has confirmed that turbulence in the travel industry is continuing to bite.
Businesses in the UK are planning to spend £1.7 billion over the next two years after the Conservatives’ victory in December’s general election removed Brexit uncertainty, a survey has revealed.
Spirits giant Diageo is set to post higher half-year profits and sales as investors wait to learn the impact of US tariffs on its whisky brands.
Supermarket giant Tesco has pledged to scrap shrink-wrapped multipacks across all its own-brand and branded tinned food in a move that will remove 350 million tonnes of plastic a year.
London’s FTSE 100 Index finished in the red as worries over the spread of a new coronavirus in China sent global stock markets lower.
A majority of British businesses believe the Government’s vision for a post-Brexit relationship with the EU does not provide enough detail for them to plan and invest with certainty, a new survey has found.
The planned hike in the minimum wage due to take effect in April is expected to hit pub and beer business Marston’s to the tune of up to £3 million, the company has said.
Asos revenues broke through £1 billion in the last four months of the decade as the online fashion retailer was lifted by a record Black Friday.
Berkeley Group will pay its shareholders a nearly half a billion pound windfall as it doubles the money it plans to return to investors.
Matalan was not immune to the headwinds facing the high street in the closing months of last year as revenues and profits dropped.
JD Wetherspoon has warned that its debt would pile up by the end of the financial year as the company invested millions in new pubs and refurbishments.
British shoppers were buying fewer Fevertree mixers to have with their seasonal tipple than expected this Christmas, causing shares in the tonic maker to plunge on Monday.
EasyHotel slipped to a loss for the full year as the company faced a major writedown over its new Ipswich hotel, the budget chain said.
PayPoint warned that its pre-tax profit would miss expectations in the financial year after an unusually warm Christmas period ate into its bottom line.
The top brass at Ted Baker have said that a major accounting blunder is almost three times as bad as they first thought, after auditors ripped apart the company’s stock assessment.
Investors in Eve Sleep have given the company a vote of confidence, sending shares soaring as it said it could continue to break even in 2020, after balancing its books for the first time.
Barclays boss Jes Staley has warned that further cuts in UK interest rates are becoming a less powerful tool to boost the economy and risk taking their toll on the banking system.
Defence giant BAE Systems has splashed out 2.2 billion dollars (£1.7 billion) on a military global positioning systems and a tactical radio business.
Companies have been forced to pay around 114 million euro (£97 million) in fines for breaching European privacy rules, a new report has claimed.
Legal industry leaders have called on the sector to be protected in Brexit talks as figures revealed its contribution to the UK economy.
The owner of Polish airline LOT is taking over German carrier Condor, a subsidiary of collapsed tour operator Thomas Cook, the two companies said.
The Prince of Wales has described teenage activist Greta Thunberg as “remarkable”, after telling world leaders “we simply cannot waste any more time” in the battle to save the planet.
The FTSE 100 closed lower after the strengthening pound pressed on the index following a bright morning driven by good performances from housebuilders.