High street giant Marks & Spencer is to reboot its energy offering as it looks to challenge Britain’s dominant gas and electricity providers.
UK and abroad
Former Barclays chief Bob Diamond has said he “didn’t think it was fair” that he took the blame for banking misconduct during the Libor scandal, but admitted he could have “done things better” during the financial crisis.
The pound was knocked amid fresh political turmoil on Tuesday as Theresa May attempted to avoid defeat on key Brexit legislation.
The latest string of Poundworld store closures is set to affect 40 sites across the country.
Administrators to Poundworld are to close a further 40 stores and axe 531 jobs as the retailer moves one step closer to disappearing from the high street.
Goldman Sachs has confirmed that chief operating officer David Solomon will replace Lloyd Blankfein as chief executive, ending a 12-year stint for the outgoing boss.
Recent hikes in energy costs and petrol prices are expected to send UK inflation to its highest level in four months when official figures are disclosed on Wednesday.
Tax hikes and spending cuts worth an extra £39 billion every decade for the next 50 years would be needed to prevent ballooning national debt levels, the UK’s fiscal watchdog has warned.
A parliamentary grilling of Bank of England and City watchdog bosses was fraught by technical difficulties after MPs tried to hold a key hearing at the Farnborough Air Show.
Property giant British Land has warned that the recent spate of retail failures have knocked its rental income.
The number of people in work and job vacancies have reached new record levels, while earnings remain “modestly” up on the year, new figures show.
Royal Bank of Scotland (RBS) is at risk of being drawn into a legal battle with London’s Newham Council after the local authority filed a High Court claim over an ongoing loans scandal.
Royal Mail has said firms remain uncertain over the recent shake-up of personal data rules as it continued to see a buoyant parcels business offset by falling letter deliveries.
Sales at Dairy Crest were given a boost by the outperformance of key brands Cathedral City and Clover in the first quarter, despite challenging market conditions.
TalkTalk has posted rising first quarter sales and said it expects to bag 150,000 new customers this year as the telecoms group continues with its turnaround.
Netflix shares fell 14% in extended trading on Monday, after the company reported slowing growth in subscriber numbers.
The FTSE 100 has been knocked after oil prices slumped during Donald Trump’s historic meeting with Russia’s Vladimir Putin in Finland.
Marks and Spencer is cutting another 300 jobs as it seeks to reduce its costs.
Theresa May has warned that failing to reach a frictionless trade agreement with the EU after Brexit “will not deliver for Britain as a global trading nation”.
The French competition watchdog has launched an investigation into the strategic tie-up between Tesco and Carrefour.
Shares in the John Laing Infrastructure Fund have soared after the firm said it was likely to accept a £1.45 billion takeover offer from a consortium of investors.
Barchester Healthcare, one of Britain’s biggest care home groups, is to be put up for sale in a deal that could net its owners north of £2.5 billion.
A failure to appoint executive directors on time has been blamed for putting the distribution of a £775 million banking competition fund nearly six months behind schedule.
The owner of Birmingham’s National Exhibition Centre (NEC) has lifted its sales and profits ahead of a possible sale of the business.
Shares in pharmaceuticals group Indivior rocketed after a US court imposed a preliminary injunction on a rival firm selling or importing a generic version of one of its key drugs.
Debenhams shares fell out of fashion on Monday following reports that credit insurers have reduced cover for suppliers to the struggling department store chain.
Finsbury Food Group has blamed a challenging environment and rising costs for declining full-year revenue.
The City watchdog is proposing a package of remedies to address competition in the £500 billion investment platform market.
Sir Martin Sorrell has opened up about the emotional toll of his acrimonious split with WPP, and revealed the “sky is the limit” as he builds up a rival marketing empire in the face of legal threats.
Challenger bank bosses have aired frustration over months of delays to a £775 million fund meant to boost competition, with firms being left out of pocket and in the dark over the application process.
The Unite union has hit out at oilfield service firm Bilfinger Salamis UK (BSUK) over a 2.15% wage rise for workers.
Bankers, lawyers and PR firms are poised for a bumper £339 million pay day if Comcast triumphs in its takeover bid for broadcaster Sky.