Airtel Africa has set its sights on a £3.6 billion valuation as it pushes ahead with plans to float on the London Stock Exchange.
UK and abroad
Shares in recruitment group Staffline have slumped after the firm said it would scrap its dividend and was looking into raising £37 million to cut its debt.
Construction firm Kier Group is to cut 1,200 jobs as part of its plans to simplify the business and save on costs.
Huawei’s founder has likened his company to a badly damaged plane, and said revenues will be 30 billion US dollars (£24 billion) less than forecast over the next two years.
Babcock has confirmed that it was approached by outsourcing rival Serco earlier this year with a proposal for a mega-merger between the two companies, but the idea was rejected.
Business investment is forecast to contract at a faster rate this year and recover more slowly in 2020 than expected in previous forecasts amid continued uncertainty over Brexit, a new report has predicted.
Superdrug’s sales sizzled as summer temperatures soared last year, but the chain has revealed a dip in annual profits amid “challenging times” for the high street.
Tottenham Hotspur’s new £1 billion stadium will have the highest business rates bill of any football ground in the country, new data shows.
Bank of England policymakers are set to keep interest rates on hold again this week, as economic growth slows sharply after a stock-building boost at the start of 2019.
More than one in 10 people in Britain own second homes, buy-to-let and overseas properties worth a combined £941 billion, a new study suggests.
Oil prices pushed higher on Friday while global markets edged lower, as an attack on two oil tankers prompted fears over supply.
Bosses at energy giant SSE have missed out on an annual bonus this year after the collapse of its merger with npower in 2018.
Dixons Carphone, the retail chain behind Currys PC World and Carphone Warehouse, is set to update the City on its turnaround plans after bosses previously admitted they had been too slow to win over online shoppers.
The maker of a controversial WhatsApp-hacking software has claimed it is drawing a line under a recent scandal over its use.
Delays to London’s Crossrail are holding back expansion plans at one of Lord Alan Sugar’s star investments, the businessman has revealed.
The entire board of Royal Mail has missed out on any bonus this year after a disastrous period for the postal service, according to the company’s annual report.
Global insurance giant Swiss Re has confirmed plans to float its UK life insurance arm ReAssure on the London Stock Exchange next month.
The boss of guarantor lending firm Amigo has stepped down due to ill-health.
Shell Energy Retail has been forced to pay £390,000 after overcharging around 12,000 accounts on its default tariffs.
Investment in small businesses surged outside London in 2018, driven by soaring numbers of investment deals in the east of England.
Despite oil prices soaring after two tankers appeared to be attacked in the Gulf of Oman, the FTSE 100 only managed to tick up by less than a single point on Thursday.
Tesco’s chairman has defended a decision to stop paying bonuses to shop floor staff, despite continued rewards for the supermarket’s executive team.
Calls for further measures to rein in mammoth pay deals for company bosses have been rejected in a “missed opportunity” by the Government, according to a Commons committee.
Jamie Oliver’s last remaining UK restaurants have been saved from closure, after being snapped up by food-to-go specialist SSP Group.
The Financial Conduct Authority (FCA) has attempted to draw a line under a five-year scandal that saw officials accused of failing to take action against poor practices at Royal Bank of Scotland’s controversial restructuring division.
High street giant Marks & Spencer has revealed 85.1% take-up for its £600 million investor cash-call to finance its joint venture deal with online grocer Ocado.
Model train maker Hornby is on track for a turnaround thanks to management weaning themselves off the “drug” of discounting, the company has said.
Iceland has reported a slump in full-year earnings after it was weighed down by a “disappointing” performance in the first half of the year.
A hedge fund run by veteran activist investor Nelson Peltz has bought a 6% stake worth around £736 million in plumbing group Ferguson.
Britain’s accounting watchdog has slapped PwC with a £4.55 million fine for failing to challenge management at IT management firm Redcentric, where a £15 million black hole was later uncovered in its books.
Supermarket Morrisons is rolling out its same-day online grocery delivery service with Amazon to at least five more cities across the UK.
Majestic Wine has plunged to an £8.5 million full-year loss as it closes in on the sale of its retail store business.