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Business News

​Iconic London black cab goes green

The London Taxi Company, maker of the iconic London cab, has opened a new plant that will make electric taxis.

Business

Apple reveals its latest - and cheapest iPad tablet

​Apple's revealed an updated version of its iPad tablet with a brighter screen and its lowest ever cost with orders from Friday.

Business

Google to revamp policies after UK ad scandal

Google have vowed to police its websites better after several companies deserted the internet giant for failing to keep their adverts off hate-filled videos.

Business

Builder Bellway to raise dividend as half-year profits rise

British housebuilder Bellway said on Tuesday it would raise its dividend after posting a nearly 10% rise in half-year pre-tax profits.

Business

Best-paid former BHS executives gain most from pension deal

Philip Green's deal with the regulator to plug a hole in the pension schemes of BHS will see a small number of the highest-paid former managers benefit the most.

Business

Google apologises over YouTube adverts

Google has apologised for allowing ads to appear alongside offensive videos on YouTube.

Business

Uber president Jeff Jones quits

Uber has been thrust deeper into turmoil with the departure of company president Jeff Jones, a marketing expert hired to help soften its often abrasive image.

Business

Asking prices for UK homes show solid gain in Feb-March

Asking prices for homes in England and Wales are showing above-average increases as a shortage of properties for sale outweighed any nervousness about Brexit.

Business

Motorists facing tax increase for low emissions cars

The RAC says the vast majority of drivers buying new cars from April 1st will end up paying significantly more in car tax.

Business

Euro companies to cut UK investment post Brexit - Survey

A third of European companies expect to cut investment in Britain due to Brexit uncertainties.

Business

Osborne to edit London Evening Standard

George Osborne, who lost his job as Chancellor after the EU referendum in June, has been appointed editor of London's Evening Standard.

Business

Funding in all UK schools set to drop by 2019

​There will 'probably' be no schools that avoid a cut in per pupil funding by 2019, even after accounting for a proposed new funding formula

Business

British regulator to investigate Sky takeover

The British government has referred Rupert Murdoch's planned 11.7 billion pound takeover of Sky to regulators to decide if the deal is in the public interest.

Business

GTR and ASLEF reach new agreement to settle dispute

Govia Thameslink Railway, parent company of Southern Railway, and ASLEF, the train drivers’ union, have agreed new terms to settle their dispute.

Business

Chancellor scraps plans to increase NI for self employed

Philip Hammond has announced he has scrapped a planned increase in an employment tax announced in last week's budget

Business

Brexit no deal would 'mainly hurt Britain' - Tusk

​European Council President Donald Tusk has said Britain would mostly hurt itself if it left the European Union without an agreement.

Business

The Bank of England's deputy governor resigns

​The Bank of England says Charlotte Hogg had resigned as its deputy governor for banking and markets and as its chief operating officer

Business

Sterling drops as Brexit is given the go ahead

​Sterling has dropped again hours after parliament paved the way for Prime Minister to open divorce talks with the European Union.

Business

Rents lower than a year ago

Rents in Britain were £5 a month lower than in February 2016, the first annual fall for more than six years.

Business

Unused blackout power scheme costing £180m - report

A reserve power scheme set up to prevent blackouts during winter cost £180m over three years and was never used.

Business

SSE to put up electricity prices

SSE is to increase standard domestic electricity prices but will hold gas prices at their current level

Business