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Business News

British Gas to scrap standard variable tariffs

The company says the controversial energy bills will end by April next year

Business

Workers £5,000 worse off by 2020 - Corbyn

Jeremy Corbyn unveils new research which says the Government's 'failure on wages' could leave over three million of the lowest paid workers £5,000 worse off by 2020.

Business

Scotland to bring in minimum alcohol price

Scotland is to become one of the first countries in the world to introduce minimum alcohol pricing.

Business

Talk Talk counts cost of fixed-price deals

TalkTalk spooked investors with a profit warning and slashed dividend saying it had added 26,000 customers to its fixed price broadband plans in the second quarter.

Business

Tesco steps closer to owning Bookers

The Competition and Markets Authority (CMA) said, after conducting an in-depth review, that it had provisionally concluded that Tesco's purchase of Booker does not raise competition concerns.

Business

Companies pay out £37bn in dividends - Labour

The Labour Party releases House of Commons Library research which shows that privatised companies have paid out £37 billion in dividends to shareholders since 2010.

Business

Twitter to roll out 280-character tweets worldwide

Twitter, known for its iconic 140-character tweets, has confirmed that it will roll out 280-character tweets to users across the world following a trial.

Business

Marks & Spencer to speed up change as profits fall again​

Marks & Spencer said on Wednesday it would accelerate the pace of its turnaround plan as it reported a 5 percent fall in first-half profit.

Business

Teachers call for 5% pay rise

Unions have written to the Education Secretary to call for the rise.

Business

New car sales down for seventh month

The number of new vehicles sold dropped by 12% in October

Business

Beer tax to cost thousands of jobs - report

The TaxPayers' Alliance claims that increases in taxation on beer could cost thousands of jobs in the beer and hospitality sectors.

Business

UK house price growth picks up slightly in October

​British annual house price growth edged up to a three-month high in October, mortgage lender Nationwide said on Wednesday.

Business

BA boss expects flights to weather the EU storm

Chancellor Philip Hammond said this month that if Britain left without a deal, this could lead to flights being grounded

Business

PM attempts to reduce gender pay gap

The Prime Minister has announced a new drive to improve workplace equality – calling on more companies to report their gender pay gap and take action to close it.

Business

BT to cut charges for landline-only customers

BT has agreed to cut the amount it charges customers who only take a landline service by 37% following pressure from the regulator.

Business

UK economy increases unexpectedly

Britain's economy unexpectedly picked up speed in the three months to September, putting the Bank of England firmly on track to raise interest rates next week.

Business

Costa coffee owner Whitbread's profit rises on expansion drive

Whitbread said first-half pretax profit rose 6.7 percent as it added more Premier Inn rooms and opened more Costa coffee outlets.

Business

Number of UK profit warnings increases

The number of profit warnings issued by British companies jumped to 75 in the third quarter, the biggest quarterly rise in almost six years.

Business

Customers facing broadband and energy price hikes

Customers could lose almost £50 per month this winter as a large number of energy and broadband deals come to an end.

Business

Richest in society 900 times more wealthy than the poorest

A report has been released as experts say those on low pay - one in four - are unlikely to receive a pay rise anytime soon.

Business

TUI plans to operate more flights after Monarch collapse

​Europe's largest tour operator TUI is putting on extra flights to make up for capacity lost after this month's collapse of Monarch.

Business