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Business News

Sterling starts to recover after shock General Election result

The pound has gained back around one fifth of its losses

Business

UK inflation jumps again in May

British inflation has jumped to its highest level in nearly four years in May, tightening the squeeze on consumers.

Business

Warning of charges despite EU roaming costs being scrapped

From the 15th of June, UK mobile phone users can use their bundle throughout the EU - but Which? is warning there could be some unexpected costs

Business

Competition watchdog warns Heineken & Punch over merger

Britain's competition regulator said Heineken's proposed takeover of Punch Taverns would face an in-depth investigation.

Business

Technology shares slump across Europe

​ European stocks were hit on Monday by big falls in Apple suppliers and other tech shares

Business

UK business confidence slumps after election

British business confidence has fallen sharply since last Thursday's inconclusive election, according to a survey by the Institute of Directors published on Monday.

Business

L'Oreal in talks to sell The Body Shop

Earlier this year, L'Oreal had announced it was reviewing its strategy for The Body Shop

Business

Pound plummets after election result

Sterling spiralled lower as the general elections left no single party with a clear claim to power, taking investors by surprise.

Business

People with HIV struggling to get jobs - report

People with HIV are still struggling to get jobs, according to a report by the Working Foundation.

Business

Apple to make it easier to fix cracked iphone screen

​Apple customers will soon have more choices as the company looks to reduce long wait times for iPhone repairs in store.

Business

Apple to expand on Siri in the battle against Amazon

​Apple is expected to announce plans this week to make its Siri voice assistant work with a larger variety of apps.

Business

BA staff set for strike action

T​he Unite trade union has notified British Airways that cabin crew members working for the carrier's mixed fleet are ready to hold four more days of strikes.

Business

Metro Bank acquires US mortgage portfolio

Metro Bank Plc has said it bought a mortgage portfolio from a company owned by U.S private equity firm Cerberus Capital Management for 596.7 million pounds.

Business

BAME workers more likely to be in insecure work

Black, Asian and minority ethnic workers are over a third more likely than white workers to be stuck in temporary or zero-hours work, according to a new TUC report.

Business

High-street sales hit by weak demand for fashion

Sales on Britain's high streets fell 1.3 percent in May, dragged lower by weak demand for clothes and shoes, according to accountancy group BDO's High Street Sales Tracker.

Business

Conservatives dwarf other parties in donations

Theresa May's Conservatives received 3.8 million pounds in large donations in the third week of campaigning ahead of the June 8 election.

Business

House prices fall for third straight month

British house prices fell for a third consecutive month in May for the first time since 2009, according to a survey by the Nationwide.

Business

Consumer confidence edges up to four-month high

British consumer confidence edged up to a four-month high in May but households stayed downbeat about the economic outlook.

Business

NHS could face bill of nearly half a billion pounds after Brexit

The NHS could face a bill of nearly half a billion pounds in the event that retired British people currently living in other EU countries choose to return to the UK.

Business

Shares in BA-owner IAG fall after IT cancellation chaos

Shares in British Airways owner IAG fell over 4 percent in early trading on Tuesday after a huge IT failure left 75,000 passengers stranded over the holiday weekend.

Business

Ryanair posts record annual profit

Ryanair has reported record annual profit despite sharp falls in average fares due to overcapacity and Britain's vote to leave the European Union.

Business