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Business News

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

Uber lodges appeal over loss of London license

Uber has submitted a court appeal to overturn a decision by London's transport regulator that stripped the taxi app of its operating licence.

Business

Britain outlines 2050 emissions plans

The Government has laid out plans over how it will invest over 2.5 billion pounds from 2015-2021 on science, research and innovation to help reduce emissions.

Business

Ofgem to work with government to lower energy prices

​Britain's energy regulator Ofgem said on Wednesday it would work with the government to provide price protection to all standard tariff customers

Business

Ryanair COO to step down

Ryanair chief operations officer Michael Hickey will resign from the end of the month becoming the first executive to leave since a rostering mess-up.

Business

US increases Bombardier tariffs

The U.S. Commerce Department has increased proposed trade duties on Bombardier Inc CSeries jets to nearly 300 percent.

Business

Toyota to build new car in UK with Brexit deal

Japanese carmaker Toyota intends to build its new Auris car at its British car plant on the assumption that the government will secure a transitional Brexit deal.

Business