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Business News

Freight train prepares to travel from Britain to China

​The first freight train to run from Britain to China is preparing for departure, carrying vitamins, baby products and other goods.

Business

Three quarters of schools already cutting budgets

​Nearly three-quarters of head teachers, teachers and support staff say their school has cut spending on books and equipment,

Business

Labour leader to pledge to increase living wage

During a speech a little later the Labour leader will set out plans to increase the hourly living wage in the UK by 2020

Business

Lloyds to compensate fraud victims

Lloyds Banking Group has revealed a 100 million pound compensation scheme on for victims of a fraud for which six people were jailed.

Business

British holiday makers still facing high US roaming charges

British holiday makers heading on a two-week trip to the United States risk racking up a roaming bill of £3,022.

Business

Co-operative Group writes off stake in struggling bank

Britain's Co-operative Group, the mutually-owned supermarkets to funeral services grop, has written off the value of its stake in the struggling Co-operative Bank.

Business

Gender pay gap regulations take effect

Thousands of employers will publish their gender pay gap figures for the first time from today.

Business

Lifetime ISA launched for the under 40's

A new savings account for the under 40's announced by former Chancellor George Osborne is being launched today.

Business

Millions of children to be hit by benefit changes

Charities claim an estimated 3 million children will be affected by the introduction of the “two-child limit” to child tax credit and Universal Credit.

Business

Lloyds to close 100 more branches

The Unite union, has expressed anger about Lloyd Banking Group's decision to close a further 100 branches, resulting in over 200 job losses.

Business

16 million households suffer from broadband issues - Which?

A new Which? survey has found that 59% of households have experience​​d some kind of problem with their home internet connection in the last year.

Business

UK car sales rise 8 percent in March

British new car sales rose by 8 percent in March, usually the top-selling month of the year, compared with the same month last year.

Business

Half of fathers would use shared parental leave

More than half of fathers would use Shared Parental Leave, according to our new survey carried out to mark the second anniversary of the scheme.

Business

Daimler to join forces with Bosch to produce robo-taxis

Mercedes-Benz parent Daimler and supplier Bosch are teaming up to develop self-driving cars accelerating the production of "robo-taxis".

Business

EU politician calls for businesses to leave London

All financial business denominated in euros should be moved from London to the European Union after Britain leaves the EU, according to a politician.

Business

Train drivers' union rejects Southern Rail resolution

ASLEF drivers have rejected a proposed resolution to the long-running dispute with Southern Rail.

Business

Burberry signs huge licensing deal

British luxury brand Burberry has said it would license its fragrances and cosmetics to Coty in a deal totalling 225 million dollars that will help it develop new products.

Business

Imagination shares plunge as Apple abandons firm

Apple has given Imagination Tech notice that it will stop using its graphics technology in the iPhone and other products in up to two years' time.

Business

FSB calls for Councils to support businesses

The Federation of Small Businesses warns that small firms could suffer if there are delays in helping those worst affected by the revaluation of business rates.

Business

UK BMW workers vote for strike action

BMW workers making engines and the iconic Mini and Rolls-Royce cars have overwhelmingly backed industrial action.

Business

UK launches tax evasion probe into unnamed institution

Britain has launched an investigation into suspected tax evasion and money-laundering by an unnamed "global financial institution" and some of its employees.

Business