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Business News

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

Tesco chairman 'joking' over white men comment

Tesco's chairman says he was joking after telling an audience of aspiring non-executive directors white men were "an endangered species"

Business

VW pleads guilty in US emissions case

Volkswagen has pleaded guilty to fraud, obstruction of justice and falsifying statements as part of a $4.3 billion settlement with the U.S. Justice Department.

Business

EU ready to respond when UK triggers Article 50

European Union institutions will be ready to respond within 48 hours to Britain's official plan to leave the EU, according to Council President Donald Tusk.

Business

JD Wetherspoon issues tax rise warning

Pub operator JD Wetherspoon has reported its slowest sales growth in at least seven years and warned higher taxes would squeeze future results.

Business

BT resolves two-year battle with Openreach deal

BT has reached an agreement with the regulator to finally resolve a two-year row over how the national broadband network is run.

Business

Palace of Westminster 'in extreme state of disrepair'

MPs on the Public Accounts Committee say parliament should leave the Palace of Westminster while major works are carried out.

Business

Morrisons first annual profit rise in 5 years

Morrisons has reported a rise in annual profit for the first time in five years, cementing its revival under a new management team.

Business

Uber prohibits use of 'Greyball' technology

Uber has prohibited the use of its so-called "Greyball" technology, ending a program that had been critical in helping Uber evade authorities in cities where the service is banned.

Business

Apple's Siri learns Shanghainese

With the broad release of Google Assistant last week, the voice-assistant wars are in full swing.

Business