Category: News Wire

Speculation about a wave of takeovers in the supermarket sector has helped fuel a near 5 per cent rise in the shares of Morrisons.

Foreign investors own nearly £1 trillion-worth of British companies, up nearly 10 percentage points since 2010, official figures have shown.

National Savings & Investments has been accused of unfairly poaching customers from the private savings industry.

The Wall Street banking giant Citigroup is joining forces with one of its biggest rivals in an attempt to snap up a £13bn package of mortgage assets owned by British taxpayers.

Some 3.7 million women – nearly three in 10 employees – will receive a pay rise by 2020 owing to the new National Living Wage, research suggests.

The IMF believe recent turmoil in financial markets and the struggling Chinese economy could combine to hit global economic growth this year and force central banks to keep interest rates low.

The recovery among UK car makers has accelerated much faster than the wider manufacturing sector as the motor industry bounces back from the slump after the financial crisis.

A company that designed an insulin patch for diabetics has received $100 million of finance from investors led by Professor Sir Chris Evans, the life sciences entrepreneur nicknamed the “Welsh wizard.”

Challenger banks warn the Chancellor that a new tax surcharge will threaten their job creation plans.

Chinese markets recovered some ground on Wednesday, with the main share index recovering from early losses.

As well as branded goods, shoppers will be able to buy own-range products – but items will take up to five days to deliver.

European shares endured their worst August since the height of the sovereign debt crisis in 2011, as the ramifications of China’s stock market crunch continued to spread across the world.

The legal cornerstone underpinning the entire edifice of bank accounting is defective, according to a QC’s opinion.

A satellite venture designed to provide low-cost internet access to billions of people and backed by Sir Richard Branson is preparing to raise billions of dollars as it seeks to get off the launchpad.

Wet weather over the bank holiday weekend drove shoppers indoors, with many opting for covered shopping centres instead of the High Street, figures suggest.