Category: News Wire

Employers who fail to pay the new “national living wage” face increased fines under a crackdown on non-compliance announced by David Cameron.

Google has emphatically denied charges that it is abusing its dominance to harm price comparison websites, rejecting claims from European authorities that the internet giant is in breach of competition law.

Government plans to cut subsidies for electricity generated from rooftop solar panels by almost 90 per cent have been criticised as short-sighted and self defeating.

Sainsbury’s has given its staff a bumper 4 per cent pay rise – the biggest increase in a decade.

Shares rise and oil prices jumped 9 per cent after revised figures showed the US economy grew by far more than had been thought between April and June.

Markets worldwide enjoy better fortunes as Chinese government buys shares to prop up prices and US Federal Reserve suggests it may defer interest rate rise.

Barclays has won a significant legal battle after a judge ruled the bank will not face a lawsuit by investors over claims it favoured certain traders in its so-called “dark pools”.

The first British bank to float since the financial crisis has doubled its shareholders’ money in just over a year after posting surging profits from buy-to-let mortgages.

Mainland China’s main stock market, The Shanghai Composite, was 4 per cent higher by mid-afternoon as it hovers above the critical 3,000 level.

Prime Minister David Cameron is “punishing businesses” by trying to fulfil promises to cut immigration, the Institute of Directors says.

Hedge funds are set to bank tens of millions of pounds from the slump in share prices in London, having bet almost £18bn that the FTSE 100 would fall.

A British start-up selling honey-sweetened drinks is off to a flying start after securing Fortnum & Mason and Selfridges as customers in its first few months in business.

British motorists are not fully benefitting from the plunging cost of crude oil because refineries have ramped up their profit margins.

Paddy Power and Betfair have agreed to merge to form one of the world’s biggest online betting and gaming companies, in the latest move to consolidate the gambling industry.

The prospect of crash-proof computers could one day become a reality thanks to researchers at the Massachusetts Institute of Technology (MIT).