Category: News Wire

The average price of diesel has fallen below 113p per litre for the first time since January 2010, according to the information group Experian Catalist.

Asda has caved in to pressure from dairy farmers and raised the price it pays its milk supplier, as figures show that sales of fresh milk in Britain are on course to hit their lowest level by value in eight years.

Kraft Heinz is cutting about 2,500 jobs as part of its plan to slash costs after the food companies combined earlier this year.

A glut in the world’s oil supply will last until at least the end of next year, the International Energy Agency warned yesterday, despite the fastest rise in demand in five years.

According to Sky News, the move by the People’s Bank of China serves to highlight the increasing level of concern awarded to the world’s second largest economy. As previously reported, Chinese exports in July came in 8.3 per cent lower than the prior year after fears that the strength of the yuan was rendering Chinese exports […]

Travel operator Tui Group has announced how much its profits will be hit by the beach attack in Tunisia in June.

Mortgage lending rebounded in June after first-time buyers returned to the property market, according to an industry report.

China’s authorities took the shock decision to devalue the yuan for the first time in modern history on Tuesday, as Beijing attempts to fend off lower growth.

Production of the new Land Rover Defender, the vehicle descended from the original postwar Land Rover, will be moved to eastern Europe.

The Government says shops in airports must cut their prices after accusing retailers of failing to pass on VAT discounts to passengers.

Publishing group Pearson says it has agreed to sell its 50 per cent stake in the Economist Group for £469m.

Latest data release is predicted to show a slight drop in unemployment and annual earnings growth running close to 3 per cent.

Ladbrokes has slumped to a £51.4m pre-tax loss after the troubled bookmaker wrote down the value of its 2,169-strong shop estate.

The music has stopped at nearly half of Britain’s nightclubs over the past decade amid a storm of problems such as the smoking ban and the proliferation of dating websites.

The Co-operative Bank has avoided a £120m fine from regulators over a governance and risk management crisis which led to it being rescued by hedge funds two years ago.