Category: News Wire

Low-cost airline Ryanair has announced a 25 per cent rise in profits and said it expects full-year results to be at the upper end of expectations.

Shareholders in The Co-operative Bank are considering buying the remaining 20 per cent stake as they look for ways to recover their investment.

The owner of Alton Towers expects its annual earnings to be around £40m lower following the rollercoaster crash at the theme park in June.

David Cameron says business deals worth more than £750m ($1.2bn) will be made during his tour of South East Asia.

GDP estimate from the ONS is expected to show the economy expanded by 0.7 per cent in the second quarter of this year.

Tesco has abandoned three times as many new supermarket sites as all of its rivals put together over the last five years in a fresh sign that the “space race” is over.

Thousands of skilled Greeks are eyeing up Britain as a more favourable destination in which to work, leading to fears the troubled nation could be facing a brain drain.

A small business commissioner will help firms tackle the issue of the billions of pounds in late payments for goods and services, under government plans.

Buyers at Morrisons have attempted to secure one-off payments from about 20 suppliers in a potential breach of a government-backed code, with only “a handful” blocked by the supermarket’s legal team.

Poland will not join the euro while the bloc remains in danger of “burning”, its central bank governor said.

Standard Chartered has come under fresh pressure to launch a multibillion-dollar rights issue after a leading shareholder said that the bank should raise new money if it had even the slightest concern about its finances.

Internet companies may have to provide more information on people and businesses who sell goods and services online, in a crackdown on tax evasion.

Anglo American has announced it will cut 6,000 jobs as it reported heavy losses on the back of plunging commodity prices.

British businesses are giving too much money to shareholders and not investing enough, the Bank of England’s chief economist Andy Haldane has said.