Category: News Wire

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UK companies in ‘merger of equals’ to create leading European electricals retailer

The Royal Bank of Scotland is considering legal action against the businessman behind a damning report that accused the taxpayer-backed lender of deliberately putting customers out of business for profit.

Entrepreneurs who sell out of their companies quickly should be hit with far higher tax rates to encourage them to stick it out for the long term, according to a leading investment manager.

Dundee-based pensions and savings firm says referendum is creating uncertainty for its customers and business

J Crew, the American fashion retailer beloved by Michelle Obama and actress Katie Holmes, could be sold to the Japanese clothing giant behind Uniqlo for between $4.5bn and $5bn (£3bn).

Facebook founder Mark Zuckerberg believes WhatsApp is worth much more than the $19bn he paid for it last week.

More than half of the UK public credit British business with leading the country’s return to growth – while just a quarter think the government was responsible.

According to the Financial Conduct Authority (FCA), the UK’s four largest banks have upped the pace of payouts to small businesses mis-sold interest rate hedging products.

The UKs best loved and most successful entrepreneur Sir Richard Branson has quit Britain to live in his Caribbean tax haven

Working for your country isn’t all it’s stacked up to be, the Queen of Shops has warned. Mary Portas told MPs that she had “taken a huge bashing” for her efforts to revive Britain’s high streets and town centres, despite doing the work for free.

Car manufacturers, drugs makers and oil and gas firms must be given tailored support to boost British goods exports to emerging markets to offset a decline in trade with traditional partners, a study has warned.

Britain has many more technology firms than the government estimates, according to a new report.

An online sales tax would be an “extremely backward step” that could wipe out many digital start-ups, Lord Wolfson, the chief executive of Next, has claimed.

The number of Britons claiming unemployment benefit fell for the eight month running in June and at its fastest rate in three years, in the latest sign the economic recovery is gaining strength