Category: News Wire

More retailers expected to go bust in new year after early signs show Christmas and new year sales boom has been short-lived

Barack Obama has hailed a deal reached to stave off a “fiscal cliff” of drastic taxation and spending measures as “just one step in the broader effort to strengthen the economy”.

Sir Charles Dunstone and Sir Roger Carr are leading a group Britain’s business bosses who have formed a mentoring company to boost women executives in big companies.

The Eco City CEO who broke Manganese Bronze’s monopoly is an inveterate entrepreneur who welcomes Nissan’s competition

Retailers have issued a rallying cry to MPs to block a 2.6pc rise in business rates early next year amid warnings Britain’s hard-hit high streets are in for another “tough” 12 months of trading.

The Queen will use her traditional Christmas Day message, filmed in 3D for the first time, to pay tribute to the world’s athletes for delivering a “splendid summer of sport” at the London Olympics.

Christmas sales figures are likely to be “acceptable” rather than “exceptional”, the British Retail Consortium (BRC) has predicted.

More major national and regional retail chains are facing insolvency while thousands of smaller operators are in danger of going under in the run up to another tough trading year says Begbies Traynor.

The OECD reckons that the UK already has one of the most flexible labour markets in Europe. As we know, it has been performing remarkably well, creating jobs at a time when national output has been flat.

Call to strengthen ringfence between high street and investment banks risks split with chancellor

BlackBerry maker’s revenues of $2.7bn better than expected, but down nearly 50% compared to last year

Tom Hayes, the British former UBS trader charged in the US with rate-rigging, transferred £50,000-worth of shares in a tech start-up into his wife’s name as the Libor allegations emerged, it can be revealed.

Facebook has begun testing the feasibility of charging to guarantee that messages from strangers make it into inboxes of intended recipients at the social network.

Two British insurers said they expected to take a combined financial hit of around $300 million (184.5 million pounds) from Superstorm Sandy, confirming its status as one of the most destructive storms on record.

Ofcom has named seven bidders for the forthcoming auction of bandwidth for 4G mobile broadband services.