Category: News Wire

Pay for chief executives at Britain’s biggest companies is on the decline as a fresh wave of shareholder activism appears to be driving restraint.

Marks & Spencer slashes amount of space devoted to clothing, but plans to open 34 food shops in next six months.

Online shoppers in the UK spend more per household than consumers in any other country, a report says, amid a shift from stores to the internet.

The union has accused the Government of ‘gross betrayal’.

TalkTalk and BT have received the worst customer satisfaction scores in a survey of 12 broadband providers.

Business secretary Greg Clark accused companies of ‘flagrant mistreatment’ and ‘milking’ their customers in a ‘broken’ market but did not commit to a timeline for taking action

Bank expected to retain offices in London and Edinburgh, as bid from Australia’s Macquarie accepted despite opposition

The new boss of department store chain Debenhams has unveiled plans to close 11 warehouses and put up to 10 stores under review, in a move impacting at least 220 jobs.

The world-famous Knightsbridge department store is to explore a sale of the loss-making Harrods Bank

Chinese internet giant Baidu has said it will share much of the technology it has created for its self-driving cars.

Government and businesses criticised for ‘two decades of underinvestment’ that have left the UK lagging well behind on key measures including literacy, numeracy and digital skills

Lord Wolfson’s total package dives by 58% to £1.8m as rival House of Fraser says it is also ‘cautious’ about the year ahead

City grandees and currency investors alike backed Theresa May’s decision to call an early election in the hope she will win more authority to negotiate a smooth exit from the European Union.

Housing inheritance will benefit younger generations selectively, with less than a quarter of under-45s likely to gain

Sales of flats costing £1m or more have risen nearly threefold over the last decade, figures out today show.