Category: News Wire

Government borrowing recorded the biggest January surplus since 2000 and its lowest year-to-date reading since the financial crisis ahead of chancellor Philip Hammond’s first Budget on 8 March, despite a lower-than-expected monthly surplus.

Shares in HSBC have fallen after the bank reported a steeper-than-expected fall in annual profits.

Shares in Royal Bank of Scotland jumped after confirmed plans to halt the sale of its Williams & Glyn division, instead creating a fund to help smaller banks.

Unilever shares were down 7 per cent on Monday having soared more than 13 per cent on Friday after Kraft confirmed that it had made a bid.

Low income families have just £95 in their savings and investments compared to £62,885 among high income families, according to research by Aviva.

Online retail giant Amazon has said it will create 5,000 new full-time jobs in the UK this year.

Around 37,500 Argos employees were paid below the minimum wage for four years, Sainsbury’s has revealed, almost six months after sealing its £1.4bn takeover of the catalogue retailer.

Business groups are urging the government to strengthen corporate governance rules for privately-run firms, or risk a repeat of high-profile scandals like last year’s collapse of BHS.

The average micro business in the City will be paying business rates of £17,000 as of April this year.

Mark Zuckerberg has revealed deep-seated concerns that the tide is turning against globalisation.

Canada Goose, maker of Arctic coats costing as much as £900, has applied for a stock market listing in New York and Toronto.

Some workers wanted to reject the deal because the final salary pension scheme will now be replaced by a less generous one.

NHBC forcing buyers to sign agreement preventing them from contacting media about problems with their property or discussing with neighbours

High street retailer Debenhams has been “named and shamed” as the worst offender in the Government’s biggest ever list of companies that have paid their staff below the national minimum and living wage.

Vauxhall and Opel, marques owned by General Motors, could be sold to Peugeot in a deal that puts thousands of UK jobs at risk.