Category: News Wire

The pound has hit its lowest level for more than three months on reports Britain was set to quit the EU single market as part of its Brexit plans.

Retail group, which also includes Waitrose, reports strong Christmas but says retailers will face rising costs from importing goods.

Peer-to-peer lender Funding Circle aims for rapid growth and is now targeting the $417bn US market.

The capital’s commuters have been given yet more travel headaches for the week, after flooding caused station troubles during rush-hour.

British companies across all sectors will remain resilient after the country leaves the European Union, even if the UK heads for a “hard Brexit”, according to Fitch.

Sterling comes under further pressure on a number of fronts as it hits a new post-Brexit low versus the US dollar.

Marks & Spencer and Debenhams particularly boosted by performance in non-food divisions

VW ordered by US government to pay $4.3bn penalty, with carmaker’s former staff accused of running near decade-long conspiracy

The City has ratcheted up the pressure on the Government by issuing a series of demands that banks and other financial firms want from a Brexit deal with Brussels, including a transition period to stop markets from falling into a tailspin.

Wages have stagnated for years as generous pensions and rising property values have helped older generations.

Government launches £1.7m ad campaign ahead of increase in rate – but MPs and workers claim HMRC is not tough enough.

Surging inflation is set to dent real wages and resilient consumer spending, according to an influential think tank.

Facebook is to test “mid-roll” video advertising – in which ads are played after a video has already started – the BBC understands.

Boohoo has delivered fresh evidence of online retailers storming past their high street fashion rivals after beating bullish City forecasts with soaring sales.

Labour leader says cap on earnings is needed to address inequality and avoid UK becoming bargain basement economy.