Category: News Wire

Facebook’s UK arm ended 2015 with an £11.3m credit to offset against future tax payments just months after vowing to contribute more to the Exchequer.

The Government has abandoned plans to force businesses to reveal how many foreign staff they employ after accusations that the policy was “repugnant” and “racist”.

Sterling plunged more than 6% to $1.1841 in two minutes.

Deutsche Bank has announced that 1,000 jobs will be cut in Germany.

The City regulator has today slapped two Aviva businesses with a £8.2m penalty.

Airport also presents plans to support UK’s steel industry ahead of imminent decision on new runway capacity for London.

Easyjet has warned that the weakened pound will cost it £90m in its current financial year.

The personal data of 156,959 customers including names, addresses, dates of birth, phone numbers were stolen

Childcare costs are barrier to employment for women in couples but UK is among best places to be single parent, OECD says

The head of BT’s consumer business has launched a scathing attack on Sky, accusing his rival of “cynicism”, “lies” and “sinking to a new low”, after it emerged it cut its costs on broadband by choosing a slower network repair service.

Supermarket Tesco has seen a third consecutive quarter of rising sales, and the group says it is on track to reach its full-year profit target.

The airline had been a fierce critic of Brexit, saying it would be bad for the industry, but is now pushing ahead with aggressive expansion plans.

Part of the bank’s plan to sell off African operations, the sale boosts Barclay’s core capital ratio and increases share value

The pound hurtled to its lowest level in 31 years as fears of a “hard” Brexit triggered a renewed bout of volatility in the currency.

Sterling fell beyond its post-Brexit-vote low