Category: News Wire

Investors need to take a long-term view when backing new tech start-ups in the UK according to leading fund manager Neil Woodford.

Outsourcing group Mitie has warned that it expects both revenue and operating profit for the six months to 30 September to fall short of previous expectations.

The company has been criticised over its decision to compensate customers in the US with up to $10,000 (£7,700) but not give anything to UK owners

Focus on Fed’s announcement as Bank for International Settlements says central banks have become overburdened with boosting growth

A pair of Chinese bidders are eyeing the £11bn auction of National Grid’s huge gas distribution network, an important part of Britain’s energy infrastructure that was put up for sale by the FTSE 100 giant last year.

MPs have launched an inquiry into corporate governance, focusing on executive pay, worker representation in the boardroom and the lack of women in senior positions.

The German-based bank is among many financial institutions investigated over dealings in discreditable mortgages in the run-up to the 2008 financial crisis

Business Roundtable warns of ‘grievous self-inflicted wound’ for EU and its people after Brussels’ ruling that Apple must pay back Ireland €13bn in taxes

Hollywood Bowl, Britain’s biggest ten-pin bowling operator, will be valued at £240m when private equity owner Electra Partners floats the company on the stock market next week.

Fresh warnings have been triggered over the cost, security, and deliverability of Britain’s first new nuclear reactors for decades following yesterday’s green light for the £18bn build at Hinkley Point in Somerset.

HMRC has allocated 150 staff to help those who may have been affected and said it will assess cases as quickly as possible.

The US Department of Justice is asking Deutsche Bank to pay $14bn (£10.6bn) to settle an investigation into mortgage-backed securities, the bank has said.

Substantive Brexit talks between the UK and the rest of the EU are unlikely to start much before the end of 2017, a former European Council president says.

“Working Forward” asks them to take a pledge and offers the chance to “learn from the best” but will it amount to more than PR?

Chairman Sir Charlie Mayfield said profit was held back by price competition, pay increases and the cost of IT spending