John Lewis boss to depart in 2020
John Lewis Partnership has announced that Sir Charlie Mayfield will leave the group in 2020.
The department store is losing its boss at a turbulent time....
Marks & Spencer shares fall amid weaker clothing and food sales
Marks & Spencer shares (LON:MKS) fell on Wednesday morning after the retailer reported a fall in clothing and food sales for the half-year.
Like-for-like sales,...
New Look announces further closures
New Look may close up to 120 stores in order to improve profitability.
This includes the 60 stores that New Look said it would close under...
Sainsbury’s, Morrisons & Asda cut petrol prices
Asda, Morrisons (LON: MRW) and Sainsbury’s (LON: SBRY) have all said they will cut the price of petrol by 2p a litre.
The supermarkets announced the...
Heathrow runway: Civil Aviation Authority share concerns
The Civil Aviation Authority has said that it has concerns over the Heathrow third runway.
In a letter to the Department for Transport, the Civil Aviation Authority said...
US mid-terms: what to expect
As we enter the final day before the pivotal US mid-terms, the world is wondering - will the Republicans be able to hold their...
ITV appoints Chris Kennedy as CFO
ITV (LON:ITV) have announced the appointment of Christ Kennedy as the company's new chief financial officer.
Kennedy is set to join ITV in February 2019,...
Hancock reveals NHS prevention plan to boost life expectancy
Health Secretary Matt Hancock will announce the new NHS prevention plan, which aims to boost life expectancy by five years.
Hancock's new long-term NHS vision...
‘Real Living Wage’ rises to £9 an hour
The 'Real Living Wage' is set to rise to £9 an hour, marking a 2.8% pay rise.
The 'Real Living Wage' is an independently calculated...
Softbank defends Saudi ties after Khashoggi murder
Softbank has said that it will continue working with Saudi following the murder of the journalist, Jamal Khashoggi.
The group's chief executive, Masayoshi Son, said that the...
Business leaders urge May for public vote on Brexit
Over 70 UK business leaders have signed a letter to Theresa May calling for a public vote on the Brexit deal.
Among those signing the letter...
BT shares soar 9% on profit increase
Shares in BT soared 9% on Thursday morning after the group posted a 2% rise in earnings in the first half of the year.
The company also...
Nationwide: House price growth slowest in 5 years
Nationwide has said that UK house prices are rising at the slowest annual pace in over five years.
Britain’s biggest building society said on Thursday that average property...
Government plans crackdown on money laundering
The government has announced plans to crack down on money laundering in the UK, warning high street solicitors, accountants and estate agents.
Security minister Ben Wallace...
Crawshaw Group becomes latest retailer to collapse
The butchery chain Crawshaw Group has collapsed into administration, putting 800 jobs are at risk.
The company has over 50 stores across the UK and expects to...
GSK ups guidance amid shingles vaccine sales boost
GSK upped its annual guidance on Wednesday, after sales of its shingles vaccine helped boost profits by 2%.
GlaxoSmithKline (GSK) said operating profit for the...
Fastjet shares tumble 30% amid latest warning
Shares in Fastjet fell 29% to 1.65p on Wednesday as the African-airline said it was in funding talks with shareholders.
The low-cost airline, which is majority-owned by easyJet...
Jaguar Land Rover swings into loss as sales fall 13%
Jaguar Land Rover has fallen into a loss for the three months to September 30.
Sales in the car manufacturer fell sharply, resulting in a...
Eurozone Inflation hits six-year high
Eurozone inflation hit six-year highs in October, with the spike largely caused by rising energy prices.
Eurostat, the European Union's statistics office said the bloc's inflation...
Next sales slow down, shares fall
Shares in Next fell on Wednesday as growth in sales slowed down over the third quarter.
Whilst retail sales in the retailer fell 8%, the...
