Supermarket growth falls in run-up to Christmas

New data from the Kantar Worldpanel has shown Co-op, Aldi and Lidl to be out-performing the big four supermarkets. In the 12 weeks to 2 December, Tesco (LON: TSCO) and Sainsbury’s (LON: SBRY)...
Brexit

Brexit vote will take place “before January 21”

A spokesperson from Downing Street has said that a new vote on the Brexit deal will be delivered “before January 21”. The vote on Theresa May's...
Johnson Matthey

Just Group shares soar 27%

Shares in the pensions provider Just Group soared 27% on Tuesday after new rules from the Prudential Regulatory Authority (PRA) will not affect business...
Cradle Arc

Shares in MySale crash 50% amid “challenging trading conditions”

Shares in MySale plunged over 50% following a trading statement released on Tuesday. The online retailer warned of a half-year loss amid challenging trading conditions amid...

Crossrail faces further delays and £1.4bn bailout

The launch of the Crossrail has been delayed until at least 2020. The £15 billion rail line across London had previously been due to open this...

Banco Sabadell announces plans to sell TSB

Banco Sabadell said on Friday that it plans to sell TSB, following the IT meltdown earlier this year.  A spokesman for the Spanish lender said...
rm direct lending

UK has “robust” regime to combat money-laundering

The Financial Action Task Force has given the UK top marks in an anti-money laundering review. So far, over 60 countries have been reviewed and...
Ted Baker

Ted Baker boss receives formal warning over “forced hugging”

Ted Baker's chief executive has been given a formal warning from the retailer's allegations of "forced hugs". An online petition emerged over the weekend, which accused Ray...

O2 customers still unable to access internet

Customers of O2, Sky Moblie and Tesco Mobile were unable to access 3G and 4G services today, leaving over 30 million people without access to...
royal mail, gls, spain, mail

Royal Mail target price cut 16% by Deutsche Bank

Deutsche Bank (ETR: DBK) has cut Royal Mail's target price by 16% after the group was bumped off the FTSE 100. The group's relegation from...
tesco supermarket

Former Tesco directors cleared of fraud in £150m scandal

Two former directors at Tesco have been cleared of fraud and false accounting. Chris Bush and John Scouler were cleared of charges relating to a £250 million...
Boris Johnson

Boris Johnson to apologise in Parliament

Parliament has ordered Boris Johnson to apologise after he failed to declare almost £53,000 in earnings from books and his weekly Daily Telegraph column. The former...
Deutsche Bank

Deutsche Bank shares plunge amid criminal probe

Deutsche Bank shares hit fresh lows on Wednesday on the back of an on-going probe into money laundering allegations. The German lender is facing investigation...
Joules

Joules defies retail gloom as revenues rise

Joules reported on the first half of its financial year on Wednesday, with revenues up 17.6%.  The luxury British fashion group said that profits during...
Hikma Pharmaceuticals

Takeda shareholders approve £46bn Shire takeover

Takeda Pharmaceutical has backed the takeover of the UK-listed drugmaker Shire. Despite previous concerns shared by shareholders, 88% voted in favour of the £46 billion ($59 billion)...

Co-op boss on CMA investigation: “This market needs regulation”

After news that the Competition and Markets Authority (CMA) will be launching a major investigation into the funeral industry, the boss of the UK's largest funeral...
mark carney

Carney’s latest Brexit warning: food prices could rise by 10%

Mark Carney has made his latest Brexit warning today and has said that food prices could rise by between 5% and 10% in the event...
Royal Dutch Shell

Shell to set carbon targets, shares rise

Royal Dutch Shell has announced plans to introduce carbon emission targets following pressure from investors. The company will introduce three-to-five year targets every year from 2020...

TfL & Balfour Beatty fined over £400,000

Balfour Beatty and TfL have been fined over £400,000 by a rail regulator. The London Underground was fined £100,000 and Balfour Beatty was fined £333,000 for breaking...
Bank of America

Bank of America completes move to Dublin

The Bank of America (NYSE: BAC-B) has completed its move to a new base in Dublin. Prompted by Brexit, the lender completed the move after receiving all necessary...