Retail sales jumped to their highest level since 2022 in September, boosted by sunny weather that drove a surge in demand for clothing. Fresh figures from the Office for National Statistics (ONS)…
Petroineos, the energy trading company backed by Sir Jim Ratcliffe, lost $250m (£187.5m) in 2024 as it slumped into the red for the first time since 2020, it has been…
Fraud losses hit £629m in H1 2025, driven by new investment scams and record card fraud, as AI enables criminals to commit more sophisticated scams. For the first six months…
Natwest has raised its full-year financial targets after third-quarter profit jumped due to the lender’s cost-cutting regime and an improved retail banking performance. The FTSE 100 giant’s operating profit before…
With a decision expected at the end of the month, I back radical change to Welsh rugby’s regional structure. I wasn’t entirely shocked to read this week that there were…
The government must scrap stamp duty taxed on share trades or risk a growing number of firms quitting London for the New York Stock Exchange, investment bank Peel Hunt has…
Good morning from the City AM liveblog team. As we get closer and closer to the Budget, businesses are becoming more and more vocal on their concerns over what could…
A rumoured tax raid on sales of properties over £1.5m would be a disaster for Londoners, says James Evans With the Treasury neither confirming nor ruling out the prospect of…
Rachel Reeves pledge to reform the absurd Motability scheme essentially amounts to giving alcoholics Peugeots instead of a BMWs, says Jack Rankin As Rachel Reeves continues to take the scenic…
The UK banking sector had hoped the Supreme Court’s motor finance ruling would finally switch off the hazard lights and allow lenders to return to business as usual. The industry…