A rate-setter at the Bank of England said he was looking for “more evidence” that inflation has been tamed before cutting interest rates. In a speech delivered at the Association…
Sony has announced plans to cut around 900 jobs in its Playstation arm and close its London studio. Describing the move as an “extremely hard decision”, the gaming giant’s chief…
American Express has launched a new offering for UK customers to pay off large credit card purchases in monthly instalments as it looks to capture further market share from the…
Aldi’s appeal against a decision that it had infringed on Marks and Spencer’s registered design of its light-up gin was dismissed earlier today. Marks and Spencer launched its intellectual property…
Activist investment firm Elliott has made a second bid for electrical retailer Currys, according to reports made this afternoon. The owner of Waterstones has lodged an offer of between 65p…
Network Rail will provide £140m in funding aimed at resolving persistent disruption and delays on the London Elizabeth Line, it has been announced. It comes after a meeting with Mayor…
The UK arm of fashion giant Mango created almost 150 jobs as its sales and profit jumped during 2023, new figures have revealed. The brand’s turnover increased from £104.3m to…
Citigroup’s share in the global investment banking market fell to its lowest level on record last year, according to new data, as investors demand that the bank catch up to…
Jeremy Hunt will cut national insurance rather than income tax in next week’s Spring Budget, according to reports, but he will not have a huge amount of fiscal space to…
One of the heads of the UK’s North Sea oil and gas industry has said that forcing the net zero transition on people ultimately damages the global net zero journey.…