The UK risks falling from fifth to seventh in the rankings of the world’s largest economies next year, analysts have claimed.
British drugs giant GlaxoSmithKline has agreed a tie-up with US rival Pfizer to merge their consumer healthcare divisions to create a business with combined sales of £9.8 billion.
Virgin Atlantic has said that it is still considering whether to launch a takeover of regional airline Flybe.
The competition watchdog has laid down a set of radical reforms to the way the insurance, mortgage, mobile phone and broadband markets operate after finding that loyal customers are being ripped off to the tune of £4 billion.
The country’s five main business groups have issued a strongly worded warning about a no-deal Brexit, saying many firms are now reaching “the point of no return”.
The Bank of England made £10 million of purchases without following proper procedures and has 800 desks sitting empty at its Threadneedle Street offices, an inquiry into its costs has revealed.
Weakness in the commodities markets weighed on London’s blue-chip index on Tuesday, while a stable pound put further pressure on top-flight shares.
Inflation is expected to have fallen in November due to a drop in prices on motor fuel.
Overdraft charges will be made simpler and fairer and “overdraft prisoners” who are persistently in the red will get more help under a radical shake-up proposed by the City regulator.
Augmented reality experience maker Blippar has gone into administration.
The new UK boss of flexible workspace firm WeWork has doubled down on the company’s commitment to the British market despite growing uncertainty over Brexit.
BT is to overhaul the way it sets executive pay after the telecoms giant suffered a revolt over outgoing boss Gavin Patterson’s bumper £2.3 million remuneration.
A fundamental shake-up of the overdraft market, with simpler and fairer pricing, has been proposed by the Financial Conduct Authority (FCA). Here is a look at why the regulator is doing this and what the changes could mean:
The Wellcome Trust has boosted the value of its fund to almost £25.9 billion despite “choppier markets” and pledged around £900 million a year in charitable spending until at least 2022.
Energy regulator Ofgem has tabled proposals to “re-wire” Britain’s energy system in a move it says could save consumers £45 per year and hit network providers.
Radical plans to overhaul how banks charge customers for overdrafts – including stopping firms charging higher prices for unarranged borrowing – have been proposed by the City regulator.
Angling Direct reeled in rising sales in the last quarter as it profited from record Black Friday sales.
The FTSE 100 traded lower on Monday as investors continued to be concerned about the sate of the global economy.
Chancellor Philip Hammond has been dealt a £12 billion blow after statistics officials changed the way student loans are accounted for in the public finances.
Retail stocks tumbled after Asos warned full-year profits will be lower, blaming a “significant deterioration” in November trading.
Just Eat has been described by one of its shareholders as the worst-performing online food firm in the world as it called for a radical shake-up.
Energy giants SSE and npower have called off their merger, blaming “challenging market conditions” and the Government’s price cap.
Online retailer Asos has warned over sales and profits after experiencing a “significant deterioration” in trading in the run-up to Christmas.
A crackdown on bosses whose firms pester people with unsolicited calls will leave them “nowhere to hide”, the Government has insisted.
Laura Ashley is to close around 40 stores as the company’s new chairman pushes ahead with a fresh vision for the brand which includes expansion in China.
Christmas shoppers ventured out in greater numbers on Sunday after Storm Deirdre passed – but the weekend’s overall footfall remains down on this time last year.
Thai restaurant chain Giggling Squid has said Brexit uncertainty has held back its expansion plans, but vowed to keep opening sites as rivals retrench.
London’s blue-chip index was in the red on Friday as investors fretted about global growth and an economic slowdown in China.
Mike Ashley’s Sports Direct has emerged as a prospective bidder for Hamleys as the toy store’s Chinese owner looks for an exit.
London Stock Exchange Group has appointed Experian’s Don Robert as chairman, a year after a bitter public dispute within the company’s boardroom.