The UK economy’s stuttering performance is expected to persist into the third quarter as lacklustre displays from the services sector and construction industry hamper economic growth.
Reinsurance giant Swiss Re has said the insurance market is set to lose a total of $95 billion (£72 billion) in the wake of three major US hurricanes and two devastating earthquakes in Mexico.
Rio Tinto’s ex-chief financial officer has resigned from City’s independent supervisor for mergers and acquisitions after being hit with fraud charges for allegedly hiding losses by inflating the value of African coal asset.
Cabot Credit Management, Britain’s biggest debt collector, has pushed the button on a £1 billion stock market flotation in London.
Chancellor Philip Hammond was handed a boost to the public finances ahead of November’s Budget as Government borrowing fell to its lowest level in a decade last month.
Lloyds Banking Group is expected to unveil a rise in profits next week as it kicks off a trio of third quarter results in the sector, as a high-profile court case against the lender continues.
Holiday Inn-owner InterContinental Hotels Group (IHG) has reported rising third quarter revenues as tourists returned to Europe following last year’s terror attacks and as hurricanes battered North America.
Troubled outsourcing and construction group Interserve has won a £227 million Government contract, a day after issuing a profit warning that saw its shares plunge.
Chancellor Philip Hammond may be hauled in front of an influential committee of MPs to address concerns over a worrying lack of diversity among the Bank of England’s most senior staff.
Unilever shares dragged on the FTSE 100, after the consumer goods giant’s third quarter sales took weather-related hits in the US and Europe.
The chairman of BP has announced plans to step down from the oil major, sparking a hunt for his successor.
The chief executive of Goldman Sachs has cast further doubt over the banking giant’s future in London after Brexit in a provocative tweet that is likely to pile further pressure on the Government.
Norway’s Helly Hansen has snapped up British outdoor clothing brand Musto in a deal understood to be valued at around £50 million.
Around 300 jobs have been lost at the UK arm of computer reseller Misco after the operation plunged into administration.
Shares in Interserve have crashed more than 36% after the outsourcing and construction group issued another profit warning and said it may breach its banking covenants.
Mecca Bingo owner Rank Group has notched up a hike in sales thanks to a boost from online betting.
Consumer goods giant Unilever has said third quarter sales were hit by hurricanes in the US and poor weather in Europe.
London Stock Exchange boss Xavier Rolet is to stand down by the end of 2018 after nearly a decade at the helm.
Builders’ merchant and Wickes DIY chain owner Travis Perkins has said it jacked up prices to offset soaring costs from the Brexit-hit pound in the third quarter, which helped it boost sales.
Post-Brexit Britain is risking a “lost decade” as rising wealth inequality, soaring debt and sky-high house prices leave the country’s youth behind, a new report warns.
Britain’s fintech firms are on track to raise record investment this year, signalling sector strength despite fears over Brexit’s effect on the economy.
Australian investment management firm AMP Capital has snapped up Leeds Bradford Airport for an undisclosed sum.
London’s top-flight index edged towards record territory on Wednesday as blue-chip stocks enjoyed a leg up from the weak pound.
The chief executive of Revolution Bars has quit the firm, just a day after an attempted takeover of the group collapsed.
BrewDog plans to raise up to £50 million to underpin a fresh expansion drive which will include the launch of a craft beer TV network.
Mining giant Rio Tinto and two of its former top bosses have been charged with fraud in the US and the firm has been hit with a record UK fine for allegedly hiding losses by inflating the value of African coal assets.
Household goods giant Reckitt Benckiser has warned over sales for the second time in three months as it grapples with “challenging” markets and the ongoing impact of a recent cyber attack.
Revenues at Foxtons slid again in the third quarter as the London-focused estate agent continues to feel the impact of a slowing property market in the capital.
Regional airline Flybe has warned over profits after incurring higher-than-expected aircraft maintenance costs.
A third of workers are not saving towards their retirement, according to Financial Conduct Authority chief executive Andrew Bailey.
