London’s FTSE 100 Index jumped higher as Wall Street rebounded after its recent tech sell-off, but sterling dropped in another painful session over no-deal Brexit concerns.
Lloyds Bank has restarted moves to shed hundreds of roles after it put redundancy plans on hold because of the Covid-19 crisis earlier this year.
Marketing supremo Sir Martin Sorrell has insisted his new outfit S4 Capital has a “fighting chance” of hitting growth targets despite the pandemic as the group notched up its first pre-tax profit since launch.
An esports team backed by David Beckham plans to sell shares on the open market in London in a bid to raise cash to attract new players.
Waste giant Biffa has seen profitability steadily improve after it traded “slightly ahead” of forecasts following the coronavirus pandemic.
Bank branch staff stopped £19 million of fraud in the first half of 2020 through a scheme that alerts police to suspected scams.
A woman who started her career in a Saturday job in a shop as a 16-year-old and is now managing director of department store giant Selfridges, has won a prestigious business award.
Increased household energy use during the lockdown as people remained at home could lead to some families facing substantial bill shocks this autumn, according to a website.
The pound has tumbled against the US dollar as concerns ramped up over a no-deal Brexit, but London’s top tier shrugged off big falls on Wall Street amid America’s hefty tech sell-off.
Students are being warned to beware of phishing scams as they head to university.
More than 300,000 people were put at risk of redundancy in just two months this summer as businesses struggle from the impact of the Covid-19 pandemic.
The value of takeovers of UK companies by foreign rivals plunged to a near six-year low between April and June as the coronavirus crisis also saw domestic deals plummet to levels not seen since 1975, according to official figures.
Housebuilder Vistry Group has swung to a half-year loss as the company had to deal with weeks of lockdown at its building sites across the UK.
The mass closure of bars, pubs and restaurants hit tonic sales at mixer maker Fever-Tree, although it was boosted by rising demand for cocktails at home.
The total value of new mortgage commitments made by lenders more than halved to its lowest level in a decade while the housing market was in the depths of lockdown, figures show.
Around 30,000 small company owners were forced to open fee-paying business accounts with Lloyds Bank in order to access the Government’s Covid-19 support, the competition watchdog has said.
Royal Mail’s postal workers delivered 1.1 billion fewer letters in the five months after lockdown started, as the business saw a strong swing to parcel deliveries instead.
Halfords has said that a surge in bike sales driven by a cycling boom during the pandemic has offset a slump in its motoring business.
Encouraging signs of a return to cash use by people and businesses were seen in August as people ventured out to pubs and back to work, according to the Post Office.
Online giant Amazon is set to hire dozens of engineers to develop autonomous deliveries in the UK, after online shopping took off during lockdown.
News of a potential new stumbling block on the UK’s road to negotiating a deal with the European Union before the end of the year sent the FTSE 100 soaring in London on Monday.
Tesco has said that Charles Wilson, the boss of its Booker wholesale business, is to leave the retail giant – following its two top executives out the door.
Pension providers are having to stand by and watch as customers transfer their life savings to potential scammers, a report claims.
The number of people leaving donations to charities in their wills has jumped by 56% in the past 12 months compared with a year earlier, according to a legal services provider.
More than 1,000 low-deposit mortgage deals have vanished from the market in the past six months, in a blow to first-time buyers.
Media group Future has said its digital business has been buoyed by soaring visitor numbers in recent months, meaning it now expects full-year profits to be ahead of market forecasts.
The average price of a property has tipped over £245,000 for the first time on record, according to an index.
Markets across Europe slumped into the red after a sell-off in US tech stocks drove a widespread decline in sentiment.
The UK Government’s support packages are proving just the business for a third of Scotland’s workforce and are key to supporting, protecting and creating jobs across the country.
The London markets slumped into the red after a poor start to trading in the US weighed down on European sentiment.