Business

Swiss banking giant UBS has reported a record pre-tax profit of $29bn (£22.8bn) in the latest quarter following its takeover of Credit Suisse. The...

A former chief executive of Prudential is the leading candidate to become the next boss of St James’s Place (SJP), the FTSE-100 wealth manager....

Hundreds of job losses at Wilko have been confirmed after a bid to buy the entire business fell through. Administrators PwC said 269 roles...

The UK car industry has declared it is “recovering” after production last month rose by almost a third compared to a year ago. The...

Job losses at Wilko could be announced on Thursday after an offer to buy the entire business reportedly failed to “pass basic checks”, according...

Mortgage approvals dropped almost 10% last month, new Bank of England figures show. The net decrease – from 54,600 in June to 49,400 in...

The new chief executive of Future is to sever ties with its business-to-business operations in a signal of his plans for the owner of...

The number of house and flat sales in the UK this year is set to be the lowest in a decade, according to new...

Redundancies among Wilko’s 12,500-strong workforce have been suspended while further bids for the collapsed retailer are considered, a union has said. The GMB said...

The housing secretary Michael Gove is planning a major change to rules on waterway pollution in a bid to build thousands more homes in...

The expansion of Sadiq Khan’s controversial ultra low emissions zone (ULEZ) has come into force despite facing a number of political hurdles. The zone...

Three members of the quintet that founded M&C Saatchi nearly 30 years ago have placed a £1m bet on the revival of the advertising...

A trio of former Deliveroo executives have secured investment for a new property search engine start-up backed by a Google artificial intelligence fund. Sky...

The owner of HMV has approached a number of debt providers to back a last-gasp rescue bid for Wilko, the ailing high street retailer....

The former owners of The Daily Telegraph have lined up hundreds of millions of pounds from Middle Eastern investors in a bid to wrest...

Household bills are dominating the headlines again after regulator Ofgem announced the latest energy price cap. Released quarterly, the cap limits what utility companies...

The energy regulator has confirmed a cut to its price cap that will see average household bills come down this autumn, as experts continue...

Ofgem’s latest announcement appears to offer some respite, but it is better off customers that stand to benefit, while poorer households could end up...

Consumer confidence has grown again, with positive signs ahead for the UK economy, a survey says. But the picture still remains negative, according to...