Business

Administrators have selected a rival battery start-up based in Australia as preferred bidder for collapsed Britishvolt. EY confirmed on Monday morning that its team...

The German automotive giant BMW is in talks with the government about a £75m funding package that would secure production of electric Minis at...

London’s FTSE 100 Index has reached an all-time high at 7905 earlier this afternoon. The Financial Times Stock Exchange index of the 100 most...

One thing the energy industry agrees on in theory – if not, it turns out, in practice – is that forcing prepayment meters on...

The energy regulator Ofgem has asked suppliers to suspend the forced installation of prepayment meters and review their processes for dealing with customers who...

The boss of British Gas’s owner, Centrica, said “there is no excuse” after an investigation found the company sent debt collectors who broke into...

The Bank of England has raised UK interest rates by a further half percentage point to 4%, but gave its clearest signal yet that...

Shell has announced annual profits of $39.9bn (£32.2bn), doubling from a year earlier and far exceeding the previous record of $31bn in 2008. The...

About 2.3 million households missed an essential payment in January – an increase of 400,000 on the month before, but similar to previous years....

British Gas has suspended the use of court warrants to force-fit prepayment meters after a report alleged it sent debt collectors to break into...

The US central bank has slowed the pace of interest rate hikes further but indicated more rises are likely despite official figures suggesting price...

House prices have declined for the fifth month in a row, falling 0.6% in January, according to one of the UK’s biggest mortgage lenders....

Britain’s second-biggest steel producer has been drawing up secret plans to axe hundreds of jobs even as it continues talks with ministers about £300m...

Shop prices have yet to reach their peak – despite record highs seen in January, it has been warned. Prices are now 8% higher...

The Treasury has revealed proposals to regulate cryptocurrency, following widespread calls for action after the spectacular collapse of one of the world’s largest trading...

High street stationery brand Paperchase has officially entered administration with no buyers interested in acquiring the company’s brick and mortar shops and physical assets....

Tesco has announced a plan to shake-up management and close hot counters and delis which will impact approximately 2,100 jobs. The plan will introduce...

The number of new mortgages approved has dropped for the fourth month in a row, to a low not seen since the early days...

Corporate insolvencies have reached their highest level since the aftermath of the great financial crisis, official figures show. There were 22,109 insolvencies in 2022,...