Business

A London-based commodities broker controlled by a group of former Lehman Brothers executives will this week clinch a takeover of a major industry peer....

Octopus Energy has asked the government for a £1bn taxpayer funding package to seal a takeover of Bulb, its stricken rival. Sky News has...

With so much fog surrounding the prospects for the UK economy, results statements from the country’s main commercial banks this week were an ideal...

Credit card borrowing last month increased at the fastest annual rate since 2005, according to new figures from the Bank of England. At the...

The UK’s competition watchdog is investigating Asos, Boohoo and George at Asda over claims about the sustainability of their products. The Competition and Markets...

British Airways owner IAG has returned to quarterly profitability for the first time since the coronavirus pandemic, but blamed Heathrow for its current “operational...

Up to 40% of households could be drawn into fuel poverty by soaring energy prices this winter, the boss of one of the UK’s...

Shell has reported record profits of $11.5bn (£9.4bn) for the second quarter, more than double last year’s figure of $5.5bn (£4.5bn). The oil giant...

Facebook owner Meta has reported its first ever revenue drop amid lower advertising sales and growing competition from TikTok. The social media giant reported...

Shop price inflation rose to 4.4% in July, up from 3.1% in June, according to new figures. The rise is the highest since the...

The world’s lender of last resort has appealed for central banks to raise interest rates and for governments to take a responsible stance with...

Heathrow Airport and easyJet, two of the air industry players affected by this year’s flight chaos, have revealed large financial hits while outlining how...

Ryanair has warned that rising fuel prices will increase costs despite reporting a first-quarter profit. The airline industry has been impacted by significant disruption...

Barclays is taking a stake in Copper, one of the most prominent names in the fast-evolving cryptocurrency sector, even as the industry continues to...

The Insolvency Service has written to Lex Greensill and other former directors of the supply chain finance group which bore his name as it...

More than 40,000 rail workers will strike next week after talks failed to resolve a dispute over pay, jobs, and conditions. Members of two...

The British arm of EY, the accountancy firm, has drafted in one of the City’s top investment banks to advise on an impending $80bn...

London Southend Airport has contacted airlines offering to host flights being cancelled by busier airports. It comes after weeks of disruption across the aviation...

The UK economy is facing a labour crisis that is affecting every sector of the economy, from agriculture to airlines, and hospitality to hi-tech...