Business

Water firms in England and Wales have been ordered to return £157.6m to customers due to their poor performance. Ofwat said the money would...

The UK needs a strategy to meet growing demand for data centres or risk losing its advantage in the race to develop artificial intelligence...

The boss of the UK motor industry’s lobby group has blamed “criminal activity” for UK-made luxury cars finding their way into sanction-hit Russia. The...

The government has pledged nearly £22bn to fund projects that capture greenhouse gases from polluting plants and store them underground, as it races to...

The UK car industry has warned its efforts to support the transition to electric vehicles cannot be sustained indefinitely as it faces fines for...

Tesco has said a focus on value amid the continuing squeeze on shoppers’ budgets has paid off through a rise in half-year profits. The...

Financial markets are now pricing in a shock interest rate cut for the UK at the next Bank of England meeting following remarks by...

Banks could be given extra time to investigate suspicious payments under an effort to curb fraud. The Treasury said proposed new laws would enable...

Israel is fighting on at least four fronts, threatening a war across the oil-rich Middle East, but there is no great sense of fear...

A prolonged strike by US port workers risks a new wave of freight-led inflation, according to experts. The walkout, at each of the 36...

Saga, the London-listed financial services and travel provider for over-50s consumers, is in detailed talks with one of Europe’s biggest insurers about a deal...

The Post Office was a “mess” run by executives and government appointees who “dragged their feet” in efforts to compensate and exonerate sub-postmasters, the...

Mulberry, the struggling UK luxury brand, has rejected a proposed takeover bid by Mike Ashley’s Frasers Group. Frasers, which is majority owned by the...

Bosses at eBay have scrapped fees for private sellers across most categories. The online marketplace, which had already removed such fees for fashion earlier...

A lawyer representing people affected by a “second Post Office IT scandal” has said they “must not” have “a long, hard battle ahead for...

It’s a momentous day in UK industrial history, in two respects. But what have the closures of the last blast furnace at Port Talbot...

An arm of BlackRock, the world’s biggest asset manager, is closing in on a takeover of a major contractor to Thames Water even as...

An Australian property firm majority-owned by Rupert Murdoch’s News Corp has walked away from its takeover interest in Rightmove after a fourth bid was...

Mike Ashley’s sprawling retail empire Frasers Group has revealed a takeover bid for Mulberry, the struggling luxury brand, claiming it wants to save the...