Business

Starbucks has suddenly replaced its chief executive after the company suffered a bigger-than-expected drop in sales. The coffee chain’s board announced on Tuesday that...

Wages are still rising but at a slower pace as the unemployment rate surprisingly fell, according to official figures. Pay, excluding bonuses, grew by...

Grocery inflation has risen for the first time since March 2023, according to closely watched industry data. Prices in food shops rose by 1.8%...

Heathrow Airport has claimed it has suffered a 90,000 decline in passenger numbers on routes affected by a new £10-per-person government scheme. Bosses described...

BT Group has swapped one billionaire shareholder for another. Sunil Bharti Mittal, the Indian billionaire, has announced his conglomerate Bharti Enterprises has bought the...

The threat of more than 100 riots across the country led to a 10% drop in hospitality sales, an industry body has said. The...

Boris Johnson, the former prime minister, is being sounded out about an executive role with The Daily Telegraph in a move which could reunite...

The heads of the UK’s most valuable companies are being paid more than ever before – with the average chief executive paid more than...

Businesses including banks, airlines, train companies, telecommunications companies, TV and radio broadcasters, and supermarkets have been taken offline following a mass global outage. Major...

A senior minister has told the Post Office Horizon IT Inquiry that accountability for the scandal lies with the government, while the leader of...

The Bank of England has revealed disruption to some major financial transactions due to a “global payments issue”. In a statement, the Bank said...

Wage rises have slowed, official figures show, potentially signalling good news for those hoping for a fall in the cost of borrowing. But pay...

There has been no change to the rate of inflation which remained at 2%, the target rate for the Bank of England, according to...

Amazon workers have failed to achieve enough support for union recognition in the UK, the results of a landmark ballot have shown. More than...

A deal to buy The Body Shop has come closer to being agreed, the administrators have announced. The high street cosmetics chain went into...

There is nothing in today’s inflation data that will cause the nine policymakers who decide UK interest rates to panic. The overall CPI inflation...

There has been no change to the rate of inflation which remained at 2%, the target rate for the Bank of England, according to...

Elon Musk has said California’s new gender identification law was the “final straw” and that he is moving the SpaceX and X headquarters to...

The International Monetary Fund has confirmed that it is expecting the UK economy to grow faster than previously expected this year. The Washington-based fund,...