Business and Economic News

Bank of England warns further Brexit uncertainty will damage economy

Thu, 19 Sep 2019 11:54:00 +0100

The Bank of England has warned that extended uncertainty over Brexit could lead to further damage for the UK economy.

Online shopping decline behind fall in retail sales in August

Thu, 19 Sep 2019 09:26:00 +0100

The end of pre-summer holiday promotions is being blamed for the first decline in retail sales since May.

Next says warm September more harmful than Brexit heat

Thu, 19 Sep 2019 06:54:00 +0100

The Brexit-supporting boss of Next says a warm start to September has done more to hinder sales than political uncertainty.

Mike Ashley fails in court bid to block Debenhams rescue

Thu, 19 Sep 2019 11:04:00 +0100

Debenhams has seen off a Mike Ashley-backed challenge to its rescue plans.

Ryanair (just) sees off revolt over O'Leary's £90m bonus

Thu, 19 Sep 2019 10:13:00 +0100

Ryanair has seen off an investor revolt over pay plans that could earn its chief executive Michael O'Leary £90m in bonuses.

'No guts': Trump attacks Federal Reserve over US interest rate cut

Wed, 18 Sep 2019 15:56:00 +0100

The US has cut interest rates by 0.25% for the second time this year amid concerns about slowing economic growth and global trade tensions. 'still duping consumers' despite regulator demands

Thu, 19 Sep 2019 08:57:00 +0100 is "continuing to mislead consumers" with false claims about the availability of hotel rooms months after regulators demanded the website improve its standards, according to a report.

Food bank demand linked to Universal Credit, charity warns

Wed, 18 Sep 2019 17:54:00 +0100

A charity that provides emergency food for those in need says that where Universal Credit exists, there's a higher demand for food banks.

£3bn needed for farming to tackle climate change and protect nature

Thu, 19 Sep 2019 00:33:00 +0100

UK farming needs billions of pounds from central government if commitments to tackle climate change and protect the natural environment are to be met.

BT urges switch-off date for copper broadband service

Wed, 18 Sep 2019 18:08:00 +0100

BT Group and its broadband infrastructure rivals are in secret talks with the government about a timetable for switching off copper broadband services that would echo the end of the analogue TV signal in 2012.