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Business News
Diageo, the FTSE 100 alcoholic beverages giant, has scrapped the sale of its Pimm's brand after failing to reach a deal with potential buyers.
The UK car industry has warned its efforts to support the transition to electric vehicles cannot be sustained indefinitely as it faces the prospect of fines for missing climate-linked sales targets.
Financial markets are now pricing in a shock interest rate cut for the UK at the next Bank of England meeting following remarks by its governor.
Tesco has said a focus on value amid the continuing squeeze on shoppers' budgets has paid off through a rise in half-year profits.
Banks could be given extra time to investigate suspicious payments in an effort to curb fraud.
Compass Group, the FTSE-100 catering giant which counts the Wimbledon tennis championships among its most prestigious contracts, is in talks with its investors about increasing its boss's potential pay package by millions of pounds a year.
A former senior executive at Harrods has abandoned plans to become the new boss of Fenwick.
John Foley, the former M&G Investments chief executive, is to become the next chairman of an early-stage investor which counts the location-mapping company What3Words among its portfolio.
A provider of advanced communications technology which aids soldiers on the battlefield will this week announce a $44m (£33m) fundraising led by an investor which counts the former defence secretary, Ben Wallace, as its newest recruit.
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 yet as far as financial markets are concerned.
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