Business News

One of the UK's biggest floorings retailers is just one step away from a collapse that would place 1,852 jobs at risk.
The FTSE 100 mining giant Rio Tinto is wargaming its biggest takeover swoop for years after the collapse of rival BHP's £39bn (£24.7bn) bid for Anglo American.
Post Office chief executive Nick Read is stepping back from the role temporarily to prepare for the next stage of the Horizon scandal inquiry, the company has announced.
The GDP figures were not the only encouraging piece of news to cross the desk of Rachel Reeves, the new chancellor, on Thursday.
Water bills are to rise by an average of 21% over the next five years, the industry regulator Ofwat has ruled.
One pound now buys more dollars than at any point in almost a year.
A prominent financial technology company part-owned by Legal & General (L&G) is in talks about a merger that would create one of Britain's biggest non-bank consumer lenders.
A fibre broadband network which has connected hundreds of thousands of Central London premises is exploring a sale after approaches from potential buyers.
Card payments at major high street shops like Asda, Sainsbury's, and petrol stations across the UK appeared to crash this morning.
The Financial Conduct Authority (FCA) has given the green light to the biggest shake-up of the rules it uses to govern Britain's listed companies in three decades.

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