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UK private equity investor with reputation for hard-nosed restructuring says it is backing existing managementFlying Tiger is the latest retailer to be snapped up by Modella Capital, the British inves...
Albert Manifold says he was removed without warning and ‘will not allow a false narrative to go unchallenged’Business live – latest updatesThe ousted chair of BP, Albert Manifold, has accused the oil...
German-owned discounter’s sales rise 8.8% year on year as households seek ways to keep bills downLidl has overtaken Morrisons to become the fifth largest grocer in Great Britain as its sales were powe...
Dekiln to scale up its low-carbon technology with Johnson Tiles, in boost for struggling British ceramics industryA Manchester-based startup that makes ceramic-like tiles from waste without needing an...
Police officer in charge says budget could reach £19.3m and nearly 100 more investigators are neededThe police criminal inquiry into the Post Office Horizon IT scandal faces a five-year delay unless i...
Campaigners reject claims that tougher rules will deter hiring and lock young people out of labour marketMinisters should press ahead with a ban on zero-hours contracts, campaigners say, despite claim...
Russell Group university promises students, from chemical engineering to classics, ‘meaningful real-world experience’A leading UK university is promising work placements to all undergraduates regardle...
Oil company is FTSE’s biggest faller as chair departs immediately after only eight months in the roleBP has removed its chair, Albert Manifold, with the oil company’s board saying it had serious conce...
Some analysts question whether design of Luce, starting at $640,000, lives up to sportscar brand’s heritageFerrari’s share price has dropped after it revealed a long-awaited first electric vehicle, wi...
Peer’s comments come as Milburn report is likely to find government has failed to tackle youth unemploymentThe boss of Next has sounded the alarm about a “dramatic fall” in the number of entry-level j...
DIY chain owner Kingfisher is top FTSE 100 riser as it sticks to full-year profit outlookA wet and cold Easter hit sales of barbecues and garden products at the home improvement chain B&Q, but it hope...
Errors and delays in tracing accounts at the trusted savings institution have compounded the stress of relatives losing loved ones“It has been more than a year of hell,” says Kate Constable about the...
Data shows even if Iran war ends, shop price inflation on rise, while only 16% of firms left unscathed by conflictHigher prices could persist over the summer even if ceasefire talks between the US and...
Exclusive: Chancellor pushes for procurement of ships, steel, energy and AI to prioritise Britishness as well as costRachel Reeves has instructed cabinet colleagues to award government contracts in fo...
Alan Milburn, who is leading review commissioned by government, says current strategy ‘going in wrong direction’Labour has failed to tackle soaring youth unemployment and must launch a “system reset”...
Exclusive: Research shows cost of crime for each affected business was on average £83,000 in past yearNine in 10 retailers based in rural locations have been victims of crime in the past 12 months, ac...
Bonus scheme that could hand CEO a £60m windfall is ‘significantly out of line’ with market, says proxy adviserInvestors in Metro Bank are being urged to vote against the lender’s pay report next mont...
Hitting government’s target of getting 80% of workers into jobs would reduce cost of universal credit by £10bnTackling the root causes of joblessness, instead of cutting benefits, is the best way to g...
Rail minister Peter Hendy says fast rollout shows reforms are working as questions over reliability remainSouth Western Railway’s newest train, wrapped in union jack-inspired Great British Railways li...
Under government’s price cap typical gas and electricity bills are forecast to rise by £209 from this summerMinisters face growing calls to cut utility bills as millions of households in Great Britain...