Business News

HSBC has announced plans to shut 82 UK branches this year after a shift towards telephone and internet banking.

Administrators for Sir Philip Green's Arcadia empire are to close down its Outfit operation by the end of the month, with the loss of more than 700 jobs.

Kwasi Kwarteng has dismissed border delays and the rising cost of transporting goods to Europe as "teething problems" rather than a consequence of Brexit.

President-elect Joe Biden's choice as US Treasury secretary has urged Congress to "act big" and ignore surging national debt in the face of the continuing coronavirus crisis.

The UK high street is in the deep freeze and Superdry, the fashion retailer, emerged on Tuesday as one of the major casualties of coronavirus.

US casino operator MGM Resorts has announced that it will not increase its spurned £8.1bn offer for Ladbrokes owner Entain.

Chancellor Rishi Sunak has been urged by the CBI to extend the government's furlough and business rates holiday schemes - and to act before March's budget.

A former boss of Greene King has raised £200m to invest in Britain’s ailing pubs industry, betting on the prospects of a post-pandemic recovery for the sector.

Online demand for products from gravy and cooking sauces to electrical appliances enjoyed a boost during the stay-at-home festive period, latest trading updates have revealed.

The City's last-remaining open outcry trading ring is to be consigned to history by the London Metal Exchange (LME) as part of a review aimed at modernising one of the world's most important commodity trading hubs.