Business News

Lord Bilimoria, the cross-bench peer who founded Cobra beer and backs a second EU referendum, is being lined up as the next president of the CBI.

Two of the UK's biggest housebuilders have kicked off secret talks about ‎a tie-up just two years after a previous set of merger discussions broke down.

The average US household will be left $831 (£656) worse off as a result of the latest hikes in tariffs on Chinese goods in the nations' trade war, according to economists.

Swiss pharmaceutical giant Novartis has won approval for a new gene therapy drug which is priced at a record £1.67m per treatment.

The former owner of Formula One motor racing is revving up a fresh attempt to offload Domestic & General (D&G), the warranty giant which insures millions of Britons' household appliances.

Mothercare has reported a 20% leap in losses for its last financial year but says it is now starting to see "improving trends" in its core UK market as it continues attempts to transform the business.

The financial services firm Old Mutual has suspended its chief executive Peter Moyo, citing a "breakdown in trust".

One of Europe's largest buyout firms has approached Thomas Cook Group about a takeover of its Nordic airline and tour operator that could help the British company improve its fragile financial outlook.

Hundreds of grievance cases were raised against Sir Philip Green for slapping women's bottoms and grabbing their breasts, a Labour peer has claimed.

The owner of The Body Shop, Natura, is snapping up direct-selling cosmetics firm Avon in a deal that values the UK company at £1.6bn.