September 13, 2018

Big four snub Sports Direct hunt for new auditor

At least three of the 'big four' accounting firms have refused to tender for the audit of Sports Direct International, leaving the retailer run by Mike Ashley facing a quandary as it tries to replace Grant Thornton in the role.
September 13, 2018

Driving licences could be invalid in EU under ‘no-deal’ Brexit

British drivers could face the "extra burden" of applying for a permit to drive in the European Union in the event of a "no-deal" Brexit, the government has warned.
September 13, 2018

Turkey’s central bank hikes interest rate to 24%

Turkey's central bank raised its interest rate to a much higher than expected 24% on Thursday, triggering a surge in the country's flagging currency. 
September 13, 2018

Bank keeps interest rates at 0.75% as Brexit looms

The Bank of England has maintained interest rates at 0.75% as the clock ticks down to Brexit in March next year.
September 13, 2018

BBC weather group to be sold amid cloudy forecast

The company which supplies data used by BBC weather forecasters is to change hands after a stormy five-year tenure in the hands of one of the world’s biggest private equity firms.
September 13, 2018

L&G strikes UK’s largest pension buy-in with BA

The UK's largest pension buy-in has been agreed that will see Legal & General (L&G) insure £4.4bn of historic pension liabilities at British Airways.
September 13, 2018

Shares in Debenhams dive on Sports Direct clarification

Shares in Debenhams fell 7% on Thursday after Sports Direct issued a statement to the market saying it had no intention of making an offer.
September 13, 2018

John Lewis half-year profits slump by 99%

The John Lewis Partnership has announced a 99% slump in half-year profits, saying its department stores are being squeezed by the "most promotional market we have seen for almost a decade."
September 13, 2018

Scallop wars may rumble on as peace talks collapse

The scallop wars that have plagued the English Channel are set to continue after peace talks between British and French fishermen collapsed.
September 13, 2018

‘No-deal’ Brexit means no £39bn divorce bill – Raab

Brexit Secretary Dominic Raab has said Britain will not pay its £39bn EU divorce bill if Brussels refuses to strike a deal.
September 12, 2018

Apple announces three new iPhones amid leaks

Apple has unveiled three new models of iPhones to a negative reaction from the stock market, and hours after accidentally leaking them online itself.
September 12, 2018

BA pensioner‎s take off with £4.4bn L&G deal

British Airways (BA) is on the verge of striking a landmark deal‎ to insure more than £4bn of its historic pension liabilities, underlining blue-chip companies' accelerating efforts to reassure investors about their vast financial obligation...