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Category: Business News

UK economic growth hits six-month low

Image copyright PA Growth in the UK’s economy slowed in the three months to November, expanding at its weakest pace in six months. The economy grew by 0.3% during...

Plan to free ‘mortgage prisoners’ revealed by FCA

Image copyright Getty Images The City regulator is planning a change of rules that could lower the housing costs of thousands of so-called “mortgage...

M&S and Debenhams report falling Christmas sales

Image copyright Getty Images Debenhams has reported a sharp fall in sales during the crucial Christmas trading period. Debenhams said customers had been seeking...

Ford to cut thousands of jobs in turnaround plan

Image copyright Getty Images Carmaker Ford has announced plans for a major shake-up of its operations in the UK and mainland Europe. It is expected to lead to thousands...

China car sales fall for the first time in 20 years

Image copyright Getty Images Image caption Car sales are down in China for the first time in two decades Car sales in China, the world’s biggest vehicle market,...

US jewellery firm Stella & Dot ‘to exit European market’

Image copyright Getty Images Image caption The firm was founded by Jessica Herrin in 2003 San Francisco-based jewellery firm Stella Dot appears to be exiting the...

Sainsbury’s sees retail sales fall 1.1% over Christmas

Image copyright Sainsbury’s Sainsbury’s has seen sales fall over Christmas after non-food trading was hit by consumer caution. Like-for-like retail sales,...

Carlos Ghosn likely to spend six more months in jail, says lawyer

Image copyright AFP Image caption Carlos Ghosn’s court appearance has been headline news in Japan, including on public TV screens Former Nissan chairman Carlos...

Amazon becomes world’s most valuable public company

Image copyright Getty Images Image caption Amazon’s Jeff Bezos is the world’s richest man Amazon, formed 25 years ago, has eclipsed Microsoft to become the...

Morrisons sales rise but discounters rule Christmas

Image copyright Getty Images Morrisons reported a rise in sales in the Christmas shopping period, while the market share of discounters Aldi and Lidl reached its...