Thousands of firms are to be refused business rates discounts claimed due to the pandemic in what has been described as a “catastrophic blow”. The...
Business
Cineworld has reported worse than expected annual losses of just over $3bn (£2.2bn) and revealed a new funding round to help it navigate future...
The John Lewis Partnership has revealed plans to close a further eight stores, leaving 1,465 jobs under threat. The company, which includes the Waitrose...
The rate of inflation has taken an unexpected plunge on the back of a coronavirus crisis-driven fall in fashion costs – the deepest since 2009. The...
Second home owners face a clampdown over a tax loophole that can save them money by claiming the properties are available for holiday lets. Currently 60,000...
The number of people in payrolled employment has risen for a third consecutive month despite further lockdown misery for the economy, according to official...
Travel shares have dropped sharply on growing fears of another lost summer for foreign holidays. British Airways owner International Airlines Group (IAG) was...
Deliveroo has revealed that its looming flotation in London will value the company at up to £8.8bn. The food delivery app said on Monday that it had set a...
A software company that helps financial institutions monitor employees’ electronic communications will this week unveil a $25m (£18m) investment...
Elon Musk has said his company would be shut down if its cars were used for the purposes of spying. The Tesla chief executive was responding to news that...
The maker of Fortnite and Houseparty, two of the pandemic’s biggest technology smash hits, is closing in on another large injection of funding that will...
UK pubs face a “bleak future” as they mark a year since being forced to close due to the first coronavirus lockdown. Dave Mountford, a publican and...
British Airways and the newspaper group behind the Daily Mirror have become the latest big companies to signal a major switch to working from home. BA said it...
The government has sold a £1.1bn chunk of NatWest taking its holding in the state-backed bank to less than 60%. NatWest, then known as Royal Bank of...
The chief executive of Asda is preparing to step down weeks after it completed a £6.8bn takeover deal, paving the way for new leadership to be installed...
The US central bank has raised expectations of a faster recovery from the coronavirus crisis, signalling it will allow the economy to run hot to drive a...