Business News

Home Business News
Banks are to begin immigration checks on millions of accounts as part of a Home Office scheme to create a "hostile environment" for people living in the UK unlawfully. The new scheme, which will be rolled out this month, requires...
New EU rules come into effect today which will mean customers can't be penalised with extra fees for choosing to pay by credit or debit card. But what will the Payment Services Directive mean for businesses? Why were some businesses charging...
It's being called a revolution in banking. So-called Open Banking kicks off on Saturday in what amounts to a gigantic financial experiment in which Britain is leading the world. Under the scheme, nine of the biggest lenders operating in the UK...
The pound has climbed to its highest level against the US dollar since the Brexit vote. Sterling was up by more than a cent to reach nearly $1.37 in Friday trading. It was little changed against the euro, hovering below...
One in four employees are preparing to change jobs in 2018 and not all recruitment businesses are prepared to deal with the surge in applications. A rapid, efficient response is essential to ensure that the CVs of qualified candidates aren’t...
Our Spoton.net franchisees recently completed the Smith & Henderson Franchise Satisfaction Benchmark survey – this is an independent, anonymous survey that offers franchisees the opportunity to provide honest feedback on their franchise experience. We’re pleased to say that the Spoton.net...
Carillion has put one of the big four accountancy firms on standby to oversee an administration of the construction giant in a further signal of the precarious state of its finances. Sky News has learnt that EY and PricewaterhouseCoopers were...
Could one of the oldest names in British industry be poised to break itself in two? It's looking possible. GKN, the car parts and aero-engineering group, is contemplating the radical move after rejecting a £7bn takeover approach from turnaround specialist...
Discount retailer B&M has emerged as a Christmas winner after food and other household essentials helped it grow like-for-like sales by 3.9% in the UK. Shares in the company, whose soon-to-depart chairman is former Tesco boss Sir Terry Leahy, rose...
Rigby & Peller, the company which supplied lingerie to the Queen, has lost its royal warrant following a book by its director revealing details of her work. June Kenton told a newspaper she was "very sad" about the decision, which...
New Look, the fashion retailer, is weighing a plan to close about 10% of its British stores in another sign of the tumult facing the high street. Sky News has learnt that the South African-owned chain is drawing up proposals...
The businessman at the helm of BHS when it collapsed is facing an unlimited fine after being convicted of failing to co-operate with The Pensions Regulator (TPR). Dominic Chappell, who bought the chain for £1 from Sir Philip Green a...
Theresa May has told top City executives they should "emphasise the benefits for Europe" of a Brexit trade deal that includes London's financial centre. Downing Street released a statement after the PM and Chancellor Philip Hammond held talks with senior...
The cost of a barrel of oil has topped $70 for the first time in just over three years, prompting a motoring group to say it is "fearful" of fuel price rises. The RAC signalled pump costs were likely to...
Theresa May has set out plans to get rid of avoidable plastic waste within 25 years - as she also confirmed the 5p bag charge will be extended to all shops. The Prime Minister said she wanted to "make ours...
Government officials and regulators will hold crisis talks on Friday aimed at safeguarding pensioners’ interests at Carillion, the vast construction group which is racing to avoid collapse. Sky News has learnt that senior civil servants from the Cabinet Office are...