Author: Nathan Bissitt

Tesco’s chief executive has told a court of his “surprise and shock” on learning the company’s profits had been misstated by £246m.David Lewis was told about the issue just weeks after he took up the post in September 2014.Mr Lewis has been

Read More

The pound fell after the Bank of England increased interest rates but indicated that any future rises would be “very gradual”.As had been widely expected, the Bank raised rates from 0.25% to 0.5%, with seven of the nine Monetary Policy Committee members

Read More

Media playback is unsupported on your device For the first time in more than 10 years, the Bank of England has raised interest rates. The official bank rate has been lifted from 0.25% to 0.5%, the first increase since July 2007.It is likely to rise twice more over the

Read More

A European airline intends to buy at least 31 of Bombardier’s C-Series planes, the aerospace firm has said.The unnamed airline has signed a letter of intent for 31 orders, with options for 30 more. It expects the deal to be agreed by the year’s

Read More