Author: Nathan Bissitt

Shares in Primark’s parent company soared on opening after it raised its full-year outlook, citing a surge in sales and profitability at the fashion chain. Associated British Foods (ABF) said group revenue was 10% ahead of the same period last year on a

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Shares in the household goods firm Reckitt Benckiser (RB) have fallen after it admitted the effects of last month’s major cyberattack would result in a loss of sales. The FTSE 100 company, which has the Nurofen, Dettol and Durex brands in its stable, said the

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Britain has been warned the prospect of “frictionless trade” with the European Union post-Brexit is “not possible”. In a stark rejection of Theresa May’s negotiating position, the EU’s chief Brexit negotiator Michel Barnier said it

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Bovis Homes has raised, by £3.5m, its provision for rectifying build quality issues as it battles to restore its reputation. The housebuilder, which is undergoing a turnaround plan under a new chief executive, announced in February that it was slowing the pace of its

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The board of Britain’s biggest payments processor is close to backing an £8.5bn takeover from Vantiv, a US rival. Sky News has learnt that Worldpay Group, which disclosed on Tuesday that it had received approaches from Vantiv and JP Morgan Chase, could announce

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The chief executive of Lloyds Banking Group will unveil a shake-up of his top team on Wednesday, offering a potential clue to the identity of his eventual successor. Sky News has learnt that the UK’s biggest high street lender will announce later that Andrew

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The UK economy is “losing momentum”, according to a closely-watched survey of businesses which found growing uncertainty since Theresa May’s election gamble backfired. The Markit/CIPS purchasing managers’ index (PMI) for the service sector

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On 5 July 2007 the Bank of England raised interest rates to 5.75%. It marked the final time the Bank rate was to be lifted – the benchmark plunging ever since to its current record low of 0.25% – a consequence of the financial crisis and then the Brexit

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