Business

Prime Minister Sir Keir Starmer defied calls for him to quit, despite a growing number of Labour MPs demanding that he steps aside.

She will be replaced by Ian Rumsey, the broadcaster said.

The FRC said Carillion’s former group finance director Richard Adam has been fined £222,019, reduced from £550,000 in light of Financial Conduct Authority (FCA) penalties, while his successor Zafar Khan,…

The telecoms giant notched up pre-tax profits of 1.86 billion euro (£1.61 billion) for the year to March 31.

EY’s economic outlook shows UK consumer spending growth will grind almost to a halt, at a predicted 0.3% for 2026, as inflation set to rise to 4%.

Total UK retail sales were down 3% year on year, well below the 12-month average growth of 1.8%, according to the BRC and KPMG.

The continued stalemate between the US and Iran dashed investors’ hopes of an imminent peace deal and heightened concerns over oil supply disruption.

“Where the powers in the bill are used, an independent valuer will be appointed to determine what compensation, if any, is payable, and the UK Government will, of course, abide…

Many buyers are becoming more cautious, reassessing budgets, or looking at smaller homes, a property professionals’ organisation said.

The chain, which runs 259 stores, has been shutting shops and is in the process of cutting the size of its warehouse.