Business

London is getting 10 new and improved M&S stores this year

BP said it will be reorganised into two business divisions – upstream and downstream – from the start of July.

The high street chain said it has been buoyed by new openings, with the group expanding into more transport hubs and roadside locations.

The acquisition is thought to be GSK’s biggest deal in more than a decade.

The FTSE 100 closed up 5.15 points at 10,373.20.

The consultation document said: “We believe that interest-only and part interest-only/part repayment lending could support some FTBs (first-time buyers) in getting on the property ladder, however the changes we are…

Chief executive Dame Debbie Crosbie took home a total package of £4.67 million for the latest financial year.

It comes after the financial regulator provisionally fined Mr Woodford and banned him as a fund manager last year.

Rachel Springall, a finance expert at Moneyfacts, said: “Thankfully, the volatility surrounding swap rates (which are used by lenders to price mortgages) has eased somewhat and the average shelf-life of…

Aviva said it is seeing a growing number of claims supported by AI‑generated images and manipulated documents, particularly in motor insurance.