Category: News Wire

Toy giant Toys R Us has filed for bankruptcy protection in the United States and Canada as the retailer struggles under its heavy debt load and a shift towards online shopping.

Men in the UK would like to have more options for working flexibly, a report has found.

Chief executive Michael O’Leary has apologised to Ryanair passengers and has admitted it will cause huge inconvenience.

Bank of England governor says labour shortages could also raise wages in short term, but Brexit would have only modest impact on prices.

Supermarket boss David Potts hailed a “new Morrisons” on Thursday after the Bradford-based grocer delivered a 40 per cent jump in profits and its seventh consecutive quarter of sales growth.

The Bank of England has kept interest rates on hold – but warned a rise is “likely” in the “coming months” if inflation continues to surge.

Google systematically pays women less than men doing similar work, according to a class action-lawsuit accusing the technology company of denying promotions and career opportunities to qualified women who are “segregated” into lower-paying jobs.

Small businesses in the UK are increasingly looking towards Hong Kong and China for growth with Brexit on a horizon, a new study today suggests.

Unions representing nurses and other NHS staff have written to the chancellor to demand a 3.9 per cent pay rise and an extra £800 to make up for the “cut” they have seen in recent years.

The new £10 note featuring novelist Jane Austen has entered circulation – marking a return of a woman in addition to the Queen on Bank of England notes. The launch comes after a four-month period when women, apart from the Queen, have not been represented on the Bank’s notes, reports The BBC. The last was […]

The UK’s unemployment rate has fallen to its lowest level since 1975, according to official figures which also show a tightening squeeze on household budgets.

Sir Charlie Mayfield says Brexit is making an impact on the economy and calls for ‘serious parliamentary debate’ John Lewis has warned that rising prices and weaker consumer demand prompted by Brexit will continue to hit the business in the remainder of the year, as it revealed profits had more than halved in the first […]

The Government is stepping up pressure on Silicon Valley giants to take responsibility for unlawful material online and share the spoils of the internet with media companies. The digital minister Matt Hancock told a gathering of technology lobbyists that the likes of Google and Facebook must intervene to help preserve freedom and liberal values. The […]

Wage rises are still lagging well below the rate of inflation as households continue to feel the impact of the post-Brexit vote slump in sterling.

Sir John Vickers, who scrutinised banking regulation after the crisis, has warned reform is still unfinished.