Category: News Wire

Royal Bank of Scotland has settled a legal case brought by businessman who claimed the lender had sold him Libor-linked hedging products while simultaneously attempting to rig the benchmark rate.

London’s Borough Market is introducing free drinking water fountains today, as part of its mission to reduce plastic waste.

Growing uncertainty about an ‘open skies’ deal between the UK and European Union countries ahead of Brexit risks triggering a catastrophic slump in British air travel, according to the country’s biggest airports.

German chain is fastest-growing grocer and reaches 5.2 per cent market share as ‘big four’ supermarkets increase sales but lose share.

Job opportunities are diminishing, with employers’ plans to hire falling to their lowest level in a year as the economic outlook darkens.

Identity theft is reaching “epidemic levels”, according to a fraud prevention group, with victims commonly aged in their 30s.

Johnson & Johnson (J&J) has been ordered to pay a woman $417m (£323m) in the latest cancer compensation case relating to its talc-based products.

Company joins other manufacturers, including Vauxhall and BMW, in seeking to get dirtier vehicles off UK roads.

British families are putting aside more money than was previously thought, indicating that the savings crisis may not be as acute as feared.

Business groups have called on the UK and EU to accelerate talks on a transitional arrangement, as industry chiefs gave a cautious welcome to the government’s latest Brexit position papers.

The Co-operative Group will be left with only a tiny stake in the Co-op Bank after shareholders approved a £700m rescue package on Monday.

The chief executives of the UK’s biggest businesses have seen their pay fall by an average of almost 20 per cent over the past year, according to a preview of Deloitte’s annual FTSE 100 executive remuneration report.

The weakness in the value of sterling has helped to boost the number of tourists visiting the UK, with official figures showing that foreign visits to Britain increased to 3.5 million in June.

Government to crack down on scammers who persuade savers to transfer money from pension accounts into fake schemes.

Pressure was mounting on telecoms regulators last night to organise a quick auction of rights to the airwaves, as fears grew that a court clash between mobile operators will delay investments in better networks.