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BUSINESS

Eurozone deficit down at lowest level since early 2008

The level of government borrowing in the 19-country eurozone has fallen to its lowest level since early 2008. Following years of often strict budget...

US stocks rally as investors welcome French presidential vote

US stocks joined a worldwide surge higher on Monday after the first round of France's presidential election raised expectations that the European Union will...

Phil Hogan: Britain facing ‘bloodbath’ over potential UK-US trade deal

Britain is facing into a "bloodbath" over a proposed trade deal with the US, an EU commissioner has warned. Phil Hogan, agriculture and rural development...

Sports direct buys two US chains in £78m debt

Mike Ashley's Sports Direct has seized control of US retailers Bob's Stores and Eastern Mountain Sports in a 101 million US dollars (£78 million)...

Sky points to Premier League costs as operating profit down 11% to £1.01bn

Sky has said rising costs from screening Premier League football and a "weaker UK advertising market" has dragged on its profits. The broadcaster saw an...

Hundreds of jobs in danger as Debenhams boss announces warehouse and UK store closures

The new boss of department store chain Debenhams has unveiled plans to close 11 warehouses and put up to 10 stores under review, in...

US ready to strike free trade deal with Britain, says Paul Ryan

Paul Ryan, a senior member of Donald Trump's Republican party, told a central London audience that US lawmakers are committed to working with the...

Sterling hovers near six-month highs after election news

The pound lost steam but continued to hover near six-month highs as investors took an optimistic view of Prime Minister Theresa May's plans for...

Facebook ‘has a lot of work to do’ admits Mark Zuckerberg in wake of Cleveland shooting

Facebook boss Mark Zuckerberg has said the social network “has a lot of work to do” in order to prevent repeats of the Cleveland...

British business urges politicians to not take eye off economy

Britain’s business groups were as surprised as anyone over Theresa May’s announcement of a snap general election on June 8 and urged the Government...

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