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BUSINESS

OBR warns no-deal Brexit could lead to recession

Crashing out of the EU without a deal could push the UK’s economy into recession and increase borrowing by £30 billion (€33bn) a year,...

Philip Green’s Arcadia faces legal battle over restructuring

Philip Green’s Arcadia group is facing a court battle over its plans to reduce rents through a restructuring process. Landlords and creditors had previously voted...

Face of new £50 banknote to be unveiled

The face of the new £50 banknote, which will be someone who has contributed to the world of science, will be unveiled by the...

M&S boss quits following ‘troubled year’

Jill McDonald's immediate departure means day-to-day running of the key division will be taken over by M&S chief executive Steve Rowe - a post...

Alleged Westminster attacker ‘got lost in London’ and ‘panicked’, court told

An alleged terrorist accused of trying to kill police officers and cyclists outside the UK Houses of Parliament has told jurors he “panicked” after...

France approves tax on internet giants despite US threats

France has adopted a pioneering tax on internet giants like Google, Amazon and Facebook despite US threats of new tariffs on French imports if...

BBC boss warns of ‘biggest assault on truth’ since 1930s

BBC director-general Tony Hall has said the world is in the grip of the biggest attack on truth since the 1930s. The broadcasting boss has...

Germany denies backing Mark Carney as next head of IMF

The German government said it has not decided who it wants to succeed Christine Lagarde as the next head of the International Monetary Fund...

Richard Branson’s Virgin Galactic to become first public space company

Richard Branson’s Virgin Galactic is to become the first publicly traded company for human space travel after it announced a merger with a major...

Ford chief issues new warning of no-deal Brexit ‘catastrophe’

The head of Ford of Europe has issued a fresh warning that a no-deal Brexit would be a “catastrophe” for the motor industry. Chairman Steven...

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