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BUSINESS

Lloyds to axe more than 6,000 jobs in digital push as it makes €2bn profit in three months

Lloyds Banking Group has confirmed it is to axe 6,240 jobs as part of a digital overhaul. The British high-street lender said that as...

Apple slip sees Wall Street end good week with a dip

US stocks slipped as Apple absorbed its worst loss in more than four years. Thanks to gains over the previous three days, the S&P 500...

Apple sees revenue and profits rise but iPhone sales stall

Apple has reported an increase in revenue and profit in its latest financial results despite iPhone sales stalling. The technology giant’s revenue for the...

US charges ex Goldman bankers and Malaysian financier over money laundering scheme

A fugitive Malaysian financier has been charged by US officials over a money laundering and bribery scheme that took billions of dollars from a...

Bank governor warns interest rates could rise in worst-case Brexit scenario

Bank of England governor Mark Carney has warned interest rates could rise in the event of a no-deal Brexit if a cliff-edge withdrawal sends...

Santander sees profits fall amid Brexit uncertainty

High street banking giant Santander has seen UK profits tumble 15% as the group cautioned over stiff competition and Brexit uncertainty. The Spanish-owned lender reported...

17-week diesel price rise streak longest for two years in UK

Diesel car drivers have been hit by the longest streak of weekly fuel price rises in more than two years. The average cost of a...

EasyJet ‘moving fast’ in developing electric planes

EasyJet is “moving fast” in developing electric planes it can fly on short-haul routes, the airline’s boss has said. Chief executive Johan Lundgren claimed...

UK Budget spending will be fully funded regardless of Brexit outcome, says No 10

All spending announcements in Philip Hammond’s Budget will be fully funded, regardless of whether the UK secures a Brexit deal, Downing Street has pledged....

Chris Grayling admits talks on UK-EU post-Brexit flights have not begun

British Transport Secretary Chris Grayling has insisted that flights between the UK and EU will not be grounded after Brexit despite admitting that talks...

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