BUSINESS

Bailey will pursue new projects but admits decision to leave the retailer after 17 years was a "difficult one".

Government unveils plans to fix the maximum bet on FOBTs between £2 and £50, down from the current £100.

Irish airline cancelled 20,000 flights between September and March 2018, affecting 700,000 passengers.

Banks have previously warned thousands of jobs could be lost but London would remain Europe's largest finance hub.

Enterprise software firm R3 and 22 of its member banks have developed a solution that leverages distributed ledger technology.

Oil and gas giant posts underlying replacement cost profit of $1.87bn in the third quarter, compared to a profit of $933m in the same period of 2016.

Structural overcapacity and rising imports from countries not subject to EU anti-dumping tariffs, like South Korea, Turkey and India, remain constraining factors.

Surge led by strong sales of autos and other durable goods, according to official data.

The charity world not only turns on outsiders who dare probe their effectiveness, but also insiders who don't play by their safe rules.

Stefan Dab is global leader of payments and transaction banking, and Maarten Peeters global segment manager for transaction banking,at Boston Consulting Group (BCG).

Air Berlin filed for insolvency in August and has already agreed to sell some of its assets to Lufthansa.

Steve Morgan, MD of UK & Europe for Intelenet Global Services, discusses the future of banking as 2018 approaches.

HSBC posts pre-tax profits of $4.62bn in the third quarter, reaping dividends of restructuring programme.

New report says recent double-digit annual growth rate in lending would be unsustainable if it continued at the same pace.

Senior executives polled by ratings agency in positive frame of mind over capital expenditure expectations.

The central bank's announcement – that it will extend asset purchase programme until next year – does not signal indefinite extension, says ratings agency.

Think tank says chancellor is stuck "between a rock and a hard place" as he prepares to unveil his first budget since the general election.

In its heyday, the Trading Hall hosted over 1,000 traders but the number has drastically dropped as markets shifted to electronic trading.

Ex-employee tells IBTimes UK that senior managers at Japan's industrial giant were too scared or proud to admit failures that have now amplified into a colossal scandal.

Competition and Markets Authority says it is concerned about the clarity, accuracy and presentation of information of hotel search sites.

Airline giant benefits from falling fuel costs and lifts interim dividend by 13% to 12.5 euro cents per share.

Charges relate to RBS attempting to increase its profits by misrepresenting prices and commissions in trades of mortgage-backed securities.

Attributable profit came in at £392m for the third quarter, compared to a loss of £469m in the same period a year ago.

KyberNetwork will integrate with Catalyst as a data provider and as an exchange service.

The approved drive-thru will be the first in the state which last year rejected a proposal to legalise recreational use of the drug.

Old to new: Ken Tregidgo, deputy CEO, Calastone talks about making the move from analogue to digital distribution.

A Spanish worker at a branch of German retailer Lidl has brought them to court after they sacked him for working too many hours.

ECB President Mario Draghi highlights the QE programme will not suddenly end, despite planned slowdown.

International Organisation of Vine and Wines claims that extreme weather conditions are responsible for a decrease in production across Europe.