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FTSE 250 gold miner clobbered with $190bn tax bill

Acacia Mining protests 'unexplainable' tax bill from Tanzania.

Artificial Intelligence in banking: you ain't seen nothing yet

Banks have been slow to adopt Artificial Intelligence technology, but it could transform the way we run our finances. Temenos's Todd Winship explores what it will be like to bank with a bot.

BMW confirms electric Mini to be built in Oxford, dispelling Brexit fears

New all-electric version of the three-door Mini will arrive in 2019.

The $5bn tussle: Shell and SoftBank vie for Asian renewable energy producer

Reports say oil giant and technology company among several others bidding for Equis Energy.

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Conservatives are trying to skewer Jeremy Corbyn over his student debt 'betrayal'

Labour leader denies making the pledge during the general election campaign.

EasyJet announces largest ever cabin crew intake as it creates 1,200 jobs

Budget airline continues expansion plans after launching Austria-based airline last week.

Michael Kors to buy luxury footwear maker Jimmy Choo for £896m

Jimmy Choo shares jump more than 16% on the news.

Advertising Mogadishu style: Somali artist's charming murals on over 100 shops draw customers in

Brightly coloured murals allow potential customers to see what is on offer inside shops that don't have large display windows.

UK reliance on EU veterinarians could see animal welfare standards drop after Brexit

More than 90% of British Veterinary Association members who are official vets are non-UK EU nationals.

Nasdaq to acquire surveillance specialist Sybenetix

Sybenetix combines behavioral analytics and cognitive computing with financial markets expertise.

Government to ban 'unjust' leaseholds on new-build homes

Proposal will see ground rents drastically reduced in order to prevent speculative buyers from damaging the market.

Sunshine and Wimbledon deliver biggest boost British supermarkets sales in four years

Tesco outperforms fellow 'Big Four' rivals in four weeks to 15 July, as sales at discounters soar over 15%.

Meet Ray Anderson: The man letting you pay for online shopping via your phone bill

Bango CEO Ray Anderson tells IBTimes UK paying for purchases via your phone bill is more common than you think.

Bank of England concerned by 'spiral of complacency' over consumer lending

Senior bank official says a rapid rise in household loans could pose a threat to the UK economy.

Liam Fox dismisses Brexit worries, hails 'new chapter' in UK-US trade

International Trade Secretary hits out at Brexit scaremongers as he attempts to woo Washington.

EU customs union causes rift within Labour and a Brexit headache for Jeremy Corbyn

Shadow International Trade Secretary Barry Gardiner said it would be 'disaster' if the UK stayed in it.

'Driving ticking time-bombs': faulty Takata airbags still used in refits

Australian consumer group Choice claims 14 carmakers have refitted recalled cars with faulty airbags.

UK households' financial situation deteriorates at fastest rate in three years

New research suggests monthly incomes are at their lowest reflecting an ongoing squeeze on household incomes.

Shrinkflation: The products you buy are slowly shrinking - but not getting cheaper

Brexit is not to blame.

Cyberattack continues to weigh Reckitt Benckiser down

Consumer goods giant expects muted sales growth after being caught out by NotPetya virus attack in June.

Two-thirds of UK importers forced to raise prices due to weaker sterling

A third of importers planning price increases next year.

BMW denies role in 'secret cartel' of diesel emissions cheating

German car maker rejects media claims of colluding with Audi, VW and Mercedes.

Uber rival Grab raises $2.5bn in biggest ever round of investment in South East Asia

Softbank and car-hailing firm DiDi Chuxing will invest a combined $2bn in the Malaysian company.

Jacob Rees-Mogg is second favourite to replace Theresa May despite ruling out leadership bid

Ladbrokes have told IBTimes UK that they would have to pay out £20,000 if he enters Number 10.

Quorn Foods to create 300 UK jobs amid plans to invest £150m over next five years

Popularity of meat-free diets sees UK sales rise 15% year-on-year in the first half.

Ryanair profits surge 55% but Michael O'Leary warns fares will continue to fall

Budget airline warns it could move flights away from the UK should Britain fail to reach Brexit deal with EU.

Over half of UK businesses 'lack confidence' in government on Brexit

Getting the right trading arrangements with the EU is the biggest concern for the majority of businesses.

UK Services PMI falls to 88-month low in July following the Brexit vote, Markit says

IMF downgrades UK growth forecast on 'slow start' to the year

"Weaker than expected activity" behind lowering of forecast for the British economy.

Stagnant wages could push Britain into recession within a year, economists warn

Analysts warn that if wages do not rise in line with inflation consumers' real purchasing power will decrease.

Britons shun cheap wine in favour of craft ale and luxury gin

Fall in cheap wine sales blamed on upmarket alternatives.

MasterCard to acquire 92.4% stake in VocaLink Holdings for about £700m

UK judge blocks £14bn class action suit against Mastercard

The US credit card firm argued the case was too large and disparate to be brought as a single claim.

Thousands of tourists caught up as earthquake hits Greek island of Kos

Up to 8,000 Brits on island hit by 6.7 magnitude earthquake that claimed two lives and injured up to 200 people.

Travelling to Wales will be cheaper as government plans to abolish all River Severn tolls in 2018

Tolls have been in place for 50 years and a season ticket can cost up to £396 for lorries.

Ladbrokes Coral ends seven-month row over rights to show racing in betting shops

The bookmaker has ended its spat with the rights owner allowing it to show races from such courses as Chepstow, Doncaster and Uttoxeter.

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