Economy and business news from around the world

Economy

Brexit: Why London is betting big on India

India is critical to the UK's plans to show that it can secure post-Brexit trade deals with non-European Union countries.

Dec 7, 2017

By Karthick Arvinth

Brexit Theresa May

Nationalisation won't magically solve the problems of Britain's railways

Rail fares are going up because the government is trying to shift the burden of subsidy from the state onto the passenger.

Dec 7, 2017

By James Bloodworth

Jeremy Corbyn Theresa May

Better than money? The top ten things we look for in a new job

When it comes to finding the perfect job, new research suggests it's not all about the money.

Dec 7, 2017

By Staff Reporter

Birmingham's Bullring owner snaps up rival to create £21bn retail behemoth

Newly-formed company will own a stake in 12 of Britain's 20 supermalls and will have combined assets worth over £20bn.

Dec 6, 2017

By Dan Cancian

Britain ranks bottom on state pensions among advanced nations

Britons collect the equivalent of just 29% of what they earned at work on average when they turn 68.

Dec 6, 2017

By Karthick Arvinth

Two million Britons see their bank accounts go into the red each month

StepChange charity warns that customers are stuck in a vicious circle of borrowing and constantly struggle to repay overdraft fees.

Dec 6, 2017

By Dan Cancian

UK car industry hits the brakes as new registrations fall 11.2% in November

Confusion over the Government's policies towards diesel cars, see sales of diesel cars plunge 30.6% year-on-year.

Dec 5, 2017

By Dan Cancian

House builders say government housing targets will not be met without EU workers

Nearly a fifth of all workers in house building sites across England are from the European Union, census reveals.

Dec 5, 2017

By Karthick Arvinth

UK Housing Brexit European Union

UK railways to ‘go paperless’ soon making paper tickets null and void

UK rail fares set for biggest increase in five years in January

Rail Delivery Group admits the increase is significant but vows to invest 97% of money from fares on improving services.

Dec 5, 2017

By Dan Cancian

Black Friday fails to give expected lift to UK retailers

The BRC said retail sales rose 0.6% compared to a year earlier in November, following a 1% decline in October.

Dec 5, 2017

By Karthick Arvinth

Black Friday

How much is the FA Cup worth? The finances behind football's oldest competition

Playing away against a Premier League club could give cash-strapped Football League clubs a financial lifeline.

Dec 4, 2017

By Dan Cancian

FA Cup

Wine producer warns Britons could 'starve' without migrant fruit pickers

Frazer Thompson, chief executive of Chapel Down, says continued access to European labour after Brexit is crucial.

Dec 4, 2017

By Karthick Arvinth

Brexit European Union

UK growth to remain muted amid Brexit uncertainty and high inflation, CBI says

The business lobby group expects Britain's gross domestic product to expand 1.5% in both 2017 and 2018 before weakening slightly to 1.3% in 2019.

Dec 4, 2017

By Karthick Arvinth

Brexit Theresa May European Union

China criticises US opposition to WTO market economy status

US support the European Union in its stance in opposing giving China market status, which has angered Beijing.

Dec 1, 2017

By Associated Press

Brexit has ruined 'Brand Britain', claims Fortnum & Mason boss

Company says it has struggled to recruit the 300 seasonal staff it normally requires around Christmas.

Dec 1, 2017

By Dan Cancian

Brexit

British consumers 'resolutely gloomy' about economic outlook as confidence plummets

GfK consumer confidence index falls to -12 in November, the lowest level since immediately after Brexit vote.

Nov 30, 2017

By Dan Cancian

Brexit

EU cap on bankers' bonuses could be scrapped after Brexit

Bank of England Governor Mark Carney hints Britain could tweak the rule once it leaves the European Union.

Nov 30, 2017

By Dan Cancian

Bank of England Brexit

Robots could soon be spying on you thanks to scientists working on bot surveillance

Rise of the machines: Up to 800 million people could be out of jobs due to robots by 2030

One-fifth of current jobs in the UK are expected to be lost to robot automation in just 13 years' time.

Nov 30, 2017

By Karthick Arvinth

Rail industry welcomes government plans to reverse Beeching cuts

Railway Industry Association says reopening old routes would deliver "huge economic benefits" to the UK.

Nov 29, 2017

By Karthick Arvinth

Pound surges to two-month high amid reports of agreement over £50bn Brexit bill

Agreement over Brexit bill could unlock next phase of key negotiations with the European Union next month.

Nov 29, 2017

By Dan Cancian

Brexit

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