Tesco was right to cut its dividend - now for the real revolution

Tesco needs to cut its final dividend, boosting its war chest to £1.3bn for the current financial year

Posted by on 29 August 2014 | 2:53 pm

US taxes are far too high - no wonder companies are fleeing

The fact is, America has the highest corporate tax rate in the developed world

Posted by on 29 August 2014 | 2:36 pm

Salmond attacked as North Sea oil revenue plummets

Danny Alexander, chief secretary to the Treasury, launches withering attack on leader of SNP for overstating ecoonomic forecasts as oil income slumps

Posted by on 29 August 2014 | 2:14 pm

Market report: Astra rises on Pfizer bid talk

Traders are betting that Pfizer will renew its interest in the FTSE 100 company

Posted by on 29 August 2014 | 2:13 pm

Boris Johnson 'will not surrender' over Estuary airport

London's Mayor has insisted a new hub airport to the east of London remains the "only credible option" despite mounting speculation that it could be dismissed by the Davies Commission as early as next week

Posted by on 29 August 2014 | 12:28 pm

Tesco's new chief executive handed £700m war chest

Tesco hands new boss Dave Lewis £700m to fight back after profits warning prompts cut in dividend and capital expenditure

Posted by on 29 August 2014 | 12:25 pm

Aldi to recruit 700 new managers

Discount retailer Aldi on hunt for more staff as it continues UK expansion programme

Posted by on 29 August 2014 | 11:51 am

Could Mr Darcy afford a stately home today?

We calculate the modern-day fortunes of Jane Austen's fictional heroes

Posted by on 29 August 2014 | 9:51 am

Bwin.Party to cut more costs as losses widen

Online gambling firm's revenues drop, dragged down by a 31pc fall in poker income

Posted by on 29 August 2014 | 9:17 am

Water bills to fall by average of £20 - but not if you're a Londoner

Water and sewerage bills for consumers across England and Wales to fall by 5 per cent in real terms by 2019-20 under Ofwat plans

Posted by on 29 August 2014 | 7:53 am

Tesco lowers full-year profit forecast

Bloomberg's Manus Cranny reports on the UK's biggest grocer issuing a profit warning

Posted by on 29 August 2014 | 6:19 am

Heathrow begs Boris Johnson for support

Heathrow Airport's chief executive, John Holland-Kaye, has sent an open letter to Boris Johnson asking for his support if the Airports Commission rules out a Thames Estuary hub next week as expected

Posted by on 29 August 2014 | 6:00 am

Bonuses head back to pre-crisis levels

Bonuses in finance and insurance average £13,300 but just a fraction of that in other industries

Posted by on 29 August 2014 | 5:52 am

AstraZeneca shares rise on takeover and drug hopes

Shares in the Anglo-Swedish group topped the FTSE 100 after a report spurred speculation a deal with Pfizer could still be reached

Posted by on 29 August 2014 | 5:28 am

Russia says 'high risk' to gas deliveries to Europe this winter

Russia's energy minister says Ukraine might siphon off supplies intended for the rest of Europe as tensions escalate

Posted by on 29 August 2014 | 4:28 am

Banknote printer De La Rue appoints BAE's Sutherland as boss

De La Rue, which prints currency for the Bank of England, announces BAE cyber boss Martin Sutherland as new chief executive

Posted by on 29 August 2014 | 4:19 am

Eurozone in crisis as inflation slips to five year low

Analysts have likened Mario Draghi, president of the European Central Bank, to "Nero fiddling while Rome burns", as the euro area moves closer to deflation

Posted by on 29 August 2014 | 4:13 am

Tesco profits warning - it's going to get worse before it gets better

Tesco has slashed its dividend by 75pc, but analyst calls for "wholesale changes" mean there could be worse to follow

Posted by on 29 August 2014 | 4:11 am

Want to live close to a station? That'll be an extra £42,000

Buyers in London, Manchester and Glasgow pay tens of thousands more to live nearer public transport

Posted by on 29 August 2014 | 3:28 am

Markets bounce as Obama and Putin take heat out of Ukraine tensions for now

Investors returns to shares after US rules out military intervention in UIkraine but flight to bonds continues

Posted by on 29 August 2014 | 3:14 am

House price outlook 'highly uncertain', warns Nationwide

Britain's biggest building society sounds warning as mortgages drop 20pc and sales enquiries fall away

Posted by on 29 August 2014 | 2:41 am

Profits half at scandal-hit oil company Afren

Company cuts production forecast after suspending work in Kurdistan because of Islamic State conflict

Posted by on 29 August 2014 | 2:38 am

Malaysia Airlines to axe 6,000 staff

Flagship carrier says financial results will worsen in the rest of this year after two tragedies hit bookings

Posted by on 29 August 2014 | 2:22 am

Markets take fright as Russian tanks roll into Ukraine

Investors dumps stocks as world leaders raise prospect of more sanctions on Russia over its military incursion into Ukraine

Posted by on 29 August 2014 | 2:21 am

FTSE 100 beware: Five most important investment charts explained

Stock markets are at record highs, interest rates are at record lows, John Ficenec explains

Posted by on 29 August 2014 | 2:15 am