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Edinburgh store to close

Ashley blames ‘greedy’ landlords for Frasers closures

House of Fraser
Closing time: The store at the corner of Princes Street will shut   Sports Direct tycoon Mike Ashley has blamed “greedy landlords” for the closure of three House of FraserRead More

US media giant wins auction

Comcast outfoxes Murdoch to acquire Sky in £30bn deal

sky
Sky deal ends Murdoch’s influence   US cable giant Comcast has won the battle for Sky against Fox, seeing off Rupert Murdoch’s attempts to seize full control of the satelliteRead More

Consumer behaviour changing

BrewDog enters top brands list for first time

brewdog
BrewDog is now among Britain’s top brands   Brewer and bars group BrewDog, and the food and drink firms Just Eat, Innocent and Deliveroo are among the new entrants toRead More

PM statement on EU deadlock

Defiant May tells EU leaders to produce a Brexit plan

Theresa May No Deal statement
Theresa May: ‘we stand ready’   A defiant Theresa May urged EU leaders to treat the UK with respect and come up with an alternative to her Chequers plan forRead More

Recycling commitment

Lidl to remove black plastic packaging by end of month

Black plastic packaging
Black food packaging is not recyclable and ends up in landfill (pic: Terry Murden)   Lidl will be the first British supermarket to stop using black plastic across its entireRead More

Whisky maker hails new year

Diageo sales and profits hit by currency volatility

Diageo CEO Ivan Menezes
Ivan Menezes: year started well (pic: Terry Murden) Diageo, the maker of Guinness, Johnnie Walker whisky and Smirnoff vodka, said currency market volatiity is hurting sales and profits. It expectsRead More

Cost of living rises

Firms face £80m rates bill after inflation hits six month high

Money - own pic
Firms struggling with rising costs have reacted with alarm after the inflation rate soared unexpectedly to 2.7%. If this holds until next month, when the CPI figure is used toRead More

As Sainsbury-Asda deal referred...

Tesco launches Jack’s in battle with Aldi and Lidl

Jack's,Tesco
Tesco launched a new brand in the supermarket sector   Tesco will today unveiled the first of a chain of discount retail stores called Jack’s in the fight back againstRead More

Key report on Brexit

Immigration ‘should favour highly skilled workers from anywhere’

Immigrant
Immigrants fill many skilled jobs in Britain (pic: Terry Murden)   A business group has accused the authors of a report on immigration rules in post-Brexit Britain of giving withRead More

Revenue rises at big four firm

PwC partners enjoy profit payouts amid audit scrutiny

Lindsay Gardiner
Lindsay Gardiner: ‘strong performance’   Another of the big four accountancy firms has paid out hefty profits per partner at a time when the profession is under scrutiny over itsRead More