Business News

The International Monetary Fund (IMF) has further downgraded its global forecast for this year - warning a "no-deal" Brexit could trigger even lower growth.

The activist investor Elliott Advisors is exploring plans to acquire a big stake in Dixons Carphone following a slump in the mobile phone and electrical goods retailer's share price.

Picture China's economy and you might be thinking of massive factories, gigantic airports or train stations built from scratch in 24 hours.

Millions of EU citizens now have until June 2021 to apply for settled status in the UK, as the post-Brexit registration system opens nationwide.

Mountain Warehouse says it is on course for record annual profits after shrugging off the high street crisis to post strong sales growth over the Christmas period.

The Sports Direct tycoon Mike Ashley is in talks to snap up another chunk of Britain's struggling high streets by tabling a bid to rescue HMV from administration.

Environmental campaigners have accused Poundland of creating unnecessary plastic waste by selling a Valentine's Day gift consisting of a heart-shaped package with nothing in it.

Flybe's biggest shareholder has launched a stunning attack on its directors, accusing them of breaching their duties to investors and threatening a legal challenge to the cut-price takeover of one of Britain's best-known airlines.

Europe's biggest low-cost carrier Ryanair has cut its full-year profit forecast as it expects winter fares to fall amid increased competition.

Two stories from the banking sector this week highlight the difference between how business is done in the United States and Europe.