Finance

Talks of the potential merger have been ongoing since December 2023

Predictions for when Bank of England will start lowering cost of borrowing pushed back

BIL is owned by Daresbury’s PHD Industrial Holdings group

The group, which also owns chains including Peach Pubs and Revolucion de Cuba, said it has been hit by cost-of-living pressures and regular train strikes affecting its younger customer base.

Aggressive government intervention could create expensive mistakes and prompt subsidy battle

Stonegate Pub Company, which has a network of more than 4,400 UK pubs and bars including Slug & Lettuce, has said there is a risk that its debt cannot be refinanced by its July 2025 deadline

Gold is famously seen as a ’safe haven’ for investors

See the full list of shops closing below

Plus two high street giants are cutting down their number of stores

Hopes of a last-minute resolution have been dashed.

Labour has warned that many communities have been turned into ’banking deserts’ as branches disappear from high streets without there being any alternatives nearby

British manufacturers reported their first overall growth in activity in 20 months in March thanks to recovering demand in their home market, according to a survey that added to signs that last year’s shallow recession has ended.

We’ve explained what it means for you

It is now likely that the Government will have to step in for the water firm via a special administration

British media group The Independent will take control of BuzzFeed’s (BZFD.O), opens new tab editorial and commercial operations in the UK and Ireland in a multi-year licensing deal, the companies announced on Thursday.

A major attack on a European financial services payments system could lead to losses of £762billion, according to Lloyds of London

Reports suggest another 11,000 staff could go in the next five years

The two mobile firms have argued the deal will allow them to increase investment and better compete with major rivals, EE operator BT and Virgin Media-O2

Half of its 76 branches will also be shut on Saturdays as it looks to save £50million

Greggs customers across the country have shared their frustration this morning because their local shop was forced to close following an IT glitch

The company has already upgraded its profit outlook five times over the past year as it has outperformed rivals amid a challenging economic backdrop

The Chinese online retailing giant said it did not intend on making an offer to buy the retailer

The Bank of England's Monetary Policy Committee will meet during the week to see if the economy is showing signs that it's time to start cutting rates

Features writer Layla Nicholson hit the jackpot after grabbing one of the last mystery bags left from the Holiday Inn. It's safe to say she got her money's worth - and then some

Nissan and Honda have announced they will work together in developing electric vehicles and auto intelligence technology, sectors where Japanese automakers have fallen behind