News

Pound dips as Mark Carney throws doubt on interest rate rise

Auto update 9:08AM China stocks fall on trade fears, as FTSE 100 rises on weak pound China stocks fell on Friday to have their worst week in a month, amid concerns over the simmering trade tensions between China and the […]

Barclays boss Jes Staley fined by City watchdogs over whistleblowing scandal

Barclays boss Jes Staley will be fined by City watchdogs and have his pay docked after he attempted to uncover the identity of a whistleblower. The American banker will stay in his job after being cleared of acting without integrity, […]

Moya Greene to retire as Royal Mail boss

Telegraph Business Royal Mail boss Moya Greene is to stand down later this year after eight years in charge of the company that saw her steer it through a controversial privatisation and settle a long-running pensions dispute with workers. The […]

US sorghum armada U-turns at sea after China’s latest tariff salvo in brewing trade war

Several ships carrying cargoes of sorghum from the United States to China have changed course since Beijing slapped hefty anti-dumping deposits on US imports of the grain, trade sources and a Reuters analysis of export and shipping data showed. Sorghum […]

Market report: Publicis’s strength aids WPP recovery

Telegraph Business WPP shares clawed back lost ground after rival Publicis’s strong trading lifted hopes of a turnaround at the leaderless advertising giant as the market buzzed with gossip over boss Sir Martin Sorrell’s acrimonious exit and the firm’s future. […]

City watchdog turns eye to WPP over Sorrell probe

Telegraph Business The City watchdog has confirmed that it has been in touch with WPP to make sure that it didn’t breach any inside information rules during an investigation into its founder Sir Martin Sorrell. The Financial Conduct Authority (FCA) […]

Compare The Market throws restaurant sector a bone with cut-price meals incentive

Telegraph Business Comparison giant Compare The Market is set to plough millions of pounds into a dining out scheme entitling its customers to cut-price meals at thousands of restaurants. The website, whose meerkat mascot Aleksandr Orlov is popular in the […]

Carney: We might not hike rates next month

Telegraph Business Interest rates might not rise next month after all, Mark Carney has said, surprising investors who were almost certain of a hike to 0.75pc. The Governor of the Bank of England said that rates are on the way […]

Battlelines drawn on Fox-Sky deal as competition watchdog nears end of review

Telegraph Business Influential politicians and industry heavyweights have weighed back into the debate on whether 21st Century Fox should be given the green light for its Sky takeover, pulling the competition watchdog in opposite directions ahead of its expected recommendation […]

House of Fraser appoints advisers as it weighs potential store closures

Telegraph Business Embattled department store chain House of Fraser could be lining up store closures after hiring advisers to speed up its restructuring drive. The group has recruited accountancy giant KPMG as it looks to drive down costs and shore […]