Telegraph Business Shares in Government contractor Capita plunged 30pc in early trade after it warned on profits and announced plans to raise £700m from shareholders, sell off divisions and scrap its dividend. The move comes after the dramatic collapse of […]

Virgin Media has abandoned plans to launch a cheaper service amid intense competition in the broadband market. It is understood that the cable operator had planned to mount a direct challenge to TalkTalk and BT’s Plusnet value brand from spring. […]

Telegraph Business Pharmaceutical stocks were caught in Donald Trump’s policy scattergun yesterday after the US president promised to tackle high drug prices in his State of the Union address. Pharma companies came out one of the few losers from an […]

The energy regulator has promised MPs it will toughen up on the returns energy network companies can make from the multi-billion pound investments in the gas and power grids after a group of MPs attacked their “obscene profits”. The 30-strong […]

British car manufacturers could be unable to use a post-Brexit trade deal with the US because the industry is utterly integrated with EU suppliers – and US deals often insist that most of a car’s parts are made domestically. That […]

Telegraph Business Britain’s forces cannot afford to buy and maintain the weapons and ships it needs, with spending plans labelled “unrealistic” by the national spending watchdog in a scathing report. The National Audit Office (NAO) has warned that the Ministry […]

The UK is winning the race to clean up the energy system by taking a lead on rolling out renewable energy projects and cutting coal-fired power faster than its EU peers. A fresh report, to be published in Brussels today, […]

Detained for nearly three months, Saudi billionaire Prince Alwaleed bin Talal was released on Saturday Prince Alwaleed, dubbed the Warren Buffett of Saudi Arabia, was the most high-profile detainee among 350 suspects rounded up since November 4. Mon 29 Jan […]

The world’s first ‘MasterChef the TV Experience’ restaurant is set to open in Dubai. Based on Endemol Shine Group’s hugely popular international TV series, the restaurant will showcase the talents and recipes of MasterChef series contestants from many of the […]

Bruno Mars, who has revived retro funk and R&B for a new generation, on Sunday completed a surprise sweep of the Grammys as the music world chose his party anthems in tumultuous times. The industry seized on its annual gala […]