A sharp rise in the price of package holidays and computer games helped drive up the cost of living as inflation hit a near-four-year high.Read the full story ›
A planned four-day strike from Friday by British Airways cabin crew has been suspended to allow fresh talks to be held, union sources said.Read the full story ›
Airline boss Willie Walsh says the IT crash that left passengers stranded may have been caused by an engineer's "mistake".Read the full story ›
The bank has reportedly upped its settlement offer as it attempts to stave off a costly legal battle.Read the full story ›
Home ownership for young families has halved in many areas of the UK since the 1990s. A lead researcher explains why the trend matters.Read the full story ›
The online retailer's share price has grown 5,216% in the two decades since it became a publicly trading companyRead the full story ›
Lloyds Banking Group has been fully returned to private hands nearly nine years after being bailed out during the financial crisis.Read the full story ›
Lloyds Banking Group has been fully returned to private hands, sources have said.Read the full story ›
Telecoms giant BT is to axe 4,000 jobs worldwide as part of a global restructuring.
BT made the announcement, which will affect "back office and managerial roles", as it revealed fourth quarter results, which saw pre-tax profit fall 19% to £440 million.
It follows an accounting scandal at the telecoms giant's Italian division, which has resulted in BT boss Gavin Patterson being stripped of his annual bonus.
The firm said Mr Patterson will receive a total pay packet of £1.3m for 2016/17, down from £5.3m the previous year.
He claims in a letter to Lloyds Banking Group that he lost tens of millions of pounds and suffered ‘deep distress and public humiliation’.Read the full story ›