Administrators have announced 452 job losses at steel firm Caparo with immediate effect.
The company went into partial administration earlier this month.
On Friday, administrators PricewaterhouseCoopers announced the redundancies.
Following a detailed review of Caparo, it is with regret we now announce 452 redundancies with immediate effect
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Around 48 million iPhones were sold by Apple in the last three months, helping the company post a profit of $11.1 billion (£7.2bn), its latest financial results reveal.
Although sales were slightly lower than expected, the tech giant saw revenue shoot up from $42.1bn (£27.5bn) this time last year to $51.1bn (£33.3bn).
Sales figures include early purchases of the iPhone 6s and 6s Plus, which went on sale in September, but not of the Apple Watch.
Chief executive Tim Cook labelled it "Apple's most successful year ever", with annual revenue climbing 28 per cent to nearly $234bn (£153bn).
This continued success is the result of our commitment to making the best, most innovative products on earth, and it's a testament to the tremendous execution by our teams.
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Steelworkers facing a bleak future will travel to Parliament tomorrow in a bid to save what's left of their industry.
Dozens of workers will hold a banner outside Westminster asking ministers to "Save our Steel".
Thousands of jobs have been cut in recent weeks and unions are warning more could go soon if action isn't taken quickly.
ITV News Correspondent Damon Green reports:
The steel industry is like a patient on an operating table and is "likely to die" without urgent help, the Government has been told.
Gareth Stace, director of trade body UK Steel, issued the stark warning to a committee of MPs.
He said that a fifth of the sector's UK workforce had lost their jobs or were facing redundancy following the recent wave of cuts.
If we were a patient on an operating table, we are bleeding very quickly. And we are likely to die on that table.
The UK economy grew by 0.5% in the third quarter of 2015, down from 0.7% in the second, the Office for National Statistics said.
Budget supermarket Aldi will increase staff wages to above the National Living Wage from next February, bosses have announced.
From then, workers will be paid a minimum of £8.40, and those in London will get £9.45 an hour.
Employees in the Republic of Ireland will also get a raise, up to €11.50.
Aldi said it would not need to raise prices to pay for the move, as it already pays all store assistants at least £8.15 an hour and a country-wide average of more than £9.
The success of Aldi in the UK and Ireland has been driven by the commitment, hard work and ambition of our employees and we will continue to maintain our leading position on pay.
It is the latest in a string of pay rises for supermarket staff across the country.
Morrisons recently said it would increase wages from £6.83 an hour to £8.20, while Lidl announced similar changes.
It puts the supermarket salaries above the National Living Wage announced by Chancellor George Osborne in his summer budget, which will see all workers aged 25 and up paid at least £7.20 from next April, rising to £9 in 2020.