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 ›
When Ed Miliband suggested an energy cap the Conservatives panned it, calling it dangerous and from a Marxist universe. So why change now?Read the full story ›
Metals group Liberty House is to create 300 jobs and make multi-million pound investments to secure the future of five steel plants in the UK.
It comes as the company formally completed the £100m deal to acquire the Speciality Steels division of Tata Steel UK; protecting the jobs of 1,700 existing staff at several sites across Britain.
The company announced expansion plans expected to generate an additional 300 production jobs in the business.
The positive results come after Chancellor Philip Hammond admitted the government is prepared to sell its stake at a loss to the taxpayer.Read the full story ›