Harvey Nichols’ Birmingham store to close in January
Closure will cost at least 60 jobs, while Leeds and Bristol outlets to be converted to Flannels brand
Policy & regulation
Federal Reserve Board announces enforcement action against American Express Company to address, among other things, the firm’s failure to sufficiently detect and report certain suspicious activity related to money laundering
The Federal Reserve Board on Thursday announced an enforcement action against American Express Company to address, among other things, the firm's failure to sufficiently detect and report certain suspicious activity rel…
Strong compliance functions support trusted corporate finance markets
Corporate finance firms help businesses raise funding and implement strategic transactions, supporting investment and growth.
Asos says customers’ names, contact details and search histories hacked
Asos hackers gained access to millions of customers’ recent search histories as well as names, addresses and phone numbers, the online fashion retailer has revealed.
Wrexham and Rochdale train services rejected over west coast line pressure
Regulator also vetoes extra Blackpool service, saying insufficient space for new direct trains to LondonBusiness live – latest updatesPlans to run direct train services to Wrexham and Rochdale from London have been reje…
New rules to make long-term investment funds clearer
The FCA has set out clearer expectations for asset managers about long-term investments, such as property.
Meeting of 9-10 September 2026
Ms Schnabel started her presentation with the observation that, since the Governing Council’s monetary policy meeting on 22-23 July 2026, euro area financial markets had continued to be driven by energy price developmen…
Supermarket shake-up: why Asda or Morrisons could vanish within a decade
Talks between Sainsbury’s and Morrisons have set industry tongues wagging, with analysts saying the market is ripe for change
Oil prices jump 5% on Middle East tensions and US hurricane threat
Oil prices have risen sharply amid fears about escalating tensions in the Middle East and a squeeze on production from the threat of a hurricane off the US coast.
Piero Cipollone: Interview with Corriere della Sera
Not at all. Perhaps some people initially feared that the aim of the digital euro was to replace cash. But that is not the case. The ECB’s work to develop and ultimately introduce a new series of euro banknotes with dif…
Tesco lifts profit forecast and predicts a low-alcohol Christmas
Tesco has raised its profit outlook as it expects households to splash out this Christmas – despite buying less alcohol – as they shrug off “uncertainty” over the Iran war.
'Stop throwing shade' - the woman trying to stop firms leaving the UK
The UK needs to do more back its own companies at a time when a growing number are choosing to list their shares in the US rather than at home, the boss of the London Stock Exchange (LSE) has told the BBC.
Hedgehog among four chosen animals to feature on your new banknotes
Banknotes are getting a nature makeover - and the Bank of England has revealed the four creatures that will feature on our money.
Fed minutes show most policymakers see another rate hike by year end
The minutes back a hawkish read of the Fed path, keeping a further hike at the 27-28 October meeting or in December firmly in play and supporting front-end Treasury yields. The explicit link between prolonged high energ…
Tories accused of prioritising rich voters as Badenoch lays out inheritance tax cut plan
Party hopes to win over affluent middle-class voters as leader rejects calls to ‘unite the right’ in conference speech
Canada’s Weston family buys Boots for $8.9bn
Former Selfridges owners buy UK high street institution from long-term backer Stefano Pessina
‘I reside in Monaco’: billionaire said to have quit UK over potential wealth tax had already left
TaxWatch contradicts claims about David Reuben’s departure and questions stories of super-rich exodus
Minutes of the Federal Open Market Committee, September 15-16, 2026
The Federal Reserve on Wednesday released the minutes of the Federal Open Market Committee meeting that was held on September 15â16, 2026.
South West Water owner taps investors to fix infrastructure after sewage spills
Pennon slashes dividend and launches £550m cash call ‘to drive improved outcomes for customers and communities’
Royal Mail to cut up to 2,500 jobs amid restructure and fall in letter deliveries
Royal Mail is to cut up to 2,500 jobs as the embattled company seeks to restructure its business amid intense competition and the continuing decline in letter deliveries.
IMF chief urges governments to tighten belts as global debt levels soar
The head of the International Monetary Fund has called on governments across big economies to tighten their belts as soaring bond yields hit budgets.
Minutes of the London FXJSC Operations Sub-Committee Meeting – 16 June 2026
James Kaye (Chair, HSBC) welcomed new Committee members: Adam Jukes (Deutsche Bank) replacing Nimit Jobanputra, and Jonathan Morris (Goldman Sachs) replacing Anna Chadderton.
Shell expects refineries to almost double the profit from every barrel of fuel made
Record prices caused by global shortages amid shutdown of war-damaged refineries in Middle East and Russia
UK house prices flatline as rising mortgage costs weigh on market
UK house prices flatlined in September, according to a leading index, as rising mortgage costs started to weigh on the market.