Business News

Mike Ashley's Frasers Group has branded the chancellor's new business rates holiday "near worthless" for larger firms and is an obstacle to it taking on old Debenhams shops.

US jobs grew more than expected last month amid falling COVID-19 cases, rising vaccination rates and extra government support putting the labour market recovery back on firmer footing.

Philip Jansen, the chief executive of BT Group, gave boardroom colleagues an ultimatum over his own future that led to the departure this week of the company's chairman, Jan du Plessis.

Holidaymakers face paying more for a UK seaside break this summer, with demand for staycations driving up the cost of accommodation by an average of 35% compared to last year.

A proposed pay rise of 1% for nurses and other health workers who have been on the coronavirus frontline has triggered an angry backlash.

Deliveroo will distribute a £50m funding pot to restaurants, riders and community groups as it seeks to portray itself as a responsible corporate citizen following a blockbuster flotation that could value it at around £7.5bn.

A property investor which has spent hundreds of millions of pounds on buying hospitality sector assets is racing to find a new owner for QHotels, a collection of four-star properties located across the UK.

Boohoo is facing renewed pressure from MPs on workers' rights - days after Sky News revealed the online fashion retailer was facing the possibility of a US import ban over the issue.

On The Beach (OTB), one of Britain's biggest online travel agents, will on Friday appoint Justine Greening, the former Conservative minister, to its board.

The Scotch whisky industry has welcomed a deal between the UK and US governments that has seen damaging tariffs, imposed by the Trump administration in 2019, suspended for four months.