Business News

The US has cut its interest rates for the second time this year by 0.25%, amid concerns about slowing economic growth and global trade tensions.

A strike planned by British Airways pilots for 27 September has been called off, the pilots' union has said.

The UK's Brexit-hit car industry is to set for a major boost, with hundreds of jobs to be created to build a new 4x4 in a town due to be abandoned by Ford.

The annual rate of inflation fell to 1.7% in August, its lowest level since December 2016, official figures have shown.

The owner of used car chain Car Store is to close almost two-thirds of the brand's sites, citing an impact from Brexit.

The government has launched an investigation into the £4bn takeover of defence firm Cobham, citing "national security" concerns.

The UK is falling behind its G7 rivals when it comes to preparing for mass automation of the workplace and the so-called Fourth Industrial Revolution, MPs have warned.

Free-to-use cash machines are disappearing faster from poorer areas than more affluent ones.

The colourful businessman who fought a running battle with the owner of Southend Airport last year is turning his attention to its former corporate bedfellow by plotting a raid on the struggling haulier Eddie Stobart Logistics.

Credit card interest rates have reached their highest in at least 13 years, putting shoppers preparing to splash out for Christmas at risk of higher bills.