ScottishPower: Court grants appeal against HMRC over £28m tax bill
Energy giant ScottishPower has been granted an appeal to allow it to deduct £28m in fines by Ofgem for corporation tax purposes
UK retail sales plunged in December as Budget fallout spread
UK retail sales dropped during December, despite expectations of a Christmas bounce as consumers pulled back on spending. In a worrying sign for the economy, retail sales fell 0.3 per cent in December
M&C Saatchi: Ad giant maintains momentum as revenue grows
Ad giant M&C Saatchi reported solid revenue growth for the financial year, as its transformation strategy began taking shape. The company told markets this morning that full year revenue grew by 3.5 p
DFS: ‘Improved performance’ couched by rising national insurance, wages and rates
DFS Furniture reported its group order intake was up over 10 per cent as it gained a higher than expected market share gains for both of its brands
Ofcom cracks down on inflation-linked price hikes
Telecoms providers must set out upfront price rises that will apply to customer contracts to protect consumers from uncertain and volatile inflation. From today, Ofcom will require any price rises lin
Government unclear on where taxpayer money to fix potholes has gone
Billions of pounds each year is going to councils but given the money is not ring-fenced, ministers have no idea how it is being spent.
FCA looks to ease consumer duty burden as Reeves pushes regulators for growth
The Financial Conduct Authority (FCA) will look to ease the burden of complying with its stringent consumer duty rules as part of a push to cut red tape in the City and unlock growth. In a letter to t
Can Liverpool replace London as UK’s tourism capital?
The Liverpool City Region is making a bold play to replace London as the tourism capital of the UK. Local leaders have unveiled a five-year plan which it hopes will boost the region’s economy, creat
What is driving the FTSE 100 surge?
The FTSE 100 has hit a new all-time high today, with the index within touching distance of 8,500 for the first time. Since the start of the week, London’s main index has grown almost three per cent,
The Week in Business, with Christian May: anyone got any growth ideas?
This week, City AM Editor Christian May looks at the government's search for growth and asks whether the UK's army of regulators are best placed to help.