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Jill Treanor
Yahoo Finance UKRate rise will hit UK's most vulnerable families hardest, charity warns
The Bank of England's decision to increase interest rates on Thursday would hit UK's most vulnerable families hardest, debt charity StepChange has warned.
- Yahoo Finance UK
Mark Carney warns of 'uncomfortably high' risk of no-deal Brexit
The Bank of England governor Mark Carney said the possibility of a no-deal Brexit was "uncomfortably high".
- Yahoo Finance UK
Bank prepares to raise rates as borrowing spree continues
As the market expects UK interest rates to rise above pre-crisis lows, data shows that consumers are still borrowing.
- Yahoo Finance UK
Why the City expects Bank of England to raise interest rates
The Bank of England's monetary policy committee is widely expected to raise rates to 0.75% next week, the highest level since the financial crisis.
- Yahoo Finance UK
Shell share price hit as $25bn buyback fails to impress investors
Oil company Royal Dutch Shell (RDSB.L) has failed to excite investors with confirmation of its $25bn (£19bn) share buyback.
- Yahoo Finance UK
Facebook's slide costs Zuckerberg $15bn
Mark Zuckerberg, the co-founder of Facebook (FB), is on course to take a hit to personal wealth of about $17bn (£13bn) after the social media company lost nearly $120bn off its stock market value – the biggest fall faced by any US company in history.
- Yahoo Finance UK
Report warns of fears of junk food Britain after Brexit
The government is being warned of the risk that Brexit hurts the poorest hardest, driving them to seek out the cheapest food which is likely to be less heathy.
- Yahoo Finance UK
Pound slumps to nine-month low against the dollar on Brexit worries
The pound has fallen below $1.30 for the first time since September as lower than expected retail sales and fears of a 'hard’ Brexit unnerved the markets.
- Yahoo Finance UK
How Lloyd's of London predicted France win
After France beat Croatia in Sunday’s final, the Lloyd’s of London insurance market is able to claim that it has correctly predicted the winner for the second time running.
- Yahoo Finance UK
Flying taxis and spaceports: why aerospace matters after Brexit
Theresa May announces more than £300m of investment for the aerospace industry at Farnborough Airshow in the UK.
- Yahoo Finance UK
City firms quicken pace to leave London over Brexit whitepaper
Financial firms are moving jobs out of London because of the uncertainty created by Brexit. Financial firms are expected to press on and even accelerate their Brexit contingency plans following the publication on Thursday of the government’s proposals for the UK’s trading relationships after the country leaves the EU. The proposals – set out in a 100-page white paper – have already been described as a “real blow” for the financial services sector as they acknowledge that the ties between the UK and the EU will be loosened after Brexit and that the crucial “passporting” regime which allows firms to trade seamlessly across countries inside the bloc ended.
- Yahoo Finance UK
May's Brexit plan is a 'real blow' to City
UK government white paper on Brexit would damage the financial services sector, City warns.
- Yahoo Finance UK
City urges Brexit talks to include 'life blood' of economy
Theresa May’s government is being warned that a Brexit deal that excludes the services sector risks hurting the 'life blood' of the economy.
- Yahoo Finance UK
Pound slides as Boris Johnson quits in soft Brexit row
The pound held firm after David Davis resigned from the government, unleashing political turmoil but raising expectations of a “soft” Brexit.
- Yahoo Finance UK
US bidder steps back from £2.45bn bid for Inmarsat
American company withdraws from launching a formal bid for the London-based satellite firm Inmarsat.
- Yahoo Finance UK
UK government has 'no clue' on Brexit, says Airbus boss
Teresa May's government has no clue, no consensus on how to execute Brexit without severe harm, says Airbus chief executive Tom Enders
- Yahoo Finance UK
Kane's England can give UK economy a kick of gold
A World Cup win by Harry Kane’s England would be an 'unalloyed, unadulterated absolute good' for the UK economy, the governor of the Bank of England has declared
- Yahoo Finance UK
UK car prices could rise by £1,500 after Brexit
Britons would have to pay more to buy cars including hybrids after a hard Brexit, warn UK car manufacturers
- Yahoo Finance UK
UK's beer demand hits Christmas levels over England's World Cup hopes
Pubs and retailers pin hopes on England winning against Colombia in last-16 clash as demand for beer hits record high.
- Yahoo Finance UK
House of Fraser fall shows decline of UK high street
The titans of British high street are battered by poor sales as store footfall drops and real estate cost bites, with household names from John Lewis to Debenhams issuing profit warnings and the once mighty House of Fraser being forced to shut half its stores across the UK.