UK

The pound fell briefly to its lowest rate against the dollar in two years on Tuesday, as the two remaining Conservative Party leadership candidates appeared to spook the currency by refusing to rule out a no-deal departure from the EU in October. Sterling sank earlier in the day to $1.2396,...

News has emerged that Jaguar Land Rover sales have dropped further in October, despite its performance in China continuing to recover, according to new financial figures. Jaguar Land Rover reported that a total of 41,866 vehicles were sold during the month of October, down...

News has just emerged that Secure Trust Bank Commercial Finance has funded an additional £1bn worth of customer invoices in the last year and in doing so, bringing its total amount lent in excess of £4bn. The Commercial Lending team is the commercially focused arm...

The planned £70m acquisition of British Steel by the Chinese steel manufacturing giant Jingye Group, which is set to safeguard thousands of jobs, has been welcomed by the Northern Powerhouse Partnership. The Official Receiver and Special Managers from EY confirmed yesterday (11 November 2019)...

The Court of Appeal has confirmed a High Court decision to extend compensation rights to people injured in car accidents on private land. The court found that the Motor Insurers Bureau (MiB) was liable to pay out to Michael Lewis, who suffered severe spinal cord injuries when he was struck...

Retail sales in the UK declined by 0.5% on a like-for-like basis in August 2018, a marked decline from the 0.1% increase seen in July, according to the latest British Retail Consortium – BRC – KPMG Retail Sales Monitor. Non-food retail sales decreased by 1.2% on a like-for-like basis over...

Ever wondered what social media influencer marketing is? Would you buy a pair of shoes because someone you have never met on Twitter, Facebook or Instagram said they were great? Would you choose a new phone or pick out your next car based on the recommendations of a top YouTuber? If...

Up to 80% of financial claims management firms (CMCs) could disappear as regulation of the sector is stepped up, their trade body has warned. These claims management businesses take on applications for road traffic accidents, injuries in the workplace, medical negligence and of late, financial compensation - often for mis-sold...

The business review site Trustpilot is making it easier for the public to detect when companies try to suppress complaints posted to its platform. Whilst companies should be allowed to tackle deliberately false or misleading negative reviews there were fears that some companies have been manipulating their online reviews to...

Turnover at bedroom retailer Sharps, which has 78 showrooms across the country has passed the £100m mark, according to new accounts. Sharps Bedrooms, which is headquartered in Bilston, has posted a turnover of £102.8m for the year to 30 September 2018, up from £95.2m in the prior 12 months. The latest...