Business

The British economy has shrunk for the first time since 2012. GDP dropped by 0.2 per cent in the second quarter of, a fall blamed on ‘increased volatility’ about Brexit.

If you needed clear evidence of climate change, then the latest Met Office figures provide it, revealing that the UK’s ten warmest years on record have all happened since 2002, while the most recent coolest year was way back in 1963.

Deputy leader of the Green Party, Amelia Womack, and professor of business economics, David Bailey, discuss electric cars.

Today the company announced a massive investment at its Castle Bromwich.

It said it had seen a “significant fall” in revenue from fixed odds machines.  

Southern Water has been hit with a record punishment of £126 million after waste was found to have spilled from its sewage plants into the environment.

For a supposedly great communicator, Boris Johnson seems somewhat uncommunicative. He ducked out of TV discussions when there were many more would-be Tory leaders in the race. Now there are only two, he is no keener on appearing. His reluctance to appear on tomorrow’s TV debate has led Sky to cancel it. Jeremy Hunt saw…

At least 5,000 jobs in the north of England are at risk after British Steel was put into compulsory liquidation.

China has hit back against the US as the trade war between the world’s largest economies escalates.

Thousands of drivers for cab hailing apps including Uber went on strike today in protest at what they claim are declining wages and poor employment terms. 

Boeing has announced that the fall-out from the crash of two of its 737 Max 8 planes has cost the company at least one billion dollars.

Back to Westminster now – and business leaders have expressed some relief that there will be no Brexit ‘cliff edge’ tomorrow – saying an imminent economic crisis has been averted – but they’re certainly not celebrating yet.

While Brexit may be paralysing the political process, it’s had an unexpected effect on the economy in the past month.

Debenhams has fallen into administration after rejecting a rescue bid from Sports Direct boss Mike Ashley.