Siobhan Kennedy , Business Editor

The Prime Minister has once again backed the Transport Secretary Chris Grayling as he faced further criticism in parliament over the awarding of a contract to provide ferries in the event of a no-deal Brexit to a company with no ships. Theresa May insisted that due diligence was carried out before start-up company Seaborne Freight…

The Prime Minister continues to have “full confidence” in the Transport Secretary Chris Grayling, after the decision to cancel a controversial no-deal Brexit agreement which had been awarded to a ferry company with no ferries. 

There’s more gloom for the British economy, with official figures showing last year the country experienced the weakest growth since 2012.

The ferry company with no ferries might be stranded in a port that isn’t a port.

In an interview with Channel 4 News, the port’s CEO said: “We still don’t have firm direction on really what is going to be required… It comes down to how they want to treat the border.”

You got yourselves into this mess, now it’s up to you to get yourselves out of it. That’s the gist of Irish Prime Minister Leo Varadkar’s message to Britain when we asked him if he was willing to compromise over the Ireland backstop, which is supposed to prevent the return of a hard border after Brexit. Mr Varadkar…

As we enter the last days before the next Brexit vote, the aircraft manufacturer Airbus has issued its starkest warning yet – saying it could move manufacturing out of the UK in the event of no deal. In Davos, the comments cast a shadow over a big business lunch, hosted by the Chancellor Phillip Hammond

Amid global fragmentation, Angela Merkel’s speech at Davos was loaded with appeals to heal divisions. But does that extend to breaking the deadlock of Brexit? 

The big beasts of the international business world are turning up at Davos in Switzerland for this year’s World Economic Forum.

Politicians weren’t the only ones waiting for Theresa May to outline her Plan B. Business leaders who have complained of the corrosive effect of uncertainty were also hoping the PM would provide some clarity.

With a no deal Brexit still the default option, there are fresh doubts about a ferry service the government wants to deliver emergency supplies. Seaborne Freight won a controversial £14 million contract to run a service between Ramsgate and Ostend. But on a visit to Ramsgate, the Mayor of Ostend told our Business Editor Siobhan…

Ministers have now issued a formal notice calling up British army reservists to help cope with the impact of a no deal Brexit – with around 350 troops due to be deployed and more than 3,000 others on standby. And while the political impasse continues in Westminster, businesses are having to step up plans for…

Britain’s biggest car maker has announced it will axe more than 4,000 jobs – and says Brexit is a factor in the decision. Most of the job cuts at Jaguar Land Rover will come from its UK workforce. The slump in demand for diesel cars and a slowdown in China have also been blamed. It’s…

The government is still determined to get its version of Brexit through the Commons.  But at the same time, it says it’s got to prepare for all eventualities.  As part of that, today it had a trial run of what it calls Operation Brock, its plan to avoid lorry chaos in Kent if there is…

News of no-deal ferry contracts slipped out by the government on Christmas Eve will come as no surprise to the shipping industry. Behind the scenes, under the strictures of government non-disclosure agreements, there has been fierce lobbying from ferry companies who were fearful that a government-run fleet would effectively undercut their businesses. The announcement of…