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Europe’s leading car producers have warned of surging costs if the UK quits the European Union without a deal, as figures published Wednesday revealed new car registrations had crashed.
Supermarket chain Wm Morrison has shaken up its senior management team, including widening the role of chief financial officer to include commercial activities.
The Bank of England has expressed concern about the rapid growth of riskier leveraged lending, comparing it to the rise of the US subprime market which ultimately devastated the global economy.
House prices rose at their slowest rate since August 2013, official data showed on Wednesday, as weakened consumer confidence and rising interest rates dampened demand.
Inflation unexpectedly eased in September, providing relief for under-pressure consumers and significantly reducing the prospect of an imminent interest rate hike.
Fund managers are as pessimistic about the world economy as they were ten years ago, when the financial crisis devastated global markets.
America’s Johnson & Johnson, the world’s largest healthcare company, narrowly beat analysts' forecasts after strong demand for its cancer drugs bolstered third-quarter sales.
The Competition and Markets Authority has outlined which areas it will probe as part of an investigation into J Sainsbury’s £15bn merger with rival supermarket chain Asda.
Shares in Volvo Group have crashed after it warned of possibly “material” costs following the discovery that some engines could be exceeding emissions limits.
The Prime Minister is attempting to quell government in-fighting and rally her colleagues behind her ahead of a crucial European Union summit on Wednesday.
The number of first-time home buyers has jumped to levels not seen for over a year, according to data from the industry.
Precious metals specialist Polymetal International has upped its guidance for annual gold production after a “steady” third quarter.
Bank of America narrowly beat analyst forecasts as strong consumer lending and lower tax rates bolstered its third-quarter performance.
Spain’s Cepsa has shelved plans for a multi-billion euro initial public offer, after it fell foul of the current turbulence on European bourses.
Patisserie Valerie’s under-pressure chief executive Paul May has quit the board of The Restaurant Group.
The Bank of England and the Financial Conduct Authority have called on the City to better manage the financial risks of climate change.
The head of the International Monetary Fund has pushed back at US President Donald Trump, claiming interest rate rises he had dismissed as "ridiculous" were “legitimate and necessary”.
Producers from the Organisation of Petroleum and Exporting Countries are unlikely to increase output in the short-term, after the cartel’s secretary-general said the market was already well supplied.
Barclays expects the volatility dictating trading on Wall Street to continue, and has recommended investors remain wary of buying despite heavy price falls.
Tesla and the Securities and Exchange Commission have asked a New York court to back their $40m agreement, despite a controversial tweet by Elon Musk seemingly undermining the deal.