LATEST BUSINESS NEWS

Ocado facing relegation from FTSE 100

Ocado facing relegation from London’s top stocks after share price slump

Facebook Meta platforms

Competition watchdog gets ad data promises from Facebook owner Meta

Plastic banknote

Campaigners welcome new Government plans on ‘free access to cash’

Asos

Asos secures £75m fundraising to support turnaround plan

London skyline

Audit review pushes Revolution Beauty into loss after serious issues found in books

British Airways planes

Half-term getaways ruined as BA cancels dozens more flights

Shopper with carrier bags

UK retail sales rebound in April despite inflation pressure

A scientist at work

Life sciences sector to get £650m boost in new Government funding package

Andy Pilley

Fleetwood football owner loses civil court fight with council

A Nationwide Building Society ATM

Nationwide increasing some mortgage rates for new borrowing from Friday

A petrol station

Asda finalising £10bn merger with EG Group – reports

Treasury Select Committee

Bank of England ‘cannot rule out’ further interest rate rises, says decision-maker

City of London

FTSE slides further as US debt ceiling debate rumbles on

Gambling stock

Paddy Power and Betfair fined £490,000 for self-exclusion breach

Graham Stuart at the Innovation Zero Congress

Government committed to new North Sea oil and gas licences

Boohoo boss takes home £650k bonus

Boohoo boss takes home £650,000 bonus despite retailer sinking into a loss

A smart meter next to an energy bill

Average household energy bill to fall by £426 from July amid Ofgem price cap cut

The logo of Unite the Union on a building

Workers at soft drinks plant to strike over pay