Commentary and news on UK trade finance, credit, and corporate funding—aggregated from BBC Business, the Bank of England, and The Guardian.
Two sides agree to try to make bilateral relationship ‘more balanced’ after weeks of threats The EU and China have agreed to enter three months of talks to try to avoid a trade war over the bloc’s €360bn (£310bn) annual import/export imbalance. In their first joint statement in s
The decision, seen as a win for central bank independence, sends the fight over removal back to the lower courts.
Exclusive: Move affects staff of both companies whose roles will be duplicated once operations are merged Nationwide building society is axing 600 jobs in the first major round of cuts linked to its controversial takeover of the high street bank Virgin Money. The move affects Nat
Entertainment arm to split from mobile and broadband in move that raises questions over future of Sky News Business live – latest updates Comcast is to spin off its media operation, which includes Sky and the Hollywood film studio, TV and theme park business NBCUniversal, into a
UK telecoms group’s 50/50 venture ends more than 18-month search for a buyer of its international operations Business live – latest updates BT and the US mobile company Verizon are to combine their international businesses, ending the British telecom group’s more than 18-month se
It comes as regional rivals like Taiwan, China and Japan are investing heavily in chip factories and other technology.
Dunhill maker to cut about a fifth of workforce, aiming to reduce costs and become more ‘technology enabled’ Business live – latest updates British American Tobacco (BAT) will cut about a fifth of its 47,000-strong workforce this year, as the cigarette-maker looks for ways to pus
While it can transform firms for better or worse, the use of private equity in essential services is attracting scrutiny. Here we examine some of its more contentious elements in the UK veterinary sector Private equity could be the two most controversial words in business. For it
Spending watchdog says high-speed rail project must be put on stable footing to avoid repeat of costly past failures Revised plans for HS2 should not be put into action until the government is confident they can be delivered, according to the public spending watchdog. The project