Business News

Thames Water is edging closer to a multibillion pound rescue deal with its lenders that would keep the ailing utility out of temporary public ownership.

The operator of Britain's biggest cash machines network has recruited a former head of the Rugby Football Union (RFU) as its next chairman.

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Peter Mandelson told Jeffrey Epstein he was "trying hard" to change government policy on bankers' bonuses at his request, months after the convicted sex trafficker had paid thousands of pounds to the then UK business secretary's husband.

Anthony Joshua, JK Rowling and Mo Salah have been named among the UK's 100 biggest taxpayers.

The founder of Mumsnet is in talks with private equity investors about selling a stake in the online community for parents she set up more than a quarter of a century ago.

Donald Trump has revealed his pick to become the world's most powerful central banker, declaring Kevin Warsh "may be the best" ever.

Donald Trump has endorsed a spending deal negotiated by US Senate Republicans and Democrats that would stave off a government shutdown and temporarily fund the Department of Homeland Security.

The dismantling of Sanjeev Gupta's British business empire is accelerating after advisers were hired to find a buyer for a steel production business which supplies oil giants including BP and Shell.

Santander has announced plans to close 44 bank branches, placing almost 300 jobs at risk.