Business News

B&M European Value Retail, the London-listed discounter, is looking to cherry-pick sites from troubled rival Poundland as it teeters on the brink of administration.

Uber has claimed victory in a long-running legal battle brought by taxi rivals, including thousands of London black cab drivers.

A British-based fintech run by a former top executive at Morgan Stanley, the Wall Street giant, has landed almost £20m in funding from a syndicate of blue-chip investors.

Vistry Group, the troubled London-listed housebuilder, is turning to a former executive at The Crown Estate to help repair its battered finances.

Water customers face having to pay an extra £40 a year to suppliers if the industry is hit by a fresh ratings downgrade, the head of the industry's main lobbying group has warned.

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Chancellor John Healey has shown support for expanding Heathrow Airport after Prime Minister Andy Burnham refused to back plans for a third runway.

Major UK banks have seen their share prices fall after reports the chancellor is set to raise tax on lenders in the budget.

An investment vehicle set up by Britain's banks in the aftermath of the 2008 financial crisis is close to striking one of its most unusual deals to date by buying a stake in a supplier of reptile food and associated products.

The owners of ailing Poundland are parachuting in a trio of restructuring experts to its board ahead of a sale or filing for administration which is expected within days.