Money

The struggling retailer Mothercare is to cut 900 jobs, 100 more than previously announced, as it put its Children’s World subsidiary into administration. The move comes after landlords rejected the company’s proposals for rent reductions for Children’s World stores...

UK private equity firm Better Capital’s sale of airplane parts firm Northern Aerospace to a Chinese buyer has fallen through after regulators did not issue approval following an investigation into national security concerns. The UK Competition and...

Government consultations between Germany and China in Berlin on Monday aim to send a signal of closer bilateral cooperation in light of a worsened trade spat with the US. But some hurdles have yet to be...

High street sales fell for the fifth month in a row in June, according to a survey that suggested bricks and mortar retailers have endured the worst first half year of trading in more than a...

Inmarsat, Britain’s leading satellite company, has rejected a second bid from its US rival EchoStar that valued the business at £3.2bn. Shares in Inmarsat plunged more than 10% in early trading on Friday after the Colorado-based EchoStar revealed...

The Airbus chief executive, Tom Enders, doubled down on the aerospace giant’s warning that it could pull out of the UK in the event of a hard Brexit, accusing the government of having “no clue” on how to leave the...

More than 150 estate agency firms went insolvent last year and as many as 7,000 are at risk as high street operators face the triple whammy of online competition, a sagging property market and cuts to...

Tesco and France’s Carrefour are teaming up to buy products for more than 19,000 stores, a move the supermarket groups claim will lead to greater choice and lower prices for customers. While the decision may be good...

Meet the new bus: not quite the same as the old bus. With echoes of the Latin American colectivo or Israeli sherut but in super-smart vehicles networked by Uber-style apps, on-demand services are popping up in cities around Britain –...

The British defence company BAE Systems has won the $35bn (£20bn) contract to build Australia’s fleet of new navy frigates. The Australian government has announced that the company’s Type 26 Global Combat ship will be the design for...