Money

  BT is to axe about 13,000 jobs over the next three years and move out of its central London headquarters after almost 150 years, as it seeks to cut £1.5bn in costs after a torrid 18...

MPs will have a vote on remaining in the European Economic Area – effectively a vote on the single market – after a shock defeat for the government in the Lords. It means the Brexit strategy of both...

Hardliners in Iran are rejoicing at Donald Trump’s decision to unilaterally pull the US out of the 2015 nuclear deal and reimpose economic sanctions, and seizing on an opportunity to consolidate their power over reformists who championed the...

The UK’s competition watchdog has opened a full-scale investigation into the proposed merger of “big six” energy firms npower and SSE. The announcement by the Competition and Markets Authority comes after it warned last month that the merger...

Shire, the London-listed maker of treatments for ADHD and rare diseases, has agreed a £46bn bid from Japan’s Takeda, in the biggest deal in the pharmaceutical sector since 2000. It is the latest in a series...

The future of strike-hit Air France hangs in the balance following the departure of its chief executive over a continuing strike over pay, the French economy minister warned on Sunday. The airline’s trade union members are planning to...

Torquay, Paignton, Lancaster, Brighton and Kirkcaldy could become Sainsbury’s “monopoly” towns if its planned merger with Asda goes ahead, prompting MPs to demand action to protect local communities. The proposed merger of the two supermarket chains will leave...

The six month closure of one of Britain’s oldest nuclear reactors will burn a £120m hole in the revenues of owner EDF Energy and has raised questions over the reliability of the country’s ageing nuclear fleet. EDF said...

House of Fraser’s rescue restructuring faces a significant hurdle after it emerged that the department store chain may have to fund a multimillion-pound injection into its pension scheme. The ailing retailer could be required to set...

Over a thousand economists have written to Donald Trump warning his “economic protectionism” and tough rhetoric on trade threatens to repeat the mistakes the US made in the 1930s, mistakes that plunged the world into the Great Depression....