Economy

The defence secretary has unveiled plans for a new RAF fighter jet, the Tempest, which will eventually replace the Eurofighter Typhoon. Speaking at the Farnborough airshow, Gavin Williamson unveiled a concept version of the sixth-generation fighter jet the...

Airbnb has been found in breach of EU law and given until the end of the summer to ditch a range of practices, including that of belatedly applying additional fees to the prices it promotes online. The...

Rising trade tensions between the United States and the rest of the world could cost the global economy $430bn (£324bn), with America “especially vulnerable” to an escalating tariff war, the International Monetary Fund has warned. Delivering a sharp...

Stoke-on-Trent has been identified as the debt capital of England and Wales, according to official figures. The Midlands city had the highest rate of personal insolvencies in 2017, followed by Plymouth, Hull and Scarborough. The former industrial centre...

The Argentine restaurant group Gaucho is teetering on the brink of administration, putting 1,500 jobs at risk, as it races to secure a deal that will help it pay a £1m-plus tax bill. The company is...

Poor Mystic Marcus. The supposedly-prophetic pig who predicted that England would beat Croatia on Wednesday has been vilified on social media following England’s loss, with fans calling for him to be turned into bacon. While these are...

It doesn’t take long for Katherine Bennett’s frustration to boil over when the issue of Brexit is raised. “It’s not as easy as Jacob Rees-Mogg thinks,” said the boss of Airbus UK. “We don’t just export cheese or...

The government has finally given Rupert Murdoch clearance to take over Sky as the media mogul mulls a £26bn-plus bid to try to see off rival Comcast. The new culture secretary, Jeremy Wright, has given Murdoch’s 21st Century Fox the...

Trustees of the Presidents Club charity, which hosted a gala dinner where female staff were allegedly groped and propositioned for sex, gave little thought to the women’s welfare while they took “careful steps” to protect the identity of male...

Business leaders have said that the government’s Brexit white paper is a “massive step forward” for the UK and have called on the EU to be pragmatic in its response. However, the financial services industry attacked the government,...