Business News

Honda has confirmed it plans to close its factory in Swindon in 2021 with the loss of 3,500 jobs.

Banking giant HSBC has reported tougher conditions in the UK in the run-up to Brexit as it revealed lower than expected annual results amid a cocktail of global uncertainties.

British workers enjoyed their strongest real terms pay rise for more than two years at the end of 2018, official figures show.

The private equity fund which owns a stake in Bullitt Group, the branded mobile phone designer, is to surrender control of the business less than 18 months after acquiring it in a £100m deal.

Fashion icon and Chanel creative director Karl Lagerfeld has died at the age of 85, a source at the French fashion house said.

Bakery chain Greggs said the launch of its controversial vegan sausage roll had helped it enjoy an "exceptional sales performance" at the start of the year.

Retailers should pay a penny per garment to fund better recycling and try to end the era of throwaway fashion, according to an influential group of MPs.

The National Farmers' Union (NFU) is demanding a written guarantee from the government that Brexit won't undermine British farming standards.

Michael Gove, the Environment Secretary, has bowed to pressure from Britain's food industry by agreeing to suspend a series of reforms amid protests that they are too absorbed by preparations for a no-deal Brexit.

Train operators are calling for a major shake-up of fares that would throw out current rules governing peak and off-peak pricing and also end the need for so-called split-ticketing.