Business

Replacing the UK's current windfall tax on oil and gas companies could cost the country up to £8.6bn by 2030, campaigners are warning.

More than 20,000 Glasgow City Council staff will be fired then rehired under new contracts after talks between the local body and trade unions broke down.

The Premier League and three of its top European counterparts will on Friday issue a joint call for urgent governance reform at FIFA amid the crisis engulfing its president, Gianni Infantino.

One of the suitors for the retail arm of struggling broadband provider TalkTalk Telecom Group has returned with a cut-price offer that would further increase the losses facing investors in the company.

The finance chief of London-listed marketing services group WPP is quitting in the middle of its turnaround to be reunited with her former Tesco colleague, the Diageo chief executive Sir Dave Lewis.

The multimillionaire entrepreneur and Labour donor Dale Vince is providing a "rescue" funding package to a trio of central London newspapers, nearly two years after he was thwarted in a bid to buy The Observer.

The Canadian investment giant Brookfield is closing in on a $2bn deal to buy Actimize, a financial crime and compliance specialist.

Southern Water has received another fine just two months after being told to pay £7m over illegal sewage dumping.

Amanda Staveley, the Mayfair financier best-known for her roles in takeovers of Premier League football clubs Manchester City and Newcastle United, is joining the board of Ctrl Alt, a financial infrastructure start-up.

The personal allowance could get its first boost in five years.