Debenhams has issued a fresh profit warning, admitting sales are falling short of already lowered expectations amid the crisis facing the high street.

Investors are reacting nervously to a potential escalation in President Trump's trade war with China, with stock markets falling sharply in Asia.

E.ON is increasing its standard variable tariff prices for gas and electricity customers, the company has announced.

One of Singapore's giant sovereign wealth funds is weighing a £2bn joint bid for Cognita, the UK-based schools operator.

Poundworld administrators have cut dozens of jobs at the discount retailer's head office, a week after the chain's collapse.

Ellis Short, the former owner of Sunderland AFC, has joined a £1.3bn race to take over thousands of commercial property sites owned by Network Rail.

Water companies are in the dock over their handling of supply disruptions during the so-called "Beast from the East" cold snaps in February and March.

The chief executive of Audi has been detained by German authorities investigating the "dieselgate" scandal at parent firm Volkswagen.

Britain's big four accountancy firms ‎will be plunged further into the quagmire this week when their regulator highlights a decline in the quality of their audit work during the last year.

Virgin Money has agreed to be taken over by Clydesdale and Yorkshire Banking Group (CYBG) in a deal worth £1.7bn that could result in 1,500 job losses.