Business

Water firms in England and Wales have been ordered to return £157.6m to customers due to their poor performance.

Rachel Reeves, the chancellor, will this week hold further talks with bank bosses amid industry anxiety that she will raise the tax burden on it at this month's budget.

Grocery price inflation rose in September, with average supermarket prices now 2% more expensive than a year ago, figures show.

TGI Fridays will remain on UK high streets after a rescue deal was secured for the restaurant chain - but more than 1,000 staff have lost their jobs. 

A big four audit firm and one of Britain's high street banks have resumed their membership of the CBI, delivering a boost to the scandal-hit lobbying group's hopes that it can recover its long-standing influence in government.

The family which relinquished control of The Daily Telegraph last year is to hire a trio of banks to oversee a review of ownership options for Very Group, their online shopping empire.

Manchester City and the Premier League have both claimed victory in a legal battle over rules relating to commercial deals.

A US Air Force Reserve brigadier-general will this week unveil a $5m funding boost for her British-based quantum computing start-up.

The price of oil has hit a six-week high amid fears over the escalating conflict in the Middle East.

An education technology company dubbed the "Spotify for textbooks" will this week announce a $20m fundraising led by Sir Terry Leahy, the former Tesco boss.