Business News

Carillion was left with just £29m before going bankrupt

Carillion held rescue talks with the government since October in a bid to stave off collapse, says boss.

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Waitrose hit as Verifone payment system crashes

The supermarket chain has apologised after a system failure left customers unable to pay by card.

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Tesco Clubcard changes anger customers

The supermarket giant drops the value of some of its rewards and raises some of the others.

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Uber to introduce limit on drivers' hours

Drivers who do not take a long enough break will not be able to log in to the app and take trips.

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UK inflation rate drops back to 3%

The rate fell from November's six-year high of 3.1% mainly because of the impact of air fares.

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McDonald's aims for fully recycled packaging by 2025

The world's biggest restaurant chain says all its packaging will be from sustainable sources by 2025.

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Peter Hain accuses London law firm of 'whitewash'

UK peer Lord Hain accuses Hogan Lovells of failing to properly probe corruption at South Africa's tax agency.

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TVR sports car firm stake bought by Welsh Government

Welsh Government has bought a 3% stake in the firm ahead of production starting in Ebbw Vale.

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South African lawyers demand $130m refund from firms

The money is linked to a corruption-plagued consultancy deal involving state power company, Eskom.

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OnePlus phone company investigates card fraud claims

More than 200 people report seeing fraudulent charges following a purchase via the OnePlus site.

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Product safety flaws 'exposed by Whirlpool danger dryers'

More than a million fire-risk dryers are still being used in UK homes, a committee of MPs says.

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Detroit Auto Show: Firms bet on trucks to boost US sales

Companies are focusing on pickup trucks and SUVs to try to counter flagging US sales.

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House prices: Midlands sees biggest rises

The region saw the biggest price growth in the year to November, with London recording the slowest.

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Debt fears for poorer households

A quarter of very low-income households have high debt repayments or are behind on bills or repayments.

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Airbus says A380 superjumbo production could end

The European planemaker says it will stop making its giant A380 jet if it does not get any more orders.

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A million dangerous tumble dryers still in UK

Faulty tumble dryers which can catch fire are still widely used in the UK, a committee of MPs warns.

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Carillion's collapse - what happens now?

Britain's second biggest construction company has collapsed. What does it mean for the projects it worked on, and the schools and hospitals it worked for?

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Why the A380 never really took off

Airbus has said it will stop making its superjumbo if it does not get any more orders.

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Pick-up trucks dominate Detroit Auto Show

Pick-ups are the king of US cars, and with low gas prices they're likely to retain that crown.

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