Premier Foods announced a profit warning and a cost-cutting programme on Wednesday as the food group battles sluggish sales and increased commodity prices as a result of sterling's sharp fall since last June.
Pearson plans to sell its Penguin Random House stake as shares plunged after a profit warning. Photograph: Tim Ireland/PA. Mark Sweney · @marksweney · email.
The UK unemployment rate remained at an 11-year low in the three months to November, while basic wages grew more than expected, figures released on Wednesday (18 January) showed.
It was a humbling moment for the most blue-chip of British engineering companies. One by one, a crowded London courtroom listened to a list of offences committed by Rolls-Royce, which spanned more than 20 years and revealed a policy of active or ...
Burberry has been bolstered by a return to growth in its Asian markets and a rise in tourists flocking to the UK to pick up luxury bargains as a result of the weaker pound.