United Kingdom Business News

The property website Rightmove saw its shares slump by more than 10 per cent last night, closing at its lowest level since the summer as traders sold on fears of competition from Google. The stock fell by 57.6p to 499.9p...

Britain's banks to the tune of £850 billion – more than £14,000 for every citizen in the UK – new figures reveal today. • Halifax Bank of Scotland headquarters on The Mound, Edinburgh. Picture: Jane Barlow The level of taxpayers'...

Kraft Foods will post its offer document to Cadbury Plc shareholders on Friday, triggering a two-month 9.8 billion pound ($16.4 billion) takeover fight, sources with knowledge of the situation said on Thursday. The American food giant has until December 7...

The fashion retailer New Look further paved the way for its flotation next year by appointing John Gildersleeve as its new chairman. Mr Gildersleeve, who is currently non-executive chairman at the mobile phone retailer Carphone Warehouse, will join the 1,000-store...

A merger between the Yorkshire and Chelsea building societies, which was confirmed yesterday, will lead to potentially hundreds of job losses and several branch closures. Yorkshire and Chelsea said that they had finalised the deal, a day after admitting they...

join the real world on pay Lord Mandelson and Harriet Harman turn up the heat on City over bonuses amid calls for tax on banks Lord Mandelson said bankers needed to show restraint 'by not returning to that bonus culture'....

The Times has obtained a copy of the law that created Dubai World and it clearly states that the Gulf emirate will not back the state-owned company’s debts...Banking insiders have claimed that in meetings between Dubai World and investors, executives...

That is all I can tell you,' a spokesman was quoted as saying. General Motors said on Tuesday it is giving potential buyers for Saab until the end of December to make their position's known otherwise it would begin winding...

The main reason for the size of the fall was £37m of charges on property. The firm also reiterated plans to build 60 new pubs over the next three years, with 15 due to open next year. The company raised...