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The energy sector regulator Ofgem has fined Ovo Energy £8.9m after thousands of customers were given incorrect information and overcharged. Ovo Energy was accused of sending inaccurate annual statements to...

Controversial Chinese tech giant Huawei, has today been selected by the UK government to be used in its future 5G networks. However, it was also revealed that Huawei will be...

More than £5bn in extra tax has been secured from multinationals, reveals HMRC, thanks to reforms introduced in 2015 to tackle profit diversion. The Diverted Profits Tax (DPT) has revolutionised the government’s...

The hotly-anticipated list of finalists for the UK’s leading business event have been announced. The Amazon ScaleUp Awards by Business Leader will take place on March 20, 2020 at the...

A fast-track route into UK workforces awaits the world’s top scientists when a new government via scheme comes into force next month – but its successful implementation is vital or...

London’s long-term status as the world’s pre-eminent financial hub has been lost amid the past three years of Brexit uncertainty, a new report has found. The UK capital has long...

A report from the National Audit Office (NAO) has found that the High Speed Two (HS2) railway is over budget and behind schedule because the Department for Transport (DfT), HS2...

British supermarket chain Morrisons is planning on axing more than 3,000 managerial roles across the business as part of a restructuring plan. The aim of the move is to create...

After six years as CEO for Sainsbury’s, Mike Coupe has announced that he is to retire later this year. Coupe will continue in his role as Chief Executive Officer until...

Troubled high street retailer Ted Baker has revealed that an accounting error meant it had overstated the value of its stock by £58m. This is more than double the previous...