Business

Tesco defies retail gloom with soaring profits

Tesco, the UK's biggest retailer, has beaten City forecasts with its first set of accounts since its £3.

Business

Under-pressure FRC steps up oversight of big auditors after beefing up fines

The accounting watchdog is pushing on with its promise to get tough on Britain's six biggest audit firms following criticism that it is too soft.

Business

Deutsche Bank's UK arm braces for further cuts as new CEO looks for savings

The new chief at troubled banking giant Deutsche Bank has suggested Germany's biggest lender could further trim down its investment bank, potentially meaning more job cuts in the UK.

Business

BTG shares take biggest fall in a decade after £150m hit on key lung therapy

British pharmaceutical company BTG has suffered its biggest share price fall in a decade after warning investors sales of an upcoming lung therapy would fail to live up to expectations.

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