Government considering having borrowing assessed once a year
The UK government is considering having the public finances formally assessed only once a year following a suggestion from the International Monetary Fund (IMF).The global economic watchdog said the change…
Why is River Island in trouble?
Getty ImagesThe future of River Island is in the balance ahead of a crucial court ruling on the fashion chain's restructuring plans.The British chain - which once collaborated with Rihanna…
US FCC clears $8bn Skydance-Paramount merger
Christal HayesBBC News, Los AngelesAn $8bn (£5.9bn) merger between Paramount Global and Skydance Media has been approved by the US Federal Communications Commission (FCC).The merger between the independent film studio…
Retail sales in June boosted by hot weather
Tom EspinerBusiness reporter, BBC NewsGetty ImagesRetail sales rebounded in June as the hot weather boosted fuel and supermarket sales, according to official data.Sales volumes were up by 0.9% in the…
Four more traders appeal rate-rigging convictions after Supreme Court ruling
Mitchell LabiakBusiness reporter, BBC NewsFour traders are appealing to have their rate-rigging convictions overturned after the Supreme Court quashed two rate-rigging cases on Wednesday.Jay Merchant, Jonathan Mathew, Philippe Moryoussef, and…