Business News

Digital payments group TransferWise is poised to cement its status as one of Britain's most prized technology companies by orchestrating a share sale valuing it at about $4bn (£3.1bn).

Cathedral City cheese maker Dairy Crest has agreed to a takeover by a Canadian firm in a deal worth nearly £1bn.

US foods giant Kraft Heinz saw its shares plummet by more than quarter after posting a huge losses and revealing it was the focus of a federal investigation.

No individual prosecutions are to be brought over long-standing corruption at Rolls-Royce, the Serious Fraud Office has announced.

Royal Mail has announced the price of first and second class stamps are going to increase from next month.

Lenders to Interserve, the heavily indebted government contractor, are to sweeten the terms of a £500m rescue package even as the company’s largest shareholder sets out a rival restructuring plan.

Flybe has completed its controversial sale to a consortium led by Sir Richard Branson's Virgin Atlantic, which will net just 1p a share.

Asda has been left languishing last in a satisfaction survey, which saw discounters Aldi and Lidl outperform all of the "Big Four" supermarkets.

Companies including Disney, Nestle and the maker of Fortnite are pulling advertisements from YouTube over concerns relating to child abuse.

The government has admitted it has run out of time to roll over existing trade pacts with Japan and Turkey in the event of a no-deal Brexit.