Business News

The finance chief of London-listed marketing services group WPP is quitting in the middle of its turnaround to be reunited with her former Tesco colleague, the Diageo chief executive Sir Dave Lewis.

The multimillionaire entrepreneur and Labour donor Dale Vince is providing a "rescue" funding package to a trio of central London newspapers, nearly two years after he was thwarted in a bid to buy The Observer.

The Canadian investment giant Brookfield is closing in on a $2bn deal to buy Actimize, a financial crime and compliance specialist.

Southern Water has received another fine just two months after being told to pay £7m over illegal sewage dumping.

Amanda Staveley, the Mayfair financier best-known for her roles in takeovers of Premier League football clubs Manchester City and Newcastle United, is joining the board of Ctrl Alt, a financial infrastructure start-up.

The personal allowance could get its first boost in five years.

The RAC, Britain's oldest breakdown recovery service, is shelving plans for a multibillion pound London stock market listing in favour of a deal that will see two of its three shareholders offloading their stakes in a private transaction.

Paramount has reached a settlement with California and other states that sued over the media giant's $110bn (£82.2bn) merger with Warner Bros Discovery.

TalkTalk Telecom Group, one of Britain's biggest consumer broadband suppliers, was on Monday evening scrambling to find a new buyer for its wholesale network amid growing doubts over the company's future.

Converse, the American footwear brand, has apologised for an ad which critics said evoked Ku Klux Klan imagery, saying it recognised why the image was "deeply upsetting".