Labour is considering moving the Bank of England to Birmingham as part of plans to rebalance the economy and strengthen the regions. A report commissioned by Shadow Chancellor John McDonnell has concluded that the Bank’s London base is “unsatisfactory and leads to...
A transition period after Brexit where the UK continues to accept EU rules would be a “price worth paying” for economic stability, an influential Commons committee has said. Cross-party MPs on the Treasury Committee said the Government should consent to a “standstill”...
When it comes to starting a business, there remains a notable disparity between the sexes. Encouragingly, that gender gap is closing – but the UK is playing catch-up with its global counterparts. Data from NatWest released this year puts Canada at the top of...
An influential US think tank has warned that almost all possible trading relationships between the EU and the UK after Brexit would be less favourable for the British economy than if it were to stay in the trading bloc. The Rand Corporation, a...
This could be a way to spice up boring carol singers at Christmas.  Danish musician and YouTube star Chili Klaus is a maverick who challenges people to eat some of the hottest chilis in the world and films them doing it.  He recently...
Donald Trump's administration is putting the lives of American citizens abroad at risk, a diplomat who resigned last week has said.  The State Department has been sidelined by the administration, which does not "realise the role we play," Elizabeth Shackelford told CNN.  Ms...
Hershey is near a $1.6bn (£1.1bn) deal to buy Amplify Snack Brands, according to CNBC, which cited unidentified sources familiar with the matter. The deal values Amplify, the owner of crisp brand Tyrrells, at $12 a share, CNBC said, which would represent a...
The international community has condemned Japan’s current whaling mission, and questioned the reason it has stated for plans to kill 333 minke whales in the Southern Ocean this year. The European Union was joined by 12 other nations in its call for Japan...
The European Commission will open an investigation Ikea's corporate taxes. The Swedish furniture giant has one division based in the Netherlands, which the Commission says may have been given unfair tax breaks by the Dutch government. European Competition Commissioner Margrethe Vestager said all...
A massive vote of confidence in Britain’s economy? That’s how Defence Secretary Gavin Williamson described BAE Systems’ £5bn deal to flog 24 Typhoon fighter jets to Qatar. There is, of course, another way to look at the transaction.  It’s also a massive vote of...