LATEST BUSINESS NEWS

Woman at laptop

£8m losses reported due to fake PayPal emails

Demand for new cars fell by 1.6% last month compared with October 2019, new figures show (Gareth Fuller/PA)

New car market down 1.6% last month

Vaccine trials

AstraZeneca to present coronavirus vaccine data in fourth quarter

Bank of England

Bank injects £150bn into economy as England enters second lockdown

A piggy bank

Savings rates could fall even further, experts warn

Builders

Construction sector cooled in October but house building remains strong

Superdry shoppers

Superdry sales slide after pandemic restrictions hit stores

The Caterpillar factory at Larne in Co Antrim

US firm Caterpillar to axe up to 700 jobs in Northern Ireland

Nintendo Switch

Nintendo profit soars as pandemic boosts gaming market

Sainsbury's

3,500 jobs to go as Sainsbury’s axes meat, fish and deli counters

The Bank of England

Bank pumps another £150bn into economy as rates held at 0.1%

Rishi Sunak

Sunak to unveil new economic boost as England goes into lockdown – reports

The Bank of England

Bank ‘to unleash another £100bn of QE’ as double-dip recession fears mount

Selfridges Christmas Shop 2020

Selfridges reveals Christmas campaign despite stores’ temporary closure

Virgin Media van

Virgin Media rolls out gigabit broadband to London and Northern Ireland

Sainsbury’s

Sainsbury’s to cut more than 3,000 jobs – reports

US Election 2020

Markets hopeful of a Biden presidency and Republican senate

Small businesses

Banks must act responsibly when collecting Covid loans from businesses – FCA