LATEST BUSINESS NEWS

A Jobcentre Plus

Unemployment surges to three-year high as job losses soar in pandemic

Energy pylons

SSE sells stake in energy-from-waste projects for £995m

An Aldi supermarket

Supermarket sales surge but minimal signs of panic-buying

French Connection store

French Connection sees sales plunge after lockdown impact

Customers queuing at a Post Office branch

Cash deposits at Post Office branches recover to pre-lockdown levels

High street shoppers

Retail sales jump as people start early Christmas shopping

Microsoft

Microsoft ‘rings alarm bell’ after almost half of firms report turnover slump

Coronavirus

Boris Johnson defends restrictions on hospitality sector

Stock prices fall

PM’s statement, commodity stocks and strong pound drag FTSE lower

Amanda Staveley

Barclays attacks Amanda Staveley during latest leg of High Court battle

P&O Cruises has taken delivery of the largest cruise ship built for the UK market (P&O Cruises/PA)

New ship Iona ‘a very positive signal’ for cruise industry

Winners of the Nobel Prize in Economic Sciences Paul R Milgrom, left, and Robert B Wilson

American duo win Nobel prize in economics for improvements to auction theory

A bar sign in Manchester

Night-time industry launches legal challenge over local lockdown

The Bank of England

Bank of England asks lenders if they are ready for negative interest rates

Amanda Staveley

Businesswoman Amanda Staveley ‘cuts £1.6bn Barclays damages claim’

Alex Cruz

BA boss Alex Cruz shown the door amid coronavirus crisis

Mortgage products

Choice of mortgages shrinks as average rates offered on home loans increase

Notes and coins

Pay gap between ethnic minority and white employees ‘at lowest level since 2012’