LATEST BUSINESS NEWS

A British Airways plane

Thousands of holidays axed over Omicron restrictions

Selfridges sale

Selfridges sold to Thai and Austrian billionaires in £4bn deal

HMS Prince of Wales leaves Rosyth

Babcock sells power business to M Group Services in £50m deal

A tube of E45 hand cream

Reckitt to sell E45 skincare brand for £200m

Photo of Selfridges department store on Oxford Street in London.

Selfridges sold to Central Group and Signa Holding

Lloyds Banking Group

Lloyds online banking customers report issues logging in

People enjoying a night out in Soho, in London’s West End

Enforced closures ‘could back nightclubs into corner with no chance of survival’

A view of the Bank of England in the City of London

FTSE 100 lifts to six-week high as rebound continues

A London Underground sign against the night sky

Night Tube strikes to continue until summer 2022

Slow traffic on the M6

Bumpy start to first Christmas getaway in two years

A woman using a mobile phone

Christmas shoppers warned of scam parcel delivery texts

People pass a largely empty restaurant in central London

UK diner numbers slump to weakest level since May

Cars on the A2 in London

High demand for travel during first Christmas getaway in two years

Christmas shoppers

More than 35,000 retailers in financial distress as Omicron pressure mounts

Energy companies stress test

Price rises that overwhelmed energy suppliers to hit consumers in 2022

People using their smartphones at an Intel display

Intel apologises for asking suppliers not to use products from Xinjiang region

Balfour Beatty

Balfour Beatty’s US arm Communities to pay £49m after pleading guilty to fraud

Paddy Power shop

Flutter takes bet on Italian market with £1.62bn deal to buy Sisal