Business

Image copyright Getty Images Online rail ticketing company, Trainline, hopes to raise £75m by listing its shares on London’s stock exchange. The site said the flotation cash would help to build its profile and pay for growth plans. The company is expected to float in June and will issue new shares to generate the additional […]

Image copyright Getty Images Image caption China carries out most of the mining and production of rare earth minerals China has been signalling that it may restrict the export of rare earth minerals to the United States as the trade conflict between the two countries escalates. It is by far the largest producer of these

Image copyright Getty Images A US move to put Huawei on a trade blacklist “sets a dangerous precedent” that will harm billions of consumers, the firm’s top legal officer said. Speaking at a press conference, Song Liuping said the trade ban would also “directly harm” American companies and affect jobs. Washington recently added Huawei to

Image copyright Rob Foldy/Getty Real Madrid has overtaken Manchester United and been named most valuable European football club, being worth about €3.22bn (£2.91bn) says KPMG. The Spanish club tops KPMG’s study of top sides’ “enterprise value”. The report, based on the 2016-17 and 2017-18 seasons, studied profitability, broadcasting rights, popularity, sporting potential and stadium value.

Image copyright Getty Images NatWest is the most complained about bank when it comes to handling fraud claims, a BBC probe has revealed. The Financial Ombudsman has seen a rise in complaints about NatWest, with it becoming the most complained about bank for fraud this year. In addition, in the last six months BBC Watchdog

Image copyright Reuters Government officials say they are making “good progress” in finding potential buyers for British Steel which collapsed last week. The Official Receiver said it had made contact with more than 80 potential purchasers, 60 of whom have been sent non-disclosure agreements (NDAs). NDAs give bidders access to information that helps them prepare

Image copyright Getty Images More than 200 Boots stores across the UK could be closed by its American owners Walgreens Boots Alliance (WBA) in a bid to cut costs. The shops – which are in areas where Boots has more than one store – are under review for possible closure. It is understood the review

Image copyright Getty Images Five-a-side football firm Goals Soccer Centres has warned of poor results for both 2018 and 2019, as it continues to try to recover from major VAT errors. It added that new accounting policies mean its 2019 results are set to be “materially” lower than expected and said it may not be

Image copyright Reuters Image caption The sale comes amid speculation Sports Direct is looking to take over more retailers Sports Direct has confirmed the sale of its headquarters in a £120m ($153m) deal with a Malaysian pension fund. Kwasa Logix Sportivo, said to be owned by the Employees Provident Fund (EPF), bought the freehold to

Image copyright Getty Images Administrators have begun another attempt to save High Street clothing chain Select and its 1,800 employees. Select went into administration on 10 May after a period of poor sales, putting 169 UK stores at risk. Administrators at Quantuma have proposed a second company voluntary arrangement (CVA) to try to cut costs.