Business

Image copyright Getty Images The Court of Appeal is set to make a ruling over Heathrow’s expansion in a case described by green groups as massively significant. Judges will decide whether Heathrow’s expansion plans took into account climate change commitments. The case has been brought by local residents, councils, the mayor of London, and environmental […]

Image copyright Bhavik Masters Image caption Bhavik says his family’s firm has seen new interest from British buyers Thirty years ago Bhavik Master’s parents watched in dismay as orders for their fine knitwear, chunky winter jumpers and cardigans disappeared overseas. Retailers had discovered they could cut costs by ordering from Chinese manufacturers. Now though the

Image copyright Getty Images Apple’s chief executive Tim Cooke said the company would open its first physical stores in India in 2021 and a online outlet later this year. Apple had to seek special approval from the Indian government to open a store without a local partner. The announcement was made at the company’s annual

Image copyright Klarna Image caption Klarna was launched in the UK in 2014 Buy now, pay later services for online shoppers are growing at 39% a year, a report says, despite worries that young consumers are sleepwalking into debt. Operators such as Klarna and Afterpay allow customers to delay payment or buy through interest-free instalments.

Image copyright JUSTIN TALLIS Walmart says it may sell a majority stake in Asda, its UK supermarket, after “inbound interest” in the idea. The US retail giant said it was talking to a “small number of interested parties” about a possible investment. It comes after UK regulators blocked Walmart’s plan to merge Asda with Sainsbury’s

Image copyright PA Media A report has found parents in England, Scotland and Wales are paying 5% more on childcare for under-twos than a year ago – and 4% more for two-year-olds. Childcare now costs on average more than £130 per week for a part-time nursery place for a child under two, according to children’s

Image copyright Fortescue Metals Group Image caption Weir Group’s operations include a contract for Australia’s Iron Bridge Magnetite Project, as US oil and gas has been challenging Scottish engineering giant Weir Group has said it will focus on mining after suffering losses in US oil and gas. It said there was rising demand for metals

Image copyright Getty Images UK banking giant Lloyds and insurer Direct Line have both confirmed they will cut hundreds of jobs. Lloyds Banking Group has confirmed it will slash the equivalent of 780 full-time jobs this year across its branch network. Among the roles to go are customer advisers, banking consultants and branch managers. Direct

Image copyright Getty Images Oil giant Chevron has asked 300 staff at a London office to work from home as a precaution against coronavirus. Chevron took the step after one of its staff returned with flu-like symptoms from a country where there have been cases of the disease. The staff at the Westferry Circus office

Image copyright Getty Images The owner of Frankie & Benny’s and Chiquito is to speed up plans to close restaurants. Restaurant Group said it would close up to 90 of the restaurants and it will temporarily suspend its dividend. The group has been struggling with falling sales at those restaurants, which have offset stronger performances