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RBS warns of Brexit harm as profits double

Media playback is unsupported on your device Media captionRoss McEwan, boss of RBS Royal Bank of Scotland has reported profits of £1.62bn for 2018, more than double the £752m it made a year earlier. RBS…


US-China trade talks break up without deal

Image copyright Getty Images Trade talks between the US and China have broken up without a deal, with the US warning that “very difficult issues” remain unresolved. The talks in China this week were aimed…


UK retail sales bounce back in January

Image copyright Getty Images Retail sales bounced back sharply in January, rising by 1% on the previous month, official figures showed. The Office for National Statistics (ONS) said the amount of goods sold rose by…



Brexit: Theresa May suffers fresh Commons defeat

Media playback is unsupported on your device Media captionWhy did May lose another Brexit vote? Prime Minister Theresa May has suffered another Commons defeat after MPs voted down her approach to Brexit talks. MPs voted…


Lord Ahmed ‘took advantage’ of vulnerable women

Image copyright UK Parliament Image caption Lord Nazir Ahmed denies all the allegations against him A member of the House of Lords has been accused of exploiting his position to pursue sex with vulnerable women…


Amazon cancels New York City campus plan

Image copyright Getty Images Image caption Incentives promised to Amazon angered opponents Amazon has said it will not build a new headquarters in New York, citing fierce opposition from state and local politicians. The dramatic…


Patisserie Valerie rescue saves 2,000 jobs

Image copyright Reuters Patisserie Valerie is being bought out of administration in a deal that will save nearly 2,000 jobs. The management team at the coffee and cake chain has secured backing from investment firm…


Property repossessions ‘lowest since 1980’

Image copyright Getty Images The number of homes repossessed in the UK fell to its lowest level since 1980 last year, industry figures show. There were 4,580 homes repossessed by mortgage lenders from owners who…


German economy narrowly avoids recession

Image copyright Getty Images Image caption Confusion over new emission standards has hit the country’s car industry Germany’s economy just about avoided falling into recession during the final three months of last year. Europe’s largest…