Business


Can pubs stand many more Dry Januarys?

Image copyright Rocket Leisure/ Graham Turner Image caption The Old Street Records bar in Shoreditch “As a small independent bar group, we do feel a hit at the start of the year,” says Tom Jackman,…




Ryanair issues profit warning as fares fall

Image copyright Getty Images Ryanair has cut its profit forecast blaming lower-than-expected air fares. The airline’s chief executive, Michael O’Leary, said Ryanair could not rule out having to cut fares further. Fares are expected to…


Nissan says Ghosn received ‘$9m in improper payments’

Image copyright Getty Images Nissan and Mitsubishi said Carlos Ghosn received “improper payments” totalling 7.8m euros ($8.9m) from a joint venture between the carmakers. The claim follows a joint investigation by the companies into misconduct…


Housing market outlook worst ‘for 20 years’

Image copyright Getty Images The housing market outlook over the next three months is the worst for 20 years, surveyors say. A net balance of 28% of Royal Institution of Chartered Surveyors (RICS) members expect…


Nuclear plant in Anglesey suspended by Hitachi

Image copyright Horizon Nuclear Hitachi has said it will suspend work on a multi-billion-pound UK nuclear project because of rising costs. The decision puts thousands of jobs at risk if the £13bn plant at Wylfa…



Goldman boss apologises for 1MDB scandal

Image copyright Getty Images Goldman Sachs new boss has apologised to Malaysia for the role an ex-partner played in the corruption scandal at one of the country’s wealth funds. However, chief executive David Solomon also…