Business

Marks & Spencer finance chief to step down

Humphrey Singer will work with chief executive Steve Rowe on succession process Marks & Spencer’s chief financial officer, Humphrey Singer, is stepping …

Holiday nightmare: big debts and bad luck push Thomas Cook to the brink

The tour operator’s banks are demanding £200m. Otherwise it will fail – leaving jobs at risk and customers stranded For the second …

Electricity and gas bills: now is the time to switch energy supplier

Getting a new fixed-price tariff before winter begins could save you £290 a year The experts are in agreement: now is the …

Credit cards: interest rates hit a record high

Customers who don’t pay off their bill in full each month face an average charge of 24.7% this month Interest rates may …

Student halls and food malls: House of Frasers turn over a new lease

As old leases expire, landlords look at innovative options to reuse department store sites House of Fraser in Wolverhampton is set to …

Even bankers are starting to think Corbyn might be the safe choice now | Andy Beckett

Faced with the Tories’ no-deal extremism and a glaring crisis in capitalism, the financial establishment is losing its fear of a radical …

‘The men who plundered Europe’: City of London practices on trial in Bonn

Billions of euros in EU taxpayers’ money was siphoned in ‘cum-ex’ scandal They have been called “the men who plundered Europe”: a …

British American Tobacco issued with £900m Dutch tax bill

Maker of Rothmans and Camel brands accused of avoiding tax on money channelled via Netherlands British American Tobacco is being pursued by …

Thomas Cook: plans made for biggest UK peacetime repatriation

Travel firm holding last-ditch talks to avert bankruptcy Up to 150,000 Britons holidaying abroad could be affected The government and the aviation …

Fresh blow for Neil Woodford as mattress maker reports losses

Eve Sleep, in which fund manager holds 31% stake, says losses due to competitors cutting prices Neil Woodford was dealt another blow …