Catalan bank moves legal base amid independence turmoil

Catalan bank moves legal base amid independence turmoil

Image copyright Getty Images Sabadell, the Barcelona-based bank, said it will move its legal base out of Catalonia following threats by the region’s leaders to declare independence. Spain’s fifth-biggest bank said it would start the process on Friday to move its legal domicile to Alicante. Its headquarters and employees will remain in Barcelona. The board […]

Fresh rail strikes hit services across England

Fresh rail strikes hit services across England

Image copyright Getty Images Rail strikes across England are under way for the second time this week. RMT union members at Southern, Merseyrail, Arriva Rail North and Greater Anglia have begun a 24-hour walkout. The industrial action is over plans to make train doors driver-only operated. Rail companies have said this means a guard is […]

Theresa May revives plan to cap energy prices

Theresa May revives plan to cap energy prices

Image copyright Getty Images Theresa May has promised to revive a plan to cap energy prices for an extra 12 million consumers, saving them an average of £100 a year. The idea was promised in the Conservative’s election manifesto, but there was no mention of it in June’s Queen’s Speech. The full details will be […]

Yahoo 2013 data breach hit ‘all three billion accounts’

Yahoo 2013 data breach hit ‘all three billion accounts’

Image copyright Reuters Yahoo has said that all of its three billion user accounts were affected in a hacking attack dating back to 2013. The company, which was taken over by Verizon earlier this year, said an investigation had shown the breach went much further than originally thought. The stolen data did not include passwords […]

Tesco fraud trial hears two staff quit over their concerns

Tesco fraud trial hears two staff quit over their concerns

Image copyright Julia Quenzler Image caption Christopher Bush (centre), former managing director of Tesco UK, Carl Rogberg (left), former finance director of Tesco UK, and John Scouler (right), former commercial director for Food. The trial into alleged fraud at Tesco has heard that two members of its finance department resigned in 2014 over concerns they […]

Uber boss to hold talks with TfL on London licence

Uber boss to hold talks with TfL on London licence

Image copyright Getty Images Image caption Mr Khosrowshahi became Uber’s boss just over a month ago Uber’s new chief executive will meet London’s transport commissioner later to discuss the firm losing its licence. Dara Khosrowshahi is meeting Mike Brown, who runs Transport for London, which has criticised the firm’s record over reporting criminal offences and […]

Monarch airline awaits package holiday licence decision

Monarch airline awaits package holiday licence decision

Image copyright PA Monarch is in last-ditch talks with the aviation regulator about renewing its licence to sell package holidays. The Civil Aviation Authority (CAA) extended Monarch’s licence by 24 hours on Saturday amid uncertainty about the company’s future. However, with the deadline now passed, the regulator has yet to announce a decision on what […]

Cabinet split harming business, says British Chambers of Commerce

Cabinet split harming business, says British Chambers of Commerce

Image copyright AFP Image caption Boris Johnson has described the cabinet as a “nest of singing birds” Public disagreements between cabinet ministers are undermining business confidence, the British Chambers of Commerce has warned. Business leaders are “growing impatient with division” at the heart of the government, particularly around the Brexit process, the group said. It […]

Ryanair backs down over passenger rights for cancellations

Ryanair backs down over passenger rights for cancellations

Image copyright PA Image caption Ryanair boss Michael O’Leary Ryanair has bowed to regulator demands and spelled out more options on offer to passengers affected by its planned flight disruption. It has avoided possible legal action by emailing those affected by more than 20,000 flight cancellations. On its site, Ryanair acknowledges it is required to […]

Mark Carney expects interest rate rise in ‘relatively near term’

Mark Carney expects interest rate rise in ‘relatively near term’

Media captionGovernor of the Bank of England Mark Carney hints interest rates may rise on Radio 4’s Today Interest rates could rise in the “relatively near term” the Governor of the Bank of England has told the BBC. In the clearest indication yet that there could be a rate rise as early as November, Mark […]