Business

Harrods is preparing to take legal action against the estate of its former owner, Mohamed al-Fayed, as the multimillion-pound legal bill for compensating his sexual abuse victims continues to escalate.

The high street lender Metro Bank has been approached about a private equity-backed takeover in a move that could lead to the disappearance of another company from the London Stock Exchange.

The Middle East is the world's foremost oil-producing region and a major centre for maritime trade.

As hundreds lie dead following the latest tragedy to beset a Boeing passenger plane, it is too early to determine blame.

Rachel Reeves is a "gnat's whisker" away from having to raise taxes in the autumn budget, a leading economist has warned - despite the chancellor insisting her plans are "fully funded".

China will "always honour its commitments" when it comes to negotiating trade disagreements with the US, according to a spokesperson for the Chinese government.

The owners of American Golf, Britain's biggest specialist golf retailer, are teeing up a sale of the chain nearly seven years after rescuing the company.

The FTSE 100 has secured a new record closing high after riding out a US trade war-linked slump.

The UK economy shrank more than expected in April as the worst of President Trump's tariffs hit.

Thousands of jobs are at risk after discount high street chain Poundland was sold - with dozens of shops expected to shut.