6 h. ago BP profits halve as oil major struggles to turn around business

FTSE 100 group plans to sell at least $3bn-$4bn of assets this year as it seeks to reduce debts

Economics

4 d. ago A top Goldman Sachs banker is moving from London to Milan as the City struggles to maintain its stature

A top Goldman Sachs banker is moving from London to Milan as the City struggles to maintain its stature  Business Insider

Politics

4 d. ago A top Goldman Sachs banker is moving to Milan as London struggles to maintain its stature

A top Goldman Sachs banker is moving to Milan as London struggles to maintain its stature  Business Insider

Politics

4 d. ago Public affairs firms in Europe enable pollution by lobbying for big oil, says analysis

Exclusive: EU Transparency Register shows law firms also among lobbyists working for fossil fuel companiesA handful of “small but dirty” public affairs and law firms in Europe are enabling pollution by lobbying extensively for big oil, an analysis has found, with most major companies in the industry working for at least one fossil fuel client.Several of the top spenders on activities to influence EU policymaking are on the payroll of oil and gas companies, according to an analysis of the EU Transparency Register by the Good Lobby nonprofit, but fossil fuel clients represent just 1% of the industry’s revenue. Continue reading...

Politics

6 d. ago UK private sector shrinks as export orders slump; state borrowing nearly £15bn above official forecast – business live

Eurozone private sector ‘broadly stable’ in April; stocks, dollar, oil prices rise on hopes of US-China trade dealUK annual borrowing exceeds forecasts by almost £15bnThe collapse in confidence and drop in output during April raise red flags for the economic outlook and add pressure on the Bank of England to reduce interest rates again at its May meeting, said Chris Williamson, chief business economist at S&P Global Market Intelligence.While recent months have been characterised by UK businesses treading water, broadly stagnating since last autumn’s budget, businesses are reporting more of a struggle to keep their heads above water in April.April’s fall in output was the largest recorded for nearly two and a half years, consistent with GDP declining at a quarterly rate of 0.3%, reflecting falling activity and demand across both manufacturing and services. Continue reading...

Economics

7 d. ago More than a third of Scots struggle to save for their future, despite nearly half working overtime

39% of employees in Scotland feel their current salaries don’t pay enough for them to meet their financial goals, such as purchasing a house or saving for their retirement.

Politics

1 week ago BP set for shareholder clash over climate goals as AGM season kicks off

The oil major’s board is likely to face conflicting pressures from shareholders against a backdrop of confusion and uncertainty for investors.

Politics

2 w. ago ‘They start breaking vehicles’: London business owner facing daily struggle with homeless

‘They start breaking vehicles’: London business owner facing daily struggle with homeless  CTV News

Politics

4 w. ago Scottish smaller businesses twice as likely to face barriers to finance as devolved nations peers

Smaller businesses in Scotland are the most likely to say they struggle to access finance among the UK’s devolved nations, according to new research from the British Business Bank in conjunction with Business Gateway.

Economics

4 w. ago High street banks to monitor struggling customers as bill rises kick in

Energy costs, water bills and council tax are some of the expenses which will be going up for many households.

Economics