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ITV sales boosted by TV production arm

ITV sales boosted by TV production arm 12 May 2016 From the section Business Image copyright Getty Images ITV revenues rose in the first three months of the year, driven by a strong performance by its TV production arm. Revenues rose by 14% to £755m compared with the same time ...

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Corruption causes extremism, says PM

Corruption causes extremism, Cameron tells summit 12 May 2016 From the section Business Image copyright Getty Images Image caption David Cameron is hosting the anti-corruption summit in London, with US Secretary of State John Kerry (left) David Cameron said cracking down on corruption was needed to “tackle extremism”. The prime ...

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Edinburgh to London budget rail service

First Group to run Edinburgh to London budget rail service 12 May 2016 From the section Scotland Image copyright First Trains Image caption First Group is already running train services in Hull A new budget rail service between Edinburgh and London has been given the green light by the Rail ...

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London's FTSE 100 falls almost 1%

London’s FTSE 100 falls almost 1% 12 May 2016 From the section Business Image copyright AFP (Open): London’s FTSE 100 opened lower after a number of leading companies’ shares went ex-dividend. Shares in companies that have just paid out their half yearly segment of profits to shareholders tend to fall ...

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Sharp posts huge loss ahead of takeover

Sharp posts huge losses ahead of takeover 12 May 2016 From the section Business Image copyright Getty Images Japanese electronics giant Sharp posted a huge loss in its last annual earnings before being taken over by Foxconn later in the year. The struggling company announced an operating loss of 162bn ...

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Cyber attack halves TalkTalk profits

TalkTalk profits halve after cyber attack 12 May 2016 From the section Business Image copyright Getty Images Telephone and broadband provider Talktalk saw profits more than halve following a hack attack on its systems last October. Profits fell to £14m compared with £32m a year earlier. That fall is partly ...

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High heels-row firm changes policy

High heels row: Firm accused of sexism changes policy 12 May 2016 From the section London Media captionNicola Thorp said she was laughed at for asking if male colleagues were also expected to wear heels A firm that sent home a temp without pay for refusing to wear high heels ...

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Nissan shares drop on takeover reports

Nissan shares drop on news of tie-up talks with Mitsubishi 12 May 2016 From the section Business Image copyright AFP Shares in Japanese carmaker Nissan fell on Thursday after the company confirmed it was in talks to take a major stake in embattled rival Mitsubishi Motors. Nissan shares fell 2.4% ...

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Nissan in tie-up talks with Mitsubishi

Nissan and Mitsubishi Motors confirm tie-up talks 12 May 2016 From the section Business Image copyright Getty Images Japanese car makers Mitsubishi Motors and Nissan have confirmed talk of a capital tie-up as the former struggles with a scandal over falsifying fuel efficiency. Trading in Mitsubishi Motors’ shares was suspended ...

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New buyers desert housing market

New buyers deserted housing market in April, says Rics By Brian Milligan Personal Finance reporter 12 May 2016 From the section Business Image copyright Getty Images The number of people interested in buying a house in April fell to its lowest level for nearly eight years, according to surveyors across ...

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