Rolls-Royce plans ‘major restructure’ in bid to save £200m a year
Embattled engine-maker Rolls-Royce is planning to slash costs by up to £200 million a year in a bid to revive its fortunes.
Nationwide pre-tax profits up 34pc to £802m
Nationwide has posted a 34pc increase in pre-tax profits as it benefited from the continued boom in mortgage lending.
Poundland shares plummet 21pc after drop in profits
Shares in discount retailer Poundland have fallen more than 21pc in early trading after it revealed challenging first-half figures.
Easyjet confident passengers ‘will still want to fly’ after Paris attacks
EasyJet has said the Paris terror attacks will have a minimal impact on the budget airline as 'resilient' passengers will still want to travel.
BT’s Joe Garner announced as new Nationwide boss
BT Openreach chief executive Joe Garner is set to become the new chief executive of Nationwide.
Sharp fall in third quarter profits for Royal Bank of Scotland
Taxpayer-backed Royal Bank of Scotland has revealed a sharp fall in third-quarter profits.
Shell blames cancelled projects and lower prices for £4bn loss
Royal Dutch Shell has unveiled a 6.1 billion US dollar (£4 billion) loss in the third quarter as a result of cancelled projects and lower oil and gas prices.
BT merger with EE cleared by watchdog
The competition watchdog has provisionally approved BT's £12.5 billion merger with mobile phone firm EE.
Economic growth slows to 0.5pc
UK economic growth slowed more than expected in the three months to September, official figures show.
Gala Coral sells 130 bingo clubs ahead of Ladbrokes merger
Betting firm Gala Coral has announced the sale of 130 bingo clubs for £241 million.
