Shares in Metro Bank have surged after it received an approach about a possible takeover by the US private-equity group Carlyle. The market value of the challenger bank, which did not say how much Carlyle might pay if a firm offer was made, soared to more than £242m in early trading on news of the deal as its share ...

Aston Martin’s losses widened in the third quarter of 2021 despite sales doubling year on year as it rolled out its new DBX sports utility vehicle targeted at wealthy female customers. Britain’s only large listed car manufacturer reported a loss before tax of £98m between July and September, up from £81m in 2020, in results published on Thursday. The ...

The Bank of England has left official interest rates unchanged at 0.1%. Despite a surge in inflation, the Bank’s nine-strong monetary policy committee (MPC) has decided to leave the cost of borrowing at the emergency level that it has been at since the start of the Covid-19 pandemic. The decision came as a surprise to the financial markets, which ...

Almost a month after Natasha’s Law came into effect, there have been reports that a number of businesses are still not labelling the ingredients in their products. An investigation by the Independent found that many food outlets it visited were still not providing ingredient information on pre-packaged food. Not only does this put customers at risk, but businesses that ...

From walking tours in Bath to visiting the sweeping coastal scenery of Hartland Quay in Devon and stately Mapperton House in Dorset, hits from Bridgerton to the period film Rebecca are providing the southwest of England with a TV tourism and production boom. The region has emerged as a fertile location for a string of big-budget series and films ...

Hundreds of thousands of businesses in England that appealed against their rates bills during the pandemic have yet to receive any relief from a £1.5 billion fund created by the Treasury in March, property experts have said. Between April 1 last year and September 30 this year 446,620 businesses logged requests to check their bills with the Valuation Office ...

A Goldman Sachs-backed broadband infrastructure company is planning to launch further acquisitions to “crack open” the BT and Virgin Media O2 “weak duopoly” after raising £1.1 billion and reaching one million homes. Greg Mesch, chief executive of CityFibre, said that the company was in “advanced conversations” with other alternative network providers that had a “compatible footprint with ours”. Mesch, ...

Mini sales have plunged by 25 per cent as the worldwide computer chip shortage continues to cause problems for carmakers’ supply chains. Deliveries of the car, two thirds of which are built in BMW’s Cowley plant near Oxford, dropped to 67,000 between July and September, down from 89,000 in the same quarter last year. BMW, the German owner of ...

The prices of Ikea furniture and homeware are to rise as a result of lasting disruption to its supply chain, the brand’s owner has warned, after increased costs of raw materials and transport knocked its full-year profits. Inter Ikea Group, the parent company of the Ikea brand, which is operated by a string of franchise businesses, said it expected ...

The Labour Party has been affected by a “cyber incident” involving its members’ data resulting in “a significant quantity” of party data “rendered inaccessible on their systems”. Labour said it was told on 29 October that it had been affected by the event by a third party firm that handled membership data on its behalf. The Information Commissioner’s Office ...