Business

FTSE 100 lifted by upbeat Shell outlook

Image copyright Getty Images Royal Dutch Shell lifted the UK market after the oil giant signalled a stronger financial footing with the return of all-cash dividends. Shell said it was ending its scrip dividend programme, under which payouts can be made in shares instead of cash. The scheme had been introduced in 2015 to help […]

Business

Time Magazine sold in Koch-backed deal

Image copyright Getty Images Image caption US President Donald Trump pays close attention to who’s on the cover of Time magazine. US magazine publisher Time Inc will be bought by rival media company Meredith Corporation for $2.8bn (£2.1bn). The deal is backed by the billionaire brothers Charles and David Koch, who are known for supporting […]

Business

Counting down

Image copyright Marks&Spencer Image caption Marks and Spencer had a waiting list of more than 45,000 online customers for its 2017 calendar Advent calendars used to be a cheap way to count down to Christmas with a seasonal picture or chocolate treat, but behind the doors you can now find everything from expensive whisky to […]

Business

Budget 2017: Double Budget effect on your finances

Image copyright Getty Images Two Budgets in one year means the prospect of significant upheaval for your finances – adding to changes we already know about. Chancellor Philip Hammond will probably want his sequel to be less dramatic in political terms than his March Budget. Previous Budgets and government policy mean we need not wait […]

Business

Brexit paper opposes Irish border posts

Image copyright Getty Images Image caption The future management of the Irish border is one of three main priorities in UK-EU Brexit talks The government has said there must be an “unprecedented solution” for the border between Northern Ireland and the Republic after Brexit. A position paper detailing its proposals stresses the need to avoid […]

Business

Brexit: UK suggests 'temporary customs union' with EU

Image copyright Getty Images Image caption The EU’s customs union means members charge the same tariff on goods coming from other countries The UK has set out the “ambitious new customs arrangement” it wants to secure with the EU after Brexit. Ministers said the plans would mean the “freest and most frictionless possible trade” with […]

Business

Philip Hammond and Liam Fox in post-Brexit deal call

Image copyright Reuters Image caption Philip Hammond and Liam Fox have previously held opposing views on the Brexit process The UK will need a transition period to help businesses adjust after Brexit, the chancellor and the international trade secretary have said. In a joint Sunday Telegraph article, Philip Hammond and Liam Fox stressed any deal […]