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Business

Business

GSK’s new boss moves to revive R&D ‘commercial rigour’

Just three months after she became chief executive of GlaxoSmithKline, Ms Walmsley today unveiled her priorities for the UK's premier drug-maker, at the centre of which a major shake-up whose consequences are likely to be long-lasting

Inventing electric cars is easy – now UK needs to reshape itself

The cars were slow, with a top speed of around 20mph, but - unlike petrol - they didn't smell, they didn't need gears and they didn't need starting with a hand crank

Gove rules out imports of US chlorine chicken in post-Brexit trade deal

The issue has taken centre stage amid fears that Britain might have to relax food standards to secure trade deals after it leaves the European Union

Hammond in a tough spot over anaemic UK economy

The economy is growing at an anaemic rate - 0.2% in the first quarter and 0.3% in the second. That's less than half the rate one might previously have considered normal

Brexit spurs JP Morgan to merge private bank

Sky News has learnt that JP Morgan is working on the merger, which would then see its UK wealth management arm become a branch of its new EU parent

Government to refund employment tribunal fees after Supreme Court ruling

The court ruled unanimously against the Government and found it was acting unconstitutionally when it introduced the fees - which can be up to £1,200

Sports Direct boss Mike Ashley wins court fight over ‘£15m deal made in pub’

Jeff Blue had alleged the tycoon made a business pact with him at a pub. He said Mr Ashley sometimes did business "in unorthodox ways and in unusual venues"

GDP grows 0.3% as sluggish start to 2017 continues

The Office for National Statistics said the slight improved performance was underpinned by the dominant services sector - which represents more than three-quarters of output

ITV blames ad revenue drop on ‘political and economic uncertainty’

The commercial broadcaster, home to shows such as The X Factor and Love Island, reported pre-tax profit fell 16% to £259m in the six months to June 30

Deadline looms for when you need to spend your old £1 coins by

People are being urged to dig out their old coins which stop being legal tender on 15 October

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