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Amazon shares up as quarterly revenues surge

Amazon shares have risen in after-hours trading after it reported a better-than-expected 43% rise in first quarter sales to $51bn.

TSB 'on its knees' over online banking fiasco says boss

TSB boss Paul Pester has admitted the bank is on its knees as it struggles to recover from an online banking meltdown - and said it has taken a £10m hit to try to mitigate the impact on customers.

Carpetright wins backing for store closure plan

Carpetright has won backing for a rescue plan that will see dozens of stores closed and hundreds of jobs lost.

New UK banks challenge dominance of 'big four'

There may be all kinds of concerns about the cost of office rents in London and access to skilled workers following Brexit, but Britain's financial technology (fintech) sector is still firing on all cylinders.

FA receives £600m Shahid Khan bid for Wembley Stadium

FA receives £600m Shahid Khan bid for Wembley Stadium

The Football Association (FA) has confirmed receiving a bid for Wembley Stadium, in a deal Sky sources understand to be worth at least £600m.

Poundworld to axe up to 100 stores as high street turmoil goes on

Poundworld to axe up to 100 stores as high street turmoil goes on

Hundreds of jobs are under threat at the discount retailer Poundworld as its owners draw up plans to close more than a quarter of its 355-store estate.

Facebook to require authorisation and labels for political adverts

Facebook to require authorisation and labels for political adverts

Political adverts on Facebook will have to be labelled as such and display who paid for them, a senior company official has said.

New chapter for Waterstones as chain is sold to Elliott Advisors

New chapter for Waterstones as chain is sold to Elliott Advisors

Waterstones is getting a new owner as a hedge fund takes a controlling stake in the bookseller amid tough times for the high street.

Conduct charges push Barclays to £236m loss

Conduct charges push Barclays to £236m loss

Barclays dived into the red in the first quarter of the year, as a series of costs pushed the bank to a pre-tax loss of £236m.

SSE merger with npower could 'lead to higher prices'

SSE merger with npower could 'lead to higher prices'

The proposed merger between household energy suppliers SSE and npower is feeling the heat from competition regulators.

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