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SIG shares were down 22%, on course for their worst single day ever

SIG warns on earnings, CEO to go, shares dive

UK building materials supplier SIG said its chief executive Stuart Mitchell would step down immediately and warned on full-year profit citing weak trading hurt by Britain's vote to leave the European Union.

Business • 11 Nov 16

EU slashes its economic growth outlook for Britain in 2017 due to the impact of the Brexit vote

EU edges up euro zone growth outlook for 2016

The European Commission has today raised its euro zone growth forecast for this year but trimmed it for next year.

Business • 09 Nov 16

UK govt given go-ahead to challenge Brexit ruling

The British government has been given the go-ahead to challenge a High Court ruling that the Prime Minister must seek MPs' approval to trigger the process of taking Britain out of the European Union.

News • 08 Nov 16

Alain Juppe reaffirmed pledges to scrap a wealth tax and cut corporate tax if elected in May

French presidential candidate pledges tax cuts

France must fix its "many mistakes" on tax if it is to benefit from an exodus of business from London after Britain's vote to quit the European Union, the man tipped to be France's next president has said.

Business • 25 Oct 16

Around 7,000 people are living in the northern half of the camp

Hollande wants 'Jungle' camp dismantled

French President Francois Hollande has said on a visit to the port of Calais that the sprawling "Jungle" migrant camp there must be "completely dismantled".

News • 26 Sep 16

Jean-Claude Juncker urged Britain to begin the process of leaving the EU as soon as possible

Juncker says EU not at risk after Brexit

The future of the European Union is not "at risk" from Britain's decision to quit the bloc, European Commission head Jean-Claude Juncker said this morning.

News • 14 Sep 16

The fall in the value of the pound makes British goods cheaper to export on the global market

British inflation rates unchanged for August

British inflation rates were unchanged at 0.6% last month as rising food and transport prices were offset by a slip in the cost of clothing, wine and hotels.

Business • 13 Sep 16

UK's Brexit Minister David Davis to set out more details

UK's Brexit minister to set out more details

Britain's minister in charge of exiting the European Union will set out more detail on the government's plans for Brexit in a statement to parliament today.

Business • 05 Sep 16

Sigmar Gabriel said the EU was in danger if Brexit is badly handled

German minister in warning over Brexit

German Economy Minister Sigmar Gabriel said that if Britain's exit from the European Union was badly handled and other countries followed its lead, Europe would go "down the drain".

News • 28 Aug 16

Loans for house purchases in the UK slipped 5% to an 18-month low of 37,662 in July

UK mortgage approvals slump post-Brexit

The number of mortgage approvals in the UK slumped to a one-and-half-year low in the month after the Brexit vote, according to a high-street banking report.

Business • 24 Aug 16

Economists had expected a surplus of £1.6bn in July - but the actual figure was well below that

British finances reach lower-than-expected surplus

Britain’s public finances reached a lower-than-expected surplus a month after the Brexit vote, despite a bumper haul from corporation tax receipts.

Business • 19 Aug 16

Asda is facing pressure from German discounters and online shopping

Asda posts worst quarterly performance on record

Struggling supermarket chain Asda has posted a 7.5% fall in like-for-like sales in the second quarter.

Business • 18 Aug 16

Input prices rose 4.3% in the year to July, compared with a drop of 0.5% in the year to June, as it was partly impacted by the fall in the value of the pound, which drove up the cost of imported metals and chemicals

UK inflation rises to higher-than-expected 0.6%

UK inflation rose to a higher-than-expected 0.6% last month as the increasing cost of motor fuels and second-hand cars drove up transport prices.

Business • 16 Aug 16

The sales jump came in the face of reports that retailers could be in line for a sales slump as consumer activity slowed in the wake of the Brexit vote

UK retail sales rose 1.9% in July

Discounts and summer sunshine kept British shoppers spending last month despite fears of a post-referendum slowdown, a report said.

Business • 09 Aug 16

There is an increasing expectation that Britain will slip into a recession following the Brexit vote

British PMI boosts rate cut expectations

Britain's economy is shrinking at its fastest rate since the financial crisis after last month's Brexit vote, making a Bank of England rate cut tomorrow a "foregone conclusion", a closely watched survey of businesses showed.

Business • 03 Aug 16

Britain will be hit harder after the June 23 vote to leave the European Union

EU cuts euro zone, UK growth forecasts after vote

The European Commission has revised down its forecasts for growth in the euro zone and in Britain after the British vote to leave the European Union, in early estimates unveiled last night by the economic affairs commissioner Pierre Moscovici.

Business • 12 Jul 16

Thousands of people attended a protest against Brexit in London last week

Petition seeking second Brexit vote rejected

The British government has formally rejected a petition with more than 4.125 million signatures calling for a second referendum on Britain's membership of the EU.

News • 09 Jul 16

The IMF cut the growth forecast for 2017 to 1.4%, from the earlier 1.6%

IMF cuts growth forecast for euro zone

The International Monetary Fund has cut its growth forecast for the euro zone, citing the fallout from Britain's shock vote to leave the European Union.

Business • 08 Jul 16

Sterling has gained 0.7% to $1.3029 and nearly 1% to 85.03 pence per euro in early afternoon trade

Sterling steadies after recent falls

Sterling has traded flat against the dollar and higher against the euro as more signs of political and economic turbulence after Britain's vote to leave the European Union stopped short of providing a clear catalyst for more sales.

Business • 07 Jul 16

Michael Gove received 46 votes, eliminating him from the contest

Gove 'disappointed' after Tory race elimination

Michael Gove has said he is "naturally disappointed" following his elimination from the race for the Conservative Party leadership, leaving front-runner Theresa May and Andrea Leadsom as the final two candidates.

News • 07 Jul 16

Wolfgang Schaeuble was speaking following British plans to cut tax

Schaeuble warns against race to bottom on tax

German Finance Minister Wolfgang Schaeuble has said he opposes a race of competitive tax cuts in Europe after Britain said it may slash corporate tax.

News • 06 Jul 16

John Chilcot said Tony Blair committed British troops to the 2003 invasion before peaceful options were exhausted

Peaceful options on Iraq not exhausted - Chilcot

Tony Blair presented evidence about Saddam Hussein's weapons of mass destruction "with a certainty that was not justified", a long-awaited report into the Iraq War has concluded.