City News

Equal pay is being hit by the low proportion of women in full-time work, a study has found

'Not enough women work full-time'

The UK has climbed up an international table for women's employment and pay but is being hit by a low proportion of women in full-time jobs, according to a new study.

UK-China partnerships announced

Partnerships between the UK and China expected to be worth £150 million over the next five years have been announced at a creativity festival launched in Shanghai by the Duke of Cambridge.

Merger news pushes stocks higher

The Nasdaq composite closed above 5,000 for the first time since its dot-com era peak nearly 15 years ago after merger news and an encouraging economic report helped push US stocks broadly higher.

Monthly rise in mortgage approvals

More signs of recovery have emerged in the mortgage market after figures showed a rise in the number of approvals for the second month in a row.

Trinity Mirror revives dividend

Trinity Mirror's titles include the Daily Mirror, Sunday Mirror, Sunday People, Daily Record and Sunday Mail as well as regional newspapers

Publisher Trinity Mirror is to pay its first final dividend since 2008 after annual profits rose despite sliding print revenues weighed down by lower supermarket advertising spending.

M&S to close five China stores

Marks & Spencer is to close five stores in China and shrink its Shanghai head office as part of a strategic shake-up, the retailer said today.

Warning as Thorntons profits fall

Profits have melted by 9% at chocolate retailer Thorntons after a "disappointing" half-year, with a warning of more tough times to come.

High executive pay 'hitting trust'

Some 52% of those surveyed identified anger over senior levels of executive pay

Half of company directors believe that excessively high pay for executives is the biggest threat to public trust in business, according to a new study.

Call to publish EU membership cost

Brian Binley said he believed that being part of the European Union is "too costly politically and economically" for Britain

The true cost of Britain's membership of the EU should be calculated and published by the Government before any negotiations with Brussels over reforms ahead of an in/out referendum, a Tory Eurosceptic MP said.

EU rules row on Brussels influence

Business for Britain said 64.7% of all laws in force today either originate in the EU or are deemed by the House of Commons library to be EU-influenced

A row has erupted over the impact of European Union regulations on Britain after a campaign group claimed that nearly two thirds of UK law was either made or influenced by Brussels.

Quarter 'want more public spending'

A majority of voters surveyed backed continued austerity after May's general election

Almost a quarter of voters think public spending cuts should be halted or spending increased, regardless of the effect on the UK's deficit, a poll has found.

Manufacturers boosted by EU orders

Manufacturers have reported a strong start to 2015

Britain's manufacturers are reporting signs of improved demand from customers in Europe, which is helping to boost confidence in the industry for the rest of the year.

North Sea fund urged by Brown

Gordon Brown is urging the creation of a North Sea reserve fund to help the oil industry

Gordon Brown is calling for the creation of a North Sea reserve fund to help the oil industry in one of his final speeches before stepping down as a politician.

BA flies high in superbrands table

British Airways has topped a table of superbrands (BA/PA)

British Airways has retained its title as the UK's leading consumer superbrand as some of the oldest household names beat off competition from younger competitors.

Pensions shake-up a risk - minister

Steve Webb says the Government's pension reforms are intended to "set people free"

The minister behind the Government's pensions shake-up has said the policy is a "risk" because it relies on people managing their own finances.

Starter homes 'with a 20% discount'

The average cost of a first home is now £218,000

Young first-time buyers are being urged to sign up to a Government scheme aimed at providing starter homes at a 20% discount which David Cameron said could be a "game changer".