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Royal Bank of Scotland welcomes Alison Rose to succeed Ross McEwan as its new CEO

Ms Rose was the heavy favourite to succeed Ross McEwan as boss at the publicly-owned bank.

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Rolls-Royce shares slumped as the company faces further delays with engine issues

Shares in the FTSE 100 firm slumped in early trading after the company said it faced delays solving problems with its Trent 1000 engines.

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Next sees price cuts in no-deal Brexit as half-year profits rise

The retailer reported a 2.7% rise in pre-tax profits to £319.6 million for the six months to July.

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Airbnb announces plans to go public in 2020

The company was founded in 2008 in San Francisco.

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£4 billion takeover of UK aerospace giant Cobham by a US-based Advent

The Business Secretary has called on the competition watchdog to assess the security implications of the sale to Advent International.

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UK Inflation rate 2019 plummeted to its lowest rate for almost three years

Figures from the Office for National Statistics (ONS) show the Consumer Prices Index (CPI) was 1.7% last month, compared with 2.1% in July.

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Barratt boss pockets £3.6m pay package after bumper bonuses

Chief executive David Thomas picked up £3.6 million in salary, benefits and bonuses for the year to the end of June.

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No sign of households stockpiling ahead of Brexit, figures suggest

Households bought 0.9% fewer items than the same quarter last year, suggesting ‘talk about stockpiling might be just that’, analysts Kantar said.

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Autumn housing market bounce fails to materialise in September

Buyers who hold their nerve while others hesitate amid Brexit uncertainty could find a good deal, Rightmove said.

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Eddie Stobart Logistics predicts annual profits to be “significantly below” expectations

The distributor said that “adverse performance” combined with an ambitious budget cut into the company’s earnings.

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Ovo to become second biggest energy provider after agreeing SSE deal

Ovo will have a combined household customer base of around 5 million after the deal.

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No-deal Brexit could spark recession, report warns

Scottish businesses are being urged to prepare for a recession.

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Mastercard to roll out cashback service incentive to retailers

Local shops and businesses will earn 12p every time they dispense cash to a shopper paying with a Mastercard debit card from April 2020.

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BAT cuts 2,300 jobs worldwide amid shift to invest in vaping

The cigarette-maker said more than a fifth of senior management roles would be affected.

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Galliford profits tumble 27% amid house-building tie-up talks with Bovis

The builder reported pre-tax profits of £104.7m for the year to the end of June.

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