LATEST BUSINESS NEWS

City stock

FTSE hits new record as global stocks buoyed by US interest rates hopes

HSBC building

HSBC fields anger from pensioners amid plans to scrap bankers’ bonus cap

A ScotRail train

Workers on ScotRail to strike in dispute over role of guards

BP financials

BP set for slower first quarter profits and revenue amid lower oil prices

A railway station departures board

Train passengers face eight days of disruption

TGI Fridays sign

TGI Fridays operator Hostmore narrows losses after cost-cutting

A pint of lager in a pub

UK services sector grows at fastest pace for nearly a year after spending boost

Water running from a tap

Pennon’s south-east England water firm deal could harm regulation, says watchdog

An Asda store

Asda refinances £3.2bn of debt with higher interest rates

Rail Stock

Trainline passes £5 billion ticket sales amid UK rail travel recovery

Heathrow hotels

First quarter revenues rise at hotels giant IHG

An HSBC bank in Covent Garden, London

HSBC facing shareholder pressure over green finance ahead of AGM

Grenfell inquiry report

FTSE 100 ahead of European peers after dollar boost

A woman drinking wine at a business function

Doubts raised over demand for pints of wine ahead of September launch

Industrial strike

Rail companies suggest informal talks to resolve train drivers’ dispute

A Standard Chartered building

Standard Chartered shares jump after revealing higher profits

People look at a painting in the new Last Cage Down exhibition at the Mining Art Gallery

New art exhibition on demise of coal mining

A postman collects mail from a postbox

Royal Mail’s six-day delivery service must continue, says business minister