Business news blog

Labour in 'fiscal credibility' promise

After critics attacked the opposition over its spending plans, John McDonnell tells the BBC that any future Labour government will be “economically disciplined” and only borrow to invest.

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Adidas names new chief executive

Shares in Adidas rise as investors hope new chief executive Kasper Rorsted will help it to close the gap with US rival Nike.

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Retail's 2015 Christmas winners and losers

Christmas 2015 winners and losers

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Power firm SSE's pre-tax profits up 48%

SSE made an adjusted pre tax profit of just under ?549m in the six months to the end of September - up 48% on the same period last year.

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'Deep concern' over trade slowdown

A "deeply concerning" slowdown in trade, particularly with China, will lead to lower global economic growth this year, the OECD says.

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