Business

British taxpayers are set to swallow a loss of just over £10bn on the 2008 rescue of Royal Bank of Scotland (RBS) as the government prepares to confirm that it has offloaded its last-remaining shares in the lender as soon as next week.

Donald Trump has threatened to impose a 50% tariff on the EU, starting from next month, after saying that trade talks with Brussels were "going nowhere".

President Trump's Friday flurry of pronouncements marks the return of negotiation by smartphone and may trigger another period of profound uncertainty for international trade and financial markets.

Donald Trump has issued advice on how UK energy bills could come down further, after households on the energy price cap were told they would see a 7% reduction from July.

The latest energy price cap announcement brings a welcome if modest reduction in prices for 22 million consumers, and valuable context to the politically corrosive debate over the Winter Fuel Allowance.

A £500m deal to end the two-year ownership impasse at the Daily Telegraph has been agreed "in principle", it has been announced.

The British-born newspaper-owner whose takeover of The Daily Telegraph appears to have been thwarted by a £500m deal with RedBird Capital Partners has called on the title's stakeholders to rally behind his bid instead.

The investment firm which has agreed to buy WH Smith's high street operations has been eliminated from the auction of Poundland, the struggling discounter.

Donald Trump hosted a dinner for investors in his meme coin on Thursday, as critics warned the US president was putting personal profit first.

The economy will have to be "strong enough" for the government to U-turn on winter fuel payment cuts, the business secretary has said.