Carmaker Ford has announced plans for a major shake-up of its operations in the UK and mainland Europe. It is expected to lead to thousands of job losses across Europe, including the UK, although cuts at its UK factories are not thought to be imminent. But Ford Europe boss Steven Armstrong said should the UK […]

The so-called “Super Saturday” before Christmas saw an incremental boost in shoppers, according to latest data from retail experts Springboard. High Street footfall rose by 1% on last year, and was up 6.9% on the previous Saturday, figures show. However, overall footfall still declined by 0.7% on last year. “It was a bit of a […]

A no deal Brexit could send the pound plunging and trigger a worse recession than the financial crisis, the Bank of England has warned. It said the UK economy could shrink by 8% in the immediate aftermath if there was no transition period, while house prices could fall by almost a third. The Bank of […]