Business News:

Business Live: ECB axes €500 note
…Miners and supermarkets drag down FTSE 100. Construction PMI grows at slowest rate for almost three years. Sainsbury's reports slide in annual profits. Next warns on profits following poor sales.…


Business Live: Centrica plunges 12% on share sale
…Services sector growth slows to 52.3 in April. Centrica shares plunge almost 10%. Like-for-like sales at Morrisons rise 0.7%. Trinity Mirror axes the New Day newspaper. EE acquisition boosts BT…


Google's NHS data deal 'business as usual' says Prof
…A data sharing agreement between Google and the NHS is "business as usual", according to an intensive care professor acting as one of the search giant's consultants. Prof Hugh Montgomery from…


Standard Life acquires Axa's advisory platform business
…Standard Life has moved to boost its advisory platform business by buying insurance group Axa's UK portfolio services arm Elevate for an undisclosed sum. The transaction will give the group another…


Adidas plans sale of most of golf supply business
…The sportswear giant Adidas says it plans to sell most of its loss-making golf business. The company, which reported strong quarterly sales of its other businesses, said it wanted to concentrate on…


Business Live: FTSE 100 closes under 6,200 points
…Insolvency Service to probe BHS collapse. Manufacturing sector contracts in April. Australia cuts interest rates to a new record low. Lufthansa reports €8m net loss for first quarter…


'Tips should go to service staff' - Business Secretary
…the money goes to service staff and that the whole process is more transparent. It follows major criticism of some restaurant chains for failing to pass on tips to their waiters. BBC Business


Leaders discuss business rates on Holyrood campaign trail
business rates, but would retain the small business bonus scheme. The Scottish Labour leader said: "I'm travelling the country just now speaking to businesses all the time and the number one thing…


Johnson group buys Afonwen laundry business for £52.6m
business. "The addition of Afonwen significantly strengthens our quality and service offering within the high volume hotel linen sector," said JSG chief executive Chris Sander. "I have known Afonwen…


Business Live: Wednesday 27 April
…US Federal Reserve holds interest rates. Former BHS owner preparing bid. UK GDP slows to 0.4% in the first quarter. Barclays reports 25% slump in first quarter profits. Home Retail Group reports £804m…