Higher fuel prices take toll on retail sales

UK retail sales posted a modest 1.4% rise in February compared with the previous month, but higher fuel prices have begun to hit pockets.Sales volumes fell by 1.4% for the three months to February, a sharper slide than the 0.5% decline ... — Read More

Toyota to invest £240m in UK plant at Burnaston

Toyota is to invest £240m in upgrading its UK factory that makes the Auris and Avensis models.The Japanese carmaker's investment in the Burnaston plant near Derby will allow production of vehicles using its new global manufacturing system.The factory employs about 2,500 ... — Read More

Deutsche Bank to raise billions with rights issue

Deutsche Bank plans to raise about 8bn euros (£6.9bn, $8.5bn) by issuing new shares.The share sale by the troubled German bank is part of a wider shake-up.The bank will partially float its asset management business and retain Postbank - the retail ... — Read More

Jobless rate remains at 11-year low

UK unemployment fell by 7,000 to 1.6 million in the three months to December, official figures show.It meant the jobless rate held steady at an 11-year low of 4.8%, the Office for National Statistics said.The employment rate edged higher to 74.6% ... — Read More

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