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Online shopping

Morrisons signs deal with Ocado to launch online shopping

UK supermarket chain Morrisons (LSE:MRW) will offer online grocery shopping by January 2014, the company confirmed today. A long term agreement has been signed by Morrisons and online-only food retailer Ocado (LSE:OCDO) which combines affordable fresh food from Morrisons with …

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software

UK technology group Invensys to use proceeds from rail unit sale for acquisitions

UK-based technology company Invensys Plc (LON:ISYS) intends to spend a total of GBP600m (USD913m/EUR710m) on acquisitions in the next three to four years, focusing on targets in the

Tap Water

Severn Trent declines takeover bid by Borealis-led group

UK water and waste water treatment firm Severn Trent Plc (LON:SVT) said today it had turned down a conditional takeover proposal by Canada's Borealis Infrastructure Management Inc, the

Sales on in high street shops in Birmingham

Early Easter hits UK retail sales for April — BRC report

UK retail sales in April were affected by the earlier Easter this year, the British Retail Consortium (BRC) confirmed today.

A new report from the BRC shows that retail

UK Union Jack Mini Car

Strong growth for UK new car sales in April — SMMT report

New car registrations in the UK increased again last month, rising by almost 15% compared to the same period last year. The Society of Motor Manufacturers and Traders (SMMT)

Gasket

UK private equity firm Bridgepoint acquires France’s Flexitallic Group

UK-based private equity group Bridgepoint Capital Ltd has agreed to acquire French sealing solutions provider The Flexitallic Group from French buyout firm Eurazeo PME via a EUR450m (USD588.9m)

Picture: newsteam.co.uk

Supermarket chain Sainsbury’s in talks to acquire Lloyds’ stake in Sainsbury’s Bank

UK grocery retailer J Sainsbury plc (LON:SBRY) on Tuesday said it was holding advanced discussions over a deal to take full control of Sainsbury's Bank, a joint venture

Insolvency

Fewer corporate insolvencies in England and Wales in Q1

Corporate insolvencies in England and Wales have continued to fall, despite several high-profile retail failures in recent months. Official statistics released today by the Insolvency Service show that the

London property

UK financial regulator sounds warning over interest-only mortgages

The Financial Conduct Authority (FCA) has warned homeowners with interest-only mortgages that they need to take control of their mortgage repayment planning. Research carried out by the FCA, the

George Osbourne

UK’s 0.3% GDP growth in Q1 welcomed by business groups

Business groups have given a cautious welcome to the announcement this morning that the UK has avoided a triple-dip recession, with the economy growing by an estimated 0.3%

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