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The UK economy shrank by more than first thought in the three months to September, revised figures show. The economy contracted by 0.3%, compared with a previous estimate of 0.2%,…

By Suranjana Tewari and Peter Hoskins BBC News A third of the global economy will be in recession this year, the head of the International Monetary Fund (IMF) has warned….

Business groups are expecting government help with their energy bills to be halved after March, when the existing package of support expires. Allies of the chancellor said the support would…

Amazon aims to shed more than 18,000 roles as it cuts costs, the technology giant’s boss says. Affected workers will be informed from 18 January, chief executive Andy Jassy said in…

A key measure of China’s factory activity dipped again in November, according to the latest official figures. The Purchasing Managers’ Index (PMI) fell to 48, down from 49.2 in October….

An extra £1bn will be spent to insulate the UK’s least energy efficient homes, the business secretary has said. Grant Shapps said the new funding was part of a strategy…