Business

The pound has reacted positively after Theresa May saw off a Tory vote of confidence in her leadership - but wobbled when the size of her majority became clear.

The British fintech start-up Revolut has secured a European banking licence that will pave the way for it to launch a comprehensive current account and consumer lending operation across the continent from next year.

Legal & General is plotting the sale of its general insurance operations in a move that could spur further consolidation in the UK market for home and contents cover.

Dixons Carphone has reported a half-year loss of £440m, with the electricals giant counting the cost of a tough mobile phone market.

Shares in Superdry have plunged by more than a third after it issued its second profit warning in less than two months - blaming mild weather for a potential £22m hit to its bottom line.

This Friday, almost un-noticed, one of the biggest events in financial history is set to come to an end.

Leading Conservative donors have thrown their weight behind Theresa May’s leadership by warning the party’s MPs that ousting her would pave the way for a Jeremy Corbyn-led government.

Sainsbury's and Asda are seeking to take the competition watchdog to a judicial review - saying they have not been given enough time to argue the case for their merger.

Sky has announced it is ending its long-standing involvement in professional cycling and Team Sky at the end of 2019, a move which could see the troubled team cease to exist after next season.

President Trump has said he would intervene in the case of Huawei's chief financial officer, who is wanted by the US Justice Department, if it could help close a trade deal with China.