Economists think the latest inflation reading will encourage the Bank of England to reduce borrowing costs at its next decision in December.

Chairman Paul Greenhouse spoke out after the petrochemical firm announced plans to close the Mossmorran ethylene plant in Fife.

Severn Trent boss Liv Garfield is to step down after 11 years at the helm as the water firm upgraded its full-year guidance. The supplier – which provides water and sewage services to more than 4.7 ...

The EU had proposed setting quotas in line with scientific advice, which had called for a 77 cut on current fishing levels.