Business

THE BANK of England believes 75,000 jobs will be lost in the City after the UK leaves the EU, despite both HSBC and UBS predicting minimal changes. Daily Express :: City and Business Feed

BUDGET airline Ryanair will suffer a €25 million blow in the wake of its flight cancellation fiasco, but has still bolstered half-year profits by 11 per cent. Daily Express :: City and Business Feed

A TECH firm that provides concierge services to the wealthy is to raise up to £40 million by floating on the UK’s junior Aim market. Daily Express :: City and Business Feed

FASHION house Burberry has confirmed that its current president and former chief executive Christopher Bailey will leave the company at the end of 2018. Daily Express :: City and Business Feed

THE POUND is trending narrowly against the euro this morning, with GBP/EUR holding close to the four-week high struck at the end of last week as markets digest reports that the UK Government may be facing a £20 billion hole in public finances. Daily Express :: City and Business Feed

HOTEL Chocolat hopes to cash in on Halloween, with more Britons splashing out on it than ever before. Daily Express :: City and Business Feed

THE NUMBER of British wine producers has reached a record high after a 13 per cent increase last year, new research reveals. Daily Express :: City and Business Feed

FASHION retailer AllSaints has shrugged off a slide in full-year earnings, as costs linked to its international expansion and tech investments paid off with a 20 per cent jump in annual sales. Daily Express :: City and Business Feed

HSBC’S quarterly profits soared to $ 4.62billion as it pushed ahead with cost-cutting and reaped the rewards of growth in Asian markets. Daily Express :: City and Business Feed

IN SOME ways Barclays has made very impressive progress this year. The “Bad Bank”, containing underperforming and unwanted businesses, has been wound up, and the group has exited its majority holding in Barclays Africa. Daily Express :: City and Business Feed