Business

ONE of Britain’s biggest engineers, GKN, has ditched its incoming chief executive weeks before he was due to take charge after another big writedown at the business he used to run. Daily Express :: City and Business Feed

RETAIL sales rose 0.3 per cent in October from the previous month as shoppers forked out for second-hand goods. Daily Express :: City and Business Feed

STRONG growth at its European parcels business GLS delivered higher half-year profits for Royal Mail. Daily Express :: City and Business Feed

ASDA continued its turnaround after three years of falling sales with its second straight quarter of same-store growth. Daily Express :: City and Business Feed

BRITAIN is sending over £72million worth of overseas aid to a new Chinese rival to the World Bank – a move that will anger President Trump’s administration. Daily Express :: City and Business Feed

PHILIP Hammond’s Autumn Budget next week is expected to outline an economy “that works for everyone”. But when will the Chancellor deliver the budget and what to expect from it? Daily Express :: City and Business Feed

LONDON firms have already lost 4,000 jobs to Paris because of Brexit, French officials have claimed. Daily Express :: City and Business Feed

THE Bitcoin price has soared to $ 8,000 on major trading exchanges as of this morning. Daily Express :: City and Business Feed

TAKEAWAY ordering group Just Eat has been cleared to gobble up Hungryhouse in a £200 million deal. Daily Express :: City and Business Feed

THE pound has risen against the euro this morning, extending its gains from yesterday’s uptick in retail sales figures and being bolstered by a drop in the US dollar. Daily Express :: City and Business Feed