Check out our latest round-up of business & finance news
The company behind Bargain Booze and Wine Rack is to appoint administrations within a fortnight. This puts 2,600 jobs at risk as well as threatens supplies to pubs.
The Nasdaq index dropped almost 60 points on Wednesday. This comes after calls for tighter regulation of tech firms, competition concerns and questions over autonomous driving.
Funding from big banks for “extreme” fossil fuels jumped by 11%, with finance for highly polluting tar sands projects more than doubled.
The Office for National Statistics reported that a full year household ‘saving ratio’ fell to just 4.9% from 7% in 2016.
Futures trading giant CME Group reached a deal to buy NEX Group for £3.9 million. The transaction is expected to close in the second half of 2018, pending approval of regulators.