Monday, 14 October 2019

French car manufacturer Renault has dismissed its chief executive, Thierry Bolloré, with immediate effect.

The current finance director, Clotilde Delbos, has been appointed to run the business on an interim basis.

Even a "relatively benign" no-deal Brexit would push UK debt to its highest since the 1960s, the Institute for Fiscal Studies (IFS) has said.

The think tank said borrowing was likely to rise to £100bn and total debt would

Unilever, which owns brands such as Surf and PG Tips, says it plans to halve the amount of new plastic it uses in a bid to appeal to younger shoppers.

The firm is responsible for producing 700,000 tonnes of new plastic a year.

The UK's economy may have tipped into recession following a downturn in the dominant service sector, according to closely-watched figures.

The IHS Markit/CPS purchasing managers' index for services fell to a six-month low of 49.5 in

Travellers are beginning to turn their backs on air travel over concern for the environment, according to a survey by Swiss bank UBS.

The Swedish concept of "flygskam" or "flight shame" appears to be spreading.

Credit Suisse's chief operating officer has resigned after a probe found he initiated surveillance of an executive who left to join rival UBS.

Private detectives were hired to track the Swiss bank's former head of wealth management, Iqbal Khan in

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