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Number in poverty rises to 8m, with 60% living in households where someone works Britain has seen a big jump in the working poor since the 1990s, with almost three out of five people below the official poverty line living in a household where at leas...

Supermarket tells investors its plans also include more upmarket Tesco Finest convenience storesRobot-driven supermarkets, upmarket convenience stores and a tenfold increase in plant-based ready meals will all fuel growth at Tesco, the company has sa...

Cryptocurrency could wipe out many businesses and further concentrate corporate powerEvery week, dozens of people walk into the Sunshine convenience store in Charlottesville, Virginia, to send money to relatives in other countries. They use a service...

The planned cryptocurrency has big questions to answer, not least on transparency and trust What is Facebook's new Libra digital currency? A way to stop money-transfer companies exploiting the world's poor by skimming off vast fees in cross-border ...

Mike Ashley-backed pitch hire operator is continuing to assess its options over unpaid VAT billGoals Soccer Centres, the struggling five-a-side football pitch operator backed by the retail billionaire Mike Ashley, has appointed advisers to look for a...

International Airlines Group announces plans despite safety fears after two crashesThe parent company of British Airways has announced plans to buy 200 Boeing 737 Max aircraft, despite safety fears surrounding the grounded model after two crashes.The...

Airlines bear brunt of cost with easyJet alone putting its compensation bill and lost revenue at £15mThe drone attack that disrupted Gatwick for three days in December cost the airport just £1.4m.While early estimates of the costs ran into tens of mi...

Release of colour images adds more clarity to debate but fails to prove responsibilityThe sophistication of the attacks on two shipping tankers in the Gulf of Oman last week had already led most independent analysts to conclude Iran was responsible f...

Global trade war fears deepen after US president reopens EU spat after talk of new rate cut planDonald Trump has accused the European Central Bank (ECB) of unfairly manipulating the euro, further raising the stakes for Washington in its trade and dip...

German capital's government agrees outlines of law in latest attempt to halt runaway gentrificationBerlin's government has agreed to freeze rents in the German capital for five years from 2020 in the city's latest attempt to halt runaway gentrific...

Dominic Chappell also faces charges of allegedly buying two yachts to launder moneyFormer BHS owner Dominic Chappell has appeared in court to face charges of a £500,000 tax fraud and allegedly buying two yachts to launder money.Chappell, 52, of Dorse...

Neil Woodford debacle could be 'very big problem' if it undermines trust, warns Bank of England policymakerFidelity has banned its customers from putting new money into a second Woodford fund, dealing another blow to the star fund manager whose rep...

Nobody needs a £1 bikini. This is a hugely polluting industry and it's pathetic that ministers have refused to actHow long would you expect to keep a bikini that cost only a quid?It's always possible that women will treasure forever something costi...

Patisserie Valerie's substitution of marge caused shock - but it's part of an infamous tradition blighting the restaurant industryThe revelation that struggling bakery chain Patisserie Valerie was so strapped for cash under its previous management ...

Digital currency will let billions of users make transactions but is raising privacy concernsFacebook has announced a digital currency called Libra that will allow its billions of users to make financial transactions across the globe, in a move that ...

Pitiful service and sky-high fares lay bare the myth of 'market efficiency'. Politicians must stop dodging responsibility The TSSA trade union has sounded the alarm on Northern Rail. The Transport Salaried Staffs' Association, a union for workers ...

Watchdog could get new powers over mobile, broadband and insurance providersFirms that exploit consumer loyalty by overcharging longstanding customers could soon face instant fines under plans unveiled by the government.The "loyalty penalty� is estim...

Plans unveiled to lower M25 and reroute rivers as campaigners warn of environmental impactThe scale of the disruption from Heathrow airport's expansion project has been revealed with the publication of detailed plans to lower the M25 for the third r...

New car sales rose by 0.1% in May as a jump in demand in Germany and France offset falls in the UK, Spain and Italy 8.06am BST Good morning, and welcome to our rolling coverage of the world economy, the financial markets, the eurozone and business.Ne...

There was outrage when it was suggested a waiter should pay towards the bill of diners who had done a runner. We asked readers to share their most memorable experiences of working in bars and restaurantsThis weekend it emerged that the restaurant cha...