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A Jersey worn by the basketball legend Michael Jordan during the 1998 NBA Finals opening game has fetched an record $10.1 million (£8.85m) at auction. This sale sets a new record for a piece of sporting memorabilia which has been worn during a game. The item was part of Sotheby's two-part "Inv

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The Office for National Statistics (ONS) has reported a fall in retails sales volume of 1.6% for August continuing a downward trend since summer 2021 and significantly worse than expectations. This follows the lifting of restrictions on hospitality which has likely caused a shift in where consu

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Shell has announced that Ben van Beurden will step down as CEO at the end of 2022, and that his successor will be Wael Sawan. The change in leadership comes amid the current energy crisis and as Shell prioritises its future business focus on renewables. The incoming CEO, Mr Sawan, is currently 

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Accountancy and business advisory firm BDO is welcoming 26 new trainees across its offices in Glasgow and Edinburgh, with 600 joining nationwide. Ten of the new trainees will join BDO’s new Edinburgh office and 16 will join the firm’s office in Glasgow. A total of 20 of the trainees will

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The only painting created by London rapper and record producer Skepta has been sold at auction for £81,900, more than £20,000 over its estimated price of £40,000-£60,000. The piece, called "Mama Goes to Market", was painted by Skepta over one week in 2020, but was later tagge

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The new chancellor of the Exchequer, Kwasi Kwarteng, is reportedly considering a plan to scrap caps placed on bankers' bonuses. The cap to bankers' bonuses, which limits bonuses to 100% of fixed pay (and can be lifted to 200% under certain conditions), was introduced in 2014 following the global and

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