Marconi says its former chairman won't receive a pay-off following his departure.

Interest rates fell to their lowest level for 37 years today but still failed to stop another swathe of job losses across Ireland and Britain.

British Airways executives have agreed to cut their pay by up to 15% in a move to help the airline through ‘‘difficult times’’ in the aftermath of the terrorist attacks in the United States.

Marconi's chairman and chief executive have resigned after the company issued its second profit warning in two months and axed a further 2,000 jobs.

Union leaders say 250,000 jobs are at risk as the UK's manufacturing sector officially slips into recession.

The Bank of England's Monetary Policy Committee has issued a statement explaining its reasons for cutting the base rate from 5.75% to 5.5%.

The Bank of England's Monetary Policy Committee has issued a statement explaining its reasons for cutting the base rate from 5.75% to 5.5%.

A UK-wide roadshow aiming to persuade workers at some of the country's leading companies to back a merger to create a new 1.2 million-strong super union is set to start.

Workers at a Rolls-Royce engineering factory are to stage a one-day strike next week after peace talks collapsed.

Thousands of people are expected to join a huge march and rally in protest at the decision to end car production at one of Vauxhall's UK plants.

Union leaders say they are ready to call for strikes at Vauxhall after they failed to secure a reprieve for a factory threatened with closure.

Union leaders say they are ready to call for strikes at Vauxhall after they failed to secure a reprieve for a factory threatened with closure.