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The latest news

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Consumer news…

One of Debenhams' largest investors dumps its stock in ailing department store

Today

Invesco, which owned 58.49m Debenhams shares, or 4.8 per cent of the company, has sold as the firm battles for survival.

Challenger banks reduce credit requirements and make it easier for first-time buyers

Today

Mortgage lenders are making it easier to get a mortgage, with a number relaxing restrictions on loan size and credit standards in the past week.

FTSE CLOSE: Retailer Office Outlet collapses Ocado counts cost of Andover fire

Today

The FTSE 100 closed 0.3 per cent higher, or 24.81 points, at 7,324, while the pound was at $1.33 against the dollar as traders await more news on Brexit.

Best buys: This is Money's pick of the top financial deals

Today

Each week we pick out our favourite financial deals to slash your outgoings and make your money stretch further. This week explores whether its worth hiring a financial adviser for retirement planning.

Stationery chain Office Outlet tips into administration putting 1,200 more retail jobs at risk

Today

As the latest in a string of retail collapses, Office Outlet said it fell victim to tough UK retail conditions, a shrinking stationery market and supplier issues.

Octopus Energy teams up with Amazon Alexa to let customers use voice assistant to curb energy usage

Today

Octopus has announced the integration of Agile Octopus, UK's only smart time-of-use tariff, making it the first energy company to combine real time energy pricing with voice automation.

Buffettology manager on how to pick shares that can beat the market

Today

The Sanford DeLand UK Buffettology Fund was one of only three UK All Companies funds to last year up, we speak to manager Keith Ashworth-Lord to find out how.

Pension advice: Should you pay for a financial adviser?

Today

Pension freedom created flexibility but also means ordinary people must make difficult financial choices, so should more savers seek professional financial advice? We take a look.

'Resilient' sofa and carpet seller ScS manages a profits

Today

The Sunderland-based firm - famous for its La-Z-Boy sofas -  made a profit of £545,000 in the six months ended January 26, compared with £414,000 in the same period a year earlier.

Eight questions every first-time buyer must ask when buying a flat   

Today

There are some key aspects of buying a flat that need to be addressed if you're going to avoid some of the common pitfalls of moving into your first home.

Sainsbury's hits back at watchdog over Asda merger and promises to slash prices by 10%

Today

The UK's second biggest grocer said today that it strongly disagrees with the Competition and Markets Authority's (CMA) initial report into the merger, which all but blocked the deal.

Shadow cast over Lloyds Bank's new wealth management venture

Today

The decision represents a setback for Lloyds' foray into wealth management alongside City investment firm Schroders.

Skoda is developing a system to allow couriers to deliver to your CAR

Today

The days of having to request for parcels to be delivered to your office or left with the neighbour because you're not home could soon come to an end thanks to a new Skoda smartphone app.

Bonmarche shares crumble as it posts THIRD profit warning in six months

Today

The struggling firm, which has 300 UK stores, said it expects to rack up losses of up to £6million, owing to a 'significant' sales slowdown at the start of March.

Salisbury to become the UK's first ultra-fast broadband city

Today

Around 22,000 premises will be linked up to 'full-fibre' lines that are capable of downloading films in seconds or transferring huge graphics files.

MARKET REPORT: Roman Abramovich making hay with holding that's not exactly a household name

Today

Abramovich was one of four investors who said last night they are selling a combined stake equal to 1.8 per cent in steel maker Evraz through companies they have holdings in.

Persimmon bosses paid another £90m: Trio pocket £193m in just two years

Today

Jeff Fairburn, Dave Jenkinson and Mike Killoran have been paid nearly £200m as they cash in on Help to Buy. Critics branded the 'egregious' payouts as 'completely inappropriate'.

Worldpay being bought by US rival in £32.5bn deal that creates one of world’s largest payment firms

Today

The business, once owned by Royal Bank of Scotland, is being snapped up by Florida-based Fidelity National Information Services.

ALEX BRUMMER: What if Government had disposed of RBS and held onto Worldpay in 2010?

Today

It would own a fintech payments champion valued at £32.5bn and ridded itself of a troublesome bank of the same value.

NS&I savings certificates rate to fall - should I transfer my cash?

Today

There are less than two months left before roughly half a million savers could be hit by a change that could wipe out a large chunk of interest.