Bloomberg Tesco Plc plans to raise store employees’ base pay by 7% as workers across the UK struggle to keep up with the rising cost of living. Store employees will get £11.02 an hour from early April, the retailer said, hailing the agreement with the USDAW union as the third pay increase in 10 months. Workers in London will ...

  Bloomberg Airbus SE should refrain from buying a stake in a division of French software company Atos SE because the purchase would represent an “extremely inefficient” use of funds and distract management at a time when it needs to focus on meeting delivery targets, activist investor Chris Hohn said. Owning a stake in the Evidian business would expose Airbus ...

Bloomberg UK Chancellor of the Exchequer Jeremy Hunt has as much as £30 billion ($36 billion) for short-term giveaways in next month’s budget after the public finances came in far better than expected in January. Borrowing since the fiscal year that began in April is running £22 billion below the level forecast by the Office for Budget Responsibility in November, ...