UK Business News

European Central Bank axes 500 euro note
Wed, 04 May 2016 17:10:01 GMT
The European Central Bank says it will no longer produce the €500 note because of concerns that it could help facilitate illegal activities.

Sainsbury's hit by falling food prices
Wed, 04 May 2016 16:14:04 GMT
Sainsbury's reports a fall in annual underlying profits as the supermarket price war continues to hurt the retailer.

Takata to double US airbag recall
Wed, 04 May 2016 17:52:18 GMT
Japanese airbag maker Takata has been forced to increase a recall after US authorities said they found further safety defects in its products.

Wonga sees losses double in 2015
Wed, 04 May 2016 10:05:04 GMT
The UK's biggest payday lender - Wonga - saw its losses double last year as tougher regulation in the industry continued to bite.

Adidas to sell bulk of golf business
Wed, 04 May 2016 12:17:15 GMT
Sportswear giant Adidas says it plans to sell most of its loss-making golf business in order to concentrate on shoes and clothing.

NYSE owner rules out bid for LSE
Wed, 04 May 2016 12:29:53 GMT
The owner of the New York Stock Exchange, Intercontinental Exchange (ICE), says it will not make a takeover offer for the London Stock Exchange (LSE).

Next cuts sales and profit forecast
Wed, 04 May 2016 07:05:35 GMT
Retailer Next warns that its sales and profits could be lower than previously forecast as it remains worried about a slowdown in consumer spending.

EU upholds tough rules on tobacco packs
Wed, 04 May 2016 10:36:51 GMT
Rules that will drastically alter cigarette packaging are set to be adopted, after big tobacco firms failed to block new European Union laws.

Apple loses fight over 'iPhone' in China
Wed, 04 May 2016 16:00:31 GMT
A Chinese company is free to use the name "IPHONE" on its handbags and leather goods after Apple loses a trademark court ruling in China.

Call to stop council tax bailiffs
Tue, 03 May 2016 23:56:37 GMT
Vulnerable residents with council tax debts should be given breathing space to repay arrears rather than face the threat of bailiffs, two charities say.

Expert regrets Bitcoin 'creator' blog
Wed, 04 May 2016 11:43:36 GMT
A Bitcoin expert expresses regret about the way he blogged support for an Australian's claim to have invented the crypto-currency.

Shell cuts spending as profits fall
Wed, 04 May 2016 16:13:13 GMT
Royal Dutch Shell says it will cut its spending by another 10% this year after warning lower oil prices will continue to affect its business.

Scam protection 'duty of businesses'
Tue, 03 May 2016 23:53:33 GMT
Businesses should take more responsibility to ensure their customers do not become victims of scams, according to a consumer group.

Miners and supermarkets weigh on FTSE
Wed, 04 May 2016 16:15:31 GMT
London's top share index closes down 1.2% with mining and supermarket shares among the biggest fallers.

Broadband ads 'mislead and must change'
Wed, 04 May 2016 10:43:04 GMT
The Advertising Standards Authority rules that broadband ads need to be clearer, following evidence the public do not understand current ones.

VIDEO: China: What's in a name?
Wed, 04 May 2016 19:27:08 GMT
Apple has been forced to share the iPhone name in China, but which other US brands have had similar problems in the country?

VIDEO: Will our clothes be 3D printed in future?
Wed, 04 May 2016 05:52:11 GMT
Fashion in the age of technology is being celebrated at the Metropolitan Museum of Art's Costume Institute exhibition.

VIDEO: Dealing with Mexico City's rising smog
Tue, 03 May 2016 23:42:16 GMT
The air quality in Mexico City dropped to its worst level in 14 years this March. The BBC looks at some of the solutions for dealing with air pollution.

VIDEO: Disrupting deliveries in Nairobi
Mon, 02 May 2016 23:21:32 GMT
Can Sendy take on the giants of delivery in Nairobi with the sharing economy?

VIDEO: Cashing in on the Philippine election
Wed, 04 May 2016 00:43:27 GMT
Money being spent on next week's general election in the Philippines is so huge it is likely to provide an economic boost.

VIDEO: 'Bank of Mum and Dad will only grow'
Tue, 03 May 2016 11:07:53 GMT
Independent property expert Louisa Fletcher says she can only see the "Bank of Mum and Dad" growing, but has a warning for parents.

VIDEO: Bitcoin 'creator': 'I want to be left alone'
Mon, 02 May 2016 06:59:55 GMT
Australian entrepreneur Craig Wright says he is Bitcoin creator Satoshi Nakamoto.

VIDEO: Did baked potatoes ruin the '£1 cafe'?
Mon, 02 May 2016 05:38:00 GMT
The BBC Business series My Shop visits revisits the cafe that opened in London, trying to sell every food item for £1.

Is Mike Ashley the right person to save BHS?
Tue, 03 May 2016 23:07:09 GMT
Could the Sports Direct boss be the saviour of BHS?

'Every bookmaker is crying out in pain'
Wed, 04 May 2016 10:01:40 GMT
'Every bookmaker is crying out in pain'

Syrian refugee students rebuild from Beirut
Tue, 03 May 2016 23:18:34 GMT
Syrian refugee students rebuild from Beirut

Repair businesses blossom in New York
Tue, 03 May 2016 23:11:55 GMT
The mending craze gripping New York

Bottling water in drought-hit California
Mon, 02 May 2016 23:13:31 GMT
Bottling water for profit in drought-hit California

Eureka! How to make discoveries at the speed of light
Mon, 02 May 2016 23:16:45 GMT
How cloud computing helps us discover at the speed of light

Solving delivery problems in a gridlocked city
Tue, 03 May 2016 09:36:04 GMT
How motorbikes can solve the last mile problem

Five reasons why we love department stores
Sun, 01 May 2016 23:40:57 GMT
Five reasons we still love department stores

The web boss who went from rugs to riches
Sun, 01 May 2016 23:44:52 GMT
The carpet seller who became a multimillionaire website boss