UK Business News

UK told to pay £1.7bn extra to EU
Fri, 24 Oct 2014 07:41:37 GMT
The UK has been told it must pay an extra £1.7bn (€2.1bn) towards the European Union's budget because the economy has performed better than expected in recent years.

Standalone TSB picks up customers
Fri, 24 Oct 2014 07:36:06 GMT
Newly independent bank TSB says it is attracting more new customers than it had expected.

Microsoft profits fall on Nokia deal
Thu, 23 Oct 2014 21:53:37 GMT
Microsoft reports a fall in profits as a result of the cost of job cuts and its purchase of Nokia's smartphone business earlier this year but rising revenue cheers investors.

Job centres to get digital makeover
Thu, 23 Oct 2014 23:12:33 GMT
Computer workstations, electronic signature pads and free wi-fi are rolling out across UK job centres.

Qantas back on track to profit
Fri, 24 Oct 2014 04:28:57 GMT
Australia's troubled national carrier Qantas says it is on course to deliver its first pre-tax profits this year in the three months to September.

Amazon reports increased losses
Thu, 23 Oct 2014 20:40:43 GMT
Amazon shares plunge over 10% after the company reports a third-quarter loss of $437m (£273m), bigger than many analysts expected.

Tesco shares slump on profits error
Thu, 23 Oct 2014 17:11:44 GMT
Tesco shares close 6.5% down after the retailer announced that profits were overstated by £263m, £13m more than the original estimate.

China's property prices decline
Fri, 24 Oct 2014 06:26:37 GMT
China's property prices fall 1.3% in September, marking the first year-on-year fall in the sector.

Asian shares up on US earnings
Fri, 24 Oct 2014 02:10:50 GMT
Asian shares move up on Friday, taking their lead from the US where markets closed higher after strong company results boosted investor sentiment.

Brazilian firms up bid for Chiquita
Thu, 23 Oct 2014 17:29:59 GMT
Brazil's Cutrale and Safra groups up their bid for banana giant Chiquita after their initial offer was rejected earlier this month.

Lorry tax take bigger than expected
Thu, 23 Oct 2014 12:51:27 GMT
A new tax on foreign heavy goods lorries coming to the UK could rake in twice as much as the government expected, new figures suggest.

Japan court backs pregnant woman
Thu, 23 Oct 2014 11:59:21 GMT
Japan's Supreme Court backs a woman who unsuccessfully sued her employer following a demotion due to her pregnancy.

New North Sea oil field discovered
Thu, 23 Oct 2014 19:18:39 GMT
Oil firms BP and GDF Suez announce they have discovered a new field in the UK Central North Sea.

Nokia back in profit as sales rise
Thu, 23 Oct 2014 11:25:36 GMT
Nokia's fortunes since selling its mobile handset unit to Microsoft appear to be improving with the Finland business returning to profit.

UK retail sales fall in September
Thu, 23 Oct 2014 13:41:03 GMT
UK retail sales fall 0.3% September, adding to signs that the economic recovery may be losing steam.

Housing market in UK 'is cooling'
Thu, 23 Oct 2014 14:27:40 GMT
Mortgage activity dropped in September compared with a year ago signalling a UK housing market that is "continuing to cool", banks have said.

Call to scrap term-time holiday ban
Thu, 23 Oct 2014 23:03:31 GMT
Council leaders call for a more "common-sense approach" to term-time holidays.

Lloyds expected to cut 9,000 jobs
Thu, 23 Oct 2014 00:04:03 GMT
Lloyds Banking Group is planning to cut around 9,000 jobs - around a tenth of its entire workforce - over the next three years, the BBC understands.

Pension plan for regular job movers
Thu, 23 Oct 2014 11:08:00 GMT
Thousands of people who move jobs regularly will no longer be pushed into cashing in or moving their workplace pension, under government plans.

New home building at seven-year high
Wed, 22 Oct 2014 23:03:24 GMT
Builders are preparing to construct new UK homes at a rate not seen since the before the financial crisis, new figures show.

South Africa growth forecast slashed
Wed, 22 Oct 2014 15:15:52 GMT
South Africa's new finance minister cuts the country's economic growth forecast from 2.7% to 1.4%.

Japan's exports jump in September
Wed, 22 Oct 2014 09:06:24 GMT
Japan's trade deficit edges higher in September despite exports growing at their fastest pace in seven months.

The king of discount voucher codes
Sun, 19 Oct 2014 23:26:34 GMT
How Mark Pearson, the boss of discount offers website My Voucher Codes, set up the business and became a self-made multi-millionaire.

The Chinese tycoon who loves animals
Wed, 15 Oct 2014 19:19:15 GMT
Huang Nubo, the founder of property and leisure giant Beijing Zhongkun Investment Group, explains his unique approach to business.

Boom times for Ethiopia's coffee shops
Wed, 15 Oct 2014 23:08:26 GMT
As Ethiopia's economy continues to expand, business is growing strongly for coffee shops in the capital Addis Ababa.

'Hold Qatar World Cup in May'
Fri, 24 Oct 2014 05:59:11 GMT
Europe's biggest football clubs consider asking Fifa to hold the 2022 World Cup in May to avoid the intense summer heat.

Caterham could miss United States GP
Thu, 23 Oct 2014 16:52:07 GMT
Bosses of the Caterham F1 admit they will struggle to race in the USA next weekend if they cannot resolve a dispute with administrators.

World Cup ticket sales near 1m
Thu, 23 Oct 2014 09:49:04 GMT
A total of 950,000 tickets were sold for the 2015 Rugby World Cup during September, organisers say.

Silicon Valley's billion dollar failures
Thu, 23 Oct 2014 23:04:53 GMT
Silicon valley's billion dollar start-up failures

China's billionaires' club
Thu, 23 Oct 2014 19:00:09 GMT
A peek inside the richest club in China

The Brazilian walk-in siesta centres
Wed, 22 Oct 2014 23:09:10 GMT
Renting a cubicle for a power nap

Tesco's next move: Expert views
Wed, 22 Oct 2014 23:12:28 GMT
How can the supermarket turn its fortunes around?

How to manage a fast-growing firm
Wed, 22 Oct 2014 19:11:51 GMT
The risks facing firms that grow too fast

India's love affair with gold set to deepen
Wed, 22 Oct 2014 19:11:25 GMT
Why India's love affair with gold is deepening

Supermarket supplies: The hidden world
Wed, 22 Oct 2014 11:48:00 GMT
The story behind the promotions at the end of the aisle

Can data predict the perfect entrepreneur?
Tue, 21 Oct 2014 23:10:01 GMT
Why being over 40 makes you the perfect entrepreneur