UK Business News

US economic growth surges by 4%
Wed, 30 Jul 2014 13:45:13 GMT
The US economy grew by 4% in the second quarter, according to a preliminary reading by the US Department of Commerce, beating expectations.

Energy firms to 'double' margins
Wed, 30 Jul 2014 14:55:18 GMT
The big six energy firms are set to double their profit margins over the next year, according to estimates by the regulator, Ofgem.

New banker rules 'could hurt London'
Wed, 30 Jul 2014 13:39:58 GMT
Bank of England plans to penalise badly-performing bankers could put London at a disadvantage as a financial centre, says banking industry body BBA.

HSBC closes some Muslims' accounts
Wed, 30 Jul 2014 12:50:51 GMT
HSBC bank writes to Finsbury Park Mosque and other Muslim organisations around the UK giving them notice their accounts will be closed.

Airbus says plane market 'strong'
Wed, 30 Jul 2014 15:24:29 GMT
Airbus says the market for commercial aircraft is "still very strong" despite a wave of order cancellations.

Barclays sees profits fall by 7%
Wed, 30 Jul 2014 10:01:35 GMT
Barclays' half yearly profits fall 7% to £3.35bn, following a fall in revenue at its investment bank.

Nintendo posts loss despite Mario
Wed, 30 Jul 2014 13:14:07 GMT
Nintendo's share price drops after the company reports a bigger than expected loss despite the release of Mario Kart 8 over the period.

Twitter shares surge on user growth
Tue, 29 Jul 2014 20:48:39 GMT
Social networking service Twitter reports a second-quarter loss of $145m but better than expected user growth, sending shares surging over 35%.

World Cup ads boost ITV profits
Wed, 30 Jul 2014 09:39:11 GMT
The World Cup and a revival in advertising revenues boost profits at the broadcaster ITV.

Fastest growth in Spain since 2007
Wed, 30 Jul 2014 13:46:00 GMT
Spain's economy is growing at its fastest quarterly rate since the end of 2007, but it is also facing a deflation threat.

Japan's ANA cancels Burmese deal
Wed, 30 Jul 2014 10:21:27 GMT
Japan's ANA Holdings cancels its plan to buy a 49% stake in Asian Wings Airways, an airline based in Myanmar, also known as Burma.

Aer Lingus reports improved fortunes
Wed, 30 Jul 2014 11:42:57 GMT
Aer Lingus reports a "significant" improvement in its operating profit over the last six months, which rose by 40% compared to the same period last year.

We'll keep tightening sanctions - PM
Wed, 30 Jul 2014 16:03:17 GMT
UK Prime Minister David Cameron warns of increasingly tough sanctions unless Russian President Vladimir Putin "changes his approach".

Argentina hours away from default
Wed, 30 Jul 2014 15:50:18 GMT
No deal is in prospect in Argentina's debt talks in New York as Wednesday night's default deadline approaches.

London Market Report
Wed, 30 Jul 2014 11:22:07 GMT
Barclays and RBS are among the top gainers in Thursday morning trading, while the FTSE 100 edges into negative territory.

Japan output falls most since 2011
Wed, 30 Jul 2014 03:10:34 GMT
Japan's factory output falls 3.3% from May to June, the latest sign to highlight that the recent sales tax rise is affecting consumer demand.

Bank backtracks on burlesque ban
Wed, 30 Jul 2014 14:30:11 GMT
A circus group which was denied a Santander business bank account because its showgirl and burlesque acts posed a "moral problem" has now been offered the account.

Apology over Turtles '9/11 poster'
Wed, 30 Jul 2014 09:03:51 GMT
Paramount Pictures apologises over a Teenage Mutant Ninja Turtles poster featuring the characters jumping from an exploding skyscraper alongside the release date of 11 September.

Personal insolvencies in sudden jump
Tue, 29 Jul 2014 14:18:08 GMT
There has been a sudden jump in the number of individuals becoming insolvent, in the steepest rise since 2010, according to government figures.

Mortgage approvals back on the rise
Tue, 29 Jul 2014 11:57:53 GMT
The number of people taking out mortgages is back on the rise, according to figures from the Bank of England.

House price growth 'starts to slow'
Mon, 28 Jul 2014 10:27:19 GMT
Seven out of 10 regions of England and Wales recorded month-on-month falls in house prices in June, according to the Land Registry.

Bankers should 'swear ethics oath'
Tue, 29 Jul 2014 11:40:22 GMT
An oath for bankers should be introduced to raise accountability and standards in banking, says a think tank.

Kurdish oil tanker in US seizure
Tue, 29 Jul 2014 18:13:20 GMT
An oil tanker carrying $100m of Iraqi Kurdish oil off the coast of Texas is set to be seized by US marshals after a judge approved a seizure request from the Iraqi government.

Beauty spots still at fracking 'risk'
Mon, 28 Jul 2014 18:15:09 GMT
Government guidance that fracking licences can only be issued for beauty spots in "exceptional circumstances" receives a mixed response from campaigners.

Business gurus answer your questions
Thu, 24 Jul 2014 23:13:05 GMT
Three business investors answer our readers' questions about how they judge whether or not to invest in a business venture.

The rise of solo dining
Wed, 23 Jul 2014 23:00:08 GMT
With a growing number of people going out for meals on their own, restaurants are increasingly seeking to appeal more to solo diners, reports Barbara Balfour.

A company born out of frustration
Mon, 21 Jul 2014 22:50:25 GMT
Easy Taxi founder Tallis Gomes explains how the difficulties of hailing a cab in Rio de Janeiro led him to create his smartphone app.

Ecclestone 'to settle' bribery case
Tue, 29 Jul 2014 15:11:29 GMT
Lawyers for Bernie Ecclestone say the Formula 1 boss is ready to pay a German bank 25 million euros ($34m; £20m) to settle a court case against him.

LA Clippers sale 'can go ahead'
Mon, 28 Jul 2014 23:11:35 GMT
A US judge rules that the LA Clippers basketball team can be sold, despite the objections of banned co-owner Donald Sterling.

Qatar 2022 'dismay' at workers' pay
Mon, 28 Jul 2014 20:25:11 GMT
Organisers of the 2022 World Cup in Qatar say they are "heavily dismayed" by claims that migrants who worked on their offices are still waiting to be paid.

VIDEO: Cable 'felt safe' in driverless car
Wed, 30 Jul 2014 12:28:56 GMT
Driverless cars are set to take to the roads in the UK from next January, they will guided by a system of sensors and cameras.

VIDEO: New tech opens doors for jobseekers
Wed, 30 Jul 2014 08:51:36 GMT
New technology is opening up whole new careers to young jobseekers who may be having difficulty getting into more established professions.

VIDEO: Taiwan firms struggle with succession
Wed, 30 Jul 2014 04:03:23 GMT
Not many family businesses in Taiwan find it so easy to hand over the reins, especially companies started during the boom years of the country's industrialisation.

VIDEO: HSBC closes Muslim groups' accounts
Wed, 30 Jul 2014 11:39:59 GMT
HSBC bank has told three Muslim organisations that they are to have their accounts closed.

VIDEO: Making money out of social media
Tue, 29 Jul 2014 09:59:33 GMT
Samira Hussain reports from New York on the opportunities opened up by technology that did not even exist a few years ago.

VIDEO: Airlines 'don't make enough money'
Wed, 30 Jul 2014 03:39:54 GMT
As well as the aviation disasters of recent months, airlines are being affected by aggressive competition and economic uncertainty.

VIDEO: What price for free wi-fi?
Mon, 28 Jul 2014 10:25:24 GMT
How businesses hope to learn more about us by offering free wi-fi.

VIDEO: Green lobby dismiss fracking 'hype'
Mon, 28 Jul 2014 11:47:51 GMT
Friends of the Earth say that renewable energy and energy efficiency are more effective solution to UK energy problem than fracking

Argentina in denial over debt dispute
Tue, 29 Jul 2014 23:12:43 GMT
Call it something else, says Argentina's president

Russia sanctions: Who will be hurt the most?
Wed, 30 Jul 2014 13:24:50 GMT
Which side could be hurt the most?

The reindeer herders battling a mine
Wed, 30 Jul 2014 10:39:28 GMT
The reindeer herders fighting an iron ore mine in northern Sweden

The tech firm helping a tough area
Tue, 29 Jul 2014 23:13:27 GMT
The tech firm helping San Francisco's tough Tenderloin area

Shakespeare's Globe: Theatrical laboratory
Tue, 29 Jul 2014 23:13:18 GMT
Turning Shakespeare's theatre into a living laboratory

The 'mistake' behind a top handbag firm
Mon, 28 Jul 2014 23:03:15 GMT
How did Michael Jackson help inspire a handbag firm?

Nollywood finds its global audience online
Mon, 28 Jul 2014 23:01:53 GMT
Nigeria's film industry finds new audiences online

The bakery in the middle of a desert
Sun, 27 Jul 2014 23:01:16 GMT
Why two Spanish sisters started a bakery in a desert