UK Business News
More will not get pension until 68
Thu, 05 Dec 2013 08:38:16 GMT
The date when the state pension age goes up from 65 to 68 is to be brought forward, Chancellor George Osborne will announce later.
Osborne to make fresh spending cuts
Wed, 04 Dec 2013 22:13:46 GMT
George Osborne will announce a fresh round of spending cuts for Whitehall departments when he gives his Autumn Statement on Thursday.
Qantas issues profit warning
Thu, 05 Dec 2013 02:30:01 GMT
Australian airline Qantas issues a profit warning, and says "immense challenges" mean 1,000 jobs must be shed.
Renault-Dongfeng in $1.3bn venture
Thu, 05 Dec 2013 06:29:34 GMT
China's government gives the go-ahead for a $1.3bn joint venture between French car maker Renault and state-owned Dongfeng.
Australia and S Korea in trade deal
Thu, 05 Dec 2013 08:37:49 GMT
Australia and South Korea agreed on a free trade deal in an attempt to boost trade between the two countries.
EU fines banks over rate-rigging
Wed, 04 Dec 2013 12:24:43 GMT
The European Commission fines eight banks - including RBS - a total of 1.7bn euros for forming illegal cartels to rig benchmark interest rates.
Moody's says Spain economy improves
Wed, 04 Dec 2013 23:50:17 GMT
Ratings agency Moody's raises its outlook for Spain's economy from "negative" to "stable", saying that conditions are improving.
UK unveils new infrastructure plans
Wed, 04 Dec 2013 11:52:05 GMT
The government unveils its infrastructure spending plan for the next two decades, including £375bn of investment in energy, transport and communications.
Hewlett-Packard to cut 1,100 UK jobs
Wed, 04 Dec 2013 13:49:44 GMT
The computer giant Hewlett-Packard says it plans to cut 1,100 posts in the UK as part of a global downsizing.
Tesco sales decline in third quarter
Wed, 04 Dec 2013 08:37:01 GMT
Tesco reports a fall in underlying UK sales, with the supermarket chain blaming a weaker market for groceries.
US trade gap narrows in October
Wed, 04 Dec 2013 20:28:12 GMT
The US trade gap narrowed in October, according to official figures, while in a separate report the Federal Reserve says the economy is growing at a "modest to moderate rate".
Eurozone recovery 'loses momentum'
Wed, 04 Dec 2013 11:16:14 GMT
The eurozone "lost some momentum" in November, a closely-watched survey says, with private sector activity slowing slightly.
Venezuela: Maduro fixes car prices
Thu, 05 Dec 2013 00:01:11 GMT
After legislating on the prices of electronics, toys and clothes, Venezuelan President Nicolas Maduro signs a decree controlling the prices of cars.
Christmas postal strike deal reached
Wed, 04 Dec 2013 11:28:02 GMT
A proposed agreement has been reached between Royal Mail and the Communications Workers Union, the two sides announce.
China awards first 4G licences
Thu, 05 Dec 2013 08:39:44 GMT
China has awarded its first licences to mobile phone companies to provide the superfast 4G mobile network to customers.
Spotify artists earn $0.007 per play
Wed, 04 Dec 2013 17:24:19 GMT
Music streaming website Spotify responds to critics by revealing how much it pays in royalties, it says more than $1bn (£612m) since 2008.
VIDEO: Pension age delay brought forward
Thu, 05 Dec 2013 08:09:57 GMT
The date when eligibility for a state pension rises to the age of 68 is being brought forward to the mid 2030s, George Osborne will confirm in the Autumn Statement.
VIDEO: What might be in Autumn Statement?
Wed, 04 Dec 2013 14:30:02 GMT
Ahead of George Osborne's Autumn Statement speech, Jo Coburn looks at the economic facts and figures, with a few predictions about what the chancellor may - or may not - announce.
VIDEO: Economic recovery: Spend or save?
Wed, 04 Dec 2013 23:39:39 GMT
Robert Peston finds out whether people are spending or saving in Bluewater shopping centre in Kent, ahead of the Chancellor's autumn statement on Thursday.
VIDEO: Banksy works to go under the hammer
Thu, 05 Dec 2013 04:57:50 GMT
A number of works by the artist Banksy are to be auctioned in Beverly Hills, California.
VIDEO: Fast food workers in pay protest
Thu, 05 Dec 2013 08:06:04 GMT
US workers in the fast food industry are planning a wave of strikes demanding pay of $15 per hour, a day after President Obama called the growing gap between the rich and poor the "defining challenge of our time".
VIDEO: Philippines inflation up after typhoon
Thu, 05 Dec 2013 06:08:28 GMT
Inflation in the Philippines rises to a nine-month high in November driven by the impact of deadly Typhoon Haiyan.
VIDEO: Could France head back into recession?
Thu, 05 Dec 2013 00:29:07 GMT
As the British economy enjoys some welcome growth, the picture across the English Channel is rather different.
VIDEO: Buzzword Bingo for Autumn Statement
Wed, 04 Dec 2013 14:27:00 GMT
The odds on the most likely words to by uttered by the chancellor at Thursday's Autumn Statement were rated by bookmaker Alex Donohue.
Roaming offer extended by 3 to US
Wed, 04 Dec 2013 10:35:03 GMT
Customers of mobile operator 3 are now able to use their UK allowance of data, texts and calls in the US and 10 other countries.
Food poverty 'a health emergency'
Wed, 04 Dec 2013 02:26:44 GMT
Food poverty in the UK has now become such a big problem that it should be seen as a "public health emergency", a group of health experts says.
RBS 'must do better' after IT fault
Tue, 03 Dec 2013 15:54:07 GMT
The boss of RBS has admitted the bank "has to do better" amid a day of disruption for many customers following a computer failure.
UK services growth remains strong
Wed, 04 Dec 2013 11:31:20 GMT
Growth in the UK services sector remained strong last month, a survey suggests, although the pace slowed slightly from October.
Big changes for renewable subsidies
Wed, 04 Dec 2013 18:03:06 GMT
The government is to make major changes to the way it subsidises renewable energy with more emphasis on offshore wind power, the BBC has learned.
Hopes dim for WTO global trade deal
Wed, 04 Dec 2013 08:18:30 GMT
Hopes of sealing a global trade deal fade at a World Trade Organization summit in Indonesia after India refuses to budge on food subsidies.
The boss who says he was born to lead
Mon, 02 Dec 2013 00:18:47 GMT
A profile of Danish software entrepreneur and multimillionaire Tommy Ahlers who says he was born to be a leader.
How bees drove one firm's success
Fri, 29 Nov 2013 00:13:20 GMT
Greek couple Niki and Nikos Koutsianas explain how their shared love and interest in bees and natural products have driven their firm’s success.
Africa's first start-up bus hits the road
Fri, 29 Nov 2013 00:18:34 GMT
StartupBus, a programme for entrepreneurs to identify and solve an existing, local problem by using technology, has its first outing in Africa.
Fifa asks World Cup protesters for calm
Thu, 05 Dec 2013 06:17:22 GMT
Fifa general secretary Jerome Valcke appeals to dissenting Brazilians to get behind next summer's World Cup.
Football club asks crowd for funds
Wed, 04 Dec 2013 00:33:50 GMT
East Fife Football Club becomes the first club in Scotland to turn to crowdfunding to raise finance to develop its grounds.
Nigeria move to avoid bonus row
Tue, 03 Dec 2013 13:37:00 GMT
Football officials in Nigeria will implement a new code of conduct aimed at preventing future rows over bonuses for national team players.
Where does our power come from?
Wed, 04 Dec 2013 09:24:54 GMT
Where does all our energy come from?
In pictures: Ford Mustang
Thu, 05 Dec 2013 07:09:12 GMT
Can US sports cars go global?
Should we fear the growth of Huawei?
Wed, 04 Dec 2013 23:57:59 GMT
Should we fear the rise of Chinese telecoms group Huawei?
Booming Canada recruits British and Irish workers
Wed, 04 Dec 2013 23:49:15 GMT
Canadian economy attracts British and Irish workers
A better day for the chancellor
Wed, 04 Dec 2013 00:02:48 GMT
Thursday likely to be a better day for the chancellor
Pisa tests: What do we know now?
Wed, 04 Dec 2013 00:10:41 GMT
How has the education world changed?
Hotel rooms 20ft beneath the sea
Tue, 03 Dec 2013 00:05:14 GMT
The exclusive hotel rooms 20ft beneath the waves
What we know ahead of the Autumn Statement
Tue, 03 Dec 2013 00:01:57 GMT
Previously announced measures affecting your finances in April