UK Business News
Economy 'to hit 2008 peak by summer'
Mon, 10 Mar 2014 00:00:24 GMT
The size of the UK's overall economy will surpass its pre-recession peak by this summer, says the British Chambers of Commerce.
eBay cuts chief exec's pay in half
Mon, 10 Mar 2014 23:02:05 GMT
E-commerce giant eBay cuts the total compensation of its chief executive, John Donahoe, by more than half.
World's largest banana firm created
Mon, 10 Mar 2014 12:51:33 GMT
Irish fruit firm Fyffes and US rival Chiquita are to merge, creating the world's largest banana company.
Mining shares hit by iron ore slump
Mon, 10 Mar 2014 21:28:24 GMT
Shares of some of the world's biggest mining companies are hit by a slump in the price of iron ore, amid fears of a Chinese economic slowdown.
Mothercare appoints interim boss
Mon, 10 Mar 2014 15:52:29 GMT
Parenting retailer Mothercare appoints Mark Newton-Jones as interim chief executive after the resignation of Simon Calver in February.
Head of Cyprus' central bank resigns
Mon, 10 Mar 2014 18:38:00 GMT
Cyprus' central bank governor, Panicos Demetriades, steps down following a turbulent relationship with the country's government.
Public pay outstrips private sector
Mon, 10 Mar 2014 16:19:53 GMT
Public sector workers are paid on average 14.5% more per hour than those in the private sector, according to the Office for National Statistics.
QR barcodes plan for energy bills
Mon, 10 Mar 2014 15:08:32 GMT
Energy bills are to come with compulsory Quick Response, or QR, codes to help people switch supplier more easily, the government says.
Labour extends jobs guarantee pledge
Mon, 10 Mar 2014 14:40:07 GMT
Labour commits to fund a "jobs guarantee" for the long-term unemployed for the whole of the next parliament, if it wins power.
New mobile payment plan gathers pace
Mon, 10 Mar 2014 10:44:23 GMT
The banking industry's new mobile phone payments system will be launched later this year, says the Payments Council.
Bayern boss admits massive tax fraud
Mon, 10 Mar 2014 15:03:22 GMT
Uli Hoeness, president of European football champions Bayern Munich, admits in court that he defrauded the German tax authorities of 18m euros (£15m; $25m).
Goals Soccer Centres set to expand
Mon, 10 Mar 2014 09:54:04 GMT
Goals Soccer Centres is accelerating its plans for expansion after raising fresh funds via issuing new shares in the firm.
Vote 'will not affect Grangemouth'
Mon, 10 Mar 2014 12:00:05 GMT
The result of the independence referendum will not make a difference to the future of the Grangemouth oil refinery, according to its boss.
Asian markets tumble on weak data
Mon, 10 Mar 2014 12:18:25 GMT
Asian shares fall after both China and Japan released disappointing economic data, worrying investors about a slowdown in the region.
Henry Ford's last grandson dies
Sun, 09 Mar 2014 20:25:00 GMT
The last surviving grandson of Henry Ford, the founder of the Ford Motor Company, William Clay Ford Snr, dies at the age of 88.
Japan in record deficit, growth slows
Mon, 10 Mar 2014 01:49:53 GMT
Japan's current account deficit hits a record 1.5tn yen ($15bn; £8.7bn) in January, as economic growth figures are revised downwards.
Convicted banker's protest walk
Thu, 06 Mar 2014 15:01:56 GMT
A financial trader walks from Rome to Paris in a quest for "divine justice".
World's most expensive city revealed
Mon, 03 Mar 2014 23:19:47 GMT
Singapore is the world's most expensive city to live in, a report by the Economist Intelligence Unit suggests.
Crowdfunding rule angers industry
Thu, 06 Mar 2014 15:11:18 GMT
Crowdfunding start-up entrepreneurs are angered by new regulations that they say will take the crowd out of crowdfunding.
UK house price rises 'accelerating'
Thu, 06 Mar 2014 09:12:07 GMT
House price rises are continuing to accelerate across the UK, according to the latest snapshot from the Halifax mortgage lender.
Leasehold service charges probed
Tue, 04 Mar 2014 14:53:09 GMT
The fraught relationship between leaseholders and their freeholders is going to be investigated by the Office of Fair Trading (OFT).
Currency union refusal 'is final'
Fri, 07 Mar 2014 13:33:47 GMT
The cross-party decision to rule out a monetary union if Scotland became independent is final, the chief secretary to the Treasury says.
Bitcoin not a currency says Japan
Fri, 07 Mar 2014 02:15:14 GMT
Japan's government says Bitcoin is not a currency but that some transactions using the virtual unit should be taxed.
Creator of Bitcoin 'found' in US
Fri, 07 Mar 2014 01:41:10 GMT
Claims by Newsweek to have found the man who invented the Bitcoin virtual cash system have drawn criticism and scepticism.
Tunisia's entrepreneurs want reforms
Thu, 06 Mar 2014 00:11:50 GMT
With a new constitution and an interim government of independent figures in place, entrepreneurs in Tunisia are hopeful that the country will soon get some pro-business reforms.
The business of festival fun
Wed, 05 Mar 2014 00:27:55 GMT
BBC News hears from the directors, DJs and audience at BPM Festival in Mexico.
Evernote's self-deprecating boss
Mon, 03 Mar 2014 00:07:27 GMT
Phil Libin, the boss of US tech firm Evernote, is a rare breed of chief executive - one who is happy to admit his failings.
Birmingham City owner Yeung jailed
Fri, 07 Mar 2014 15:08:40 GMT
Birmingham City owner Carson Yeung is jailed for six years by a Hong Kong court for money laundering.
QPR announce £65m loss for 2013
Thu, 06 Mar 2014 14:28:47 GMT
Championship side QPR announce a loss of over £65m in their accounts to May 2013 and an overall debt of £177.1m
Forest losses climb to over £17m
Wed, 05 Mar 2014 13:59:58 GMT
Nottingham Forest announce a loss of more than £17m for the 2012-13 season, up from a loss of £12.2m the previous year.
VIDEO: 'We are worse off as economy recovers'
Mon, 10 Mar 2014 21:39:27 GMT
As the British Chambers of Commerce predicts a growth in the economy this summer, the BBC's George Alagiah reports from West Lothian, Scotland, on the differing fortunes of the local community.
VIDEO: A look inside the National Grid
Mon, 10 Mar 2014 08:12:33 GMT
Bang Goes The Theory returns on Monday, with a look behind the scenes at one of the most secret locations in the UK, the control room of the National Grid.
AUDIO: European chemical industry 'threatened'
Mon, 10 Mar 2014 11:31:21 GMT
Jim Ratcliffe, chief executive of chemicals giant Ineos, says the European chemical industry is becoming less competitive.
VIDEO: Economy 'to 2008 peak by summer'
Mon, 10 Mar 2014 11:08:59 GMT
The size of the overall UK economy will this summer overtake the peak level it was at before the 2008 financial crisis, a business lobby group says.
VIDEO: Diamond polishers lose their sparkle
Sun, 09 Mar 2014 00:19:13 GMT
Surat in the Indian state of Gujurat is known as the world's capital of diamond polishing, but fluctuating currencies are threatening business.
VIDEO: Expats fuel the Delhi deli boom
Sun, 09 Mar 2014 21:18:20 GMT
Businesses in India are benefiting from the appetite of expats for the tastes of home.
VIDEO: InterRail timetable back on track
Fri, 07 Mar 2014 22:09:19 GMT
After ceasing publication last summer, one man has risked all, by reviving the European Rail Timetable, the backpacker's bible
VIDEO: Co-op Group to boost executive pay
Sun, 09 Mar 2014 10:41:40 GMT
The troubled Co-operative Group is set to award large pay rises and bonuses to its senior staff, it emerges.
How astrology helps Indian business
Mon, 10 Mar 2014 20:17:28 GMT
Why astrology is still big business in India
What's gone wrong with Italian football?
Mon, 10 Mar 2014 00:04:23 GMT
What has gone wrong with Italian football?
Should Hebden Bridge be the UK's second city?
Mon, 10 Mar 2014 00:10:40 GMT
Should Hebden Bridge be the UK's second city?
Refugee who built a business empire
Mon, 10 Mar 2014 00:09:59 GMT
The refugee who fled genocide and built a business empire
Diamonds: Natural and unnatural wonders
Mon, 10 Mar 2014 00:23:02 GMT
Would you propose with a man-made diamond?
Delhi's deli boom: India's growing gourmet food market
Sun, 09 Mar 2014 20:08:19 GMT
Gourmet foods in hot demand in India
Boston battles to be Silicon Valley
Mon, 10 Mar 2014 00:38:47 GMT
A city of speed-reading and life-size robots
InterRail timetable is back on track
Fri, 07 Mar 2014 22:02:41 GMT
How the InterRail timetable was born again