UK Business News

BT and Telefonica in talks over O2
Mon, 24 Nov 2014 15:48:08 GMT
Telecoms giant BT is in talks with Telefonica about buying the O2 mobile network from the Spanish firm.

Falling oil price costs Russia $100bn
Mon, 24 Nov 2014 13:38:05 GMT
The falling oil price is costing Russia up to $100bn a year, while Western sanctions have hit the country by a further $40bn, its finance minister says.

Over 40s 'frozen out' of home loans
Mon, 24 Nov 2014 13:17:34 GMT
Home buyers over the age of 40 are increasingly being "frozen out" of getting mortgages, the industry warns.

Young and workers at risk of poverty
Mon, 24 Nov 2014 11:58:27 GMT
The elderly and the unemployed used to be most at risk of poverty, but a new report claims it is now the young and those in work who are most vulnerable.

RBS sorry for 'incorrect' evidence
Mon, 24 Nov 2014 01:07:24 GMT
Royal Bank of Scotland apologised for giving incorrect evidence to a parliamentary hearing, letters released by the Treasury Committee reveal.

Aviva shares hit by merger talks
Mon, 24 Nov 2014 10:34:15 GMT
Aviva's shares fall 4% in early trading following Friday's announcement that it is in talks about a possible £5.6bn merger with smaller rival Friends Life.

Warning over 'fake' offshore bank
Mon, 24 Nov 2014 14:50:53 GMT
Regulators have issued a warning to consumers over a bank falsely claiming to operate in the Channel Islands.

Petrofac shares hit by profit warning
Mon, 24 Nov 2014 14:36:23 GMT
Shares in Petrofac fall by more than a quarter after the oil and gas services group issues a profits warning.

New computer spyware discovered
Sun, 23 Nov 2014 18:32:53 GMT
Computer security firm Symantec discovers what it says is one of the most sophisticated pieces of malicious software ever seen.

Business confidence at five-year low
Mon, 24 Nov 2014 02:50:48 GMT
Global business confidence slipped to five-year low in October, according to a survey of 6,100 companies from Markit Economics.

Price wars lead to food firms closing
Sun, 23 Nov 2014 21:23:46 GMT
A supermarket price war is behind a sharp rise in the number of firms involved in food production folding, new research claims.

Asia hits highs on China rate cut
Mon, 24 Nov 2014 09:32:11 GMT
Asian shares surge as investors welcome China's interest rate cut and comments from the European Central Bank hinting at more stimulus action.

FTSE lower as Petrofac shares dive
Mon, 24 Nov 2014 12:41:32 GMT
Shares in Petrofac lead the FTSE 100 lower after the oil and gas services firm issues a profits warning.

BA plane in second unplanned landing
Sun, 23 Nov 2014 19:24:11 GMT
A London-bound British Airways plane makes a second unscheduled landing at Shannon Airport within three days.

Labour suggests London buildings sale
Sun, 23 Nov 2014 13:08:05 GMT
The QEII Conference Centre and the Civil Service Club are among four London landmarks that Labour says could be sold off to reduce the deficit.

India tea workers kill boss over pay
Sun, 23 Nov 2014 15:04:02 GMT
Workers at a tea plantation in eastern India beat and stab the owner to death in a row over pay arrears.

Holy trademark! Batman v Valencia
Fri, 21 Nov 2014 13:29:23 GMT
La Liga giants Valencia are facing a fight to be allowed to use a bat symbol on their crest - from the creators of Batman.

Aviva and Friends Life discuss merger
Fri, 21 Nov 2014 18:33:16 GMT
Aviva and Friends Life are in talks about a possible £5.6bn merger deal, the two insurance companies have said.

Treasury revises debt recovery plans
Fri, 21 Nov 2014 12:14:48 GMT
Taxpayers will have longer to appeal before HM Revenue and Customs can raid their bank accounts for unpaid taxes, under revised plans released by the Treasury.

Gender pay gap shrinks to record low
Wed, 19 Nov 2014 15:31:41 GMT
The average full-time pay gap between men and women is at its narrowest since comparative records began in 1997, but is still a difference of 9.4%, official figures show.

Public borrowing at £7.7bn in October
Fri, 21 Nov 2014 12:49:38 GMT
Government borrowing fell to £7.7bn in October, official figures show, down £0.2bn from a year earlier.

UK retail sales rise 0.8% in October
Thu, 20 Nov 2014 12:50:32 GMT
UK retail sales rise 0.8% October compared with September, and is 4.3% up on October 2013, according to official figures.

China's factory activity stagnates
Thu, 20 Nov 2014 05:15:47 GMT
Activity in some of China's factories and workshops hits a six month low in November, a fresh survey shows.

UAE's female fashion designers
Thu, 20 Nov 2014 00:10:46 GMT
As more Emirati women enter the private sector, a growing number are going into fashion design, reports Verity Ratcliffe from Dubai.

Afghan businesses hope for change
Tue, 18 Nov 2014 20:17:16 GMT
The new government in Afghanistan says it wants to make it easier to do business in the country - but will things change?

Ex-convict turned chef cooks up social change
Mon, 17 Nov 2014 21:19:01 GMT
A former convict turned entrepreneur is looking to give other ex-offenders in Singapore a new lease on life through his restaurant chain Eighteen Chefs.

European Tour 2015 adds six events
Sun, 23 Nov 2014 20:57:51 GMT
The European Tour releases its 2015 schedule - with new events in Thailand, India, China, Scotland, Germany & Mauritius.

Bournemouth plan 18,000 expansion
Sun, 23 Nov 2014 14:28:44 GMT
Bournemouth chairman Jeff Mostyn says the club are looking to expand the Goldsands Stadium to 18,000.

Scala to assess 'corruption' reports
Thu, 20 Nov 2014 19:41:11 GMT
The head of Fifa's Audit and Compliance Committee is to evaluate reports into alleged World Cup corruption.

VIDEO: RBS apology for 'incorrect' evidence
Mon, 24 Nov 2014 13:37:29 GMT
Royal Bank of Scotland has apologised for giving incorrect evidence to a parliamentary hearing, it has emerged.

VIDEO: Why does the rouble keep sliding?
Mon, 24 Nov 2014 14:27:14 GMT
Russia's president has warned of "catastrophic consequences" if the rouble continues to slide. The BBC examines how we got here.

VIDEO: Gebrselassie: From track to business
Fri, 21 Nov 2014 17:29:05 GMT
How Olympic athlete and world record holder Haile Gebrselassie has become a property mogul and leading investor in Ethiopia.

VIDEO: 'Creating Google' for Myanmar
Fri, 21 Nov 2014 16:00:39 GMT
Chief executive Rahul Batra explains his ambitions for the Burmese search engine Bindez.

VIDEO: Twitter co-founder defends application
Fri, 21 Nov 2014 18:18:51 GMT
The chairman and co-founder of Twitter is in London for the global launch of his new company 'Square'.

VIDEO: India's online shopping revolution
Fri, 21 Nov 2014 12:45:59 GMT
The e-commerce industry in India is accelerating rapidly, but some worry the supply chain may not keep up with demand.

VIDEO: Commercialising farming in Ethiopia
Fri, 21 Nov 2014 12:37:29 GMT
The BBC's Lerato Mbele meets the Ethiopian farmers trying to find their place in the local and regional economy.

VIDEO: Ethiopia's industrial boom
Fri, 21 Nov 2014 12:32:32 GMT
Ethiopia is experiencing a property and infrastructure boom, as Roderick Macleod reports from Addis Ababa.

The couple who changed the way we shop
Mon, 24 Nov 2014 00:14:25 GMT
The couple who changed the way we shop

Have any prices fallen faster than singles?
Mon, 24 Nov 2014 14:42:07 GMT
Have any prices fallen faster than singles?

The Christmas 0% credit card rush
Fri, 21 Nov 2014 22:00:08 GMT
Are 0% interest credit card deals a good idea?

Haile Gebrselassie: From athletics to the boardroom
Fri, 21 Nov 2014 22:00:16 GMT
Haile Gebrselassie on his move from athletics to the boardroom

Scandal strains Brazil's giant Petrobras
Fri, 21 Nov 2014 00:32:01 GMT
The mammoth corruption scandal surrounding Brazil's oil colossus Petrobras

Why is Formula 1 in crisis?
Thu, 20 Nov 2014 12:21:28 GMT
What are the root causes of F1's financial troubles?

Crowd investing opens up high finance
Fri, 21 Nov 2014 00:34:20 GMT
How crowd investment platforms are shaking up start-up land

China's increasing demands for gas
Thu, 20 Nov 2014 20:22:34 GMT
China's growing demand for Turkmenistan's gas

How McDonald's conquered India
Wed, 19 Nov 2014 19:51:45 GMT
How McDonald's changed its menu to succeed in India