UK Business News
There are several sources of business news in the UK and we have gathered some of the best in this section. General business news from the BBC is displayed below and is updated on a regular basis. News from Companies House is also in this section and can be seen by clicking here.
US economic growth slows to 2.4%
US economic growth slowed between April and June, with GDP growing by an annualised rate of 2.4%, the US Commerce Department says.
Strikes and ash extend BA losses
BA reveals a steep quarterly loss of £164m after being hit by cabin crew strikes and disruption caused by the volcanic ash cloud.
Immigrant worker limit criticised
Government plans to limit the number of skilled foreign workers allowed into the UK are criticised by the Lord Mayor of London.
Airbus firm EADS lifts output aim
Airbus parent firm EADS says it is confident about future orders, despite reporting a fall in second-quarter earnings.
Royal Mail pension plan in doubt
The Pensions Regulator is challenging a crucial plan to pay off the £10bn deficit in the Royal Mail pension scheme.
Fraud charges over £115m inquiry
A businessman investigated by City of London police is facing 30 charges of fraud
Deadline for tax credits renewal
Families face missing out on financial assistance if they miss Saturday's deadline to renew tax credits.
Disney sells Miramax film studios
Walt Disney announces the sale of its Miramax film division for about $660m to a group of private equity investors.
Sale of EDF's UK networks agreed
A consortium headed by Hong Kong billionaire Li Ka-Shing agrees to buy the UK networks of French power group EDF for £5.8bn ($9.1bn).
Benefits face 'radical' shake-up
Merging all tax credits and benefits into a single payment is one option being considered by Iain Duncan Smith in a "radical" welfare shake-up.
Fugitive Nadir will stand trial
Fugitive Polly Peck tycoon Asil Nadir, who fled to northern Cyprus in 1993, confirms he will come back to the UK to stand trail on theft charges.
US sees paper profit on bail-outs
Assets bought by the US to bail out AIG and Bear Stearns are showing a paper profit, the Federal Reserve Bank of New York says.
Chip sales boost Samsung profits
Samsung Electronics reports record quarterly profits thanks to higher sales of smartphones and components such as memory chips.
Jailed Enron boss requests bail
The former chief executive of Enron, Jeffrey Skilling, has applied for bail. His lawyer says his conviction for fraud will be overturned.
Toyota announces fresh car recall
Toyota is recalling almost 430,000 vehicles in the US and Japan amid concern over steering problems.
|
|
