Regional papers sold in £44m deal
BBC Tue, 09 Feb 2010 11:27:10 GMT
The Manchester Evening News (MEN) is being sold off by the Guardian Media Group (GMG) as part of a £44.8m deal.
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Warning on sending money overseas
BBC Tue, 09 Feb 2010 10:48:12 GMT
People transferring money abroad should only use authorised or registered services, the City regulator warns.
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Business
Lloyds and RBS 'failing to lend'
BBC Tue, 09 Feb 2010 07:36:32 GMT
Royal Bank of Scotland and Lloyds are criticised by MPs for failing to lend enough to homeowners and businesses.
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Property Real Estate
Swiss bank UBS returns to profit
BBC Tue, 09 Feb 2010 07:10:38 GMT
Swiss bank UBS reports its first quarterly profit for a year, helped by lower costs and a large tax credit
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Business
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Taxes
Toyota makes mass recall of Prius
BBC Tue, 09 Feb 2010 05:01:12 GMT
Toyota recalls thousands of Prius hybrid cars in Japan because of braking problems, as it tries to limit damage from a stream of problems.
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Business
Ghosn's goal
BBC Tue, 09 Feb 2010 00:22:41 GMT
Nissan-Renault's head plans an electric-car future.
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Business
Views sought on 10,000-home plan
BBC Mon, 08 Feb 2010 12:37:33 GMT
A public consultation is to begin over plans to build 10,000 new homes across a Berkshire town in the next 16 years.
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Property Real Estate
'Eco-town' plan given £9.5m boost
BBC Mon, 08 Feb 2010 12:44:39 GMT
A proposed "eco-town" in Norfolk is to receive government cash to pay for the first homes and improve transport links.
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Property Real Estate
East companies land Boeing deals
BBC Mon, 08 Feb 2010 11:55:00 GMT
Companies in Luton and Southend land deals to make parts for Boeing's new Dreamliner aircraft.
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Property Real Estate
More pay freezes expected in 2010
BBC Mon, 08 Feb 2010 12:04:31 GMT
Workers face a second year of pay freezes despite rising inflation and the UK's emergence from recession, a report says.
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Business
Nokia dismisses US legal action
BBC Mon, 08 Feb 2010 11:00:58 GMT
Nokia says it will defend itself "vigorously" against a class action filed in New York alleging the firm misled investors.
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Business
Xstrata resumes dividend payments
BBC Mon, 08 Feb 2010 09:38:31 GMT
Mining group Xstrata is to resume dividend payments despite reporting a drop in full-year profits.
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Business
UK firms 'cut dividends by £10bn'
BBC Mon, 08 Feb 2010 00:04:04 GMT
Shareholders in UK companies saw their dividend payments cut by £10bn last year, according to a report.
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Markets
Toyota 'planning recall of Prius'
BBC Sun, 07 Feb 2010 13:52:04 GMT
Toyota is to recalling the latest model of its flagship Prius cars because of braking problems, reports from Japan say.
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Business
Council moves into single office
BBC Sun, 07 Feb 2010 12:40:45 GMT
A district council is planning to sell off one of its offices and move to a single site in an effort to save money.
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Property Real Estate
Family of three flee house fire
BBC Sun, 07 Feb 2010 12:02:37 GMT
A family of three were forced to flee their home in Oxford after a fire - caused by a discarded cigarette - broke out while they slept.
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Property Real Estate
G7 to cancel Haiti's debt
PRESSTV Sun, 07 Feb 2010 02:29:59 GMT
The world's seven most industrialized countries have vowed to cancel their remaining bilateral debt with Haiti.
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Personal Finance
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Debt and Credit Cards
Tax staff expose IT failures
BBC Fri, 05 Feb 2010 20:10:04 GMT
Millions of people could pay more tax than they should due to a computer programme glitch which can double-tax benefits.
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Business
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Taxes
Toyota woes mount as Prius recall considered
DAWN Fri, 05 Feb 2010 09:46:46 PKT
Damage to Toyota's image grows as the automaker faces probes of brake problems with the latest model Prius.
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Business
Eurozone rates maintained at 1%
BBC Thu, 04 Feb 2010 12:46:21 GMT
The European Central Bank keeps eurozone interest rates on hold at a record low of 1% for the ninth month in a row.
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Personal Finance
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Debt and Credit Cards
Yell up 10% as cashflow increases
BBC Thu, 04 Feb 2010 11:28:56 GMT
Shares in Yell Group jump 10% after the publisher of Yellow Pages reported better-than-expected results.
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Markets
Car sales up by 29.8% in January
BBC Thu, 04 Feb 2010 09:08:20 GMT
UK car sales rose by 29.8% in January compared with a year earlier, industry figures show.
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Business
Portsmouth have another new owner
BBC Thu, 04 Feb 2010 09:07:18 GMT
Premier League crisis club Portsmouth have their fourth owner of the season after being taken over by Hong Kong-based businessman Balram Chainrai.
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Business
House prices rise by another 0.6%
BBC Thu, 04 Feb 2010 09:09:36 GMT
UK house prices rise for the seventh consecutive month - rising by 0.6% in January compared with December, the Halifax says.
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Property Real Estate
Toyota shares fall 6% in one day
PRESSTV Thu, 04 Feb 2010 08:01:01 GMT
Shares in Toyota Corporation have slid to a 10-month low as the world's largest carmaker continues to deal with the impact of worldwide vehicle recall.
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Markets
Weak oil demand hits Shell profit
BBC Thu, 04 Feb 2010 08:07:37 GMT
Royal Dutch Shell reports a sharp fall in profits due to falling demand for oil from a weak global economy.
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Oil and Energy
China hits back at US over trade
BBC Thu, 04 Feb 2010 07:36:29 GMT
China hits back at the US a day after President Barack Obama promised to take a tougher line with Beijing over trade.
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Business
Toyota profits despite car recall
BBC Thu, 04 Feb 2010 07:38:30 GMT
Toyota reports a big swing back into profit in the last quarter of 2009 as it recalls cars worldwide over accelerator problems.
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Business
British Gas cuts gas prices by 7%
BBC Thu, 04 Feb 2010 07:13:02 GMT
British Gas announces it is cutting standard gas prices by an average of 7%, with immediate effect.
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Business
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Oil and Energy
Toyota repairs to start next week
BBC Thu, 04 Feb 2010 03:31:21 GMT
Toyota in the UK says it will be nearly a week before it can start repairs on cars with defective accelerator pedals.
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Business
Bank may halt quantitative easing
BBC Thu, 04 Feb 2010 00:03:02 GMT
The Bank of England will report later on its policy of quantitative easing, with many analysts expecting it to halt the scheme.
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Business
Toyota defends car recall delay
BBC Wed, 03 Feb 2010 14:34:21 GMT
Toyota have defended the timing of a recall of 220,000 vehicles in the UK following a problem with accelerator pedals.
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Business
Cash for sea-threatened landmark
BBC Wed, 03 Feb 2010 12:17:08 GMT
An historic landmark in Essex which is threatened by the sea, gets funding to help protect it.
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Business
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Property Real Estate
US slates China's Taiwan response
BBC Wed, 03 Feb 2010 11:04:24 GMT
A senior US air force official has criticised China's decision to suspend bilateral military dialogue over an arms deal with Taiwan.
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Business
Opec says supply rise 'worrying'
BBC Wed, 03 Feb 2010 10:54:47 GMT
Opec Secretary General Abdalla El-Badri tells the BBC that producers have increasingly flouted targets and supplied more oil than agreed.
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Business
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Oil and Energy
Prius brake complaints hit Toyota
BBC Wed, 03 Feb 2010 10:53:32 GMT
Toyota's problems deepen after drivers say that the latest version of the Prius hybrid car has brake faults.
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Business
Asian aircraft sales set to surge
BBC Wed, 03 Feb 2010 10:02:01 GMT
Airlines in the Asia-Pacific region are emerging as the biggest buyers of aircraft, Airbus and Boeing say.
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Business
Commission considers Greek plans
BBC Wed, 03 Feb 2010 09:40:11 GMT
The Greek government's plans for balancing the country's books will be considered by the European Commission later.
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Business
OFT seeks T-Mobile-Orange review
BBC Wed, 03 Feb 2010 08:21:36 GMT
The Office of Fair Trading says it fears the planned merger between T-Mobile and Orange will harm competition in the UK.
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Business
Tamiflu sales boost Roche profits
BBC Wed, 03 Feb 2010 07:35:29 GMT
Strong sales of swine flu and cancer drugs lift results at Swiss pharmaceutical giant Roche.
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Business
UK 'could face power shortages'
BBC Wed, 03 Feb 2010 07:24:14 GMT
The UK could face power shortages in the years ahead, according to the energy regulator, Ofgem.
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Business
Trustees missing millions to pay debts of failed financier Nicholas Levene
GUARDIAN Mon, 01 Feb 2010 15:47:07 GMT
Only £5m of the £200m owed has so far been recovered • Derivatives trader checked into Priory for gambling addiction Trustees trawling through the failed business affairs of City derivatives trader Nicholas Levene have found just £5m of the £200m he owes to a string of Britain's most famous entrepreneurs. .... Levene, however, had control of Delek shares through an arrangement with Israeli investor Igal Ahouvi, a well-known figure in London real estate circles. Ahouvi successfully took legal action against Levene in 2008 after the North Londoner failed to hand over the Israeli's shares and dividends in Delek. Levene, who was a vice chairman of Nicola Horlick's investment vehicle Bramdean Asset Management and a former director at Leyton Orient football club, is the subject of an ongoing Serious Fraud Office investigation.
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Investments
Top investment house raided over 'multi-million shekel fraud'
HAARETZ Tue, 02 Feb 2010 09:37:22 GMT+02:00
Arrested Psagot traders repeatedly manipulated foreign accounts and bonds at Israel's largest brokerage, authorities say.
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Investments
Cadbury grandson's Kraft sadness
BBC Tue, 02 Feb 2010 13:30:30 GMT
The last member of the Cadbury family dynasty to sit on the company board speaks of his disappointment at the Kraft takeover.
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Markets
Toyota car recall may cost $2bn
BBC Tue, 02 Feb 2010 13:39:15 GMT
Toyota says the recall of its models to fix faults could cost it up to $2bn worldwide, including lost output and sales.
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Business
OECD urges China to let yuan rise
BBC Tue, 02 Feb 2010 13:22:34 GMT
The OECD says the Chinese yuan should be allowed to appreciate, in order to reduce the country's dependence on exports.
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Business
National park campaign disbands
BBC Tue, 02 Feb 2010 12:42:15 GMT
The South Downs Campaign group meets for the final time after securing a national park for the area.
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Markets
Call for clarity in energy bills
BBC Tue, 02 Feb 2010 12:54:08 GMT
A consumer group urges energy firms to follow the lead of Npower by making bills clearer for customers.
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Business
Singapore Airlines makes profit
BBC Tue, 02 Feb 2010 12:31:03 GMT
Singapore Airlines returns to profit in the last three months of 2009, prompting hopes of a recovery in the travel sector.
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Business
No prosecutions in UK over Madoff
BBC Tue, 02 Feb 2010 12:21:00 GMT
No prosecutions will take place in Britain in connection with the multibillion-dollar fraud carried out by Bernard Madoff.
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