UK interest rates remain at 0.5%
Thu, 09 Sep 2010 11:28:49 GMT
The Bank of England keeps UK interest rates on hold at a record low of 0.5% for the 18th consecutive month. |
Welfare bill 'to be cut by £4bn'
Thu, 09 Sep 2010 17:08:12 GMT
The government is planning to reduce the annual welfare bill by a further £4bn, Chancellor George Osborne tells the BBC. |
Spending cuts 'to hit north harder'
Thu, 09 Sep 2010 15:30:27 GMT
Industrial areas in the North East and Midlands are least resilient to economic shocks, BBC-commissioned research suggests. |
Global economy slowing, says OECD
Thu, 09 Sep 2010 15:20:48 GMT
The global economic recovery is slowing faster than forecast, but a return to recession is unlikely, an economic group says. |
Bmibaby luggage gauges too small
Thu, 09 Sep 2010 16:33:26 GMT
Budget airline Bmibaby has been charging customers to put bags in the hold when they are small enough for the cabin, the BBC learns. |
Record goods trade deficit for UK
Thu, 09 Sep 2010 10:29:07 GMT
The UK's goods trade deficit widened to a record high in July after imports rose sharply and exports fell from the previous month. |
Goldman Sachs fined £17.5m by FSA
Thu, 09 Sep 2010 08:35:48 GMT
Wall Street banking giant Goldman Sachs is fined £17.5m by the UK's financial watchdog. |
Chote set to head Budget office
Thu, 09 Sep 2010 12:18:48 GMT
Economist and former journalist Robert Chote is to become the new head of the Office for Budget Responsibility. |
Income tax: Interest may be added
Thu, 09 Sep 2010 12:27:42 GMT
HM Revenue & Customs says it is impossible to tell how many taxpayers may have to pay interest as a result of tax errors. |
US exports near to two-year high
Thu, 09 Sep 2010 14:14:19 GMT
The US trade gap in July narrowed thanks to increased exports of large US-made items such as aircraft. |
Defence firm BAE cuts 1,000 jobs
Thu, 09 Sep 2010 13:29:50 GMT
BAE Systems announces it is to axe almost 1,000 jobs across the UK, with 740 to go from five sites in England. |
World Cup knocks trading at HMV
Thu, 09 Sep 2010 07:49:13 GMT
Music, computer games and book retailer HMV says that its sales were disrupted this summer by the football World Cup. |
Shoppers turning to card payments
Wed, 08 Sep 2010 23:01:01 GMT
The number of cash machines in the UK has fallen and withdrawals have dropped as shoppers turn to cards, figures show. |
New bank ratio 'to be set at 7%'
Thu, 09 Sep 2010 09:40:40 GMT
Central bank governors and senior regulators are to impose tighter restrictions on the level of assets banks must hold, the BBC has learnt. |
Morrisons to test online shopping
Thu, 09 Sep 2010 08:11:35 GMT
The UK's fourth biggest grocer, Morrisons, says it hopes to trial online shopping and convenience stores next year. |
Fat cat pensions 'worth millions'
Thu, 09 Sep 2010 10:44:05 GMT
Directors of big companies enjoy hugely generous pensions while cutting workers' pension entitlements, the TUC alleges. |
Posties back Royal Mail bike cuts
Wed, 08 Sep 2010 14:59:32 GMT
Union leaders publicly endorse Royal Mail management plans to phase out bikes for postal deliveries. |
EU ruling opens up German gambling market
Wed, 08 Sep 2010 15:02:05 GMT
German gambling restrictions breach European Union law, the EU's highest court rules |
Writing off tax is 'unaffordable'
Wed, 08 Sep 2010 12:45:37 GMT
The country "cannot afford" to write off underpayments of income tax caused by problems with the calculation system, a minister says. |
Halifax says house prices stable
Wed, 08 Sep 2010 13:14:10 GMT
UK house prices have stabilised, according to the latest survey from the Halifax. |
