June 20, 2013 Thu
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RSS from BBC News - Business
UK banks face £27.1bn shortfall
Thu, 20 Jun 2013 07:24:19 GMT
The Prudential Regulation Authority says the UK's top banks and building societies need to fill a £27.1bn hole in their balance sheets.
Lloyds to return to private hands
Wed, 19 Jun 2013 19:45:44 GMT
George Osborne uses his Mansion House speech to the City to announce the government is preparing to sell its Lloyds Bank stake back to private investors.
Fed 'could end bond-buying in 2014'
Thu, 20 Jun 2013 02:21:28 GMT
The Federal Reserve maintains its $85bn-a-month (£54bn) asset purchase programme, but says it could begin scaling back later this year and ending it completely in 2014.
Eurotunnel accused of overcharging
Thu, 20 Jun 2013 04:02:27 GMT
Brussels says passengers going through the Channel Tunnel are paying over the odds, because Eurotunnel is overcharging the train companies for using the track.
Watch scams among con comebacks
Wed, 19 Jun 2013 23:00:02 GMT
Rogue traders are reprising old scams but with a digital twist to target people whose budgets are squeezed, says trading standards.
India rupee falls to all-time low
Thu, 20 Jun 2013 06:25:20 GMT
The Indian rupee dips to an all-time low against the US dollar after the US Federal Reserve signals it could start pulling back on stimulus later this year.
China factory activity slows further
Thu, 20 Jun 2013 04:00:53 GMT
China's manufacturing activity weakens further in June, falling to a nine-month low as demand falls, according to a preliminary survey by HSBC.
Paid-for news 'gains favour online'
Wed, 19 Jun 2013 23:13:23 GMT
A study by Reuters suggests more people are becoming willing to buy online news, but warns that social media may be eroding brand recognition.
Work Programme 'not doing enough'
Wed, 19 Jun 2013 21:01:05 GMT
Providers of the government's flagship Work Programme tell ministers the costs of helping sick and disabled jobseekers into employment cannot be met under the scheme.
Dolce and Gabbana sentenced to jail
Wed, 19 Jun 2013 16:35:27 GMT
Italian fashion designers Domenico Dolce and Stefano Gabbana are sentenced to jail in Italy for tax evasion but have appealed against the verdict.
BT complains about Sky Sports supply
Wed, 19 Jun 2013 12:47:00 GMT
UK telecoms regulator Ofcom is to launch an investigation into BSkyB over the supply of its sports channels to rival broadcasters.
Drug firms fined for blocking rivals
Wed, 19 Jun 2013 16:18:37 GMT
Nine drug companies are fined for delaying cheaper generic drugs coming to market.
Jail reckless bankers, report urges
Wed, 19 Jun 2013 14:48:51 GMT
Measures including criminal sanctions to make bankers responsible for their own failings, are called for in a new report.
Home-buyers 'need 14 years to save'
Wed, 19 Jun 2013 10:34:23 GMT
The average single person in their twenties will now have to save for over 14 years before they can buy a home, says the housing charity Shelter.
Postal workers reject privatisation
Wed, 19 Jun 2013 16:39:42 GMT
Royal Mail workers vote strongly against the government's proposals to privatise the postal group.
IMF: Spain making strong progress
Wed, 19 Jun 2013 14:20:43 GMT
The IMF says Spain has made strong progress on its economy, but the outlook remains "difficult" and more action is needed to boost job creation.
BT's Livingston to be trade minister
Wed, 19 Jun 2013 13:03:57 GMT
BT chief executive Ian Livingston is to leave the company to join the government as a trade minister, David Cameron announces.
House price 'bubble' warning
Tue, 18 Jun 2013 11:32:34 GMT
Building Societies are warning the government about a future house price bubble, unless it plans how to end its Help to Buy programme.
Families 'less gloomy over finances'
Mon, 17 Jun 2013 15:41:32 GMT
UK household finances are improving, a survey suggests, although most people still believe their financial circumstances are deteriorating.
Lloyds 'aware of' Co-op's black hole
Tue, 18 Jun 2013 12:42:21 GMT
The bosses of the Lloyds Banking Group tell MPs that they knew there was a black hole in the accounts of the Co-op Bank, four months before a vital deal with them collapsed.
BoE votes 6-3 against stimulus move
Wed, 19 Jun 2013 10:25:27 GMT
The Bank of England governor was outvoted again at his final monetary policy committee meeting, with the body voting 6-3 against more stimulus measures.
Japan exports up by most since 2010
Wed, 19 Jun 2013 07:00:24 GMT
Japanese exports rose in May at the fastest annual rate since 2010 as the yen weakened, providing a boost to Prime Minister Shinzo Abe's plan to revive the economy.
G8 leaders agree deal on tax evasion
Tue, 18 Jun 2013 16:48:09 GMT
Leaders of the G8 major economies agree plan to clamp down on money launderers, illegal tax evaders and corporate tax avoiders.
Organise a concert by your favourite band
Sun, 16 Jun 2013 23:10:56 GMT
If you ever fancied organising a concert by your favourite band, UK technology company Songkick could have the answer.
Small brewers with big passion to succeed
Wed, 12 Jun 2013 23:21:41 GMT
The BBC’s Jill Martin visits a former nun and a beer nut in the US state of Georgia to discover why passion is seen as the vital ingredient in brewing a successful US small business.
Cookery classes relying on angels
Sun, 09 Jun 2013 23:07:04 GMT
Before the financial crisis, Jean-Christophe Menz could just walk into a bank and ask for money - not any more.
Hearts placed into administration
Wed, 19 Jun 2013 16:19:49 GMT
Hearts' administrators say they are aware of the need to find a resolution to the club's problems so close to the new season.
WRU wants to discuss Lions profits
Wed, 19 Jun 2013 05:32:41 GMT
Welsh rugby chief Roger Lewis calls for a home nations rethink of how profits generated by British and Irish Lions tours are split.
Maradona in China compensation win
Tue, 18 Jun 2013 08:05:44 GMT
Diego Maradona wins compensation from two Chinese firms for using his name in an online game, Hot-Blooded Soccer, without his consent.
VIDEO: Howard Stringer steps down from Sony
Thu, 20 Jun 2013 05:51:28 GMT
After eight years, Sir Howard Stringer steps down from the Japanese electronics giant Sony.
VIDEO: Asian markets react to Fed comments
Thu, 20 Jun 2013 05:49:00 GMT
Share prices fell in Asia after the US Federal Reserve announced it could start to wind down its stimulus-providing bond-buying programme later in the year.
VIDEO: China consumers boosting economy
Wed, 19 Jun 2013 20:43:40 GMT
China's 'new middle class' has not just migrated to the country's cities, but their spending is boosting the world's second largest economy.
VIDEO: 'Too big to fail, too big to jail'
Wed, 19 Jun 2013 22:20:22 GMT
Sir Mervyn King said 'It is not in our national interest to have banks that are too big to fail, too big to jail or simply too big'
VIDEO: High hopes for Bombardier C-series
Wed, 19 Jun 2013 09:16:54 GMT
The chief of Canadian Bombardier, Pierre Beaudoin, has said the company's new C-series of regional jets could boost revenues by as much as a quarter.
VIDEO: Testing out battle kit of the future
Wed, 19 Jun 2013 09:12:02 GMT
It is not just planes and helicopter on display at the Paris Air Show, as the BBC's Theo Leggett found out when he tried on some of US defence firm Raytheon's new kit.
VIDEO: 'Made in Peru' World Cup shirts
Wed, 19 Jun 2013 10:42:43 GMT
Clothing manufacturers in Peru expect to make bumper profits next year by making football shirts for global fans descending on Brazil for the World Cup.
VIDEO: When might US Fed ease stimulus?
Wed, 19 Jun 2013 09:04:36 GMT
Investors want to know when the US Federal Reserve will begin scaling back its help for the economy - that is, buying $85bn a month in bonds and keeping interest rates low.
The history of the peanut airlines
Wed, 19 Jun 2013 23:04:03 GMT
Biro bans and other tales of the low-cost revolution
Has the fighter pilot had his day?
Wed, 19 Jun 2013 23:09:56 GMT
Has the fighter pilot had his day?
Can China spend itself richer?
Wed, 19 Jun 2013 23:25:41 GMT
Will China's new middle class spend its way to dominance?
VIDEO: The global middle class revolution
Tue, 18 Jun 2013 23:13:08 GMT
Where is the middle class growing around the world?
BT boss goes in to bat for Britain
Wed, 19 Jun 2013 15:44:27 GMT
BT boss goes in to bat for Britain
When will banking ever change?
Tue, 18 Jun 2013 23:00:11 GMT
Are there no new big banks because we are too lazy?
Will the Boeing and Airbus duopoly crack?
Tue, 18 Jun 2013 23:27:00 GMT
Will the Airbus/Boeing duopoly ever be broken?
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