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BBC Business News

Fraud office probes Bank auctions (Thu, 05 Mar 2015 10:04:01 GMT)
The Serious Fraud Office is investigating liquidity auctions held by the Bank of England during the financial crisis, the Bank says.

China sets 2015 growth target at 7% (Thu, 05 Mar 2015 03:40:33 GMT)
China, the world's second-largest economy, has set its growth target at about 7% for this year, the government said.

UK house prices dip 0.3% in February (Thu, 05 Mar 2015 10:01:34 GMT)
UK house prices fell 0.3% in February leaving the average house price at £192,372, according to the Halifax.

Brazil raises rates to six-year high (Thu, 05 Mar 2015 08:56:03 GMT)
Brazil's central bank lifts interest rates to a six-year high of 12.75% in an attempt to restrain inflation.

Virgin Money profits more than double (Thu, 05 Mar 2015 09:20:54 GMT)
Virgin Money, the financial services provider which floated on the stock market in November, reports "record performance and profits" for 2014.

McDonald's in antibiotic chicken move (Thu, 05 Mar 2015 06:48:25 GMT)
The world's biggest restaurant chain, McDonald's, will stop US purchases of chicken injected with antibiotics important to human medicine.

Secondary ticket sites agree changes (Thu, 05 Mar 2015 00:02:07 GMT)
Four secondary ticket-selling websites have agreed to be more transparent, following pressure from the Competition and Markets Authority (CMA).

FTSE 100 lifted by Aviva results (Thu, 05 Mar 2015 09:47:33 GMT)
Well-received results from insurance giant Aviva helps to lift the FTSE 100.

Admiral pre-tax profits at £357m (Thu, 05 Mar 2015 08:28:03 GMT)
Insurance company Admiral announces pre-tax profits of £357m, giving its 7,000 staff £3,000 worth of shares.

China shares fall on growth target (Thu, 05 Mar 2015 09:09:32 GMT)
Shares in China fall after the country's government sets its official growth target at 7% for this year.

Oligarch given North Sea deadline (Wed, 04 Mar 2015 19:52:01 GMT)
Russian oligarch Mikhail Fridman has seven days to convince the UK government not to force him to sell newly acquired oil and gas assets in the North Sea.

EU puts off end to roaming charges (Wed, 04 Mar 2015 18:12:31 GMT)
EU governments defy the European Parliament by deciding that roaming charges for mobile phone users should remain at least until the end of 2018.

Sellafield clean-up costs now £53bn (Wed, 04 Mar 2015 12:52:26 GMT)
The cost of cleaning up the Sellafield nuclear site in Cumbria has increased by £5bn to £53bn, says the National Audit Office.

Reports of fake law firms double (Wed, 04 Mar 2015 12:54:58 GMT)
Reports of fake law firms have increased by 101% in the last two years, according to figures from the Solicitors Regulation Authority.

Court backs UK in euro trading case (Wed, 04 Mar 2015 10:55:05 GMT)
The UK has won a court ruling against the European Central Bank which could have forced British firms handling large euro transactions to be based in the eurozone.

UK government sells Eurostar stake (Wed, 04 Mar 2015 14:15:20 GMT)
The UK government says it is selling its 40% stake in the cross-Channel train operator Eurostar to an Anglo-Canadian consortium for £757.1m.

Scottish Power hit with sales ban (Wed, 04 Mar 2015 11:59:35 GMT)
Energy supplier Scottish Power accepts a 12-day sales ban after failing to meet Ofgem's customer service targets, the watchdog says.

'Spocking' not illegal, Canada says (Tue, 03 Mar 2015 17:11:39 GMT)
The Bank of Canada announces that tribute pictures of Leonard Nimoy's Spock on bank notes is not against the law.

Singapore 'world's priciest city' (Mon, 02 Mar 2015 22:07:17 GMT)
For the second year running, Singapore tops the list as the world's most expensive city to live in, says the Economist Intelligence Unit.

Incomes 'back to pre-crisis level' (Wed, 04 Mar 2015 13:05:22 GMT)
Average household incomes are back to where they were before the financial crisis, according to research by the Institute for Fiscal Studies (IFS).

Workers 'worry over lack of pension' (Wed, 04 Mar 2015 00:03:47 GMT)
Workers will display a "measured response" to pension reforms while worrying they have not set aside enough for retirement, a survey suggests.

Banks' PPI bill now totals £24.4bn (Tue, 03 Mar 2015 13:02:17 GMT)
The bill for the mis-selling of payment protection insurance (PPI) by the five biggest banks in the UK has now reached a total of £24.4bn.

Retail sales boost for eurozone (Wed, 04 Mar 2015 12:35:03 GMT)
Eurozone retail sales rose for a fourth consecutive month in January, official figures show, indicating the zone's economy may be picking up.

India surprises with second rate cut (Wed, 04 Mar 2015 05:07:19 GMT)
The Reserve Bank of India cuts its key interest rate, in a surprise move for the second time this year.

Australia economy grows 2.5% on year (Wed, 04 Mar 2015 01:24:59 GMT)
Australia's economy grew 2.5% in the fourth quarter from a year earlier, marking its slowest pace of annual growth last year.

The art-loving property developer (Mon, 02 Mar 2015 00:07:18 GMT)
How Argentine investor, property developer and art collector, Eduardo Costantini, built up his business and made a fortune.

Argentina's love affair with polo (Thu, 26 Feb 2015 00:08:17 GMT)
Polo is one of the most popular sports in Argentina, yet unlike football or rugby most of the businesses that keep the game going are small homegrown companies.

The reality of becoming your own boss (Wed, 25 Feb 2015 00:05:53 GMT)
Becoming your own boss is many people's dream, but what's it really like to start a business from scratch?

Jockey Club plans record prize money (Wed, 04 Mar 2015 14:40:22 GMT)
The Jockey Club says it will increase its contribution towards prize money at its 15 racecourses to a record £19.9m in 2015

King will 'delay taking Ibrox chair' (Wed, 04 Mar 2015 23:38:47 GMT)
Dave King will delay becoming Rangers chairman after dealing in club shares are suspended ahead of their EGM.

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