UK Business News

20 November, 2014 19:56

UK drops EU bankers' pay challenge

In a surprise move, the UK government has withdrawn its legal challenge to EU legislation that caps the level of bankers' bonuses.

20 November, 2014 18:47

US Senate grills banks on commodities

Executives from three US banks are being questioned by senators over accusations the banks engaged in unfair trading practices relating to several commodities.

20 November, 2014 16:53

Wonga boss quits after five months

The acting chief executive of troubled payday lender Wonga - appointed to bring stability to the troubled firm - has stood down after just five months.

20 November, 2014 18:58

Google, Rockstar settle patent suit

Google and patent consortium Rockstar - which includes Apple as an investor - agree to settle a patent litigation suit.

20 November, 2014 18:09

Commerzbank to charge big depositors

Germany's Commerzbank is to charge its biggest corporate clients for leaving 'substantial' deposits at the bank.

20 November, 2014 12:21

Energy giant unveils shale gas plan

Chemicals giant Ineos announces plans to invest up to £640m in shale gas exploration in the UK, in a bid to become the country's leading fracking firm.

20 November, 2014 13:13

Sony reportedly drops Steve Jobs film

Sony Pictures drops a film based on the life of Apple co-founder Steve Jobs, according to reports.

20 November, 2014 12:58

Crucial Network Rail data criticised

The company running Britain's track, signals and train stations may be using flaky figures to plan its maintenance work, says a regulator.

20 November, 2014 15:45

Apple to push Beats to all iPhones

Apple plans to push the Beats music streaming service to every iPhone in the new year, according to a report in the Financial Times newspaper.

20 November, 2014 11:53

RBS fined £56m over computer failure

Royal Bank of Scotland is fined £56m by regulators after a 2012 software issue left millions of customers unable to access their accounts.

News reports courtesy of BBC News.

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