UK Business News

16 April, 2014 12:35

Weekly wages catch up with inflation

After nearly six years of falling real wages, weekly earnings have finally caught up with inflation, according to the Office for National Statistics.

16 April, 2014 11:16

UK unemployment rate falls to 6.9%

The number of people out of work in the UK has fallen by 77,000 to a five year low of 2.24 million in the three months to February, official figures indicate.

16 April, 2014 08:30

Tesco announces 6% fall in profit

UK supermarket giant Tesco announces a 6% fall in annual group trading profit to £3.3bn, the second year that profits have fallen.

16 April, 2014 14:29

Starbucks to move European HQ to UK

Starbucks is to move its European head office to London by the end of the year, meaning it will pay more tax in the UK, the company says.

16 April, 2014 13:44

Legal costs hit Bank of America

Bank of America reports a $276m first-quarter loss, after taking into account a $6bn charge for mortgage-related legal matters.

16 April, 2014 12:20

Former Co-op boss faces drug charges

Paul Flowers, the former chairman of the Co-operative Bank and ex-Methodist Church minister, is charged with three counts of drug possession.

16 April, 2014 05:38

China's 7.4% growth beats forecast

China's economy expanded by 7.4% in the first quarter of the year, better than expected but down from 7.7% at the end of 2013.

16 April, 2014 12:40

London Market Report

Upbeat forecasts for Sports Direct and better-than-expected Chinese growth data send the FTSE 100 higher.

16 April, 2014 12:02

Remittance fees 'hurt Africans'

Communities in sub-Saharan Africa are being "hurt" by high fees charged by money transfer operators, charity Comic Relief says.

16 April, 2014 11:35

'Shocking' rise in use of food banks

Hundreds of thousands more people are turning to food banks to stop themselves from going hungry, says charity the Trussell Trust.

News reports courtesy of BBC News.

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