UK Business News

23 August, 2014 00:27

BT warns of rise in phone bills

BT warns millions of customers it is increasing prices by up to 6.5% from December this year.

22 August, 2014 15:55

Fed says 'slack' in US jobs market

US Federal Reserve chair Janet Yellen says there is still "remaining slack in the labour market".

23 August, 2014 00:27

Buyers gain £1,300 a year over rents

First-time buyers now save £1300 a year by taking out a mortgage rather than renting, according to Britain's largest lender, the Halifax.

22 August, 2014 11:33

Co-op Bank reports loss of £75.8m

The troubled Co-operative Bank cuts its pre-tax losses in the first half of the year, and cuts staff numbers by 13%.

22 August, 2014 11:28

HSBC boss in 'capital flight' claim

Uncertainty over an independent Scotland's currency could lead to "capital flight" from the country, the chairman of HSBC claims.

22 August, 2014 09:00

EDF to pay out £3m after complaints

EDF Energy is ordered to pay £3m after an Ofgem probe into the way the firm handled customer complaints, the last of the "big six" to make such a payment.

22 August, 2014 09:03

LSE rights issue to raise almost £1bn

The London Stock Exchange is raising £938m in a shareholders rights issue to help fund a £1.6bn US acquisition.

22 August, 2014 00:32

Argentina debt plan ruled 'illegal'

Argentina's plan to ask investors holding defaulted bonds to swap them for new locally issued debt is ruled "illegal" by a US court.

22 August, 2014 16:12

Three bids remain for bust shipyard

Administrators consider three bids for Ferguson Shipbuilders in Port Glasgow, which went bust last week.

22 August, 2014 02:17

Gap goes to India for new customers

US clothing store Gap is bringing its brand to India with the aim of opening 40 outlets, and will launch the first two stores early next year.

News reports courtesy of BBC News.

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