UK Business News

22 May, 2015 07:55

Nationwide's profits rise 54% to £1bn

Nationwide building society reports a 54% rise in annual pre-tax profit to £1.04bn as it regains its position as the UK's second-largest mortgage lender.

22 May, 2015 00:02

Cost of rent 'up 4.6% in a year'

The cost of renting a home rose by 4.6% in the year to the end of April, the fastest rise since November 2010, a survey suggests.

22 May, 2015 10:26

Government borrowing falls to £6.8bn

UK government borrowing fell to £6.8bn in April, down from £9.3bn a year earlier, official figures show.

21 May, 2015 18:32

Ecclestone challenges £1bn tax move

F1 boss Bernie Ecclestone goes to court to challenge the legal basis of assessments that have left him facing a UK tax claim of more than £1bn.

22 May, 2015 09:16

Watchdog investigates lubricant deal

Reckitt Benckiser's possible acquisition of the K-Y brand "could lead to higher prices for personal lubricants", says the UK's competition watchdog.

22 May, 2015 07:42

Mazda and Mitsubishi recall more cars

Two more Japanese car giants - Mazda and Mitsubishi - are recalling 630,000 cars to replace faulty airbag inflators made by Takata.

22 May, 2015 08:12

Costa owner appoints female boss

Whitbread, the company that owns Costa Coffee and Premier Inn, is to become the sixth FTSE 100 company with a female chief executive.

22 May, 2015 08:32

Vodafone leads FTSE 100 higher

Vodafone was the star performer on the FTSE 100 in early Friday trading, adding 2.8%, as the benchmark index made modest gains.

21 May, 2015 17:25

Rail unions call off national strike

Rail unions call off a national strike, planned for the bank holiday, after receiving a "revised offer" in their pay dispute with Network Rail.

22 May, 2015 06:00

Mexico compensates China rail firm

Mexico will compensate China Railway Construction Corporation (CRCC) $1.31m (£835,953) for cancelling a $3.75bn high-speed rail contract.

News reports courtesy of BBC News.

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