UK Business News

22 September, 2014 12:37

Tesco probe into £250m profit error

Tesco has suspended four executives, including its UK managing director, after the supermarket overstated its half-year profit guidance by £250m.

22 September, 2014 07:29

EE to take over 58 Phones 4U stores

Mobile phone operator EE is to buy 58 stores from Phones 4U, which fell into administration last week.

22 September, 2014 08:51

Shoe firm boss denies taking money

The chief executive of Chinese footwear firm Ultrasonic has spoken to Chinese media and denied running off with the firm's cash.

22 September, 2014 11:36

Review of energy firms' debt letters

Regulator Ofgem is launching a review of energy firms' communications with customers in debt amid concerns over potentially misleading letters.

22 September, 2014 12:38

Cards declined after Barclays error

Customers of banking giant Barclays had their debit cards refused in stores and online on Monday after a temporary technical problem.

22 September, 2014 11:29

Air France halts budget airline plan

Air France has said it is suspending until December its plan to develop its budget carrier, Transavia, in an effort to end a pilots' strike over the move.

22 September, 2014 08:24

Aldermore plans London flotation

UK bank Aldermore announces that it intends to float on the London Stock Exchange in October.

22 September, 2014 13:02

Balls: Labour has 'learnt from past'

Labour has "learnt from the past" and will not "duck" tough decisions in power, Ed Balls tells the party's annual conference.

22 September, 2014 10:33

Dairy Crest cuts jobs at two sites

Dairy Crest announces it is to close a creamery in Somerset and bottling dairy in London leading to 260 job losses.

22 September, 2014 05:32

Siemens acquires US firm for $7.6bn

Siemens of Germany makes a $7.6bn acquisition of US firm Dresser-Rand to help boost its oil and gas business in North America.

News reports courtesy of BBC News.

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