UK Business News

30 July, 2014 19:37

US economic growth surges by 4%

The US economy grew by 4% in the second quarter, according to a preliminary reading by the US Department of Commerce, beating expectations.

30 July, 2014 18:57

Energy firms to 'double' margins

The big six energy firms are set to double their profit margins over the next year, according to estimates by the regulator, Ofgem.

30 July, 2014 14:39

New banker rules 'could hurt London'

Bank of England plans to penalise badly-performing bankers could put London at a disadvantage as a financial centre, says banking industry body BBA.

30 July, 2014 19:15

Bank of America in 'hustle' case

Bank of America's Countrywide unit must pay $1.3bn for selling defective home loans to US government mortgage lenders, a New York judge rules.

30 July, 2014 13:50

HSBC closes some Muslims' accounts

HSBC bank writes to Finsbury Park Mosque and other Muslim organisations around the UK giving them notice their accounts will be closed.

30 July, 2014 16:24

Airbus says plane market 'strong'

Airbus says the market for commercial aircraft is "still very strong" despite a wave of order cancellations.

30 July, 2014 11:01

Barclays sees profits fall by 7%

Barclays' half yearly profits fall 7% to £3.35bn, following a fall in revenue at its investment bank.

30 July, 2014 14:14

Nintendo posts loss despite Mario

Nintendo's share price drops after the company reports a bigger than expected loss despite the release of Mario Kart 8 over the period.

29 July, 2014 21:48

Twitter shares surge on user growth

Social networking service Twitter reports a second-quarter loss of $145m but better than expected user growth, sending shares surging over 35%.

30 July, 2014 10:39

World Cup ads boost ITV profits

The World Cup and a revival in advertising revenues boost profits at the broadcaster ITV.

News reports courtesy of BBC News.

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