BBC Business
BBC News - Business
The latest stories from the Business section of the
BBC News web site.
Tax credit repayments 'to soar'
Many more people will face having to pay back some of the money paid to them as tax credits because of Budget changes, experts say.
Interns are 'entitled to be paid'
Many young people working free as interns may legally be entitled to pay, a report says.
Addresses set to lose county name
Counties appear set to be dropped from postal addresses in future years after complaints about out-of-date names.
US economic growth slows to 2.4%
US economic growth slowed between April and June, with GDP growing by an annualised rate of 2.4%, the US Commerce Department says.
Strikes and ash extend BA losses
BA reveals a steep quarterly loss of £164m after being hit by cabin crew strikes and disruption caused by the volcanic ash cloud.
Northwest agrees to pay $38m fine
Northwest Airlines will plead guilty and pay a $38m fine for fixing air-cargo prices, the US justice department says.
Immigrant worker limit criticised
Government plans to limit the number of skilled foreign workers allowed into the UK are criticised by the Lord Mayor of London.
Airbus firm EADS lifts output aim
Airbus parent firm EADS says it is confident about future orders, despite reporting a fall in second-quarter earnings.
Royal Mail pension plan in doubt
The Pensions Regulator is challenging a crucial plan to pay off the £10bn deficit in the Royal Mail pension scheme.
Fraud charges over £115m inquiry
A businessman investigated by City of London police is facing 30 charges of fraud
Deadline for tax credits renewal
Families face missing out on financial assistance if they miss Saturday's deadline to renew tax credits.
Disney sells Miramax film studios
Walt Disney announces the sale of its Miramax film division for about $660m to a group of private equity investors.
Sale of EDF's UK networks agreed
A consortium headed by Hong Kong billionaire Li Ka-Shing agrees to buy the UK networks of French power group EDF for £5.8bn ($9.1bn).
Benefits face 'radical' shake-up
Merging all tax credits and benefits into a single payment is one option being considered by Iain Duncan Smith in a "radical" welfare shake-up.
Fugitive Nadir will stand trial
Fugitive Polly Peck tycoon Asil Nadir, who fled to northern Cyprus in 1993, confirms he will come back to the UK to stand trail on theft charges.
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Daily Telegraph Finance
Finance and Business. Latest breaking news, stocks and shares from the UK an...
Latest financial news, breaking business news, stocks and share prices from the UK and world from Telegraph.co.uk
Shell looking slick compared with BP
Claridge's hotel owner looks to US private equity for help
The owner of Claridge's and The Connaught is close to finalising an emergency
£600m restructuring that will see the private US property manager Westbrook
Partners become a leading investor in the prestigous hotels group.
Knoc provides proof of funding for £1.7bn deal to buy Dana Petroleum
South Korea's national oil company has sent a letter to Dana Petroleum proving
it has the financial firepower to fund a £1.7bn takeover of the
London-listed rival.
You don't have to be Sir David Attenborough to spot the carnage at British Ai...
Another quarter, another roaring success for British Airways. It may have
tested its passengers' faith with 23 strike days. But the Wildlife Trust can
spot a winner when it sees one.
Double-dip feared as US economic growth loses pace
Fear of a double-dip grips investors after US growth is shown to have
contracted sharply in the second quarter.
Rentokil boss will have to work hard to see off the pests
Luckily, Alan Brown has a fine sense of humour. He's the man with the huge
aerosol, drafted into Rentokil Initial as its new chief executive in May
2008 when investors found pests lurking in every corner of the business.
ITV set to restrict some content to pay-TV
Soon you may no longer be able to watch some of ITV's hit shows for free.
Rocco Forte hires ex-M&B finance director Karim Naffah
Karim Naffah, the former finance director of Mitchells & Butlers who lost
his job after leading a £500m hedging debacle, has been appointed as
managing director of the Rocco Forte Collection.
Li Ka-Shing, Asia's richest man, buys EDF's UK power grids for £5.8bn
LI Ka-Shing, Asia's richest man, has bought EDF's British electricity network
business for £5.8bn in a deal that will see its £500m pension deficit for UK
workers reduced by a quarter.
Shire among the laggards as FTSE 100 slips
Shire Pharmaceuticals looked under the weather on Friday as the FTSE 100 slid
55.93 points to 5258.02 on weak US growth data.
'Maybe I'll be in Rocky 7'
Champion boxer Joe Calzaghe talks about money.
Facebook 'postpones' float until 2012 to allow growth
Facebook looks increasingly unlikely to risk a stock market float before 2012,
in order to financially capitalise on its ever-growing band of followers.
Bradford & Bingley back in the black with £896m profit
Bradford & Bingley, the nationalised buy-to-let mortgage specialist that
is in run-off, has returned to profit after bad debts fell in the first half
on the back of the improving economic conditions.
BP cuts back oil spill clean-up as it prepares to 'kill' leak
BP has begun scaling back its efforts to clean up oil in the Gulf of Mexico
after its giant spill at the "right time", according to incoming
chief executive Bob Dudley.
Broadband bundles made clear
Sky, Virgin or Freeview? Finding the cheapest phone, broadband and TV package
can be daunting. We look at the options.
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