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Attacks on business snobbish - PM

Thu, 23 Feb 2012 02:11:58 GMTDavid Cameron is to praise business for its 'vital role' in society later and say attacks on wealth creators are motivated by "snobbery".

Yen falls to seven-month low

Thu, 23 Feb 2012 03:58:31 GMTThe Japanese yen falls to its lowest level against the US dollar in seven months, positive news for Japanese exporters.

HP sales fall short of forecasts

Wed, 22 Feb 2012 21:56:45 GMTComputer firm Hewlett-Packard sees a drop in first-quarter sales, as it attempts to turn itself around under new chief executive Meg Whitman.

Peacocks sold but 3,100 jobs lost

Wed, 22 Feb 2012 17:04:47 GMTFashion retailer Peacocks is sold out of administration to Edinburgh Woollen Mill, saving 6,000 jobs, but 3,100 staff will be made redundant.

Peugeot boosted by alliance talks

Wed, 22 Feb 2012 17:03:48 GMTPeugeot shares jump 12% after the carmaker confirms it is in talks about possible "co-operations and alliances".

CBI seeking 'targeted' tax cuts

Wed, 22 Feb 2012 00:01:26 GMTThe CBI calls on the government to give a £500m boost to business in the Budget through a series of "targeted and modest" tax cuts.

Bank members voted for £75bn QE

Wed, 22 Feb 2012 17:49:37 GMTMinutes show two of the Bank of England's Monetary Policy Committee wanted more money pumped into the economy, sending sterling down on the currency markets.

Obama seeks US corporate tax cut

Wed, 22 Feb 2012 18:26:09 GMTUS President Barack Obama proposes a cut in corporate tax and an end to tax loopholes, as part of his election-year strategy on the economy.

Hotels chain to create 3,000 jobs

Wed, 22 Feb 2012 15:53:19 GMTIntercontinental hotels, which owns the Holiday Inn and Crown Plaza hotel brands, says it will create 3,000 jobs in the UK.

Greek MPs consider bailout laws

Wed, 22 Feb 2012 17:38:48 GMTProtests take place outside parliament in Greece, as MPs consider emergency laws after a 130bn-euro bailout deal.

Air Asia hit by high fuel costs

Wed, 22 Feb 2012 15:43:32 GMTMalaysian budget airline Air Asia reports a 56% fall in fourth-quarter profit, hurt by higher fuel costs.

South Korea wins Navy tanker deal

Wed, 22 Feb 2012 21:51:46 GMTThe Royal Navy selects South Korean firm Daewoo for a £452m deal to build four new fuel tankers.

PPI payments 'hit £1.9bn in 2011'

Wed, 22 Feb 2012 11:32:11 GMTBanks paid out £1.9bn in compensation in 2011 for the mis-selling of payment protection insurance, a watchdog says.

Travis Perkins profits jump 37%

Wed, 22 Feb 2012 14:25:30 GMTTravis Perkins, the owner of Wickes, reports a jump in profits thanks to a strong performance in the building trade, but warned that the retail DIY market remains tough.

EU court to rule on Acta legality

Wed, 22 Feb 2012 13:03:23 GMTA controversial anti-piracy agreement is to be referred to the EU's highest court due to concerns surrounding internet freedoms.

New targets for tax inspectors

Wed, 22 Feb 2012 12:10:13 GMTTax inspectors will target the motor trade, market stallholders and clothing sellers as they extend their campaign against tax dodgers.

App helps blind people send texts

Mon, 20 Feb 2012 19:57:31 GMTAn app designed to help blind people send text messages could have many uses for fully-sighted people too, researchers say.

Vatican to lose tax-exempt status

Fri, 17 Feb 2012 10:47:05 GMTItaly's Catholic Church faces an annual multi-million euro bill over government plans to strip it of its tax-exempt status.

Stamp price rise plans challenged

Tue, 21 Feb 2012 15:53:46 GMTMPs challenge a regulator about plans to remove price caps on first-class stamps and raise the price limit on second class to as much as 55p.

New year drop in property sales

Tue, 21 Feb 2012 11:06:57 GMTHome sales recorded their typical new year dip, but transactions in the first month of the year were higher than any January since 2008, figures show.

Cash offer for insulation 'help'

Tue, 21 Feb 2012 09:10:47 GMTBritish Gas is offering £50 to anyone who can pass on the name of an elderly person or a family on benefits who needs to have their home insulated.

UK business confidence 'growing'

Wed, 22 Feb 2012 00:01:19 GMTThe number of UK businesses planning to increase their spending on marketing has risen sharply from last year, a survey suggests.

Eurozone service sector shrinks

Wed, 22 Feb 2012 10:41:43 GMTThe eurozone's service sector shrinks unexpectedly in February, a survey suggests, increasing fears of a recession.

Hungary may lose EU aid over debt

Wed, 22 Feb 2012 12:30:55 GMTThe European Commission plans to freeze 495m euros of funding for Hungary, lamenting the country's excessive budget deficit.

Dell forecasts decline in sales

Tue, 21 Feb 2012 23:04:12 GMTDell reports an 18% drop in fourth-quarter profit and forecasts a fall in sales in the current quarter, sending it shares down in after-hours trading.

Heathrow passengers reach record

Wed, 22 Feb 2012 08:30:03 GMTThe number of passengers using BAA's Heathrow airport reached a record last year while losses for the company narrowed, the airport operator says.

Megaupload founder granted bail

Wed, 22 Feb 2012 01:24:12 GMTThe founder of shut down file-sharing website Megaupload, Kim Dotcom, is granted bail by a New Zealand court.

Lin in 'Linsanity' trademark bid

Thu, 23 Feb 2012 01:16:10 GMTNew York Knicks basketball player Jeremy Lin files to trademark the term "linsanity", used to characterize his rapid rise to NBA stardom.

Rangers ex-chief questions Whyte

Wed, 22 Feb 2012 23:00:31 GMTA former chairman of Rangers suggests the debt the club owes Craig Whyte should be written off under the terms of the takeover contract.

Clarke & IMG settle legal dispute

Wed, 22 Feb 2012 11:44:57 GMTEngland & Wales Cricket Board chairman Giles Clarke and media giant IMG have settled their legal dispute out of court.

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