viewmynewz.com - World News and Affairs : Updates

BBC Business News

[Report abuse]

Mon, 06 Feb 2012 14:45:24 GMT

Government talks in Greece to try to agree new austerity measures needed to secure bailout funds and avoid defaulting on its debts, are delayed.

Network Rail boss foregoes bonus

Mon, 06 Feb 2012 15:39:26 GMT

Network Rail bosses, including chief executive Sir David Higgins, say they will not accept bonuses this year amid growing political pressure.

Borrowers 'shunning credit cards'

Mon, 06 Feb 2012 11:31:58 GMT

Demand for credit cards is "feeling the strain" as UK borrowers turn to other forms of finance, a report suggests.

Tesco Bank delays account launch

Mon, 06 Feb 2012 09:31:39 GMT

Tesco Bank is not expected to launch its current account until next year in order to take advantage of new rules.

Brazil privatises three airports

Mon, 06 Feb 2012 15:52:22 GMT

The Brazilian government privatises three airports, including the country's largest in Sao Paulo, in sales valued at $14bn.

P45 tax form is given a reprieve

Mon, 06 Feb 2012 14:55:24 GMT

The P45 has been given a reprieve by the UK tax authority after employers said they did not want to see it go.

House prices 'up 0.6% in January'

Mon, 06 Feb 2012 16:43:13 GMT

UK house prices increased by 0.6% in January, according to the latest survey from the Halifax.

Final bids for retailer Peacocks

Mon, 06 Feb 2012 06:47:23 GMT

Six serious bidders remain in contention to take over the Cardiff-based clothing retail firm Peacocks, struggling with £750m debts, BBC Wales understands.

HTC profits up but outlook poor

Mon, 06 Feb 2012 12:10:09 GMT

Taiwan smartphone maker HTC reports a 57% jump in annual profits, but it predicts a downbeat start to trading this year.

Ofcom wants Openreach price cut

Mon, 06 Feb 2012 12:18:08 GMT

Telecoms regulator Ofcom tells BT Group to cut the wholesale prices it charges for use of its lines

China in EU carbon scheme 'ban'

Mon, 06 Feb 2012 04:24:23 GMT

China tells its airlines not to pay charges to the EU's Emissions Trading Scheme, aimed at cutting carbon emissions.

Bank lending 'to shrink' in 2012

Mon, 06 Feb 2012 09:41:38 GMT

UK bank lending is set to shrink this year for the first time since 2009, according to the Ernst & Young Item Club.

Businesses 'cautious' on future

Mon, 06 Feb 2012 02:50:13 GMT

UK firms plan to cut back on capital investment and hiring as the UK economic outlook remains gloomy, a report suggests.

India telecom ruling 'harms' firm

Mon, 06 Feb 2012 11:36:30 GMT

Telecoms firm Uninor says it has been "unfairly harmed" by an Indian court ruling cancelling licences issued in 2008.

Mitsubishi to close Europe plant

Mon, 06 Feb 2012 07:53:34 GMT

Japanese car maker Mitsubishi Motors says it is to end production at its only plant in Western Europe.

Qantas CEO warns on airline laws

Mon, 06 Feb 2012 05:43:21 GMT

The chief executive of Qantas says the airline would be forced to cut services and jobs should pro-Australia airline bills be passed.

Annuity sales 'unfair and opaque'

Sat, 04 Feb 2012 00:01:34 GMT

The way annuities are sold is costing half a million retirees each year as much as £1bn in future pension income, the National Association of Pension Funds says.

1.1 million face £100 tax fines

Fri, 03 Feb 2012 13:44:16 GMT

Just over one million taxpayers face a penalty of £100 for failing to submit their self-assessment tax returns on time, HM Revenue and Customs says.

Personal insolvencies 'down 11%'

Fri, 03 Feb 2012 11:09:00 GMT

Fewer people were declared insolvent in 2011 in England and Wales than in 2010, but the number of companies going bust increased.

Euro crisis 'could damage China'

Mon, 06 Feb 2012 10:27:28 GMT

A eurozone recession could almost halve Chinese growth this year, according to a report by the International Monetary Fund.

Work contacts 'cut dropout rate'

Sun, 05 Feb 2012 00:37:36 GMT

The more young people come into contact with employers the less likely they are to drop out of school and become unemployed, research suggests.

PM urged to cut wind farm subsidy

Sun, 05 Feb 2012 15:15:53 GMT

More than 100 Conservatives are among MPs who have written to the prime minister calling on him to slash subsidies for onshore wind turbines.

Web firms remove India material

Mon, 06 Feb 2012 09:56:52 GMT

Facebook and Google tell a court in India they have complied with an order to remove "objectionable" material, amid ongoing legal moves on censorship.

High Streets bid for £1m funding

Sat, 04 Feb 2012 11:35:58 GMT

The government is looking for 12 run down High Streets in England to share £1m as a part of plans proposed by TV retail guru Mary Portas.

New Virgin staff pay for checks

Fri, 03 Feb 2012 23:53:12 GMT

Virgin Atlantic is forcing successful job applicants to pay for their own criminal record checks, Radio 4's Money Box reveals.

Redknapp 'one half of Odd Couple'

Mon, 06 Feb 2012 14:17:51 GMT

Harry Redknapp and former Portsmouth FC chairman Milan Mandaric were like "The Odd Couple", a court hears.

England players go unsold at IPL

Sat, 04 Feb 2012 09:28:59 GMT

Seven England players and Ireland batsman Kevin O'Brien fail to attract bids at the Indian Premier League auction.

Score draw in TV football case

Fri, 03 Feb 2012 15:30:27 GMT

The Premier League and the importers of foreign satellite TV decoder boxes and cards are both claiming victory after their latest court battle

VIDEO: Greece restarts debt crisis talks

Mon, 06 Feb 2012 15:37:54 GMT

The BBC's Aaron Heslehurst on the resumption of Greece's debt crisis talks and China's refusal to pay a new EU airline tax.

AUDIO: 'Unemployment emergency' in UK

Mon, 06 Feb 2012 08:52:23 GMT

David Miliband: A "deep structural problem" is breeding youth unemployment in Britain

VIDEO: Why payday loans are on the up

Mon, 06 Feb 2012 11:54:54 GMT

Total bank lending in Britain is set to shrink for the first time since 2009 and the lack of credit from mainstream banks could help payday loan firms grow further.

AUDIO: Life as a manufacturing apprentice

Mon, 06 Feb 2012 13:18:08 GMT

Apprentices at a missile manufacturing firm told Radio 5 live what they like about the schemes and what they would change.

VIDEO: My Bottom Line: Ken Weir

Fri, 03 Feb 2012 12:39:09 GMT

Honda Motors Europe vice-president Ken Weir argues that the UK needs to develop apprenticeships for the benefit of young people as well as companies and communities.

VIDEO: Heathrow flights hit by weather

Mon, 06 Feb 2012 09:42:54 GMT

The Independent's Simon Calder explains why Heathrow airport was so badly affected by the severe weather on Sunday.

VIDEO: Your Money: Tips on money management

Sat, 04 Feb 2012 18:09:48 GMT

In this week's Your Money, Declan Curry looks problems with pensions, considers the benefits of credit unions and gets some top tips on how to manage your money.

VIDEO: Eye-tracking helps advertisers

Mon, 06 Feb 2012 10:29:24 GMT

Developments in eye-tracking technology are helping advertisers predict what products will appeal to customers.

Bristol launches its own currency

Mon, 06 Feb 2012 01:14:28 GMT

Keeping it within the local economy

Snow difficulties and your rights

Mon, 06 Feb 2012 12:33:03 GMT

Your rights if you are unable to reach work owing to snow and ice

Tales of woe from the roaming professionals

Sun, 05 Feb 2012 15:42:10 GMT

When working in a new country can prove unlucky