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The latest business news headlines

Barclays shares rise but FTSE falls

Barclays shares rise but FTSE falls

A hike in Barclays dividend has helped its shares advance despite reporting a 3% drop in pre-tax profits to £5.9 billion.

Bank CEO Diamond 'proud' of lending

Bank CEO Diamond 'proud' of lending

Barclays boss Bob Diamond hailed the bank's UK lending record as he claimed: "We really got on our horses to get businesses going."

Banks miss lending targets to SMEs

Banks miss lending targets to SMEs

The UK's banks missed targets for lending to smaller businesses in 2011 by more than £1 billion, according to new figures.

450 jobs face axe in Comet review

450 jobs face axe in Comet review

Struggling electricals chain Comet is poised to cut 450 jobs in a drive for the "significant savings" needed to safeguard its future.

Flybe reveals revenues pressure

Flybe reveals revenues pressure

Airline Flybe has posted flat revenues in the UK as it highlighted the tricky conditions that caused its shares to hit turbulence last month.
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Stocks drop over Greece uncertainty

Stocks drop over Greece uncertainty

Asian stock markets dropped today after Europe's finance ministers demanded more spending cuts from Greece before clearing a 130 billion euro bailout to stave off the country's bankruptcy.
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Failed bank sues for 2.5bn dollars

Failed bank sues for 2.5bn dollars

Lehman Brothers Holdings is suing several units of Citigroup to recover 2.5 billion US dollars it transferred to a back-up account at Citi months before seeking bankruptcy court protection.
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Beer duty 'will cost 16,000 jobs'

Beer duty 'will cost 16,000 jobs'

Thousands of jobs will be lost unless the Government halts plans for a "punitive" tax rise on beer, industry leaders have warned.
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US stocks higher after Greece deal

US stocks higher after Greece deal

The stock market finally got a deal in Greece, but it did not produce much of a rally.
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PM urges more women in boardrooms

PM urges more women in boardrooms

Britain's economic recovery is being held back by a lack of women in the boardroom, David Cameron has warned.
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