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Business chiefs urge taxes shake-up

Business chiefs urge taxes shake-up

Business leaders have called for big changes to taxes raising less than £5 billion, saying they should be merged or scrapped.

BT pensions deficit rises to £7bn

BT pensions deficit rises to £7bn

BT has revealed its pension deficit has swollen to £7 billion, prompting boss Gavin Patterson to deny that it will handicap the group's sporting ambitions as it limbers up for the latest Premier League TV rights auction.

Qatar snaps up 10% stake in IAG

Qatar snaps up 10% stake in IAG

Qatar Airways and the owner of British Airways have vowed to strengthen ties after the Gulf carrier snapped up a 10% stake in its European counterpart.

PPI claim time limit considered

PPI claim time limit considered

The City watchdog is considering whether to introduce a time limit on complaints for one of the country's biggest and longest running insurance scandals.

Ex-Bank chief tells of 'scary time'

Ex-Bank chief tells of 'scary time'

A former deputy governor of the Bank of England has described the global financial crisis that brought economies to the brink of collapse as a "very scary time".
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Poor session tarnishes strong month

Poor session tarnishes strong month

BT's pension woes meant the FTSE 100 Index endured a disappointing finish to its strongest monthly performance in almost a year today.
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First Milk reassurance over crisis

First Milk reassurance over crisis

The UK's largest diary firm reassured farmers today that the financial crisis which led to it delaying a £10 million payment earlier this month is over.
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US GDP growth slower than UK

US GDP growth slower than UK

The UK's claim to be the fastest growing major economy last year was today cemented by official figures confirming that US gross domestic product (GDP) rose by 2.4% in 2014.
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House-building creating jobs boom

House-building creating jobs boom

More than 100,000 jobs have been created over the past two years through a surge in house-building, with thousands more workers needed to meet the demand for homes, according to a new report.
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Detached homes 'making comeback'

Detached homes 'making comeback'

More detached homes are being built now than at the height of the property boom in 2007, an industry body has reported.
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