Business News

A businessman investigated by City of London police is facing 30 charges of fraud

The incoming BP chief executive has said it is time to scale back some parts of the oil spill clean-up in the Gulf of Mexico.

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.

Airbus parent firm EADS says it is confident about future orders, despite reporting a fall in second-quarter earnings.

Government plans to limit the number of skilled foreign workers allowed into the UK are criticised by the Lord Mayor of London.

US economic growth slowed between April and June, with GDP growing by an annualised rate of 2.4%, the US Commerce Department says.

The Pensions Regulator is challenging a crucial plan to pay off the £10bn deficit in the Royal Mail pension scheme.

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.

BA reveals a steep quarterly loss of £164m after being hit by cabin crew strikes and disruption caused by the volcanic ash cloud.

Assets bought by the US to bail out AIG and Bear Stearns are showing a paper profit, the Federal Reserve Bank of New York says.

Walt Disney announces the sale of its Miramax film division for about $660m to a group of private equity investors.

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).

Families face missing out on financial assistance if they miss Saturday's deadline to renew tax credits.

The US economy grew 2.4% during the second quarter, according to figures published by the US government.

Turkey is facing a difficult decision after the EU approved an embargo on foreign trade with Iran this week.

Work and Pensions Secretary Iain Duncan Smith says welfare reform will be "humanizing" rather than "finger wagging"

Tom Feilden investigates whether the lessons on food security from the fuel protests 10 years ago have been learned

Samsung Electronics reports record quarterly profits thanks to higher sales of smartphones and components such as memory chips.

Young French people having difficulty finding affordable housing are being given the chance to help older members of society and put a roof over their own heads.

Fugitive Polly Peck tycoon Asil Nadir, who fled to northern Cyprus in 1993, begins a legal bid to be granted bail ahead of a UK theft trial.