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Last Updated
14 hours ago

Xstrata announces fall in profits but maintains dividend payouts

Swiss firm annouces intention to continue dividend payments despite a drop in profits... more

Leading economist criticises G7 meet

Ex-IMF chief economist compares UK economy to other failing European nations... more

British Airways report pre-tax losses of £50m

BA announce better than expected year on year losses, beating market predictions... more

Stock markets take a hit as concern grows over pace of economic recovery

Global markets fall sharply as amidst growing concern over US unemployment and EU debt levels... more

Greece face EU scrutiny over failing economy

Greece’s troubles continue as it faces scrutiny over its failing economy from the European Union... more

Metropolitan police announce recruitment freeze due to "current economic position"

Successful applicants to the Metropolitan police have been told that they will have to wait up to two years before they can begin their post... more

Mandelson in talks with head of Kraft over workers' future

Business Secretary Lord Mandelson has met with the head of Kraft Irene Rosenfeld in an effort to secure the future of thousands of UK Cadbury workers... more

Experts predict power shortages for UK over the next decade

The UK’s energy regulator, Ofgem has warned that Britain could face power shortages in the near future... more

BP report fall in annual profits

Oil giant British Petroleum is the latest in a long line of global names to announce a sharp fall in last year’s profits, due to cheaper energy prices and smaller margins... more

Cadbury workers lobby government in an effort to secure jobs

Concerned workers from Cadbury will today lobby the government as they face a hostile takeover from rival US giant Kraft... more

Toyota's troubles worsen as Peugeot Citroen announce recall

Toyota’s troubles are deepening this week as Peugeot Citroen, Europe’s second largest car manufacturer, are recalling several models of cars built in conjunction with the beleaguered Japanese car giant... more

New insurance levy on banks announced

A proposal to impose a new insurance levy on world banks has been bolstered by support from the WEA (World Economic Forum)... more

Apple confirm UK launch for iPad - in talks with Orange

Apple have finally confirmed that its much-hyped device the iPad will go on sale in the UK in March... more

Toyota announce worldwide recall amidst safety fears

Japanese automotive giant Toyota has been forced to recall thousands of vehicles in the US, Europe and China amidst safety concerns... more

Obama goes back to basics for State of the Union

US President Barack Obama has made what many are calling a ‘back to basics’ speech for his first State of the Union address, revisiting key areas of his successful election campaign such as unemployment... more

2009 "worst year the industry has ever seen" for airlines

New figures have emerged showing that last year was officially the worst year the airline industry has ever seen. In a report by the International Air Transport Association (IATA), 2009 saw the biggest fall in passenger figures since records began... more

Mervyn King backs Barack Obama's call for reform

Mervyn King, Governor of the Bank of England has once again backed calls for a shake up of the global banking system... more

US housing market shows continued growth

Latest figures from the US show yet further signs that the global financial crisis may at last be subsiding. House prices in the United States rose for six consecutive months leading into December last year, figures have shown... more

UK finally catches up with Europe and exits recession

Figures due out today are expected to show that the UK economy officially exited a recession during the closing months of 2009... more

The future looks bright for technology giant Apple

Industry giant Apple is the latest in a long line of major technology providers to post encouraging third quarter profits, despite warnings from experts that the world’s economy is still very much in the grip of a financial crisis... more

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