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January snow hits UK retail sales
UK retail sales declined from December to January, surprising economists who had forecast sales to grow at the start of the year. Figures released today by the Office for National Statistics (ONS) show that the quantity of goods bought in …
Bank of England and CBI expect modest recovery for UK economy
Predictions continue to be made about the prospects for the UK economy in 2013 and beyond. Today, the Bank of England and business organisation the CBI set out
Barclays announces job cuts and transformation plan
Barclays said today that it is aiming to transform its business after a series of scandals rocked the bank and the wider industry. New chief executive Antony Jenkins, who
UK business survey suggests confidence at 21-year low
Is it too early to predict that the UK will avoid its third recession in five years? It may be, according to a new survey by accountants and
Google chairman Schmidt to sell shares in the company worth over $2.5bn
Eric Schmidt, executive chairman at Google Inc (NASDAQ:GOOG), wants to shed 3.2m class A shares in the Internet giant, via a stock trading plan, the company said. Under the
George Lucas has no immediate plans to sell Disney stake
George Lucas, the former owner of production company Lucasfilm Ltd, does not intend to offload his 2.1% stake in US entertainment giant The Walt Disney Company (NYSE:DIS), his
UK manufacturing output returns to growth
The UK's industrial production rose by 1.1% in December 2012, official figures from the Office for National Statistics (ONS) showed today. The growth was driven by a 1.6% increase
UK sees big rise in self-employment
A significant number of people in the UK have become their own boss since the start of the economic downturn in 2008, figures showed today. The Office for National
UK retail sales and services sector activity on the rise
Two separate surveys released today provide evidence that the British economy is starting to grow again. They reveal that retail sales and the hugely important services sector both expanded
US-based media group Liberty in talks to acquire Virgin Media
UK pay TV operator Virgin Media Inc (NASDAQ:VMED, LON:VMED) said today it was in talks with Liberty Global Inc (NASDAQ:LBTYA) about a takeover bid by the US cable
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