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25 февраля 2011, 14:00

GDP decline was 'worse than originally feared'

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The strength of the recovery in the UK was dealt a further blow today as official figures revealed the decline in the economy in the final three months of 2010 was worse than originally feared.

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25 февраля 2011, 13:44

Water bills to rise with inflation

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Water and sewerage bills in England and Wales will go up by 4.6% this April to an average of £356 per household, regulator Ofwat has announced.

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25 февраля 2011, 12:31

Record numbers work unpaid overtime

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A record 5.26 million people worked unpaid overtime last year, clocking up an average of more than seven hours a week without pay, according to a new study.

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25 февраля 2011, 10:44

GDP decline was 'worse than expected'

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The strength of the recovery in the UK was dealt a further blow today as official figures revealed the decline in the economy in the final three months of 2010 was worse than originally feared.

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25 февраля 2011, 08:28

Lloyds move back into the black

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Part-nationalised Lloyds Banking Group today revealed its first annual profit since being bailed out at the height of the financial crisis.

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25 февраля 2011, 08:28

Lloyds moves back into the black

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Part-nationalised Lloyds Banking Group today revealed its first annual profit since being bailed out at the height of the financial crisis.

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25 февраля 2011, 01:00

Corus sale saves hundreds of jobs

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Hundreds of jobs have been secured after SSI, Thailand's biggest steel maker, finally sealed a deal to buy the Corus Teesside Cast Products (TCP) site in Redcar. The pact between SSI and Corus's parent, Tata Steel, values the business at $469m (£291m).

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25 февраля 2011, 01:00

Concerns over oil supply cause spike in prices as uprising hits exports

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the price of oil brushed the psychologically significant $120-a-barrel barrier mark during volatile trading yesterday, adding to mounting fears that the world's fragile economic recovery will be choked off by the unrest in the Middle East. Oil started the year at $85 a barrel, and the present panic may have the momentum to carry it beyond the $147 record set in 2008. There was even talk, from analysts at Nomura, of the price passing $200.

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25 февраля 2011, 01:00

Porsche merger with VW stalled by more inquiries

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The long-awaited merger between Porsche and Volkswagen may not happen until next year, the sports car-maker warned yesterday, after German prosecutors widened their investigation into the embattled company.

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25 февраля 2011, 01:00

Mulberry chief slams UK taxes

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Godfrey Davis, the chief executive of Mulberry, the fast-growing luxury fashion retailer, has blamed punitive tax rates for not opening a second factory in the UK.

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25 февраля 2011, 01:00

Bankers paid in paper as Wall St tries to reform

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The average Wall Street banker was handed a cash bonus of $128,530 (£79,340) for 2010, about 9 per cent lower than a year ago, according to the official reckoning of the bonus season just ended.

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25 февраля 2011, 01:00

M&S poaches Heere to head up international

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Marks & Spencer has poached a senior manager from the Spanish fashion group Inditex to spearhead its drive to double its overseas sales to £1bn over the next three years.