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BBC News - Business


Millions have less than £100 in savings, study finds

Thu, 29 Sep 2016 12:16:24 GMT

More than 16m people in the UK have savings of less than £100, a study by the Money Advice Service (MAS) finds.

Commerzbank plans to cut 9,600 jobs

Thu, 29 Sep 2016 12:14:58 GMT

Germany's second-biggest lender, Commerzbank, plans to cut nearly 10,000 jobs and end dividend payments for the first time in a bid to save cash.

Price comparison sites to be probed by watchdog

Thu, 29 Sep 2016 10:56:45 GMT

The Competition and Markets Authority plans to scrutinise the operation of price comparison websites, which allow consumers to compare products and services.

Oil prices ease on doubts about Opec production cuts

Thu, 29 Sep 2016 10:23:57 GMT

The price of oil slips back in Thursday trading as traders question whether the output cut agreed by Opec will be binding.

Liam Fox predicts free EU trade post-Brexit

Thu, 29 Sep 2016 13:52:55 GMT

International Trade Secretary Liam Fox says the UK's trade with the European Union will be "at least as free" after Brexit as it is now.

Samsung in US 'exploding washing machines' probe

Thu, 29 Sep 2016 10:14:30 GMT

Samsung has confirmed it is in talks with US consumer watchdogs after a lawsuit against the firm over "exploding" washing machines.

Capita's shares slump 30% on profit warning

Thu, 29 Sep 2016 10:47:53 GMT

A profit warning from Capita, the company which operates the London congestion charge, prompts shares to plunge 30%

Alton Towers starts to see recovery in trade

Thu, 29 Sep 2016 07:17:32 GMT

Alton Towers has started to see a recovery in trade, its owners Merlin Entertainment have said, following last year's crash on the Smiler rollercoaster.

Spotify 'in talks to take over Soundcloud'

Thu, 29 Sep 2016 06:26:22 GMT

Music streaming company Spotify is reported to be in 'advanced talks' to take over rival Soundcloud.

Farm subsidies: Payment to billionaire prince sparks anger

Thu, 29 Sep 2016 10:00:58 GMT

Campaigners call for reform as figures reveal taxpayers are paying more than £400,000 a year to subsidise a Saudi billionaire's farm.

Oil firms and miners boost FTSE 100

Thu, 29 Sep 2016 11:18:20 GMT

The London market rises nearly 1% in morning trading, lifted by a strong showing from oil and mining stocks.

Hinkley Point contract to be signed

Thu, 29 Sep 2016 00:43:26 GMT

The government and French energy giant EDF are set to sign the key contract for the new £18bn Hinkley Point C nuclear power station.

Bidder 'hopeful' of Tata UK steelworks deal

Wed, 28 Sep 2016 20:41:41 GMT

A bidder for three Tata UK steelworks hopes to reach a deal "within weeks", according to industry sources.

VW boss: Emissions scandal 'a huge mistake'

Thu, 29 Sep 2016 12:17:40 GMT

Matthias Mueller, the chief executive of German car giant VW, says the firm made a 'huge mistake' in using technology in its diesel cars to cheat on emissions tests.

A turning point for India's insurance industry

Thu, 29 Sep 2016 02:18:26 GMT

As one of India's largest insurance firms launches the country's biggest stock market listing in six years, the industry is at a turning point.

The rise and fall of the Blackberry handset

Wed, 28 Sep 2016 15:34:36 GMT

Ten years ago Blackberries were the handset of choice for busy global business executives but now the company controls just 0.1% of the global smartphone market, so what went wrong?

Timeline: How did Blackberry get here?

Wed, 28 Sep 2016 20:12:31 GMT

Blackberry is to end production of its handsets and will outsource development to partners. The BBC's Chris Foxx takes a look at its bumpy history.

For Sale: Metals you've never heard of

Tue, 27 Sep 2016 16:27:34 GMT

Rhenium, zirconium, thallium - obscure metals trader Anthony Lipmann shows off his wares, but who would want to buy them?

The business of 'Muslim friendly' travel

Wed, 28 Sep 2016 00:43:16 GMT

The Malaysian firm TripFez is a bit like TripAdvisor - except it is focussing on serving global Muslim travellers.

Anger in China over peer-to-peer lending losses

Tue, 27 Sep 2016 00:39:02 GMT

Anger has been boiling over in China over the controversial practice known as peer-to-peer lending, with investors in one firm saying they have lost tens of millions.

Hyundai strike threatens car company's bottom line

Tue, 27 Sep 2016 00:38:18 GMT

On Monday, nearly 50,000 unionised workers at Hyundai held their first nationwide strike in more than a decade, action that could hit the car company's bottom line.

Plans for 'flood risk' symbols on homes prove controversial

Wed, 28 Sep 2016 23:04:24 GMT

The insurance industry publishes three "flood risk" symbols it would like estate agents in England and Wales to put on their property particulars

Airlines see sharp rise in unruly passengers, says industry group

Thu, 29 Sep 2016 03:49:33 GMT

Reports of passengers being verbally abusive or refusing to follow cabin crew orders rose by 17% in 2015, according to an industry group.

An excuse to shop

Wed, 28 Sep 2016 23:25:34 GMT

Tourists continue to flock to the UK after the Brexit vote, but could an exit from the EU have long-term ill-effects on tourism?

Thirsty business

Wed, 28 Sep 2016 23:09:19 GMT

A look at continuing efforts to reduce the water and energy needed to cool the world's data centres.

Enter the dragon

Wed, 28 Sep 2016 00:33:49 GMT

China's desire to become a footballing superpower could provide a big business opportunity for British firms and clubs.

Absent brands

Wed, 28 Sep 2016 10:14:33 GMT

With big name brands like Ford, Volvo, Rolls Royce, Bentley, Lamborghini and Aston Martin staying away from this year's Paris Motor Show, should the organisers be getting worried?

Memory keepers

Wed, 28 Sep 2016 12:35:34 GMT

The child of two Holocaust survivors talks about being the keeper of their memories – and projects working with children of survivors of massacres in Rwanda and Bosnia talk about the impact handed down through families.

Bras, bums and beauty

Tue, 27 Sep 2016 14:55:00 GMT

Adverts claiming to understand the experiences of modern women can be a risky strategy. Here are five very different campaigns that consumers either loved or hated.

Third-party ownership

Tue, 27 Sep 2016 09:58:30 GMT

What is third-party ownership and why is it banned in football?