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BBC News - Business - UK Edition 

Royal Mail sees parcels revenue fall

Royal Mail's share price falls as it warns of lower revenues from its parcels business, but says it should still be able to meet its targets for the year.

PPI 'dominates complaints data'

Up to 5,000 new complaints a week about payment protection insurance (PPI) are making their way to the financial ombudsman, but the numbers are falling.

UK house sales 'highest since 2007'

UK property sales in June hit their joint highest monthly total since the financial crisis began, figures show, but sales among young adults are low.

Lidl publishes UK tax payment

German discount retailer Lidl, which has around 600 UK stores, publishes the amount of tax it pays in the UK for the first time.

Public borrowing at £11.4bn in June

The government borrowed more than expected in June, and has failed to reduce public sector borrowing since the beginning of the fiscal year, official figures show.

Yahoo buys app analytics firm Flurry

Yahoo acquires an app analytics firm, Flurry, in an attempt to help boost its advertising revenue from smartphones.

Credit Suisse posts quarterly loss

Swiss banking giant Credit Suisse reports its biggest quarterly loss in almost six years after being hit by its settlement with US authorities over tax evasion charges.

Netflix profits double to $71m

Online video service Netflix reports profits of $71m in the second quarter, more than double compared with the same period a year ago.

Osborne to announce £18m funding

Chancellor George Osborne will announce £18m of funding for business projects he says could help create 30,000 jobs in the Glasgow area.

London Market Report

The FTSE 100 rises, with shares in chip designer Arm Holdings up more than 3% after it reports an increase in second quarter profits.

China signs Venezuela oil deal

Chinese President Xi Jinping has signed an oil deal with Venezuela, as part of a four-day tour of Latin America.

Remploy services to be privatised

Remploy, which once ran factories employing disabled people, is to be privatised, the government announces.

Criminal probe targets forex market

The Serious Fraud Office (SFO) launches a criminal investigation into allegations of price rigging in the foreign exchange market.

Tesco boss feels 'relief' over exit

Tesco says chief executive Philip Clarke expresses his 'enormous relief' over leaving the company.

Independent help for new pensioners

Savers will receive free independent guidance as part of a move to give unfettered access to their pension funds from next year, the government says.

Seoul to ban ride-sharing app Uber

Seoul is planning to ban mobile phone ride-sharing app Uber just as the company aims to accelerate its expansion in Asia.

Airbnb logo faces Twitter backlash

Airbnb's new logo has been criticised and mocked by social media users, although others have praised the rebrand.

Blogger fined for restaurant review

A French judge rules against a blogger whose restaurant review is deemed too prominent in Google search results.

Student loan system 'tipping point'

There are so many problems and incorrect forecasts in the student loan system that there needs to be a complete review, says a report from MPs.

Nationwide computer glitch 'over'

Nationwide Building Society says the technical problems that hit its online banking services have been resolved.

Banks to face full competition probe

Markets watchdog the Competition and Markets Authority (CMA) has recommended a full competition inquiry into banks.

UK to post 'strongest growth in G7'

The UK economy will grow faster in 2014 than any other G7 state, while low wage rises will keep interest rates at 0.5% until next year, says a report.

Lagarde warns of market optimism

IMF head Christine Lagarde warns that financial markets maybe a little too upbeat given high levels of unemployment and debt in European economies.

US and EU boost sanctions on Russia

The US and EU bolster sanctions against Russia over its actions in Ukraine, prompting an angry reaction from Vladimir Putin.

How to ask for $250m

The dos and don'ts of pitching for business investment, what venture capitalists look for, and what they run from.

Chasing the silver dollar

With the world's population getting older, the BBC's Jane O'Brien meets some of the growing number of entrepreneurs targeting the "silver dollar" - elderly customers.

Would you get a tattoo of a company logo?

Chuck Runyon, the boss of fast-growing US gym chain Anytime Fitness, explains why more than 2,000 people have been inspired to get tattoos of the company's logo.

Real Madrid 'most valuable team'

Real Madrid has topped an annual Forbes list of the world's most valuable sports teams.

Fifa partner surrenders in Brazil

Ray Whelan, the British boss of a World Cup hospitality firm, surrenders to a Brazilian judge amid a probe into alleged illegal ticket sales.

Man Utd signs £750m Adidas kit deal

Adidas will pay £75m a season to make Manchester United's kit for the next 10 years, after Nike ended its 13-year partnership.


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