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BBC News - Business - UK Edition 

UK inflation rate falls to 1.5%

Cheaper food and fuel prices helped to push down the UK consumer price inflation rate to 1.5% in August, official figures show.

Bosses and cash vanish at shoe firm

Chinese footwear firm Ultrasonic has announced the disappearance of its chief executive and chief operating officer, along with most of its cash.

Six regions hit new house price peak

Six regions of the UK now have average house prices higher than their pre-financial crisis peak after values rose again in July, official figures show.

Global firms 'need new tax rules'

Moves to tackle corporate tax avoidance on a global scale are unveiled by the Organisation for Economic Co-operation and Development (OECD).

Judge overturns Uber ban in Germany

A German judge has overturned a temporary injunction which banned Uber from operating one of its services in the country.

Phones 4U founder attacks networks

Phones 4U founder John Caudwell blames the demise of his former company on the 'ruthless' actions of the mobile phone networks.

German investor confidence falls

Investor sentiment in Germany fall for the ninth month in a row as conflict in Ukraine and weak economic growth in the eurozone undermine confidence, a survey suggests.

Radisson halts Vikings sponsorship

Hotel chain Radisson suspends its sponsorship of NFL team Minnesota Vikings after one of their players was charged with child abuse.

Russian rouble falls to new low

The Russian rouble falls to a new all-time low against the US dollar amid concerns about the effect of sanctions on the country's economy.

Alibaba raises price of share sale

Chinese online giant Alibaba increases the price range of its initial public offering, meaning it could raise more than $25bn when it lists in New York.

Asos shares fall 14% on poor outlook

Shares in online fashion firm Asos fall 14% in early trading after it downgraded its profit forecast for the coming financial year.

Climate change remedies 'affordable'

A global commission says the extra costs of tackling climate change will be 'modest', but doing nothing could put the world economy at risk.

Microsoft buys Minecraft for $2.5bn

Mojang, the Swedish firm behind the popular video game Minecraft, is bought by Microsoft for $2.5bn (£1.5bn).

Gaultier quits ready-to-wear clothes

French fashion house Jean Paul Gaultier is to stop making ready-to-wear clothes for both men and women, and will focus on "haute couture" and perfume.

London Market Report

The FTSE falls and shares in Thomas Cook drop 6% after the travel firm says bookings in Germany have slowed because of weaker consumer confidence.

Design contest opens for new £1 coin

The public is being invited to take part in a design competition to create an image which will be emblazoned onto a new £1 coin, the Treasury says.

Google worker lived a year on campus

Three Google workers recall living for months at a time at the firm's headquarters in California taking advantage of the perks it offers.

Contactless payments arrive for Tube

Contactless bank cards are being introduced on London's Tube, DLR and Overground trains from Tuesday.

Southern Water £176m sewage penalty

A water company could face a levy totalling £176m imposed by the water regulator for failings in customer services and managing sewerage systems.

Phones 4U shops closing for business

Retailer Phones 4U has gone into administration putting 5,596 jobs at risk, as network provider EE joins Vodafone in not renewing its contract.

OECD sees global economy held back

A slow recovery among nations using the euro is holding back the global economy, the Organisation for Economic Co-operation and Development says.

Business urges post-referendum unity

A leading Scottish business group calls for the country to unite "to drive Scotland forward", whatever the referendum result.

Uganda predicts bigger coffee crop

Uganda's coffee farmers are looking forward to a bigger harvest of beans this year thanks to more rain

Picking the best business location

Choosing where to locate your business is a vital decision for any new start-up, as business reporter Perry King reports from Canada.

The start-up boss rejected 45 times

Nick Hungerford, the founder and boss of online investment company Nutmeg, talks about how he set up the business.

Kenya's business beauty queen

Terry Mungai has built a beauty empire, including 12 salons, three training schools, the Miss World Kenya franchise and now a cosmetics shop.

US firm assessing offer for Tottenham

US private investment company Cain Hoy Enterprises confirms it is considering a takeover offer for English Premier League club Tottenham Hotspur.

Man United predicts fall in profit

Manchester United predicts profit and revenue to fall as a result of its failure to qualify for Champions League.

Ferrari chairman quits after 23 years

Ferrari's long-time chairman Luca Di Montezemolo is stepping down and will be replaced by Fiat boss Sergio Marchionne.

VIDEO: Have you heard of Alibaba?

Alibaba is the world's biggest e-commerce firm but most people in the West haven't heard of it.


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