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BBC News - Business - UK Edition 

Wage rises catch up with inflation

After nearly six years of falling real wages, rises in weekly earnings have finally caught up with inflation, according to the Office for National Statistics.

UK unemployment rate falls to 6.9%

The number of people out of work in the UK has fallen by 77,000 to a five year low of 2.24 million in the three months to February, official figures indicate.

First Heartbleed hacker arrested

A 19-year-old Canadian citizen is charged with hacking into the Canada Revenue Agency's website, becoming the first arrest in relation to the Heartbleed security breach.

Google shares drop 5% on income fears

Shares in Google fall 5% despite a 32% rise in first-quarter profit in response to worries over future income from advertising.

Virgin apologises for email glitch

Virgin Media has apologised after some of its customers received hundreds of unwanted emails because of a distribution list error.

Tesco announces 6% fall in profit

UK supermarket giant Tesco announces a 6% fall in annual group trading profit to £3.3bn, the second year that profits have fallen.

Starbucks to move European HQ to UK

Starbucks is to move its European head office to London by the end of the year, meaning it will pay more tax in the UK, the company says.

Court clears ex-Anglo bank boss

The former chairman of Anglo Irish bank has been found not guilty of illegally supporting the bank's share price, the jury continues to deliberate in the case against two others.

Legal costs hit Bank of America

Bank of America reports a $276m first-quarter loss, after taking into account a $6bn charge for mortgage-related legal matters.

Former Co-op boss faces drug charges

Paul Flowers, the former chairman of the Co-operative Bank and ex-Methodist Church minister, is charged with three counts of drug possession.

China's 7.4% growth beats forecast

China's economy expanded by 7.4% in the first quarter of the year, better than expected but down from 7.7% at the end of 2013.

Remittance fees 'hurt Africans'

Communities in sub-Saharan Africa are being "hurt" by high fees charged by money transfer operators, charity Comic Relief says.

'Shocking' rise in use of food banks

Hundreds of thousands more people are turning to food banks to stop themselves from going hungry, says charity the Trussell Trust.

Growth in Scottish economy slows

The Scottish economy grew by 0.2% in the final three months of 2013, compared with growth of 0.7% in the UK as a whole.

Credit Suisse rebuffs forex probe

Swiss bank Credit Suisse has found nothing "materially untoward" in how it trades foreign currencies, finance officer David Mathers has said.

Free jail-built bikes for jobseekers

Jobseekers in Derby will be given free bikes refurbished by prisoners in a bid to help them find work.

Footballer helps save pasty company

Former Leeds United footballer, Danny Mills, is among investors who stepped in to save 35 West Cornwall Pasty Company outlets

House prices continue to accelerate

The rate at which UK house prices are rising has continued to increase, official figures show, with prices up 9.1% in the year to February.

Families on 'financial knife-edge'

Almost 4m families have enough money to pay their rent or mortgage for only a month, if made jobless, housing charity Shelter says.

Graduate starting pay 'falling'

Starting salaries for graduate jobs, even in the best-paid fields of medicine and dentistry, have fallen 11% in five years, research suggests

China 'must allow currency to rise'

The US tells China its currency must be allowed to rise if its own and the rest of the world's economy are to see stable growth.

Ukraine crisis could hit Russian GDP

The Russian economy may see zero growth this year because of the Ukraine crisis, Russia's finance minister has admitted.

US inflation stays low in March

A sharp fall in petrol prices helped to keep US consumer inflation well below the Federal Reserve's 2% target in March.

The boss who wants staff to have fun

A profile of Henry Engelhardt, the boss of insurance group Admiral, and why he wants his staff to have fun.

Bamboo back in business for Taiwan

After decades of decline, Taiwan's bamboo industry is now recovering as the plant is being used to make a wider range of goods, says the BBC's Cindy Sui.

The Whole Foods way of engaging staff

How can firms engage their employees? Whole Foods chief executive John Mackey explains how he motivates his staff.

Man City players 'best paid in sport'

Premier League players at Manchester City are the best paid in global sport, according to a new study.

Hearts' banker agrees shares sale

Ukio Bankas creditors approve the sale of its shares in Hearts, who can now begin their move out of administration.

Prize money increase for French Open

The French Open will pay prize money of more than £20.6m this year, with the singles champions each receiving £1.36m.

VIDEO: Price war sees Tesco profits fall 6.9%

Tesco has reported a 6.9% fall in group trading annual profit to £3.3bn as it continues to lose market share to discount rivals.


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