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BBC News - Business - UK Edition 

BP warns of Russia sanctions risk

Oil giant BP reports a rise in second quarter profits to $3.2bn (£1.9bn), but warns that further economic sanctions against Russia could affect its business.

Bankers should 'swear ethics oath'

An oath for bankers should be introduced to raise accountability and standards in banking, says a think tank.

Gherkin skyscraper put up for sale

London's Gherkin skyscraper is put up for sale, with interest expected from Chinese, other Asian, and US buyers.

Personal insolvencies in sudden jump

There has been a sudden jump in the number of individuals becoming insolvent, in the steepest rise since 2010, according to government figures.

Microsoft in China anti-trust probe

An anti-monopoly investigation into US technology giant Microsoft is launched by Chinese authorities.

UBS responds to 'dark pools' probe

UBS, Switzerland's biggest bank, says it is responding to US investigations surrounding a private trading system known as "dark pools".

Lloyds fined £218m over Libor

Lloyds Banking Group is fined £218m for "serious misconduct" relating to key interest rates including Libor.

London Market Report

Car and plane parts maker GKN and clothing retailer Next are the biggest risers in early London trading.

Beauty spots still at fracking 'risk'

Government guidance that fracking licences can only be issued for beauty spots in "exceptional circumstances" receives a mixed response from campaigners.

Russia plans $50bn Yukos appeal

Russia will appeal against a court decision ordering it to pay the biggest compensation package to date, amounting to $50bn (£29.5bn) in damages.

House price growth 'starts to slow'

Seven out of 10 regions of England and Wales recorded month-on-month falls in house prices in June, according to the Land Registry.

Emirates to stop flying over Iraq

Emirates Airline will stop flying over Iraq to protect its passengers from the threat of Islamic militants on the ground, according to reports.

Bupa calls for 15% industry price cut

Britain's biggest private healthcare company tells the BBC that it is charging its own customers too much and that the industry needs to urgently rethink how it sets prices.

'Community banks' to avert debt trap

The best credit unions should be empowered to offer short-term loans that are cheaper than those offered by payday lenders, according to a report from a think tank.

Rise in younger fraudsters says KPMG

Frauds committed by those aged 26-35 rise 285% in the first half of the year, to just over £62m, according to research by accountants KPMG.

Ryanair raises profit forecasts

Budget airline Ryanair has raised its annual profit forecast after seeing a sharp rise in earnings for the three months to June.

RAC urges parking funds transparency

Councils should show where they are spending the money they raise on parking fees as motorists see higher charges, says the RAC.

Grouse off the shelves at M&S

Marks and Spencer says it will not be selling red grouse this year after concerns about the way in which the game birds are killed.

'Youngsters' pocket money squeezed'

The economic recovery in the UK has not been felt by youngsters who have seen their pocket money fall in the last year, a survey suggests.

Disabled face 'living costs penalty'

People with disabilities face a "premium" of £550 a month owing to extra transport, insurance and living costs, a charity has claimed, prompting a commission to be launched.

Coach firm collapse affects hundreds

A travel company goes into administration with the loss of 89 jobs and a knock-on effect on hundreds of customer bookings.

Register 'fails to stop cold calls'

Only a third of "nuisance" calls are blocked by a service that allows individuals to opt-out of marketing calls, research has found.

Strike ends in South Africa

A four-week strike in South Africa's steel and engineering industries has come to an end after the country's biggest trade union sealed a deal with employers.

Russia's surprise interest rate rise

Russia's central bank has unexpectedly said it will raise its key bank interest rate over concerns about inflation and "geopolitical tension".

IMF lowers global growth forecast

The International Monetary Fund (IMF) has lowered its forecast for global economic growth this year, from 3.7% to 3.4% but the UK's forecast is raised.

Business gurus answer your questions

Three business investors answer our readers' questions about how they judge whether or not to invest in a business venture.

The rise of solo dining

With a growing number of people going out for meals on their own, restaurants are increasingly seeking to appeal more to solo diners, reports Barbara Balfour.

A company born out of frustration

Easy Taxi founder Tallis Gomes explains how the difficulties of hailing a cab in Rio de Janeiro led him to create his smartphone app.

Qatar 2022 'dismay' at workers' pay

Organisers of the 2022 World Cup in Qatar say they are "heavily dismayed" by claims that migrants who worked on their offices are still waiting to be paid.

Fifa widens ban for Ghanaian Edusei

Former Ghana international Mark Edusei has a suspension for match-fixing imposed in Italy extended to a global ban by Fifa.


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