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BBC News - Business - UK Edition 

Average wages overtake inflation

After nearly six years of falling living standards, weekly earnings have finally edged above inflation, according to the Office for National Statistics.

UK unemployment rate at 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 show.

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.

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.

'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.

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.

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.

Yahoo shares jump despite profit fall

Shares in the struggling internet search giant Yahoo surge 9%, despite first-quarter profits falling 20%.

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.

Coca-cola's fizzy sales go flat

The amount of fizzy drinks Coca-Cola sells worldwide falls for the first time in 15 years, but still drinks sales are up by 8%.

Pawnbroker exits administration

A group of investors buys UK pawnbroker Albemarle & Bond out of administration, but not all of its stores are included in the deal.

Final approval for EU banking reform

MEPs back rules for a banking safety net to minimise the risk of further EU taxpayer-funded bailouts.

Independence 'risks defence jobs'

Defence Secretary Philip Hammond predicts that a vote for Scottish independence would put defence jobs at risk.

Barclays appoints new board pay boss

Barclays has appointed Crawford Gillies as chairman of its remuneration committee, to replace current chair Sir John Sunderland later this year.

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.

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

UK inflation falls to 1.6% in March

UK's inflation rate, as measured by the consumer prices index, fell to 1.6% in March, the Office for National Statistics says.

Sharp increase in US retail sales

US retail sales saw their biggest gain in 18 months in March, official figures show, as the economy continues to gather strength.

Australia: Second airport for Sydney

Australia approves construction of a second international airport in Sydney, nearly 70 years after the idea was first debated.

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.

European Rugby Cup gets go-ahead

A new European Rugby Champions Cup to replace the Heineken Cup is given the go-ahead and will start in the 2014-2015 season.

Livingston eye community ownership

Livingston want to become the latest Scottish football club to move towards being fully owned by their community.

Games ceremonies' costs rise by 49%

The cost of the opening and closing ceremonies at this year's Commonwealth Games rises by almost half.


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