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BBC News - Business - UK Edition 

Greece 'cannot afford IMF repayment'

Greece will not be able to make a debt repayment to the IMF due in early June as it does not have the money, the interior minister says.

'No return' to easier dismissal plan

Business Secretary Sajid Javid says he hopes to save firms more than £10bn by cutting red tape - but rejects a fresh move to make it easier to sack employees.

Apprenticeship system 'fails young'

The apprenticeship system in Britain is "failing" and needs reform to address youth unemployment, a new report commissioned by the Local Government Association says.

Japanese shares higher on trade data

Japan's shares head higher after data showed the country's trade account fell into a deficit in April, but it beat expectations.

Email error reveals bank's EU project

The Bank of England confirms it is researching the financial risks of the UK leaving the EU after it "inadvertently" sent details of the project to the Guardian newspaper.

PM announces freeze in ministers' pay

Government ministers will face a further five years of frozen pay, Prime Minister David Cameron says.

China's Amazon railway plan advances

A Chinese scheme to build a railway across South America, crossing the Amazon rain forest, moves a step closer as Peru agrees to study the plan.

Yellen: US rates may rise this year

The chair of the US Federal Reserve, Janet Yellen, says she expects the central bank to begin raising interest rates "at some point this year".

Government borrowing falls to £6.8bn

UK government borrowing fell to £6.8bn in April, down from £9.3bn a year earlier, official figures show.

Tobacco firms challenge packaging law

British American Tobacco and Philip Morris file legal challenges against the UK government over plain packaging for cigarettes.

Cost of rent 'up 4.6% in a year'

The cost of renting a home rose by 4.6% in the year to the end of April, the fastest rise since November 2010, an agency group says.

UK job quality stalls for first time

A measure of the quality of jobs done by workers in the UK has fallen slightly for the first time.

Train firm 'sorry' for death message

A train company apologises after passengers were told a track delay was because someone "couldn't be bothered to live any more".

Pickpockets close Eiffel Tower

Famous Parisian landmark the Eiffel Tower is closed to tourists after staff walked out complaining about the growing number of pickpockets.

VIDEO: 'Made for China' hotel launched

The boss of InterContinental Hotel Group, Richard Solomons, talks about the company's 'made-for-China' hotels.

VIDEO: Is Modi still India's cup of tea?

BBC News visited some tea stalls around Mumbai and asked ordinary Indians to rate Narendra Modi's first year in office.

VIDEO: Sajid Javid: 'Cut business red tape'

Business Secretary Sajid Javid says he will not be going back to the Beecroft proposals for no fault dismissals but hopes to cut over £10bn more red tape costs.

VIDEO: Varoufakis: 'Catastrophic to leave euro'

Greek Finance Minister Yanis Varoufakis says if Greece left the euro, it would spell the end of Europe's common currency.

VIDEO: A tour of London's 3D Print Show

As the London 3D Print Show rolls into town, the BBC's Theo Leggett offers a whistle-stop tour to assess the industry.

VIDEO: Telecoms firm Telecel's fate unclear

As Telecel's operating licence is cancelled, concern mounts for its employees and the possible impact on Zimbabwe's economy.

VIDEO: Madagascar's organic riches

With some surprising fertiliser ingredients, Madagascar is well-placed to export organic products.

VIDEO: 'Make In India': Is it working?

The BBC's Sameer Hashmi looks for signs of progress in the plan to transform India into a global manufacturing hub.

Is infidelity a billion-dollar business?

Is infidelity a billion-dollar business?

The fallout from financial crises

The impact of economic crises on everyday lives

What makes Indian farmers kill themselves?

What makes Indian farmers kill themselves?

VIDEO: Is this the new face of the £20 note?

Whose face should grace the new note?

The UK town that loves solar power

Where is the solar 'capital' of the UK?

Why measure feet with iPads?

Why a shoe company measures kids' feet with iPads

Ecclestone challenges £1bn tax move

F1 boss Bernie Ecclestone goes to court to challenge the legal basis of assessments that have left him facing a UK tax claim of more than £1bn.

How criminal charges became another day at the office for banks

How do you make the banks listen?


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