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BBC News - Business - UK Edition 

Aer Lingus 'to accept' new IAG bid

Irish airline Aer Lingus is set to approve a takeover bid by British Airways owner IAG, the BBC understands.

India and US seal nuclear deal

India and the US announce a breakthrough on a deal for supplying civilian nuclear technology, on the first day of President Barack Obama's visit.

Goldman Sachs urges UK to stay in EU

The president of Goldman Sachs says Britain should stay in the EU to ensure London remains a "great financial capital of the world".

ECB warns over 'weakened' EU project

A top official at the European Central Bank warns that unemployment and low growth are undermining the European Union.

Concern over pension advice service

A leading pensions expert says the government's new pension advice service will not be properly staffed by the launch date of 6 April.

Ukraine bailout 'credibility' boost

Ukraine's new finance minister Natalie Jaresko says a proposed bailout package from the International Monetary Fund will be "sufficient to rebuild credibility" in the country's economy.

Saxo Bank faces £70m Swiss losses

Danish currency trading specialist said it could afford to absorb losses if customers failed to meet their obligations

Li Ka-shing set to buy O2 for £10bn

Asia's richest person Li Ka-shing confirms his company is offering to buy Britain's second-largest mobile provider O2 for up to £10.25bn ($15.4bn).

Carney: Tech firms' tax 'very small'

The amount of tax paid by some technology firms is "very small" relative to their returns, the governor of the Bank of England says.

Deal fever fuels sharp FTSE 100 rise

Blue-chip index posts biggest weekly gain since 2011 in the wake of ECB stimulus and a £10bn takeover offer for O2.

Apple's Tim Cook salary up over 40%

Tech giant Apple's chief executive Tim Cook's base salary was increased by nearly 43% in February last year, according to the company.

Pound at new high against euro

Investors respond to Mario Draghi's plan to revive flagging eurozone economies by selling the euro, pushing sterling to a seven-year high.

What next for Saudi oil policy?

BBC economics correspondent, Andrew Walker, with his assessment of what a new ruler in Saudi Arabia will mean for oil policy.

Energy firm price cuts are 'token'

Energy firms are being accused of "token price cuts" and failing to pass on larger savings to their customers.

Benefits cuts 'cost families £489'

Coalition austerity changes to taxes and benefits have cost the average UK household £489 a year, according to the Institute for Fiscal Studies.

UK car production at seven-year high

Car plants in the UK produced more than 1.5 million vehicles last year, the most since 2007, according to the Society of Motor Manufacturers and Traders.

Black Friday 'may have hit Christmas'

For some shops, UK retail sales in December may have been hit by Black Friday sales in November, ONS says.

Economist chooses first female editor

The influential 172-year-old publication sells 1.6m print copies a week

Tootsie Roll boss dies at age of 95

Tootsie Roll chief executive Melvin Gordon dies at the age of 95 after leading the US confectionery firm for more than five decades.

Car-buying spree boosts borrowing

Consumer borrowing hit a near seven-year high in November, mainly as a result of new car sales, Bank of England figures show.

Royal Mail Christmas parcels up 4%

Royal Mail says it delivered 120 million parcels during December, a rise of 4% on a year earlier.

Royal Mint revives 'refinery' brand

The Royal Mint is to produce gold and silver bars under its "refinery" brand, last used nearly 50 years ago.

South Korea growth hits six year low

Growth in South Korea - Asia's fourth largest economy - fell to a six year low in the fourth quarter of last year, latest figures show.

Chinese manufacturing growth stalls

Activity in China's vast manufacturing sector contracted for the second consecutive month, according to a preliminary survey on Friday.

Eurozone growth picks up, survey says

A key survey of eurozone business activity reached a five month high in January, but firms are cutting prices at their fastest rate in five years.

The inspiration behind a bike light

How UK entrepreneur Emily Brooke was inspired to develop a new bicycle light, the Blaze Laserlight, which as the name suggests, projects a laser onto the road.

The woes of Fukushima's sake brewers

Since the Fukushima nuclear disaster of 2011, sales of sake from the region have plummeted, with radiation fears putting off Japanese consumers and China banning their import.

The fast-food queen who beat adversity

After her mother died when she was 17, Hala Moddelmog vowed to succeed in life, going on to lead two of the largest US fast-food firms.

Real stay top of football rich list

Real Madrid again tops the Deloitte football money league, but English Premier League clubs take eight of the top 20 spots.

Olympic cities 'must allow' women

The head of the International Olympic Committee says any country bidding to host the Games must make a commitment to "non-discrimination".


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