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BBC News - Business - UK Edition 

Lib Dems want extra £1bn bank levy

Lib Dem Treasury Secretary Danny Alexander is calling for an extra £1bn tax on Britain's banks to help pay off the deficit.

MH370 teams trial long-haul tracking

Three countries are to trial a new method of tracking planes, which could help avoid incidents like the disappearance of flight MH370.

Sturgeon calls for wind power boost

UK government budgets for offshore wind are unlikely to support Scotland's future ambitions to develop the industry, the first minister says.

East Coast rail back in private hands

Services on the East Coast rail route between London and Scotland return to private hands after more than five years in the public sector.

Huawei and LG unveil smartwatches

LG unveils a smartwatch that can make calls without being paired to a phone, while Huawei unveils its first Android Wear watch.

HTC to sell virtual reality headsets

HTC reveals it is to sell a virtual reality headset featuring tracking technology developed by video games firm Valve.

First-time buyers get 20% discount

First-time home buyers aged under 40 in England can now register to buy new homes at a discount of up to a fifth off the normal price.

MPs call for energy switch 'refunds'

Energy price comparison sites should compensate customers who changed to tariffs that may not have been the cheapest deals, MPs say.

Lloyds to resume dividend payments

Lloyds Banking Group confirms that it will resume paying dividends to shareholders for the first time since the financial crisis in 2008.

Wide gap in regional house prices

The gap between the most expensive and cheapest regional average house prices in England and Wales is more than £350,000, figures show.

Putin cuts staff's salaries by 10%

Russia's president says he is cutting the salaries of his staff by 10%, as Russia's finances are hit by low oil prices and Western sanctions.

India budget to boost investment

Indian PM Narendra Modi's government unveils a business-friendly budget aimed at attracting greater investment for the economy.

Passport website sues its customers

An unofficial passport website has sued more than 150 of its own customers after they tried to cancel or refused to pay believing they had been misled.

New rail bidders 'must scrap Pacers'

Companies wanting to run rail franchises in the north of England must scrap Pacer trains, the Department of Transport confirms.

US growth revised down to 2.2%

The slowdown in the US economy at the end of last year was more pronounced than previously thought, official figures show.

Stamp prices set to increase by 1p

The cost of first and second class stamps are each to rise by 1p from 30 March, Royal Mail announces.

L'Oreal to change 'bad at maths' ad

A numeracy charity's challenge prompts beauty giant L'Oreal to change an advert boasting about not being good at maths.

Labour pledges £6,000 tuition fees

Ed Miliband says £9,000 tuition fees in England have been a "disaster" and promises Labour would fund a reduction by cutting tax relief on high earners' pensions.

Judge rules for flight delay payment

A judge rules that airline Jet2.com cannot delay the payment of compensation due to passengers for delayed flights, setting a precedent for thousands of similar claims.

No future for TV licence, MPs say

The TV licence does not have a long-term future and is likely to be replaced by a new levy within the next 15 years, a group of MPs says.

Greek PM vows 'no third bailout'

Greek PM Alexis Tsipras denies his country will need a third international bailout, and vows to "start working hard" to change the country.

Ghana to receive $1bn loan from IMF

Ghana has secured a $1bn loan from the International Monetary Fund that could stabilise its troubled economy.

Sharp fall in UK business investment

Business investment in the UK falls for the second quarter in a row, recording the biggest decline since 2009.

Argentina's love affair with polo

Polo is one of the most popular sports in Argentina, yet unlike football or rugby most of the businesses that keep the game going are small homegrown companies.

The reality of becoming your own boss

Becoming your own boss is many people's dream, but what's it really like to start a business from scratch?

The immigrant who became a drone firm boss

How Mexican immigrant Jordi Munoz set up the largest US-based drone manufacturer, a company called 3D Robotics.

No World Cup compensation - Fifa

Fifa says it will not pay compensation to clubs and leagues unhappy about plans to play 2022 World Cup in November and December.

Chelsea sign £40m-a-year shirt deal

Chelsea sign a five-year shirt sponsorship with a Japanese tyre manufacturer worth a reported £40m per year.

Easdale resigns from Rangers board

Bus tycoon James Easdale resigns from Rangers' board following fan pressure against the current Ibrox regime.

VIDEO: Varoufakis: Repaying IMF is priority

The Greek Finance Minister Yanis Varoufakis has promised his country will make repaying its debts to the International Monetary Fund its main priority.


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