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BBC News - Business - UK Edition 

Boris Island airport plan 'not dead'

Mayor of London Boris Johnson says plans for an airport in the Thames Estuary, dubbed "Boris Island", are not dead despite a commission looking into the UK's airport needs rejecting the idea.

Payday loan hardship cases 'up 42%'

The number of people struggling with payday loans has risen by 42% in the past year, according to the debt charity StepChange.

Premier League clubs' spending spree

Premier League clubs have been on a player buying spree, with spending at £835m, as the end of the transfer window passes.

PPI complaint levels remain high

Complaints about payment protection insurance (PPI) have fallen after last year's record, but remain at historically high levels, according to the Financial Ombudsman Service (FOS).

Water stress 'may curtail fracking'

Water shortages could hinder fracking for shale oil and gas in many parts of the world, the World Resources Institute says.

Mining tax repealed by Australia

Australia scraps a controversial mining tax after the government strikes a deal with business tycoon Clive Palmer's political party.

Japan wage growth surges in July

Japanese wages unexpectedly log their strongest increase since 1997, which may provide a boost to consumer confidence and spending.

Obama renews minimum wage push

President Barack Obama says he will continue to press Congress to raise the federal minimum wage in line with recent economic improvements.

Brown issues warning over UK debt

Gordon Brown says an independent Scotland would become "an international outcast" if it refused to accept a share of UK debt.

British activist in Thailand trial

A British activist who campaigns for better labour conditions is on trial in Thailand charged with criminal defamation.

UK manufacturing growth 'slows'

Activity in the UK's manufacturing sector grew at its slowest pace for 14 months in August, a survey finds, while a separate study also suggests a slowdown.

Consumer borrowing jumps in July

The amount of new money being borrowed by consumers soared to more than £1bn in July, according to the Bank of England.

Woodford sells HSBC over fine fears

One of the UK's most high-profile fund managers, Neil Woodford, says he decided to sell his holding in HSBC because he is worried about "fine inflation".

Euro manufacturing at 13-month low

Manufacturing growth in the eurozone slowed to a 13-month low in August, according to a closely-watched survey.

London Market Report

Shares in Tesco fall further following news that a major shareholder in the supermarket has cut its stake.

Russia and China launch gas pipeline

Russia and China begin the construction of a new gas pipeline linking the countries, with a ceremony in the Siberian city of Yakutsk.

Heineken sells Mexico packaging unit

Heineken sells its Mexican packaging business to US firm Crown Holdings in a deal worth $1.23bn (£740m).

High-powered hairdryers under threat

High-powered hairdryers are on a list of household electrical items the EU is considering banning in an attempt to curb energy consumption.

DVLA prints cut out and keep tax disc

Drivers will have to cut out their own vehicle tax discs during the death throes of the paper system, because the DVLA has run out of perforated paper.

Banks to reopen 2.5m PPI claims

Banks and card companies will reopen 2.5 million PPI mis-selling complaints amid claims of underpayment and rejection of compensation.

Water bills plugged by regulator

Household water bills in England and Wales will go up less than the rising cost of living in the next five years, under proposals from regulator Ofwat.

House prices 'edge up in August'

House prices edged up by 0.8% in August, the Nationwide says, while the Land Registry reveals a big annual increase in London.

Airport expansion 'critical' for UK

A single, larger hub airport where passengers can transfer to a range of destinations - is "critical" to the UK's long-term economic growth, says the CBI.

China factory growth misses forecast

China's manufacturing activity misses expectations in August, indicating that the country's economy may be losing momentum.

Brazil's economy enters recession

A contraction of 0.6% in Brazil's economy between April and June, and a revision of the first quarter, places the country in recession, latest figures show.

Georgian wines toast EU sales boost

With the European Union ending import tariffs on Georgian products from 1 September, the country's winemakers and farmers are hopeful of increasing their exports to the EU.

Tunisia's first video games boss

A profile of Walid Sultan Midani, the founder of Tunisia's first video game development company, and his plans for global success.

Cleaning up Mali's rubbish

Entrepreneurs are trying to find ways to collect rubbish in Mali's capital city Bamako but they have nowhere to process it.

Rangers confirm £4m share issue plan

Rangers make new shares available to current shareholders and admit poor uptake could hinder payments to creditors.

England Women's Sevens turn pro

England's top female rugby players will be paid for the first time as the Women's Sevens squad turns professional.


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