UK cuts 6.7bn more than planned
Government departments cut 6.7bn more in spending than planned in the year to March, according to official data from the Treasury......
SFO launches Libor investigation
The Serious Fraud Office (SFO) confirms that it has formally launched a criminal investigation into the rigging of the inter-bank lending rate, Libor......
Pound hits new high against euro
The pound hits its highest level against the euro since November 2008, the day after the European Central Bank lowered its key interest rate......
HTC smartphone profits fall 58%
Taiwanese smartphone maker HTC has reported a 58% fall in net profit 7.4bn Taiwanese dollars (US$248m) in the three months ending in June......
Football transfers in global fall
Football transfer numbers and the income they generate have fallen sharply in the past six months, says governing body Fifa......
Farmers demand 'fair milk price'
Farming unions demand the reversal of recent cuts in the price of milk as diary farmers consider protests and disrupting supplies......
Greek PM promises focus on growth
Prime Minister Antonis Samaras promises to focus on reforms and measures to restore economic growth in Greece, in his first major speech to parliament......
US jobs data triggers share slip
US shares fall after official employment figures show firms created only 80,000 new jobs in June, leaving the unemployment rate unchanged at 8.2%......
Farepak compensation from Lloyds
Lloyds Banking Group has donated an extra 8m to the Farepak compensation fund after last month's criticism by a High Court judge......
RBS dealing with IT failure cases
The number of customer issues that have required further attention from RBS following the banking group's computer failure has grown......
UK producer prices fall by 0.4%
UK producer prices fell by 0.4% in June from May, the largest monthly fall since November 2008, figures show......
IMF to cut global growth forecast
IMF chief Christine Lagarde says its next forecast for global economic growth in 2012 will be down from the 3.5% predicted in April......
Olympics net overload fears fade
The Cabinet Office says it is no longer worried the internet will be overloaded during the Olympic Games......
Smartphones boost Samsung profits
Samsung Electronics says it expects its profits to surge 79% in the second quarter as sales of its smartphones continue to grow......
CBI economist appointed to MPC
CBI economist Ian McCafferty is appointed as an external member of the Bank of England's Monetary Policy Committee, replacing Adam Posen......
Italy approves deep spending cuts
Italy's government agrees to cut spending by 26bn euros (21bn) over the next three years to plug the gap between spending and income......
Japan FSA raps Olympus auditors
Japan's financial regulator clears cameramaker Olympus's former auditors of negligence, but tells them to improve their supervision......
Alibaba executive in bribe probe
Alibaba Group says one of its former executives, Yan Limin, has been detained by police on "suspicion of accepting bribes"......
Public land sales 'lost millions'
Details have emerged about misconduct and potential fraud in the sale of public land to private developers by Northern Ireland's housing authority......
Charities fear child poverty rise
The number of children living in vulnerable families could rise to more than one million by 2015, three leading UK charities warn......
Peugeot shares fall on poor sales
Shares in French car giant Peugeot lose 6% after the company reported a 13% fall in first half sales......
Rinehart reduces stake in Fairfax
Australia's richest woman, Gina Rinehart, reduces her stake in Fairfax Media amid a continuing dispute about seats on the firm's board......
Rangers vote unfair on SFL - Gray
Hamilton's Les Gray says SFL clubs have been put in an unfair position over the upcoming vote on whether to accept Rangers......
Premier League to use technology
Goal-line technology could be introduced in the Premier League during the 2012-13 season after Fifa approves two systems......
VIDEO: How easy is it to switch banks?
Have headlines about IT problems, rate-fixing and mis-selling, had an effect on where people bank?.....
AUDIO: Dairy price cuts enrage farmers
Dairy industry analyst Ian Potter and Peter Kendall of the National Farming Union, discuss the cut in dairy prices......
VIDEO: Ulster boss turns down bonus
The boss of Ulster bank turns down his bonus after the computer chaos that affected around half a million customers......
VIDEO: Gypsy wedding dressmaker goes solo
The dressmaker from Channel 4's My Big Fat Gypsy Wedding,' Thelma Madine, is about to be put in the spotlight with her own show, helping ten girls from the traveller community learn her trade......
VIDEO: Women 'make better City bankers'
Former City trader Barbara Stcherbatcheff recalled the "fast cars, fancy lifestyle and Champagne" of her former career, but also the "sheer arrogance and pig-headedness" of men in the financial community......
VIDEO: Simulators recreate 'total reality'
Training providers are working harder than ever to deliver skilled pilots, causing a spike in the demand for aircraft training simulators......
AUDIO: 'We are trying to address these trust issues'
Stephen Whitehead, chief executive of Association of the British Pharmaceutical Industry, defends the ethics of the industry following GSK's guilty plea for drug violations......
VIDEO: What is Samsung doing right?
Samsung Electronics has said that it expects its profits to surge 79% in the second quarter as sales of its smartphones continue to grow......
Is wet weather bad for business?
Is wet weather bad for business?.....
Flight simulator demand set to soar
Are there enough simulators to train tomorrow's pilots?.....
Q&A: Flooding insurance and you
What should you do if you are affected?.....
Cuba looks to China for inspiration
What does Cuba stand to gain economically from China?.....
The woman who took on Zimbabwe's security men and won
The woman who took on Zimbabwe's security men and won.....
Wall Street bawls as job growth crawls
July 6 - Summary of business headlines: Stocks fall 1 percent as lackluster job growth worries investors; Best Buy to cut 2,400 additional jobs; Navistar tumbles 15 percent on engine re-start. Conway G. Gittens reports......
The economy on the campaign trail
July 6 - Republican presidential hopeful Romney pounces on a weak jobs report, as President Obama focuses on the positive. Deborah Lutterbeck reports......
Why unemployment isn't falling
July 6 - The U.S. labor market stalls in June with paltry job creation and an unemployment rate stuck at or above 8 percent for 3-1/2 years. Conway G. Gittens reports......
The public face of unemployment
July 6 - Public sector cuts have created a disappearing work force - a middle class largely made up of women and African Americans who are at a loss for new jobs in the private sector. Jill Bennett reports......
U.S. Week Ahead: JPMorgan, Alcoa kick off Q2 earnings
JPMorgan will be in focus as the bank posts second-quarter earnings next week. Also, Alcoa reports Monday......
Rocket launch a boost for California start-up
July 6 - US aerospace company, Masten Space Systems, has taken its experimental re-usable rocket to new heights, launching it to an altitude of 444 metres and landing it safely again in California's Mojave desert. Elly Park reports......
Wealth Strategies: Weak jobs could mean Sept action from Fed
July 6 - Barclays' Michael Gapen says the anemic recovery in the U.S. labor market has led him to cut growth forecasts for the second half and says that the Federal Reserve may add stimulus in September......
Trading at Noon: Stocks fall on weak unemployment
July 6 - U.S. stocks are down after employers hired at a weaker-than-anticipated pace in June......
Breakingviews: Libor adds to U.S. bank valuation woes
Antony Currie and Agnes Crane discuss how the interbank lending rate scandal adds more pain for shareholders of BofA, Citi and JPMorgan......
Europe Week Ahead: Time for Details on EU summit
July 6 - A look at the week ahead including Eurogroup in Brussels, Libor scandal testimonies, Fed minutes, China data and Libya elections......
PSA Peugeot Citroen sales slump
July 6 - The French carmaker looks set to cut thousands of jobs as economic turmoil in its core European markets hits sales. Joanne Nicholson reports.....
3XSQ: No boost for Obama with jobs report
July 6 - June jobs report shows sluggish growth at 80,000 as President Obama tours through Ohio and Pennsylvania......
Ugandan student makes a billion through apps
July 6 - Twenty-two-year-old Ugandan IT student Abdu Sekalala has made a fortune from mobile apps, benefiting from Africa's fast-growing telecoms market. Hayley Platt reports......
Market Pulse: Non farm payrolls - euro sell signal?
FX analyst Neal Kimberley says traders are waiting for the U.S. employment report to sell the euro again......
Breakingviews: Select committee is BoE job interview
July 6 - Adair Turner takes on Paul Tucker at the banking select committee next week for a public BoE interview, says Breakingviews......
Reuters Today: U.S. hiring seen stuck in low gear
July 6 - With a weak number expected from the U.S. June employment report, the question is whether the Fed will follow central banks in China, the euro zone and the UK with more easing of its own......
China rate cut stokes fear of dismal data blitz
July 6 - China's second interest rate cut in a month comes just ahead of a blitz of data due out in the coming week. Growth in the once-roaring economy could dip to a 3-year low......
Samsung sales rocket, but risks loom beyond Galaxy
July 6 - The South Korean tech giant is selling smartphones at a record pace, making more money than ever before, but faces rockier prospects outside its star mobile division. Jon Gordon reports......
Asia Week Ahead: China GDP, ASEAN Regional Forum
July 6 - A raft of economic data will shed more light on the severity of China's slowdown, while tensions over South China Sea territorial claims will be high on the agenda at a regional security forum......
U.S. Morning Call: Modest improvement seen in jobs report
July 6 - 69,000 jobs added in May but it's likely not enough to budge the 8.2% unemployment rate......
Barclays to ask Diamond to cut pay-off
Barclays' board is to ask former chief executive Bob Diamond to give up at least part of a possible 17m pay-off to save the bank's reputation from further damage.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/21.....
Permira fashions 600m Valentino sale
Luxury designer Valentino, famous for its opulent red ball gowns, is being sold to a sovereign wealth fund for 600m (476m).<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/211da1cf/mf.gif' border='0'/><br/&g.....
Libor scandal: The vacant CEO seat at Barclays will be tough to fill
In the wake of last week's resignations, Barclays is faced with an unexpected and unprecedented management vacuum.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/211da1d0/mf.gif' border='0'/><br/><br/.....
The Libor warnings the Bank was told to heed
With Bob Diamond gone and a Parliamentary inquiry set to begin, the inside story of a scandal threatening to engulf the City is revealed.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/211da1d1/mf.gif' border='0'.....
BAE bids to land 7bn US jet project
Defence giant BAE Systems is in the running to provide the United States Air Force with a new training jet.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/211da1d2/mf.gif' border='0'/><br/><br/><.....
M&S faces 7pc sales downturn
Marks & Spencer is expected to publish a substantial fall in trading this week when it reveals that like-for-like non-food sales have fallen by about 7pc.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/211d9f.....
Aer Lingus to bid for UK slots at Heathrow
Irish flag carrier, Aer Lingus, is considering an expansion into domestic flights in Britain.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/211d9f2d/mf.gif' border='0'/><br/><br/><a href="http:.....
A grotesque clash of politics and banking
What should be a sober business process - the ending of a CEO's tenure - has turned into a piece of political theatre.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/211d9f33/mf.gif' border='0'/><br/><.....
London set for new battle of oligarchs
A multi-billion dollar case between one of Russia's richest men, Oleg Deripaska, and known fugitive from the law, Michael Cherney, will finally be heard at the Royal Courts of Justice this week.<img width='1' height='1' src='http://telegraph.feeds.....
London 'Supersewer' plan causes stink
Thames Water to unveil final construction plans for a 4bn 'Supersewer' as data shows raw sewage spewed into the Thames during the Queen's DIamond Jubilee river pageant.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/56830.....
LivingSocial, a 'whale' of a time and the battle for online deals
From discounted massages to "zombie chasing", daily deals website, LivingSocial, aims to take on rivals such as Groupon.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/211d9f37/mf.gif' border='0'/><br/>&.....
LivingSocial gets ready for Nasdaq flotation in 2013
LivingSocial, the daily deals website, is likely to make its market debut on Nasdaq next year, according to its UK head.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/211d9f38/mf.gif' border='0'/><br/>&.....
Short sellers bet on Glencore to save merger
Short-selling interest in Glencore is at an all-time high since its flotation on the back of rising hopes that the commodity giant will save its threatened 38bn merger with the miner, Xstrata.<img width='1' height='1' src='http://telegraph.feedspo.....
'Urgent reforms' needed as Deutsche caught in Libor row
The Libor scandal must be the "swift kick in the pants" that forces an improvement in the global supervision of banks, according to US regulator.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/211d9f3c/mf.gif' bo.....
Richard Deakin: Airports at Heathrow and the Thames Estuary 'just wouldn't work'
NATS chief Richard Deakin discusses the difficulties posed by a Thames Estuary airport and the challenge of the Olympics.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/211d9f3d/mf.gif' border='0'/><br/>.....
Britain braces itself for 10 more years of austerity moves
Britain faces years more of tough austerity measures to get the public finances under long-term control, the Government's official forecaster will warn this week.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/21.....
Stagecoach boss plans 'middle class Megabus'
Sir Brian Souter may be the pioneer of low-cost bus travel but the Stagecoach chief executive is now considering a move upmarket with "Megabus for the middle classes".<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300.....
Air traffic boss believes 'Boris Island' will not fly
A new four-runway airport in the Thames Estuary could create "insurmountable" problems above London, the head of Britain's air traffic service has warned.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/211d9f3f/m.....
Investors protest over mis-sold funds
Barclays faces further controversy this week when victims of two mis-sold, high-risk investment funds will stage a protest over the amount of compensation they have received from the bank.<img width='1' height='1' src='http://telegraph.feedsportal.....
The simple truth could keep feet safely out of mouths
US political consultant and business author, Frank Luntz, tells chief executives they need to learn the first lesson of communication: it's not what you say, it's what people hear - and see.<img width='1' height='1' src='http://telegraph.feedsport.....
Water firms seek merger go-ahead
Britain's fragmented water sector needs major consolidation to tackle droughts, floods and rising customer bills, water company chief executives have warned.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/211d9f4.....
Women turning off Marks & Spencer fashion
Marks & Spencer is likely to report its worst performance in a decade this week, leaving chief executive Marc Bolland with a challenge to turn the retailer around<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/.....
Equity resistance to gathering gloom faces severe challenge
Shares are cheap, but don't bank on the disconnect between market and economy holding for the rest of the year.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/211d8567/mf.gif' border='0'/><br/><br/>.....
'Liborgate' could trigger crucial banking reform
A Glass-Steagall split needs to happen and someone needs to get it done. There really is no alternative.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/211d0956/mf.gif' border='0'/><br/><br/><a .....
Festival of Business: book a place at top table of winners
This year's Telegraph Festival of Business will bring together business owners and leaders with a wealth of experience and enthusiasm for tackling the challenges - and celebrating the successes - of Britain's growing firms.<img width='1' height='1.....
