UK warned on debt 'credibility'
The UK's failure to meet a key public debt target "weakens the credibility" of its top AAA credit rating, the Fitch ratings agency says......
Benefit squeeze as economy slows
Chancellor George Osborne announces a squeeze on benefits as he admits the UK economy is doing worse than expected and he will miss debt reduction targets......
Irish budget sees property tax
The Irish government announces a package of fresh austerity measures, including a new property tax, worth billions of euros in its 2013 budget......
Citigroup in 11,000 staff cull
Citigroup says it is cutting 11,000 jobs worldwide in an efficiency drive, with most of the jobs being lost in its consumer banking division......
EADS overhauls share structure
Germany is set to join France and Spain as a direct shareholder in EADS under new plans unveiled by the European aerospace and defence firm......
Gas power plants given go-ahead
The chancellor approves the building of more than 30 new gas-fired power stations to replace the UK's ageing coal, nuclear and gas stations......
New transport schemes unveiled
The Chancellor, George Osborne, announces 5bn of new investment spending, including details of a number of new road and rail schemes......
UK economy 'to contract in 2012'
The chancellor announces in his Autumn Statement that the Office for Budget Responsibility is predicting the UK economy will contract by 0.1% in 2012......
Elisabeth Murdoch dies at 103
Dame Elisabeth Murdoch, the mother of the media magnate Rupert, has died at her home in Melbourne, Australia, aged 103......
40bn of UK money in Swiss banks
An estimated 40bn is being held in Swiss bank accounts by UK taxpayers, documents accompanying the Autumn Statement show......
Benefits squeeze 'to save 3.7bn'
Some benefits will be increased at a lower level than the rising cost of living, the chancellor announces, saving 3.7bn in 2015-16.......
Pensions tax relief is cut again
The government is cutting the tax relief it grants to people saving in company or private pension schemes......
Government wins key retail vote
India's government wins a crucial vote in parliament on its controversial plans to open the retail sector to foreign competition......
Tesco to review US chain future
Tesco is launching a strategic review that may lead to the sale or closure of its US-based Fresh and Easy chain, the company confirms......
Greece 'most corrupt' EU country
Greece is perceived to have the most corrupt public sector of all 27 EU countries, a new global survey reveals......
US worker productivity increases
US output per worker grew by its fastest rate since 2010 in the third quarter of this year, according to official data......
Final Dandy comic goes on sale
The last-ever printed edition of one of the worlds longest-running comics goes on sale......
Winehouse home sells for 1.98m
Singer Amy Winehouse's home in north London sells at auction for 1.98m......
Teachers' pay tied to performance
Teachers will not have localised pay - but annual pay increases will depend on performance rather than length of service......
Pickfords faces pension scrutiny
The Pensions Regulator is to scrutinise a deal in which the Pickfords removal firm was bought out of administration while relinquishing its pension scheme......
Chancellor cancels fuel duty rise
A 3p per litre rise in fuel duty that had been scheduled for introduction in January has been cancelled by the government......
UK service sector 'slows again'
Activity in the UK service sector grew at its slowest pace in almost two years in November, a survey indicates......
Oil 'will rise but then decline'
Oil production in the North Sea is expected to rise over the next few years before declining, according to a report......
KP Nuts sold to German company
The company that makes KP Nuts, Hula Hoops and McCoy's crisps has been sold to a German firm for a reported 500m......
Record EU fine for TV makers
EU anti-trust regulators impose a record 1.47bn euro fine on Samsung, Philips, LG Electronics and four other firms for TV price-fixing......
Netflix gets Disney film rights
Internet movie streamer Netflix has acquired the rights to offer Disney films in the US shortly after they leave cinemas......
Outrage over Olympics suspension
There is outrage in India after its top sports body is suspended by the International Olympic Committee ahead of elections in which officials accused of corruption were to be appointed......
SPL 'lost millions' says report
Scotland's leading football clubs returned an overall loss in the 2010/2011 season, according to accountants PwC......
West Ham given stadium ultimatum
West Ham's owners must agree to share the profits from any future sale of the club in order to move into the Olympic Stadium......
VIDEO: House of Commons
Chancellor George Osborne has unveiled plans to scrap an expected rise in fuel duty and boost investment in science, transport and education, despite accepting that the government will fail to deliver its pledge to get public debt falling by 2015-16......
VIDEO: BBC editors analyse Osborne's plans
The BBC's economics, political and business editors sum up the key details in George Osborne's Autumn Statement......
VIDEO: Osborne: 'No fuel tax rise'
Chancellor George Osborne has scrapped a planned rise 3p rise in fuel duty, as as part of his Autumn statement......
VIDEO: Ed Balls: 'Worst-off paying the price'
The shadow chancellor Ed Balls has attacked what he called the "true scale of this government's economic failure", claiming the worst-off have been hit hardest by the chancellor's Autumn Statement......
VIDEO: Osborne: Britain is on the right track
The chancellor claimed Britain was "on the right track and turning back now would be a disaster" as he opened his Autumn Statement, adding there was "much more to do"......
VIDEO: 'Employment set to go on rising'
Employment has performed "better than forecast", Chancellor George Osborne has said in his Autumn Statement......
VIDEO: Corporation tax cut 'advert for UK'
Corporation tax is to be cut to 21% from April 2014 the chancellor has announced in his Autumn Statement......
VIDEO: Festive cheer from Autumn Statement?
Is the Autumn Statement causing festive feelings at a Christmas market in Bath?.....
Q&A: How will the Autumn Statement affect you?
How will the Autumn Statement affect the pound in your pocket?.....
Is the government borrowing less?
Is the government going to borrow less this year?.....
Islamic finance faces growth challenges
Islamic finance faces growth challenges.....
Super-rich gather for charity
The rich and famous gather for charity.....
Nokia Maps digitise city streets
Nokia's laser-powered plan to beat Google's map apps.....
Indonesia's Islamic banking boom
Islamic banking takes off in Indonesia.....
U.S. Day Ahead: Apple could be facing its own cliff
Dec 05 - Expect Apple to come out fighting when it shows up at hearing against Samsung in San Jose. Apple is trying to shutdown some of its smart phones and tablets in the U.S......
Daily Digit: Citigroup to cut 11,000 jobs
Dec. 05 - Citigroup is cutting 11,000 jobs worldwide to save $1.1 billion a year in expenses. Conway G. Gittens reports......
Thanksgiving, the new Black Friday
/Ipsos poll showed just over 30 percent of American adults shopped online and in stores this past Thanksgiving- slightly more than shopped on Black Friday, the once traditional start to the holiday shopping season. Bobbi Rebell reports......
Trading at Noon: Freeport wants it all: Oil, gas & gold
Dec 5 - Freeport-McMoRan said it would buy Plains Exploration & Production and McMoRan Exploration for $9 bln in cash & stock......
Breakingviews: Axe and the Citi
Dec 5 - Breakingviews editors discuss how the 11,000 job cuts at Citigroup look like new boss Mike Corbat is for now just basically executing Vikram Pandit's strategy......
UK austerity plan off track
Dec. 5 - Britain will have to endure austerity until 2018, after the government said it had missed a key debt target. Finance Minister George Osborne said UK growth will be weaker than expected and introduced real-terms cuts to welfare. But there was.....
The Exchange: What to expect from Chinas new leaders
Rob Cox talks to Stephen Orlins, president of the National Committee on US-China Relations, about Xi Jinpings ascension to the top of the Chinese Communist Party and whats in store for both countries......
Daily Digit: Record fine for electronics price fixing
Dec. 5 - Six major electronics firms including Philips and LG Electronics have been fined a record 1.47 billion euros ($1.92 billion) by EU antitrust regulators for fixing prices of TV and monitor cathode-ray tubes for nearly a decade. Joanne Nichols.....
Europe Day Ahead: Central bank bonanza
Dec. 5 - A look at Thursdays key events including rate decisions from the ECB, BoE & RBNZ, plus a French bond auction and Q3 results from Prada......
Tesco set to call time on its American dream
Dec. 5 - Britain's Tesco, the world's No. 3 retailer, has launched a strategic review of its loss-making United States chain Fresh & Easy that could lead to a sale or closure of the business. Hayley Platt reports......
Will take 2-3 years for housing recovery to up revenues
Dec 5 - Fitch's Amy Laskey says it will take a few years for local governments to see the improved property tax revenues from the housing recovery and expects more Chapter 9 filings in 2013......
3XSQ: Citi says it's cutting 11,000 jobs
Citigroup will eliminate 11,000 jobs worldwide, about 4 percent of its total staff, in a move to save as much as $1.1 billion a year in expenses......
Euro zone downturn eases slightly
Dec. 5 - The euro zone's economic slump was a little less pronounced in November, although there are few signs the region will emerge from recession any time soon. Joanne Nicholson reports......
Wealth Strategies: U.S. equities could put up 13% returns
Dec. 5 - John Linehan, Director of U.S. Equities at T. Rowe Price, says valuations, cash levels and relative strength versus fixed income are all reasons to believe stocks will outperform in the coming year......
Breakingviews: Tesco - troubles at home
Dec. 5 - The supermarkets American dream has gone sour with U.S. chain Fresh & Easy under strategic review, but its real problems are at home, says Breakingviews......
Reuters on the Road: Gavin Starks opens up about data
Dec. 5 - ODI CEO Gavin Starks takes the taxi challenge to explain how open data will be a catalyst for local and global change......
Reuters Today: UK to lose AAA in 3-6 months says Myers
Dec. 5 - It wont be a surprise if the UK loses its AAA credit rating in three to six months says Adam Myers, senior forex strategist at Credit Agricole CIB......
Daily Digit: Ping An buy highlights Thai acquisition drive
Dec. 5 - Thai conglomerate CP Group's purchase of a $9.4 billion stake in Chinese insurer Ping An is only the latest in a remarkable run of overseas purchases by Thai firms this year. Lisa Yuriko Thomas reports......
INTERVIEW: SEC probe will see more China firms list at home
Dec. 5 - Chinese firms may shun U.S. listings as regulators in Washington and Beijing bicker over the opening of books to U.S. audits, says China Accounting Blog author Paul Gillis. Tara Joseph reports......
Software guru McAfee seeks Guatemala asylum
Dec. 5 - American tech entrepreneur John McAfee flees to Guatemala seeking political asylum as authorities in Belize seek to question him in a murder investigation. Sarah Charlton reports......
U.S. Morning Call: Global stocks rally on China policy talks
Dec 5 - Shares in Europe and China resumed a recent sharp rally after comments from China's new leader boosted global growth expectations, while U.S. stock index futures signal a higher open......
Market Pulse: UK heading towards triple dip - Markit
Dec. 5 - The UK economy could start contracting again, potentially sliding into a triple dip recession, says Chris Williamson, Chief Economist at Markit......
Still waters threaten economic tide
Dec. 4 - The California port strike enters its second week amid fresh negotiations but the economic losses are adding up to several billion dollars during the busy pre-holiday shipping season. Conway G. Gittens reports......
Stocks stand still on cliff stalemate
Dec. 04 - Summary of business headlines: Stocks watch fiscal cliff debate; Coach moves up its dividend; L.A. port strike cost escalating; Olive Garden owner warns; Netflix signs exclusive Disney deal. Bobbi Rebell reports......
Reuters Right Now: Shrinking Miss. River could mean big losses
Correspondent Karl Plume says the rapidly shrinking Mississippi River may result in halted shipment of $7 billion in grain, coal, petroleum, chemicals and other products......
Bank levy to raise 1.4bn less than hoped
Shortfall forces George Osborne to increase tax for fifth time.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/264d5e3b/mf.gif' border='0'/><br/><br/><a href="http://da.feedsportal.com/r/1515391.....
Autumn Statement: George Osborne's tinkering is having no effect on our mountain of debt
The Chancellor made a brave face of it, but the underlying position really is awful, says Jeremy Warner<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/264e2bbc/mf.gif' border='0'/><br/><br/><a h.....
A bleak message: painnow, pain later
Telegraph View: The Autumn Statement strikes a difficult balance between what needs to be done and what the public will accept<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/264e322e/mf.gif' border='0'/>.....
Autumn Statement 2012: child benefit cut until 2016
Millions of families receiving child benefit will see the value of the handout fall after George Osborne imposed an extra two years of real-terms cuts to the payments.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300.....
Autumn Statement 2012: Osborne slashes 3.7bn from welfare
Benefit claimants face a real-terms cut in their incomes after George Osborne announced a 3.7 billion raid on those who live off the state.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/264e2bbe/mf.gif' border='.....
Autumn Statement: Business boost to rescue economy
The Chancellor has put business at the heart of a last-ditch drive to rescue the economy before the next general election, with 5.4bn set aside for roads and schools, a surprise cut in corporation tax, a tenfold increase in the capital investment all.....
Autumn Statement: Business boost to rescue economy
The Chancellor has put business at the heart of a last ditch drive to rescue the economy before the next general election, with 5.4bn set aside for roads and schools, a surprise cut in corporation tax, a tenfold increase in the capital investment all.....
Autumn Statement 2012: state pension rises by 2.70 per week
The state pension will rise to more than 110 a week next year under the Coalition's "triple lock" guarantee.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/264df177/mf.gif' border='0'/><br/><br/>&l.....
Autumn Statement 2012: major works to boost jobs and growth
An extra 10 billion of infrastructure projects will be delivered under a "revolution" in funding for new roads, railways, schools and housing developments, George Osborne announced.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/.....
Autumn Statement: HMRC seeks wider data-gathering powers
The taxman is wants to obtain data from card payment processors.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/264d7489/mf.gif' border='0'/><br/><br/><a href="http://da.feedsportal.com/r/151539.....
Autumn Statement: Brewers and pubs left high and dry
Hopes that a controversial yearly rise in beer duty would be reviewed fell flat, prompting a warning from brewers that the Government missed an opportunity to create 5,000 jobs this year.<img width='1' height='1' src='http://telegraph.feedsportal......
Autumn statement: Brewers and pubs left high and dry
Hopes that a controversial yearly rise in beer duty would be reviewed fell flat, prompting a warning from brewers that the Government missed an opportunity to create 5,000 jobs this year.<img width='1' height='1' src='http://telegraph.feedsportal......
Autumn Statement: George Osborne's infrastructure plans are a 'drop in the ocean'
An extra 5bn of infrastructure spending and a revamp of the Private Finance Initiative were dismissed as a "drop in the ocean" as business groups demanded more radical measures to kickstart growth.<img width='1' height='1' src='http://telegraph.fe.....
Chancellor's infrastructure plans are a "drop in the ocean"
An extra 5bn of infrastructure spending and a revamp of the Private Finance Initiative were dismissed as a "drop in the ocean" as business groups demanded more radical measures to kickstart growth.<img width='1' height='1' src='http://telegraph.fe.....
Autumn Statement: George Osborne warned over cash grab
George Osborne has been warned by the Office for Budget Responsibility that his 35bn cash grab at the Bank of England risks saddling Britain with higher interest payments.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/56.....
Autumn Statement: Households face annual energy premium 'to insure against blackouts'
Households face paying a 14 annual "insurance premium against the risk of blackouts", under plans designed to encourage construction of up to 30 new gas-fired power stations.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f.....
S&P cuts world's oldest bank to junk status
Standard & Poor's has cut its credit rating for troubled Italian bank Monte dei Paschi di Siena - the world's oldest surviving lender - to speculative-grade status of BB+ from BBB-.<img width='1' height='1' src='http://telegraph.feedsportal.co.....
Autumn Statement 2012: shake-up transfers 60bn spend from Whitehall to regional bodies
A shift in regional policy is being introduced - with Local Enterprise Partnerships (LEPs) taking responsibility from Whitehall departments for spending up to 60bn of funding.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/.....
Autumn Statement 2012: Cut welfare, create jobs - a very Tory statement
This was a traditional Tory Budget - albeit delivered in the guise of a Coalition Autumn Statement - and there was more than a whiff of Election 2015 in the Chancellor's words.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726.....
Autumn Statement: Funds to boost overseas trade
Foreign firms will be given access to a 1.5bn loan facility from the Government to boost their trade with UK companies.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/264d5e39/mf.gif' border='0'/><br/>&l.....
Autumn Statement: Tax relief to get firms spending
An emergency tax relief has been introduced in an effort to encourage small and medium-sized businesses to spend the 120bn of cash they are hoarding.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/264d5e3c/mf.gif.....
Autumn Statement 2012: Employee 'shareholders' face income tax bill on shares-for-rights swap
Workers that swap rights for shares under the Government's new scheme face a sizeable income tax and National Insurance bill for received shares worth a total of 2,000 or more.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726.....
Autumn Statement 2012: Business rates relief is "insufficent"
An attempt to support the property and retail industries by offering relief from business rates to new developments and small businesses has been dismissed as "insufficient".<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f.....
Autumn Statement: Britain to drive G8 crackdown on company tax avoidance
Britain is to drive a co-ordinated international crack-down of tax avoidance by global firms - to ensure that companies like Amazon, Google and Starbucks "pay their proper share".<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32.....
Autumn Statement: 4G auction will bring in 3.5bn
The Government is banking on a 3.5bn windfall from the sale of the airwaves needed to run 4G mobile services.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/264d6b59/mf.gif' border='0'/><br/><br/>&.....
