Big decline in UK unemployment
The number of people out of work fell by 82,000 between August and October, to 2.51 million, the biggest drop for a decade, official figures show......
Rebekah Brooks gets 10.8m payoff
Rebekah Brooks, the former chief executive of News International who stepped down due to the phone hacking scandal, received a payoff of 10.8m, it emerges......
US Fed sets new targets for rates
The Federal Reserve will keep interest rates at near-zero at least until the US jobless rate falls below 6.5% and will continue to buy $85bn (53bn) a month of assets......
Sants joins Barclays in top job
Hector Sants, the former chief executive of the Financial Services Authority, is joining Barclays bank to improve its reputation with governments and regulators......
Repeat payments 'not made clear'
Traders ranging from online dating websites to gyms use recurring payments, but some are failing to make the system clear to customers......
Savings accounts 'shrink by 15%'
Banks and building societies have been cutting the number of savings accounts on offer, because of the Bank of England's Funding for Lending Scheme......
Traders in line for savers' funds
Thousands of sole traders could benefit from a new scheme to allow savers to offer them loans directly via an internet website......
Watchdog orders end to PPI texts
A company based in India has been ordered to stop sending text messages about PPI and accident compensation to UK consumers......
Porsche breaks car sales record
German luxury carmaker Porsche says it has beaten its annual record for car sales, selling almost 129,000 sports cars so far in 2012......
Supergroup shares fall on results
Shares in Supergroup, owner of brands such as Superdry, fall after the firm reveals profits a third lower than last year......
Zara owner Inditex profits up 27%
The world's largest clothing retailer, Inditex, which owns Zara, reports another jump in profit, fuelled by rapid international expansion......
Carney suggests Bank target shift
Mark Carney, who will take over as governor of the Bank of England in June, has suggested targeting economic output instead of inflation......
Deutsche Bank's offices raided
German prosecutors raid Deutsche Bank offices as part of an investigation into a tax evasion scheme involving the trading of carbon permits......
Bus venture faces US legal action
US authorities launch legal action against a Stagecoach joint venture which offers sightseeing bus services in New York City......
'Positive' year ahead for housing
A more stable and "positive" year in the UK housing and mortgage markets can be expected in 2013, a lenders' group says......
Greece reveals buyback results
Greece manages to buy back some of its debt at just over a third of its value, which means it should receive much-needed bailout money later this week......
Robot 'race' to fix nuclear plant
Japanese company Mitsubishi has joined the race to build a radiation-resistant robot to work on the crippled Fukushima nuclear power plant......
Africa gets first city Monopoly
The first African city edition of the famous board game Monopoly is launched in Lagos, with Banana Island revealed as the upmarket equivalent of Mayfair......
Northern Rock will repay 270m
Some 152,000 Northern Rock customers will receive hundreds of pounds each in compensation owing to mistakes made in paperwork......
FSA 'misgivings' over carbon deal
The City regulator says it has "deep misgivings" about high-pressure sales of carbon credit investments......
Labour to oppose 1% welfare rise
Labour will vote against plans to limit most welfare payment rises to 1%, shadow chancellor Ed Balls reveals......
India factory output surges 8.2%
India's industrial output rises more than expected in October, boosted by increased demand during the festive season in the country......
OBR stresses borrowing may rise
The Office for Budget Responsibility says giving weight to its forecast of a 1bn fall in government borrowing this year is ignoring the uncertainty......
Obama pushes tax-the-rich plan
US President Barack Obama addresses Michigan car workers to build support for his plan to raise taxes on the rich and avert a "fiscal cliff"......
HSBC guilty of 'stunning failure'
The US says "dangerous practices" at HSBC allowed the bank to pass money to "drug kingpins and rogue nations", as it fines it $1.9bn (1.2bn)......
Delta buys into Virgin Atlantic
Delta Airlines agrees to buy Singapore Airlines' 49% stake in Virgin Atlantic, in a deal which was the subject of a high-profile spat between Sir Richard Branson and BA's Willie Walsh......
Shoe retailer to close 90 stores
High street shoe retailer Stead and Simpson confirms it is to close 90 of its stores following a review......
Win 'secures' Bradford finances
Bradford director Dave Baldwin says reaching the League Cup semi-final has secured the club's financial future......
Salford staff are in dark - Long
Assistant coach Sean Long says there has been a lack of communication with staff over Salford's financial problems......
Portsmouth set for court battle
Portsmouth's administrator warns a failure to force the sale of Fratton Park in court could see the club liquidated......
VIDEO: UK unemployment falls by 82,000
The number of people out of work fell by 82,000 between August and October, to 2.51 million, official figures have shown......
AUDIO: Cultivating start-ups in Silicon Valley
Saeed Amidi was landlord to Logitech, Paypal and Google, when they had five employees. He explained to the BBC's Jonny Dymond how he took a stake in many of his tenants companies and has now set up a tech home for the next generation of Zuckerbergs......
VIDEO: Beer duty escalator 'doesn't make sense'
Rising tax on beer is being blamed for contributing to the number of pubs closing across Britain by hundreds of Campaign for Real Ale (Camra) members protesting outside Parliament......
VIDEO: Zara owner Inditex profits rise 27%
The world's largest clothing retailer, Inditex, which owns Zara, has reported another jump in profit, fuelled by rapid international expansion......
AUDIO: Luxury whisky's move to China
Today business presenter Simon Jack has been in China, speaking to people from Diageo's Johnnie Walker about how to adapt your brand culturally to suit the Chinese luxury consumer......
VIDEO: 'Signs of a strong labour market'
Minister for Work and Pensions Mark Hoban says there are "signs of a strong labour market", after official figures show the number of people out of work fell by 82,000 between August and October to 2.51 million......
AUDIO: Why is house buying so stressful?
The Chief Legal Ombudsman told BBC Radio 5 live Breakfast why buying a house has become particularly stressful......
AUDIO: Will banking union help UK economy?
Radio 5 live Wake Up To Money asked think tank Open Europe if a European banking union would help or harm the UK economy......
Sir Philip Green: King of the High Street
How Sir Philip Green became the high street king.....
China 'ecological footprint' fear
Retail bonanza fuels fears over 'ecological footprint'.....
Can 4G auction hit 3.5bn target?
Will the 4G licence auction meet the Treasury's 3.5bn target?.....
Retail woes
Have you had problems with consumer fraud?.....
US students 'trapped by debts'
The US graduates overwhelmed by student loans.....
Do you know where your photo is?
Where do spammers find their photos?.....
CEO Guru: Managing risk
Company bosses must consider risk and rewards.....
U.S. Day Ahead: Retail sales look healthy for the holidays
Analyst Jharonne Martis......
Saft says: What hasn't worked in past, won't work in future
Columnist James Saft says what hasn't worked in the past for the Fed, won't work in the future and will result in the same set of circumstances......
ECONOMY 2013: Luxury buyer weaker than last year - Saks CEO
Dec. 12 - Saks CEO Stephen Sadove says the high-end consumer is still reasonably healthy but not as strong as last year and feels the Fiscal Cliff's biggest impact will be on consumer sentiment......
Daily Digit: 46% of firms to pay bonuses
Dec. 12 - Forty-six percent of companies plan on paying their employees bonuses this holiday season, and many top it with parties and gifts, according to a CareerBuilder survey. Bobbi Rebell reports......
Treasury Live: Fed to continue asset purchases
Fed Correspondent Pedro da Costa from inside the Treasury lockup gives key analysis of the latest decision from Federal Reserve......
West Papua communities celebrate coral conservation zone
Dec. 12 - One of the world's richest coral ecosystems has been designated a protected area in a deal struck by local communities and conservation groups. Situated north of the Molucca Islands in Indonesia, the Southeast Misool Marine Protected Area i.....
Trading at Noon: Red envelope to battle Redbox
Dec 12 - Verizon and Coinstar are set to launch a streaming service, 'Redbox Instant' to take on video rental giant Netflix......
Breakingviews: The supervoting club
Dec 12 - John Malones Liberty Interactive took control of TripAdvisor from Barry Diller. Breakingviews discusses the pros and cons of the supervoting shares that give the tycoons outsized influence......
EU nears banking union deal
Dec. 12 - Germany signals it's ready to back plans for the ECB to be made the chief supervisor of banks, raising the prospect of a breakthrough on the European Union's most ambitious financial reform. Ciara Sutton reports......
Europe Day Ahead: Merkel dampens expectations for EU summit
about the UK economys growth outlook on Thursday......
Russia bolsters Europe's car industry
Dec. 12 - French-Japanese auto partnership Renault-Nissan finalized a long-awaited deal to expand in the growing Russian market, investing $742 million to control Lada-maker AvtoVAZ. Joanne Nicholson reports......
3XSQ: 3M, Dupont outlooks suggest growing economy
Dec 12 - 3M expects profit to rise about 8 percent next year as the U.S. economy continues its slow recovery; Dupont boosts 2012 outlook......
The sprouting cost of Xmas dinner
Dec. 12 - A year of wet weather means Christmas dinner will cost more this year with ingredients in short supply, particularly the Brussels sprout. Ivor Bennett reports......
Banking disunion: the main players
correspondents in France, Berlin and Frankfurt lay out the sticking points and what's at stake......
Daily Digit: Italy's debt auction relief
Dec.12 - Italy lowers its borrowing costs at a one-year debt auction, clearing its first market hurdle since Prime Minister Mario Monti announced his intention to leave office early. Ciara Sutton reports......
UK Minister on latest unemployment figures
Dec. 12 - Minister for Employment, Mark Hoban, gives his outlook for the UK jobs market and reaction to the latest figures......
Breakingviews: Central banks at Sea
Dec. 12 - Incoming BoE Governor Mark Carney's avocation of nominal GDP targeting is a dubious tweak to current policy. The trade's intellectual armoury looks empty, says Breakingviews......
North Korea may have moved a satellite but not markets
Dec. 12 - North Koreas rocket launch failed to dent a pre-holiday Asian market upswing, indicating risk appetite remains robust and that the reclusive state may be losing its power to shock......
Reuters Today: HSBC to pay biggest-ever bank fine
Dec. 12 - HSBC has agreed to pay $1.92 billion to settle a U.S. criminal probe into money-laundering the largest penalty ever paid by a bank......
U.S. Morning Call: Markets look to Fed for more stimulus
Dec 12 - The U.S. Federal Reserve is expected to announce a fresh round of bond buying as part of its efforts to support an economic recovery with low interest rates......
Apple leads Wall St to post-vote high
Dec. 11 - Summary of business headlines: Apple rebounds from tax-worry selling; Dollar retailers falling prey to one another; Mobile, social media leading retail season; Delta and Virgin agree to tie-up. Conway G. Gittens reports......
Market Pulse: 12/12/12, a red letter day for Greek bonds
Its perhaps fitting that today Greek bond yields have a 12% handle for the first time since April last year. And is 88 years enough for progress on the fiscal cliff talks?.....
Sun shines on solar sales, not stocks
Dec. 11 - Solar panel installations surged in third quarter, but most solar stocks are in the dark. Sasha Salama reports......
Delta, Virgin Atlantic meet at altar
Dec. 11 - In an effort to expand its access to London's Heathrow Airport, Delta buys a 49 percent stake in Richard Branson's Virgin Atlantic. Conway G. Gittens report......
Daily Digit: $22.7b return on AIG
Dec. 11 - The U.S. Treasury sells last batch of AIG shares purchased as part of its controversial bailout, bringing the total profit to $22.7 billion. Conway G. Gittens reports......
Bank of England could get new growth target
The Bank of England could be given a new mission statement and instructions to do more to boost growth in the struggling British economy, under plans being pushed by minsters.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/.....
Margaret Hodge MP - apology
Margaret Hodge MP - Contrary to our report "Hodge faces challenge over family firm's taxes" (Nov 20), Stemcor, in which Ms Hodge has a small shareholding, has not abused transfer pricing to avoid tax. We accept that there is no inconsistency or hypoc.....
Bold, decisive and imaginative? Barclays' hiring of Hector Sants is none of those things
How the mighty fall. From Bank of England Deputy Governor-designate and chief executive of the Financial Services Authority to head of compliance at Barclays. Hector Sants' appointment to the lender just doesn't stack up.<img width='1' height='1' .....
James Harding out as News International paves way to merge newspapers
News International ousted James Harding as editor of The Times as it paved the way to merge the newspaper with The Sunday Times, it can be disclosed.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/268a292c/mf.gif.....
James Harding steps down as editor of The Times
James Harding has stepped down as editor of The Times, News International has confirmed. He will be replaced by John Witherow, editor of the Sunday Times.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/2688200b/m.....
It's time the Old Lady was given more obvious growth objectives
It is still six months before Mark Carney takes up his post as Governor of the Bank of England, yet already he's being forced to learn the hard way about the excitable nature of the British press.<img width='1' height='1' src='http://telegraph.fee.....
Wal-Mart eyes takeover of Turkey's Migros Ticaret
Asda's American owner has been weighing expansion in Turkey with the acquisition of a stake in Turkish supermarket giant Migros Ticaret for more than 1bn.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/268a1fda/m.....
Wal-Mart eyes 1bn-plus takeover of Turkey's Migros Ticaret
Asda's American owner has been weighing expansion in Turkey with the acquisition of a stake in Turkish supermarket giant Migros Ticaret for more than 1bn.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/2689856f/m.....
888 Holdings climbs on Facebook agreement
888 kept dealers busy while wider market activity remained muted.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/26898095/mf.gif' border='0'/><br/><br/><a href="http://da.feedsportal.com/r/15153.....
Federal Reserve begins to addresses exit strategy as it ties low interest rates to unemployment level
The Federal Reserve has signalled it will consider raising interest rates when the US unemployment rate falls below 6.5pc, as the central bank tries to offer further clarity on when the era of cheap money will end.<img width='1' height='1' src='ht.....
SuperGroup boss defends fashion retailer after shares tumble
The co-founder and chief executive of SuperGroup has defended the fashion retailer after its shares slumped 7pc on the back of a fall in profits.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/2689809e/mf.gif' bo.....
Vince Cable: investors' expections of bank returns are 'unrealistic'
Vince Cable has admitted that there "may well be a conflict" between investor expectations of returns from bank stocks and Government policies.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/26897656/mf.gif' bord.....
Google boss says $2bn tax avoidance "is called capitalism"
Google's success in avoiding $2bn of global income taxes last year was just good capitalism which the company is "very proud of", Eric Schmidt, executive chairman, has said.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/.....
The flexibility within our labour market shows that Britain works
Given the fragile economy, the jobs market has performed well this year.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/26897659/mf.gif' border='0'/><br/><br/><a href="http://da.feedsportal.com/.....
Google's tax avoidance is called 'capitalism', says chairman Eric Schmidt
Google chairman Eric Schmidt has insisted that he is "very proud" of the company's tax structure, and said that measures to lower its payments were just "capitalism".<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/.....
Suntory IPO talk raises speculation of bid for Beam
Japanese drinks company Suntory is considering a multi-billion dollar listing of its core food and non-alcoholic beverage division - a move that could pave the way for a $10bn (6.2bn) takeover bid for US bourbon whisky group Beam.<img width='1' he.....
Deutsche Bank co-chief named in carbon tax investigation
Two board members at Deutsche Bank, including the lender's co-chief executive, have been drawn into a police investigation into tax evasion related to the group's carbon trading business.<img width='1' height='1' src='http://telegraph.feedsportal......
BoE economist Spencer Dale warns on Mark Carney's ideas
Spencer Dale, the Bank of England's chief economist, has raised questions about incoming Governor Mark Carney's radical policy ideas to revive growth - warning that they could jeopardise the central bank's credibility.<img width='1' height='1' src.....
FTSE 100 will surge 8pc in 2013, says LGIM
Investment manager says stocks will rise despite lacklustre growth.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/2688fa21/mf.gif' border='0'/><br/><br/><a href="http://da.feedsportal.com/r/151.....
Debt Crisis: As it happened - December 12, 2012
European finance ministers have gathered in Brussels to thrash out the details of the ECB's bank supervision mechanism after a meeting on December 4 ended in deadlock.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300.....
Fed boosts QE and ties rates to unemployment level
The Federal Reserve has ramped up its stimulus to the economy, expressing disappointment with the pace of recovery in employment as contentious US budget talks heighten uncertainty about the outlook.<img width='1' height='1' src='http://telegraph......
If the UK is to compete, it needs a pipeline of talent entering the workforce
One of the greatest threats to the UK's continued drive to reduce the deficit and stimulate much-needed growth is the paradox of unacceptably high levels of youth unemployment while businesses continue to report a shortage of skilled workers for jobs.....
Debt Crisis: Ministers gather in Brussels to thrash out bank supervision deal - live
European finance ministers have gathered in Brussels to thrash out the details of the ECB's bank supervision mechanism after a meeting on December 4 ended in deadlock.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300.....
Times editor James Harding's resignation speech
James Harding has stepped down as editor of The Times. Here is the speech he gave his staff on Wednesday.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/268857aa/mf.gif' border='0'/><br/><br/><a.....
BHP Billiton sells China stake in LNG project for 1bn
China continues its grab for global energy assets, as it agrees to buy a stake in an proposed Australian gas project from BHP Billiton, the world's biggest mining company, for $1.63bn (1bn).<img width='1' height='1' src='http://telegraph.feedsport.....
