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BBC News - Business

Tesco accounts face fresh inquiry

The Financial Reporting Council announces an inquiry into Tesco's accounts for 2012, 2013 and 2014.

Higher pay awards 'on the way'

Bigger pay rises may be on offer in the coming year, according to Martin Weale, a member of the Bank of England's interest rate setting committee.

B&Q's Kingfisher to sell China stake

Home improvements retailer Kingfisher agrees to sell a controlling stake in B&Q China to Wumei Holdings in a cash deal estimated to be worth £140m

City workers expect bigger bonuses

Senior workers in London's financial services sector are expecting an average 21% rise in their bonus payouts for this year, a survey found.

Oil price fall 'not Opec's fault'

Oil-rich Gulf states vow not to cut crude production, blaming speculators and producers outside the Opec group for falling prices.

Gadget insurance complaints rise

The Financial Ombudsman Service says it received 2,200 complaints about gadget warranties last year, double that of the previous year.

Energy shares lift FTSE 100

London's benchmark index rises as energy shares are boosted by the price of Brent crude oil heading towards $63 a barrel.

South Korea cuts growth forecasts

Asia's fourth largest economy, South Korea, cuts its growth forecast for this year and next as consumer and business sentiment weakens.

Asian shares higher in thin trade

Asian markets headed higher on Monday, although trading was thin at the start of a working week shortened by the Christmas break.

North Sea oil summit announced

A plan for a summit to look at the challenges facing the North Sea oil industry is announced by Aberdeen City Council.

Plan to help over-50s get jobs

Unemployed over-50s will be offered "career reviews" and help using computers as part of plans to get more people in that age group into work.

Booking.com fraud network revealed

Details are revealed of a network which attempted to defraud thousands of customers of the online travel agent Booking.com.

Be honest on cuts, says Mandelson

Former Business Secretary Lord Mandelson says Labour's shadow cabinet has to "play as a team" and be up front about public spending cuts.

Companies face 'bloodbath' in Russia

The chief executive of Renault Nissan says manufacturers in Russia are facing a "bloodbath" because of the plunge in the value of the rouble.

Apple 'deeply offended' by BBC story

Apple has said it is "deeply offended" by a BBC investigation into conditions for workers involved in manufacturing its devices.

Blackberry in revenue slide

Troubled smartphone maker Blackberry reports a larger than expected drop in revenue, as it struggles to convince consumers to buy its phones.

Zimbabwe issues coins for Christmas

Special coins issued by Zimbabwe's central bank go into circulation in the run-up to Christmas, to help shoppers who usually get change in sweets.

Nick Hewer to leave The Apprentice

Lord Sugar's adviser on The Apprentice Nick Hewer announces he is to leave the BBC One show after a decade.

Power firms to get £1bn to stay open

Power generation firms are to receive close to £1bn to ensure their plants stay open and prevent the lights going out in the coming years.

Disabled 'missing out' on scheme

Substantial numbers of disabled people are missing out on government support to help them into work, a group of MPs say.

Wonga customer wins fees challenge

Payday lender Wonga will refund the fees and interest charged to a customer whose outstanding loan has already been written off.

China revises up 2013 economy size

China revises up the size of its economy in 2013 by 3.4%, which works out to about the size of Malaysia's economic output.

Nigeria in new bid to defend naira

Nigeria's central bank brings in further measures to support its currency, the naira, which fell to record lows this week.

Bank fine reduces public borrowing

A bank fine of £1.1bn for manipulating currency markets has helped government borrowing figures in November, official figures show.

The people working on Christmas Day

While most of us will be relaxing on Christmas Day, spare a thought for the many people who will be working.

Building the biggest baby food firm

How Paul Lindley, the boss of Ella's Kitchen, built up the UK's largest baby food business.

Unwrapping Africa's red tape

Malawian business tycoon Mike Mlombwa tells the BBC how to deal with red tape and stay on the right side of the law when doing business.

Hereford Utd wound up over tax debt

Hereford United is wound up by the High Court over money owed to HM Revenue and Customs.

SPFL withholds Gers cash over EBTs

The SPFL is to withhold £250,000 due to Rangers for broadcast fees to cover a fine relating to employee benefit trusts.

Fifa dismisses Garcia complaint

Fifa dismisses a complaint from its own World Cup corruption investigator Michael Garcia as well as two whistleblowers.

VIDEO: Beefing up Botswana's cattle farming

With some experts forecasting the diminution of diamond reserves in as little as 20 years, Botswana must look to diversify its export industry.

VIDEO: Monocle eyes rapid Asian expansion

Monocle Magazine is a niche product selling just 18,000 copies a year, but it is aiming to rapidly increase sales in Asia with a new audience of high-end readers.

VIDEO: CBI predicts jobs growth in 2015

The CBI says half of businesses will take on more staff next year but a lack of skills could still hold back the economy.

VIDEO: Arora: 'I took my culture with me'

Speaking from his shop and studio in Paris, Indian fashion designer Manish Arora talks about his success.

VIDEO: India's labour reforms anger unions

Labour law reforms giving small firms more freedom to hire and fire have prompted protests among union members in India.

VIDEO: Botswana's complex ecotourism trade

While much of the profits made from wildlife tourism in Botswana go to foreign-owned tourist operators, the biggest concern for some locals is poachers.

VIDEO: Shopping online from a country cottage

For 2014, there is evidence to suggest more people than ever have shopped online, especially in rural areas where 9 out of 10 people shop online.

VIDEO: Myanmar turns to pop-up power

Myanmar, also known as Burma, is trying out fast track power generation, putting gas generators into re-used shipping containers.

Remembering the InterCity 125

Interactive video remembering the InterCity 125

Tough at the top: 2014's troubled bosses

The leading bosses who had a rotten 2014

The firm that tests the world's ships

The Norwegian firm that tests the world's ships and oil rigs

Germany wants more women in boardroom

Germany's drive to promote more women in business

How German Christmas markets came to the UK

How German markets have exploded across the UK

Digging for diversity in Botswana

Botswana's plans to move away from a reliance on diamonds

Crossrail: Tunnelling beneath London

A rare look into how Crossrail is taking shape below London

How to spot a fake at Christmas

On the seasonal lookout for counterfeit goods

Source: BBC News - Business

BBC News - Business

VIDEO: Beefing up Botswana's cattle farming

With some experts forecasting the diminution of diamond reserves in as little as 20 years, Botswana must look to diversify its export industry.

VIDEO: Monocle eyes rapid Asian expansion

Monocle Magazine is a niche product selling just 18,000 copies a year, but it is aiming to rapidly increase sales in Asia with a new audience of high-end readers.

VIDEO: CBI predicts jobs growth in 2015

The CBI says half of businesses will take on more staff next year but a lack of skills could still hold back the economy.

VIDEO: Arora: 'I took my culture with me'

Speaking from his shop and studio in Paris, Indian fashion designer Manish Arora talks about his success.

VIDEO: India's labour reforms anger unions

Labour law reforms giving small firms more freedom to hire and fire have prompted protests among union members in India.

VIDEO: Botswana's complex ecotourism trade

While much of the profits made from wildlife tourism in Botswana go to foreign-owned tourist operators, the biggest concern for some locals is poachers.

VIDEO: Shopping online from a country cottage

For 2014, there is evidence to suggest more people than ever have shopped online, especially in rural areas where 9 out of 10 people shop online.

VIDEO: Myanmar turns to pop-up power

Myanmar, also known as Burma, is trying out fast track power generation, putting gas generators into re-used shipping containers.

VIDEO: India splashes out on art biennale

Kochi in India is hosting its second art biennale despite criticism the city can't afford to lavish so much money on the arts.

VIDEO: Escape games boom in Budapest

Why are people flocking to Hungary in order to try and escape from locked rooms?

VIDEO: 'Exhausted workforce' in Apple factory

A BBC investigation for Panorama has exposed poor working conditions in factories making Apple products in China.

VIDEO: Russians splash out to beat rouble fall

As the Russian rouble falls in value - and prices for imported goods look set to rise - Russians have been flocking to the stores, to spend their cash on durable goods.

VIDEO: Oil pipeline could benefit Iraqi Kurds

Kurdistan could soon be joining the ranks of the world's major oil exporters, thanks to a new pipeline to Turkey.

VIDEO: Has the high street got worse?

Three years ago retails expert, Mary Portas, carried out a review of the high street for the government and the BBC takes her back to one of those towns, Stockport, to find out if anything has changed.

VIDEO: 'Greece should stay in the EU'

The European Commissioner for Economic and Financial Affairs says he wants "to open a new ear" in the relationship between the European Union and Greece.

VIDEO: Testing out paying by gloves

The first contactless payment gloves are being trialled in stores in the run up to Christmas - Rory Cellan-Jones put them to the test.

VIDEO: Millionaire sues ski slope chippy

A former chief executive of one of the world's biggest cosmetics firms is suing a fast food stall near his holiday home in the French Alps.

VIDEO: Portas call for high street help

Retail expert Mary Portas accuses the government of making "token gestures" to rejuvenate Britain's struggling high streets.

VIDEO: Arterton and Blair back equal pay calls

There is a new wave of feminism says the actor Gemma Arterton backing an MP's call for equal pay for women.

VIDEO: Rolls Royce in luxury 'capital'

Just over 4,000 Rolls Royce cars will be built this year, a record number and Asia is a major market.

VIDEO: Asia's most popular Google search terms

Phablets, selfie sticks and the movie 'Frozen' were among Google's most-searched terms in Asia this year.

VIDEO: China 'over investment' hurt economy

A private survey shows that China's key manufacturing sector is suffering a slowdown.

VIDEO: Items priced at 1p after online glitch

With more and more people turning to the internet to do their Christmas shopping, there is huge pressure on retailers to ensure gifts are delivered in time.

VIDEO: 'Biggest battery' could cut energy bills

Scientists have built the biggest battery in Europe, to see if it can store power locally, rather than rely on the national grid. It could cut consumer's energy bills.

VIDEO: Cheap food at the social supermarket

A social supermarket is selling food that would have been junked to those struggling to afford to feed their families.

VIDEO: Telecoms giant BT looks to buy EE

The telecoms giant BT looks to buy EE - Britain's largest mobile network group - for £12.5bn

VIDEO: Japan's manufacturers mood 'worse'

The latest Tankan survey - a gauge of sentiment - shows the business mood among Japan's manufacturing firms has worsened slightly in the three months to December.

VIDEO: Banks agree on fee-free accounts

A template for fee-free bank accounts has been revealed by the Treasury after a deal was struck with UK major banks.

VIDEO: Yodel boss sorry over Christmas delay

Courier firm Yodel has apologised about delivery delays and has promised parcels will get to customers in time for Christmas.

VIDEO: Millions of homes 'at risk' of floods

Almost one year on from the wettest winter on record, millions of UK homes are still not adequately prepared for possible flooding.

VIDEO: Chip-and-pin victory for actress

An actress with dwarfism who could not reach chip-and-pin machines in a post office has had her discrimination case settled by the company.

VIDEO: Living in a shipping container

A new housing development has been built in Johannesburg, South Africa, using shipping containers and disused grain silos.

VIDEO: Is Yodel failing to deliver this Christmas?

The courier firm, Yodel, has stopped collecting parcels from retailers as it struggles to deliver the huge jump in online orders following the so-called Black Friday sales.

VIDEO: Struggling to find skilled staff?

As order books fill and contracts start to grow, some firms are finding it a problem finding people to do the work.

VIDEO: 'Crisis' for India's cotton producers

India's cotton producers say they are at a crisis point because of falling demand and plunging prices. The BBC's Ashleigh Nghiem reports on the problem.

VIDEO: Are Abe's arrows hitting the targets?

Ahead of this weekend's elections, the BBC's Linda Yueh looks at whether the so-called 'three arrows' of Abenomics are hitting their targets.

VIDEO: Will Japan vote for more Abenomics?

Japanese voters go to the polls this weekend, where they are widely expected to re-elect current Prime Minister Shinzo Abe.

VIDEO: Help call for struggling borrowers

Borrowers in trouble should be protected from paying interest and loan charges if they tell their lender they are having problems, a charity says.

VIDEO: Petrol prices hit four-year low

The average UK price of petrol drops to its lowest level since December 2010.

VIDEO: The risks facing Asian firms in 2015

Richard Fenning tells the BBC what risks Asian firms should be looking out for in the year ahead.

VIDEO: NZ jet pack maker floats in Australia

A New Zealand company says it has developed the jetpack into a viable commercial venture and it is aiming to list on the Australian stock exchange.

VIDEO: Making Chinese websites for UK firms

The British government does a deal with Chinese firm Shangpin to help UK firms get more from selling in Asia.

VIDEO: Builders accused amid Qatar 2022 boom

Sue Lloyd-Roberts reports on the questions about worker safety, pay and conditions facing construction companies helping Qatar to prepare for World Cup 2022.

VIDEO: Wikipedia founder backs 'Google tax'

Wikipedia founder Jimmy Wales has backed plans for a so-called "Google tax".

VIDEO: Crackdown on UK's billion nuisance calls

A task force set up to deal with nuisance phone calls has said that company directors should be held responsible for bombarding people with unwanted messages.

VIDEO: Mixed report on Scotland's economy

An economic report shows that growth in Scotland's economy slowed in November and warns of a challenging year ahead.

VIDEO: Mail delivery 'cherry picking' claims

Royal Mail says competitors in the bigger cities cherry picking its business could harm rural postal services.

VIDEO: Hong Kong's hidden rooftop slums

Tens of thousands of people are believed to live in illegal rooftop slums in Hong Kong, the world's most expensive residential property market.

VIDEO: A look at Asia's philanthropists

Mykolas Rambus, chief executive of Wealth-X, tells Asia Business Report about where Asia fits in the global business of giving.

VIDEO: Meet the Retail Ombudsman

A new watchdog, the Retail Ombudsman, is being set up to deal with disputes between retailers and their customers.

VIDEO: Rail fares to rise by 2.2% next year

Average rail fares will rise by 2.2% from 2 January, marking the lowest rise for five years. Richard Westcott reports.

VIDEO: South Stream halt: 'Example of unity'

The President of Lithuania says that Russia's move not to go ahead with the South Stream gas pipeline is proof that Europe's tough stance is working.

VIDEO: Namibia's 'life-giving' ideas lab

A place where entrepreneurs can turn their ideas into products, the BBC visits Namibia's "fabrication laboratory".

VIDEO: India moves to shield drug production

India's government is worried that any dispute with China could lead to India running out of essential drugs and is moving to avoid such a scenario.

AUDIO: Osborne attacks BBC cuts coverage

George Osborne has criticised BBC coverage of future spending cuts as "totally hyperbolic" in a Radio 4 interview following his Autumn Statement.

VIDEO: Zimbabwe's unstable diamond industry

The BBC's Brian Hungwe reports from Harare, Zimbabwe, on the ups and downs of the diamond business.

Source: BBC News - Business

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