Category: News Wire

The Government raised £11.4bn to pay down debt in January as the annual surge in tax receipts was bolstered by the Treasury’s one-off raid of the Bank of England’s quantitative easing programme.

Germany will avoid recession and return to growth in the first quarter of 2013, the country’s central bank has said.

The Government has demanded that banks revitalise a flagship lending scheme for small firms after research suggested its ability to power growth and job creation is at odds with lenders’ dwindling desire to access it.

Vince Cable has called for the Bank of England to conduct a review of its flagship £80bn lending scheme over fears that it is failing to improve the flow of funding to credit-starved small companies.

Morrisons is to buy 49 stores from the failed Blockbuster film rental chain, the supermarket has announced.

Decisions yet to be made on precise number of shares that will be released to members of management committee

The flagship scheme to tackle late payment is being reduced to a “meaningless” exercise used for “PR purposes” by giant companies, a small businesses group has warned.

The finance ministers of the G20 group of nations are meeting in Moscow amid concerns that major trading powers may be heading towards a currency war.

World’s third and 69th richest men, Buffett and Jorge Paulo Lemann, buy maker of baked beans and ketchup in record food industry deal

The entrepreneur who left brides without their precious wedding gifts when his company went bust has seen his second retail business fail.

A senior MP has told HM Revenue and Customs to “get a grip”, after missing a target to tackle tax credit fraud and error “by a mile”.

New Barclays CEO wants good service from staff who are less motivated to make profits and are encouraged to treat customers with respect

A shale oil revolution could add up to £800 to each person’s economic output in the UK, according to a report from accountants PwC.

The Governor of the Bank of England has piled pressure on George Osborne to deliver radical economic reforms in his Budget next month as he warned that monetary policy would not be able to buy the Chancellor much more time.

Dutch banking and insurance group ING has announced a further 2,400 job cuts as it prepares to split its banking and insurance operations.