Category: News Wire

Small businesses that could have been mis-sold complex interest rate derivatives face a wait of up to nine months to find out whether they are entitled to any compensation.

The Treasury is considering the introduction of “mini-jobs”, which allow people to take on work without paying tax or national insurance, in a bid to boost employment.

Greece’s Prime Minister, Antonis Samaras, has called for more time to implement tough spending cuts and reforms, ahead of talks on its bailout.

Closing arguments have been delivered in the US patent trial between the two biggest smartphone-makers in the world, Samsung and Apple.

George Osborne has failed to kick-start the economy and must cut taxes, reduce red tape and invest in new infrastructure to boost growth, business leaders have warned.

As Britain loses faith in its banks and feels shockwaves from the euro crisis, one city is trying to keep local wealth in local pockets with the launch of its own currency.

Fewer than one in 10 small businesses applying for finance over the past year succeeded in gaining the amount they applied for, a survey of 1,000 firms has found.

Conditions of Greek aid programme must be adhered to, insists Germany’s Volker Kauder ahead of eurozone talks

George Osborne has been urged to get ‘bolder’ in order to pull the UK out of recession.

Invoice finance providers are “profiting” from putting clients into administration at the expense of the taxpayer and other creditors, according to allegations made by business owners, industry insiders and a campaign body.

Virgin Rail’s losing bid for the West Coast train franchise is understood to have been officially rated by the Department for Transport as a more “deliverable” offer than FirstGroup’s.

Small manufacturers may finally be poised to turn to exporting to exploit a slowdown in domestic orders.

George Osborne has been urged to abandon his austerity plans and boost infrastructure spending to rescue the economy by a group of top economists who backed his deficit cutting plans just two years ago.

Pressure on the banking sector over the Libor-rigging scandal was ramped up after it emerged that seven banks, including the Royal Bank of Scotland and HSBC, have been issued with subpoenas in the US.

Germany’s economy grew 0.3 per cent in the second quarter of the year, helped by exports and domestic consumption.