News

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Business News from the BBC

BBC News - Business
The latest stories from the Business section of the BBC News web site.

US job numbers show strong growth
     The US economy created 243,000 jobs in January, while the unemployment rate fell to 8.3%, official figures show.

Work programme on track: Grayling
     Around 20% of unemployed people who have been on the government's main welfare-to-work scheme, the Work Programme, for at least 6 months have been found a job, the BBC has learnt.

New Virgin staff pay for checks
     Virgin Atlantic is forcing successful job applicants to pay for their own criminal record checks, Radio 4's Money Box reveals.

High Streets bid for ??1m funding
     The government is looking for 12 run down High Streets in England to share ??1m as a part of plans proposed by TV retail guru Mary Portas.

Annuity sales 'unfair and opaque'
     The way annuities are sold is costing half a million retirees each year as much as ??1bn in future pension income, the National Association of Pension Funds says.

RBS boss calls for pay correction
     The chairman of 82% taxpayer-owned Royal Bank of Scotland (RBS) says banker pay has been "high for too long" and needs to be corrected.

Europe hit by Russia gas shortage
     Freezing weather sweeping across Europe is causing a shortage of vital Russian gas supplies to several countries, officials say.

BT vow fibre optic 'game changer'
     Fibre optic broadband connections to at speeds of 300 Mbps will be available 'on demand' in the UK next year, BT says.

Apple overturns Motorola's ban
     Apple is granted a suspension of a sales ban imposed on some of its iPads and iPhones in Germany.

Service sector sees strong growth
     The UK's service sector grew at its fastest rate since March 2011 in January, according to a closely watched survey.

1.1 million face ??100 tax fines
     Just over one million taxpayers face a penalty of ??100 for failing to submit their self-assessment tax returns on time, HM Revenue and Customs says.

Personal insolvencies 'down 11%'
     Fewer people were declared insolvent in 2011 in England and Wales than in 2010, but the number of companies going bust increased.

BT cuts costs to increase profits
     Telecoms group BT reports a sharp rise in profits, thanks largely to a jump in the number of broadband users.

UK recession looms, says report
     The UK will enter recession in the first half of the year as households continue to cut back, says the National Institute of Economic and Social Research.

Score draw in TV football case
     The Premier League and the importers of foreign satellite TV decoder boxes and cards are both claiming victory after their latest court battle

Legal news from Clickdocs

Top Stories
News - Top Stories

Succession (Scotland) Act
     Provision for spouses and civil partners of those who die intestate increased in Scotland.

Commercial law
     The Red Tape Challenge focuses on company law.

Acas guidance for the Olympics
     Acas publishes guidance on managing attendance and dealing with performance issues during the Olympics.

Tax return deadline
     HMRC warns of penalties for late tax returns.

'Blue Monday'
     Monday 16 January 2012 has been designated the most depressing day of the year and could be costing businesses ?billions in lost productivity.

Internet law
     A student has won a court order to prevent images of her being shared online after her mobile phone went missing.

Temporary Workers
     European legislation places temporary staff at risk of dismissal, according to survey.

Employment tribunal cases
     Plans to reduce number of tribunal cases will lead to more "compromise agreements", claims Minister.

Intestacy recommendations
     Law Commission recommends rights for unmarried couples if partner dies intestate.

Dismissal changes announced
     Changes to employment law will reduce employee protection

Civil partnerships
     Scottish civil partnerships dissolved in error

Overhaul of employment laws
     Business Secretary Vince Cable announces the most radical reform to the employment law system for decades.

Apprenticeships
     Cable announces incentive payments for young apprentices.

Employment law
     'Protected conversations'

Buying goods abroad
     HM Revenue & Customs has today advised not to get hit by unexpected charges when shopping for Christmas bargains this year.

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