![]() | BBC News | Business | UK EditionLast updated at Sat, 04 Jul 2009 17:03:54 GMT |
| BT offers holidays for pay cuts BT offers staff the chance of long holidays in return for a big pay cut in a bid to reduce costs during the economic downturn. |
| Rogue trades cost oil broker $10m A rogue trader at a London-based oil brokerage causes his employer to lose $10m (£6m) after making unauthorised trades. |
| BA to cut spending by one fifth British Airways says it is to reduce capital spending by 20% as it faces falling passenger numbers. |
| Latest news, explainers and advice on coping with a recession |
| Darling issues warning to bankers Chancellor Alistair Darling warns bankers it would be "disastrous" to repeat past mistakes - especially excessive bonuses. |
| E.On cutting gas prices by 3.3% Energy firm E.On will cut its gas prices for domestic customers by 3.3% - an average of £25 a year - from Saturday. |
| Mandelson hints at Vauxhall loans The UK is prepared to make loans or loan guarantees to help push through the sale of Vauxhall, says Lord Mandelson. |
| Mortgage repayment quickens Homeowners in the UK paid back a record amount of their outstanding mortgage debt during the first three months of 2009. |
| Europe nears gas pipeline accord Five European governments are due to sign an agreement on 13 July for a major new pipeline from Central Asia. |
| Union's Tesco challenge defeated Tesco shareholders vote against a call to end the alleged exploitation of workers in firms supplying meat to the supermarket group. |
| How to find property in England and Wales for under £40,000 The most affordable property in some areas of England and Wales is on the market for less than £40,000, a survey suggests. |
| Korea change How a British beer ended up as Pride of Pyongyang |
| Feed the poor Welfare costs to strain India's budget |
| Rogue trading Can one individual have the clout to move markets? |
| Man's world? Encouraging more women to work on building sites |
| Burning out Budget busts mean damp squibs in the US on 4 July |
| For richer... Is this the green light for pre-nuptial agreements? |
| Eurozone retail sales post fall Retail sales in the eurozone fell more than expected in May, a further sign of the slowing economy, data shows. |
| More backing for Rio cash-raising A Rio Tinto rights issue sees strong take-up from existing holders of its Australian-listed shares - after similar UK success. |
| Regulators eye Google book deal US anti-trust regulators are to examine Google's $125m deal with book publishers to settle copyright issues, reports say. |
| Construction sees slowdown The UK construction sector is expected to shrink by 16% in 2009, according to an industry body. |
| Japan rethinks silent hybrid cars Japan considers adding noise-making devices to quiet hybrid cars to improve safety for blind pedestrians. |
| GM awaits US ruling on sale plans A new General Motors could emerge from bankruptcy protection soon if a US judge approves its plans to sell assets. |
| Go-ahead for Sahara gas pipeline Nigeria, Niger and Algeria agree to build a multi-billion-dollar gas pipeline across the Sahara. |
| Madoff's luxury penthouse seized US marshalls seize the $7m Manhattan penthouse of imprisoned fraudster Bernard Madoff, forcing his wife to move. |
| Vodafone in deal with Carphone Carphone Warehouse is to restart selling Vodafone mobile phone contracts, three years after Vodafone pulled the products. |
| Credit card cheques crackdown Unwanted credit card cheques will be banned and a new post created to help consumers get refunds, the government says. |
| US job losses worse than thought The number of jobs lost in the US last month came in at 467,000, which is much more than had been expected. |
| IMF refuses Zimbabwe new aid The International Monetary Fund tells Zimbabwe it will not provide more funds until it has settled its existing $1bn debts. |
| Pension view 'not radical enough' The author of an influential report into the future of pensions in the UK tells the BBC his proposals were not radical enough. |
| Pensions 'threat' to Royal Mail Failure to resolve the Royal Mail's huge pension deficit threatens the UK's universal postal service, it has been claimed. |
| More defaults expected on loans Defaults on loans have risen and are expected to increase in the coming months, a Bank of England survey finds. |
| California in 'fiscal emergency' Governor Arnold Schwarzenegger declares a fiscal emergency in California to deal with a $24.3bn (£14.5bn) deficit. |
| Indian growth of 7% 'is possible' Economic growth of 7% in India is possible this year, according to a report from the country's finance ministry. |
| Eurozone unemployment up again The unemployment rate in the 16 countries using the euro rose to 9.5% in May, according to official EU statistics. |
| RBS boss to delay selling shares Royal Bank of Scotland says chief executive Stephen Hester will not cash in shares worth up to £3.4m for a further two years. |
| Warm weather helping Greene King Brewer Greene King sees its annual profits fall 62%, but says recent trading had been boosted by the hot weather. |
| New sales falls for US car makers US vehicle sales dropped in June, but there were signs of stabilisation as Ford saw its smallest decline in a year. |
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