Archive for the ‘BBC News’ Category
Six million hit by tax mistakes
September 4th, 2010 | 
Author:
HM Revenue and Customs says some 1.4 million people each owe about £1,500 in tax, while 4.3 million will get an average rebate of £418.
US sees 54,000 jobs go in August
The US economy shed another 54,000 jobs in August, the third month in a row that jobs have been lost, official figures show.
UN calls special food price talks
The United Nations' food agency calls a special meeting of policy makers to discuss the recent rise in global food prices.
HSBC threatens to quit London HQ
HSBC may quit its London headquarters if the UK government decides to break up big banks, a senior executive says.
UK builders and services falter
New data shows new construction orders contracted in the second quarter, while the services sector slowed sharply in August.
BP says oil spill cost up to $8bn
BP says the cost of its Gulf of Mexico oil spill has risen to $8bn - a rise of more than $2bn in the last month alone.
Alcohol drinking ‘continues fall’
Alcohol consumption has fallen faster than ever, figures from the British Beer and Pub Association suggest.
Europe agrees finance watchdogs
The European Union agrees to reform financial supervision, with new agencies to oversee banks, insurers and financial markets.
House prices fall again in August
House prices fell for the second month in a row in August, according to the Nationwide building society.
Four power firms face sales probe
Four of the "big six" UK energy suppliers are to be investigated amid concerns of mis-selling to customers, the regulator says.
US and China manufacturing grows
Positive manufacturing data from America and China eases concerns over the strength of the global economic recovery.
Apple launches MySpace challenger
Apple launches a music-based social network called Ping as part of its latest upgrade to the iTunes music software.
Blair ‘warned on economy’ in 2005
The UK should have addressed its public deficit back in 2005, former Prime Minister Tony Blair has told the BBC.
Lehman ‘could have received help’
The former head of Lehman Brothers, Dick Fuld, blames regulators for the collapse of the Wall Street investment bank.
Sony rolls out rival to iTunes
Sony has unveiled its own music and video download in an announcement timed to coincide with an Apple media event.
Ferrari recalls cars after fires
Luxury carmaker Ferrari recalls all of the 458 Italia cars made this year, following reports of the supercars catching fire.
Higher student loan rates begin
Millions of graduates will now start paying interest on their student loans again as new interest rates come into effect.
Credit card debt is hitting banks
Banks have written off a record amount of credit card debt despite charities reporting a fall in calls from worried borrowers.
Hawk-Eye firm lined up for sale
The British company behind the Hawk-Eye ball-tracking technology used in tennis and cricket is to be put up for sale.
Boots to dissolve pension scheme
The drug company Alliance Boots is dissolving one of its two final-salary pension schemes to 'ensure long-term security'.
