Business

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Weekly wages catch up with inflation

crowd of people

After nearly six years of falling real wages, weekly earnings have finally caught up with inflation, according to the Office for National Statistics.

  • 16 April 2014

UK unemployment rate falls to 6.9%

The number of people out of work in the UK has fallen by 77,000 to a five year low of 2.24 million in the three months to February, official figures indicate.

  • 16 April 2014

Tesco announces 6% fall in profit

UK supermarket giant Tesco announces a 6% fall in annual group trading profit to £3.3bn, the second year that profits have fallen.

  • 16 April 2014

Starbucks to move European HQ to UK

Starbucks is to move its European head office to London by the end of the year, meaning it will pay more tax in the UK, the company says.

  • 16 April 2014

Legal costs hit Bank of America

Bank of America reports a $276m first-quarter loss, after taking into account a $6bn charge for mortgage-related legal matters.

  • 16 April 2014

Former Co-op boss faces drug charges

Paul Flowers, the former chairman of the Co-operative Bank and ex-Methodist Church minister, is charged with three counts of drug possession.

  • 16 April 2014
  • From the section: UK

The morning's business round-up

Business Live: Average earnings growth catches up with inflation, Tesco profits fall and much more.

  • 16 April 2014

China's 7.4% growth beats forecast

China's economy expanded by 7.4% in the first quarter of the year, better than expected but down from 7.7% at the end of 2013.

  • 16 April 2014

Sports Direct leads FTSE 100 higher

Upbeat forecasts for Sports Direct and better-than-expected Chinese growth data send the FTSE 100 higher.

  • 16 April 2014

Remittance fees 'hurt Africans'

Communities in sub-Saharan Africa are being "hurt" by high fees charged by money transfer operators, charity Comic Relief says.

  • 16 April 2014

'Shocking' rise in use of food banks

Hundreds of thousands more people are turning to food banks to stop themselves from going hungry, says charity the Trussell Trust.

  • 16 April 2014

Growth in Scottish economy slows

The Scottish economy grew by 0.2% in the final three months of 2013, compared with growth of 0.7% in the UK as a whole.

  • 16 April 2014
  • From the section: Scotland business