Business news blog


BA owner IAG reports big rise in profit

British Airways owner IAG says profits for the year rose 64% to €1.8bn (£1.4bn) for the year helped in part by lower fuel prices.

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These 3 words are enough to soften the UK's scariest banking rule - Business Insider


Business Insider

These 3 words are enough to soften the UK's scariest banking rule
Business Insider
REUTERS/Toby MelvilleBritain's Chancellor of the Exchequer, George Osborne, delivers a keynote address at a dinner held by the CBI (Confederation of British Industry) in central London May 20, 2015. One of the scariest rules for senior UK bankers was ...

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US September jobs figures disappoint

The US economy added 142,000 jobs in September - far lower than the 203,000 predicted by economists.

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Drax pulls out of carbon capture scheme

Energy company Drax has pulled out of a ?1bn carbon capture project because of the government's decision to reduce subsidies for renewable energy.

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Brooks 'to return as News Corp chief'

News Corp confirms it is in talks with Rebekah Brooks after the Financial Times newspaper reports she is to return as chief executive of its UK division.

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