Ofgem Pledges To 'Simplify Energy Market'

Ofgem has published plans that it says will create a "simpler, clearer and fairer" energy market. The regulator outlined a range of measures including scrapping confusing tariffs and forcing suppliers to tell consumers the cheapest deal available. ...

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EU Agrees On Bank Supervisor After Compromise

European leaders have agreed to create a supervisor for all eurozone banks in 2013, after a disagreement between France and Germany threatened to derail the deal. By the end of a two-day summit of European leaders in Brussels, a 120bn euro (£97.5bn)...

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Google Beats Rivals With Low Price Laptop

Google is launching its new low-priced Chromebook laptop as rivals Microsoft and Apple prepare to release their latest gadgets. The lightweight computer will sell in the UK for around £200 and $249 in the US. It will go on sale early next week. It...

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FSA 'Should Have Stopped' RBS' ABM Takeover

The financial regulator should have blocked Royal Bank of Scotland's (RBS) takeover of its Dutch rival ABN Amro in 2007, according to MPs. The Financial Services Authority (FSA) was criticised in a report by Parliament's Treasury Select Committee for...

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Public Sector Net Borrowing Falls To £12.8bn

Public sector net borrowing falls to £12.8bn in September - the lowest figure for the month since 2008. The official data, which excludes financial interventions like bank bailouts, is £0.7bn lower than in September last year. The improvement...

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Ofgem Pledges To 'Simplify Energy Market'

Ofgem has published plans that it says will create a "simpler, clearer and fairer" energy market. The regulator outlined a range of measures including scrapping confusing tariffs and forcing suppliers to tell consumers the cheapest deal available. ...

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Retail Crisis: Chain Store Closures Hit 32 A Day

There has been an acceleration in the number of chain stores closing on the UK's high streets - hitting 32 a day on average amid high rent bills and the recession. According to data released by professional services firm PwC and the Local Data Company...

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Apple Fights Samsung Copyright Ruling

By Katie Stallard, Media and Technology Corrrespondent Apple and Samsung will return to the Court of Appeal in London today in the latest round of their global patent wars. The two tech titans are currently embroiled in a series of lawsuits around...

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UK Car Manufacturing Hit By Fall In Demand

A fall in European demand for British-made cars hits the manufacturing of vehicles across the UK, according to automotive industry figures. Car manufacturing fell 5.8% in September, with 128,192 cars made in the Britain, according to the Society...

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Unemployment: UK In Youth Jobs Crisis

By Gerard Tubb, North of England Correspondent Young people are finding it increasingly difficult to get full time work as employers choose experienced candidates and fill positions quickly. Researchers who sent out 2,000 applications from fictitious...

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Exclusive: AAR Close To £17bn Sale

The Russian-based businessmen whose joint venture with BP has been plagued by years of in-fighting have agreed an outline deal to sell their stake to the state-owned oil giant Rosneft for about $28bn (£17.3bn), I have learned. AAR, a consortium of four...

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Part-Time Work Drives Britain To Record Employment

Official figures show employment has reached a new record high with the UK jobless rate falling to 7.9% despite the country being mired in recession. The upbeat figures of recent months, which have led economists to question how the Office for National...

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