Autumn Statement: CPS Calls For Action On Debt

George Osborne should introduce cash freezes to avoid missing his debt target, a right-wing think tank has said just days before the Autumn Statement. The Centre for Policy Studies (CPS) claimed the country's debt will be between £20bn and £30bn higher...

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Corporation Tax Transparency Call From KPMG

Companies that operate in the UK have been urged to accept greater transparency over their complicated tax structures by a top professional services firm. KPMG described it as a "sea change" for companies as they learn to disclose more account details....

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Data Watchdog Gives Christmas Warning

By Pete Norman, Sky News Online The data protection watchdog has told Sky News that consumers need to be increasingly wary of what companies do with credit card details given over the phone or online. The warning from the Information Commissioner's...

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Energy Bills 'Will Be Lower' Under New Policy

Energy Secretary Ed Davey has said the Government's long-delayed Energy Bill would see consumers pay less for energy in the long-run. As he introduced the legislation to Parliament, Mr Davey said: "The net effect of Government policy on energy...

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Nintendo Wii U: Games Fans Queue For Console

Games fans queued outside a store in London's Oxford Street, eager to be among the first in the UK to own the much-anticipated Wii U. The first major home console launch since 2006 has already proved popular in the US, despite mixed reviews, and there...

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Supermarkets Back New Price Promotion Rules

What The Supermarkets Say Updated: 3:19am UK, Friday 30 November 2012 Eight major supermarkets have signed up to a new code on special offers and price promotions, while Asda is considering whether to take part. Here is what some of the retailers had...

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Comet: Jobs At Risk As Shops Face Closure

Comet's administrators have confirmed a further 125 stores will close by the end of the year if they fail to get a firm offer for the whole business. Around 70 stores of the original 236 will remain open until the electricals retailer's remaining...

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BP Banned From New US Government Contracts

The US Environmental Protection Agency has suspended BP from new government contracts as three BP employees deny criminal charges. The temporary ban stemmed from the British oil giant's conduct in the blowout at its Deepwater Horizon rig, which...

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Dixons 'To Benefit' From Comet As Sales Rise

This year's summer of sport gives Dixons Retail Group a boost in the UK, as it prepares to benefit as a result of Comet entering administration. Like-for-like sales at the retailer - which owns Currys and PC World - were up 3% in the UK for the six...

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UK's First 'Green' Bank Opening For Business

The UK's first ever 'green' bank will be officially declared open for business later. The Green Investment Bank (GIB) is funded with £3bn of Government money earmarked for helping develop a green economy. It will be launched by Business Secretary Vince...

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Rail Fares Set To Rise Above Inflation Again

New Season Rail Ticket Prices Updated: 1:08am UK, Wednesday 28 November 2012 According to Passenger Focus, these are examples of the new season ticket prices and fare percentage increases on 2012 that will take effect from January 2013: :: Gillingham...

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'Fears For 5,000 Comet Jobs Before Christmas'

Comet's staff have been informed they could be made redundant before Christmas amid plans to close stores by December 18, according to reports. If a buyer is not found for the embattled retailer - which called in the administrators earlier this month...

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Eurozone And IMF Reach Greece Debt Deal

Eurozone finance ministers and the International Monetary Fund have reached an agreement on Greek debt, which paves the way for the release of much-needed loans. After nearly 10 hours of talks, it was agreed that the country's public debt should fall...

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Govt 'Failing On Its Key Environmental Pledges'

The Government is failing on its key environmental targets, including action on flooding, according to a report by leading charities. Ministers are failing to improve flood defences and prevent unnecessary building in areas at high risk of flooding,...

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Apprenticeships: Call For 'High Quality' Schemes

Urgent reform of the Government's apprenticeship programme is needed for it to succeed, according to a new report. Its author, entrepreneur and former Dragons' Den star Doug Richard, said the quality of apprenticeships needed improving to deliver the...

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Too Many Transport Schemes 'Stuck In Slow Lane'

Too many transport projects crucial to business growth are being sidelined by the Government, the British Chambers of Commerce says. Of 13 key projects identified as vital before the 2010 general election, just three are going ahead, with two having...

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UBS Fined £29m Over London Rogue Trader

The City watchdog has fined Swiss investment bank UBS £29.7m over the biggest fraud in British history. The Financial Services Authority (FSA) fined the bank for system and control failings within its corporate structure that allowed London rogue trader...

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'Austerity Era Could Last Up To Eight Years'

A key financial target of the Chancellor's Autumn Statement next week may have to be abandoned, according to a leading think tank. The Institute for Fiscal Studies (IFS) has said that the target that debt should be falling in the 2015-16 tax year may...

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'Black Friday' Discount Day Reaches UK

Some of the UK's biggest retailers are cashing in on a US tradition which sees millions of frenzied shoppers make the most of discounted prices. Amazon, Asda and Apple are among the companies that have launched so-called Black Friday sales in Britain...

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Cameron: EU Deal 'Just Not Good Enough'

What Now For EU Budget? Updated: 10:16pm UK, Friday 23 November 2012 By Adam Boulton, Political Editor The 27 EU member states did not agree a budget for the next seven years at the summit in Brussels. But David Cameron will be able to go home...

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Tax Backlash Prospect For Independent Shops

By Poppy Trowbridge, Business & Economics correspondent Independent businesses could benefit from public uproar over low rates of corporation tax paid by global giants Starbucks, Amazon and Google, according to retail experts. The backlash...

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