Red Bull Blackmail Attempt Threatens Cans

Red Bull has revealed it has been the victim of a blackmail attempt, amid threats to contaminate cans of its energy drink on supermarket shelves. The Vienna-based company said the threats started several weeks ago. But Marcus Neher of the Salzburg...

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Ed Balls Joins Calls For Emergency Tax Cuts

Shadow chancellor Ed Balls has joined calls for emergency tax cuts in next week's Budget. Chancellor George Osborne is under pressure to make bold tax moves on Wednesday to kick-start the UK's flagging economy. The looming prospect of a triple-dip...

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'Mumpreneurs' Could Be Lifeline To Recovery

By Poppy Trowbridge, Business and Economics Correspondent Companies run by mothers contribute around £7bn a year to the economy but there are calls for the Chancellor to introduce measures to make it easier to start a business from home. It has...

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Economic Recovery 'In Sight', Says Mervyn King

Recovery is finally "in sight" for Britain's beleaguered economy, the governor of the Bank of England has said. Sir Mervyn King said that "momentum" was building within the economy which would become apparent during the course of the current year. ...

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Samsung Galaxy S4 Launched In New York

Technology giant Samsung has unveiled its new Galaxy S4 smartphone, a handset which allows users to control the screen using their eyes. The range of new features were revealed at the global launch in New York, including a dual camera function that...

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JP Morgan Slammed In 'London Whale' Report

A US Senate report has slammed investment bank JP Morgan over the conduct of its so-called London Whale trader, who lost the company more than $6bn. The official report said JP Morgan Chase & Co ignored risks, misled investors, fought with regulators...

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RBS To Share in Worldpay Windfall

By Mark Kleinman, City Editor One of the businesses carved out of Royal Bank of Scotland (RBS) as punishment for its rescue by taxpayers is preparing a refinancing that will pay its shareholders a handsome dividend that could run to hundreds of...

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Samsung Galaxy S4 Smartphone Set For Launch

Technology fans are gearing up for one of the biggest product launches so far in 2013 - Samsung's Galaxy S4 smartphone. The unveiling will take place later in New York, with the South Korean firm hoping to set a new benchmark for its rivals. Rumours...

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Morrisons To Launch Online As Profits Fall

Morrisons has confirmed its first fall in profits for six years but also plans to launch online in 2014 as it attempts to catch up with rivals. The supermarket chain's chief executive Dalton Philips had pledged to drive a turnaround after sales plunged...

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Thomas Cook Plots £400m Share Issue

By Mark Kleinman, City Editor Thomas Cook, Britain's biggest tour operator, is drawing up plans to tap shareholders for more than £400m in a bid to secure the company's long-term future. I can reveal that Thomas Cook is working on the equity-raising...

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Dreamliner Battery Fix Given Clearance

A plan by Boeing to redesign the 787 Dreamliner's fire-plagued lithium-ion batteries has been approved by US regulators. While the Federal Aviation Administration (FAA) said the move was an outline for re-certification of the plane's batteries, it would...

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Olympics Fiasco: G4S Profits Fall By A Third

Annual profits fell by a worse than expected 32% at G4S, the firm at the centre of last year's Olympics security fiasco. Pre-tax profit for 2012 dropped to £175m from £257m the previous year as a result of a £70m loss on its contract to supply security...

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Pound Falls To Another Low Against Dollar

The pound has continued to fall against the dollar, hitting a level last seen in the early days of the Coalition. It fell to $1.4868 on Monday, after slipping below $1.49 for the first time in more than two and a half years on Friday. The last time...

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Danger As Electrical Product Recalls Ignored

Millions of potentially deadly electrical appliances are sitting in homes around the country despite attempts to recall the products, consumers are being warned. The Electrical Safety Council (ESC) says one person is killed every seven days by an electrical...

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Food Firms Told To Cut Salt In Popular Dishes

Food companies will be asked to put less salt in popular dishes such as sandwiches and chips as part of a new government drive. The campaign aims to reduce people's salt consumption by a quarter, reducing their daily intake from an 8.1g a-day average...

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'Mummy Tax': Benefit Changes Criticised

By Tadhg Enright, Business Correspondent The new Archbishop of Canterbury has chosen Mother's Day to fire a warning to the Government over planned cuts to welfare. In his first significant intervention since being appointed, the Most Rev Justin...

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Coalition Seeks To Deliver Posties’ Share Plan

The Government is accelerating plans to privatise Royal Mail by canvassing external advisers to run a share scheme that will give the postal operator's 145,000 employees a stake in the company. I have learnt that ministers at the Department for Business,...

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Apprenticeships: Cameron's Pledge On Training

David Cameron will today pledge to make it the "new norm" for school leavers to take an apprenticeship or go to university. The Prime Minster wants the country to follow Germany's lead where work-based training sits alongside higher education as the...

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US Boom: Jobs Jump By 236,000 In February

The number of people hired in the United States by non-farm employers jumped by 236,000 in February, exceeding expectations. The unemployment rate also dropped to 7.7% from 7.9% in January, the lowest level since December 2008. The Obama administration...

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Vince Cable: Tories Waging 'Economic Jihad'

Vince Cable has accused right-wing Conservatives of waging "idealogical jihad" on public spending and warned that the Liberal Democrats would block efforts to implement some cuts. Speaking at a fringe event on the eve of the party's spring conference...

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'Mummy Tax': Cameron Under Fire Over Cuts

Archbishop Warns On Benefit Cuts Updated: 4:43am UK, Sunday 10 March 2013 The Archbishop of Canterbury has warned the Government that "children and families will pay the price" for cuts to the benefits system. In his first significant criticism of...

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