News

BBC News - Business

Six million facing new tax bills - (Sat, 04 Sep 2010 17:40:43 GMT)
HM Revenue and Customs says some 1.4 million people each owe about £1,500 in tax, while 4.3 million will get an average rebate of £418. Full Story...
UN calls special food price talks - (Fri, 03 Sep 2010 16:40:42 GMT)
The United Nations' food agency calls a special meeting of policy makers to discuss the recent rapid rises in food prices. Full Story...
HSBC threatens to quit London HQ - (Fri, 03 Sep 2010 17:19:19 GMT)
HSBC may quit its London headquarters if the UK government decides to break up big banks, a senior executive says. Full Story...
Petrobras files $65bn share offer - (Fri, 03 Sep 2010 20:12:33 GMT)
The Brazilian state oil company, Petrobras, unveils plans to sell up to $64.5bn of new stock, in one of the world's largest share offers. Full Story...
BP says oil spill cost up to $8bn - (Fri, 03 Sep 2010 14:28:42 GMT)
BP says the cost of its Gulf of Mexico oil spill has risen to $8bn - a rise of more than $2bn in the last month alone. Full Story...

Halifax denies 81 year old woman access to her account for three months - (Sat, 04 Sep 2010 00:01:00 +0100)
After removing the wrong name from an elderly couple's account, Halifax said it could not correct the error because 'the department handling the matter was closing'. Full Story...
Mortgages: cut out the middle man for the best rates - (Sat, 04 Sep 2010 00:01:00 +0100)
Increasingly, high street banks are not only by-passing brokers – the only place a potential homebuyer can get truly impartial advice on a home loan – but they are restricting their best offers to existing customers. Full Story...
Saturday Papers: tips and comment - (Sat, 04 Sep 2010 00:01:00 +0100)
Best police against frauds are employees - 40% of detections come from tip-offs. Full Story...
Saturday Papers: US jobs data allay double dip concerns - other news - (Sat, 04 Sep 2010 00:01:00 +0100)
The private sector had created 235,000 jobs in the past three months. Full Story...
Saturday Papers: Beijing eyes counterbid for PotashCorp - bid news and gossip - (Sat, 04 Sep 2010 00:01:00 +0100)
The Chinese government has backed Sinochem to trump BHP Billiton’s $39bn hostile offer. Full Story...

Walsh hints at Indian investment after BA and Iberia complete their merger - (Sat, 04 Sep 2010 11:05:05 GMT)
A newly merged British Airways and Iberia would be “very interested” in investing in an Indian airline, BA chief Willie Walsh said on Saturday as he announced a groundbreaking code-share deal with India’s Kingfisher Airlines Full Story...
New homes data spell declining market - (Fri, 03 Sep 2010 21:30:40 GMT)
The recovery in house building appears to have halted as an industry survey, which measures the number of people reserving new homes to buy, dropped to its lowest level on record Full Story...
Beijing eyes counterbid for PotashCorp - (Fri, 03 Sep 2010 18:14:26 GMT)
The Chinese government has backed Sinochem, the state-owned chemicals giant, to pursue a counterbid that could trump BHP Billiton’s $39bn hostile offer for PotashCorp Full Story...
Investors buoyed by better US jobs data - (Fri, 03 Sep 2010 20:34:06 GMT)
Traders are piling into risky bets after a better than expected US labour market report reinforced hopes that the US economy can avoid sliding back into recession. Full Story...
Petrobas prepares to raise up to R$55bn - (Fri, 03 Sep 2010 23:11:10 GMT)
Petrobras, Brazil’s national oil company, is preparing to raise as much as R$55bn from minority shareholders in what would be the world’s biggest share sale Full Story...