Category: News Wire

Spain is ready to request a eurozone bailout for its public finances as early as next weekend but Germany has signalled that it should hold off, European officials said.

Cheques should be axed as one of a set of moves to tackle an “endemic” culture of late payment among businesses, according to the British Chambers of Commerce.

Young entrepreneurs will be able to borrow up to £10,000 to get their fledgling ventures off the ground through a government scheme from next week.

Almost 40,000 jobs have already been lost in the retail industry this year and shops are facing a new “perfect storm” as they prepare to pay millions of pounds to landlords on Saturday for September’s quarterly rent day.

Two G4S directors have resigned after the company announced the findings of a review into its Olympic Games contract.

In many of history’s most successful economic reforms, clever countries have learned from the policy successes of others, adapting them to local conditions

The Chancellor should rip up his fiscal rulebook and replace his “problematic” debt reduction target, the country’s leading public finance think-tank has said.

The organisation that sets the Libor inter-bank rate has said it could give up that responsibility, if required.

Lloyds Banking Group is set to be the biggest beneficiary of the Bank of England’s attempts to push at least £60bn of cheap loans through to households and small businesses.

Sir James Dyson has called on the Government to simplify the patent system so small businesses can afford to protect their designs.

Britain’s Business Bank will be “fast-tracked” into existence as an “emergency” Government measure, Danny Alexander has promised.

Business Secretary Vince Cable on Monday lambasted those who wanted a major relaxation of employment laws as “head bangers”, who “seem to find sacking people an aphrodisiac”.

Sir Mervyn King has cleared the way for the Chancellor to ditch one of his cast-iron fiscal rules and miss his target to get the national debt under control by 2016.

The UK’s financial regulator has said it warned Barclays two years ago that Bob Diamond could prove unsuitable to become chief executive of the bank.

Bristol is launching its own currency, the Bristol Pound, with hundreds of businesses already signed up to use the currency designed to keep local wealth in local pockets.