Markets & economy

UK company profits plunged 30% in 2012

Tuesday, 04 June 2013 | News

The UK's biggest companies may continue to struggle to increase their sales this year, although profits should improve following a disastrous 2012, a new report highlights.

What does the fall in inflation mean for the economy?

Tuesday, 21 May 2013 | News

Inflation, as measured by the Consumer Prices Index (CPI), dropped to a seven-month low of 2.4% in April, providing significant relief...

Good news for savers as inflation falls

Tuesday, 21 May 2013 | News

Britain's beleaguered savers and pensioners were today handed a lifeline with the news that inflation fell from 2.8% to 2.4% in April 2013, thanks mainly to lower petrol prices and lower air fares.

Morrisons to launch online food service with Ocado

Friday, 17 May 2013 | News

Morrison Supermarkets is to launch an online food operation with Ocado Group to commence grocery deliveries to customers by January 2014.

Shell and BP under investigation for price collusion

Wednesday, 15 May 2013 | News

Royal Dutch Shell and BP are under investigation for colluding to rig oil prices for more than a decade.

Inflation stalls at 2.8%

Wednesday, 08 May 2013 | Article

Savers continue to despair as the Consumer Prices Index remains stubbornly above the government's 2% target for inflation.

UK avoids triple-dip recession

Wednesday, 08 May 2013 | Article

EU proposes help for consumers to switch bank accounts

Wednesday, 08 May 2013 | Article

The proposal, which could become law in the European Union in three years, requires banks to shoulder the administrative burden when clients switch accounts, such as transferring direct debits.

Vodafone faces choice over Verizon windfall

Wednesday, 08 May 2013 | Article

Ever since 24 April, when Reuters reported Verizon was preparing a possible offer of $100 billion (£64.5 billion) for Vodafone's stake, analysts have said a sale of the Verizon Wireless stake to Verizon would be advantageous...