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South Korea wins Navy tanker deal

BBC Business News - 1 hour 31 min ago
The Royal Navy selects South Korean firm Daewoo for a £452m deal to build four new fuel tankers.

Peacocks sold but 3,100 jobs lost

BBC Business News - 1 hour 36 min ago
Fashion retailer Peacocks is sold out of administration to Edinburgh Woollen Mill, saving 6,000 jobs, but 3,100 staff will be made redundant.

VIDEO: British shoe company flourishing

BBC Business News - 2 hours 9 min ago
As Budget day looms Steph McGovern asks Peter Taylor the Managing Director of Hotter Shoes, what he would like to see the Chancellor do to help UK PLC.

Nigeria rig 'may burn for months'

BBC Business News - 2 hours 14 min ago
A gas-fuelled fire, with flames as high as 5m, may burn for months in waters off the Niger Delta in south-east Nigeria, a Chevron spokesperson tells the BBC.

AUDIO: Work experience is 'slave labour'

BBC Business News - 2 hours 17 min ago
Estelle Cooch from the Right To Work protest group says the government's work experience scheme is 'slave labour'.

Obama seeks US corporate tax cut

BBC Business News - 2 hours 35 min ago
US President Barack Obama is to propose a cut in corporate tax and an end to tax loopholes, as part of his election-year strategy on the economy.

US turns up heat on China solar subsidies

BBC Business News - 2 hours 38 min ago
China and US in spat over solar subsidies

Hotels chain to create 3,000 jobs

BBC Business News - 2 hours 48 min ago
Intercontinental hotels, which owns the Holiday Inn and Crown Plaza hotel brands, says it will create 3,000 jobs in the UK.

Air Asia hit by high fuel costs

BBC Business News - 2 hours 58 min ago
Malaysian budget airline Air Asia reports a 56% fall in fourth-quarter profit, hurt by higher fuel costs.

Indian call centres 'in US fraud'

BBC Business News - 3 hours 25 min ago
Indian call centres were used to swindle millions of dollars out of Americans in a debt collection fraud, say US federal officials.

Travis Perkins profits jump 37%

BBC Business News - 4 hours 16 min ago
Travis Perkins, the owner of Wickes, reports a jump in profits thanks to a strong performance in the building trade, but warned that the retail DIY market remains tough.

EU court to rule on Acta legality

BBC Business News - 5 hours 38 min ago
A controversial anti-piracy agreement is to be referred to the EU's highest court due to concerns surrounding internet freedoms.

Hungary may lose EU aid over debt

BBC Business News - 6 hours 10 min ago
The European Commission plans to freeze 495m euros of funding for Hungary, lamenting the country's excessive budget deficit.

VIDEO: PPI claim 'a lot of hard work'

BBC Business News - 6 hours 24 min ago
The Financial Services Authority has revealed that compensation to borrowers who were mis-sold Payment Protection Insurance reached nearly £2bn last year.

VIDEO: CBI calls for 'targeted' tax cuts

BBC Business News - 6 hours 29 min ago
The CBI is calling on the government to give a £500m boost to business in the Budget through a series of "targeted and modest" tax cuts.

New targets for tax inspectors

BBC Business News - 6 hours 31 min ago
Tax inspectors will target the motor trade, market stallholders and clothing sellers as they extend their campaign against tax dodgers.

Clarke & IMG settle legal dispute

BBC Business News - 6 hours 56 min ago
England & Wales Cricket Board chairman Giles Clarke and media giant IMG have settled their legal dispute out of court.

Bank members voted for £75bn QE

BBC Business News - 7 hours 44 min ago
Two members of the Bank of England's Monetary Policy Committee wanted more money pumped into the economy, meeting notes reveal.

AUDIO: The economic tide 'is coming in'

BBC Business News - 7 hours 58 min ago
Economist Geoffrey Dicks speaks to the Today programme's Lesley Curwen about the positive indicators of the UK's "real economy".

Eurozone service sector shrinks

BBC Business News - 7 hours 59 min ago
The eurozone's service sector shrinks unexpectedly in February, a survey suggests, increasing fears of a recession.

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