Financial News
Writing off tax is 'unaffordable'
(source: BBC News, Wed, 08 Sep 2010 12:45:37 GMT)
The country "cannot afford" to write-off underpayments of income tax caused by problems with the calculation system, a minister says.
Lycatel to make adverts clearer
(source: BBC News, Wed, 08 Sep 2010 11:58:13 GMT)
Phone card firm Lycatel agrees to make its charges much clearer in its adverts for international phone cards
Government backs 'super sewer'
(source: BBC News, Wed, 08 Sep 2010 11:38:44 GMT)
The government gives its backing to a plan to build a £3.6 billion tunnel to stop raw sewage polluting the River Thames.
Greece economy contracts by 1.8%
(source: BBC News, Wed, 08 Sep 2010 11:35:30 GMT)
The debt-laden Greek economy shrank by a surprise 1.8% in the second quarter as households slashed spending.
Vodafone to pay India $2.6bn tax
(source: BBC News, Wed, 08 Sep 2010 10:59:42 GMT)
An Indian court tells Vodafone it has to pay $2.6bn in tax for its takeover of Hutchison Telecom's Indian phone assets.
Obama backs company tax breaks
(source: BBC News, Wed, 08 Sep 2010 10:57:42 GMT)
President Barack Obama is backing new company tax breaks in an attempt to regain the initiative as mid-term polls loom
UK factory output rises by 0.3%
(source: BBC News, Wed, 08 Sep 2010 09:45:22 GMT)
UK manufacturing output rises 0.3% in July from the month earlier, thanks to increased output in the machinery sector.
Dana says Korean bid 18% too low
(source: BBC News, Wed, 08 Sep 2010 09:32:44 GMT)
Dana Petroleum tells shareholders independent valuers found Korean oil's bid is too low and should be rejected.
BP to release oil spill report
(source: BBC News, Wed, 08 Sep 2010 09:00:43 GMT)
BP is to release an internal investigation into the oil spill in the Gulf of Mexico, the worst ecological catastrophe in recent US history.
Winding up
(source: BBC News, Wed, 08 Sep 2010 08:48:30 GMT)
Regional Development Agency on its way out
Cable concerned over stability of banks
(source: BBC News, Wed, 08 Sep 2010 08:38:03 GMT)
The Business Secretary, Vince Cable, has expressed concern about the appointment of the investment banker, Bob Diamond, as the new chief executive of Barclays.
Maurice Saatchi: No Mad Man
(source: BBC News, Wed, 08 Sep 2010 08:37:03 GMT)
Maurice Saatchi: "We had a romantic belief that it was possible for individuals to change the world by an act of will - a flat refusal to accept the status quo."