Aer Lingus cool on Ryanair offer

Shareholders in Irish flag carrier Aer Lingus show little appetite for a Ryanair takeover.

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Job demand falls at record rate

Demand for staff is falling at a record rate, according to a report by Britain's recruiters.

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Alcoa cuts 13,500 workers' jobs

The US aluminium maker Alcoa has said it is cutting 13,500 jobs, or 13% of its workforce, due to the global economic slowdown.

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Full coverage of the UK economy, and tips on surviving the crisis

Tips on surviving the financial crisis, and full coverage of the UK economy

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Loan firm set to cut 1,000 jobs

Sub-prime lender Cattles plans to cut 1,000 jobs, 20% of its workforce, as it seeks to weather the economic downturn.

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M&S to close stores and cut jobs

Marks and Spencer says it plans to close 25 Simply Food stores and two of its regular stores, and cut 1,230 jobs.

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Blacks Leisure in profits alert

Blacks Leisure issues a profits warning after its boardwear business drags down sales in the run-up to Christmas.

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US recession forecast to drag on

The US recession is likely to drag on well into 2009, according to forecasts from the US Federal Reserve.

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Final Woolworths stores close

The remaining 200 Woolworths stores across the UK close their doors after the High Street chain's final day of trading.

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Madoff's million-dollar mailings prompt court outrage

US prosecutors call for Bernard Madoff to be put in prison until his trial after it emerges he sent jewellery and watches to friends and family.

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Dispute hits Europe gas supplies

Exports of Russian gas to Europe via Ukraine stop altogether with both countries accusing each other of turning off the tap.

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Keen interest

The rates roulette for savers and borrowers

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House prices 'fell 15.9% in 2008'

House prices fell by 15.9% last year, according to the latest survey by the Nationwide building society.

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Itching to work

The asylum-seeking accountant living on £35 a week

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Layoff payoff

The financial costs of making redundancies

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India IT boss quits over scandal

The boss of Satyam, India's fourth-biggest software firm, resigns after admitting to irregularities in its accounts.

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UK car sales fall to 12-year-low

UK car sales in 2008 are 11.3% lower than they had been in 2007, following a 21.2% drop in December.

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Seaside mission

Grand but faded, Blackpool strives to revive its fortunes

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Bank of America in Chinese sale

Bank of America is to sell a stake in China Construction Bank, in an move that could raise $3bn, the Chinese bank says.

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Vintage vinyl

The 7 inch single is still making music after 60 years

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Sales fall at Next and Debenhams

Next and Debenhams see sales fall over the Christmas period, as a survey puts UK consumer confidence at a new low.

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German billionaire kills himself

German billionaire Adolf Merckle commits suicide after his business empire runs into trouble in the global economic slowdown.

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Record high for videogaming sales

Sales of videogame software and hardware in the UK hit an all time high, figures from the industry trade body show.

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Gas dispute

How dependent is Europe on Russian gas?

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Watchdog bans British Gas adverts

Adverts for British Gas's home maintenance service are banned by a watchdog after being branded "misleading".

news.bbc.co.uk

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Business > Wholesale Trade