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Latest Business News
October UK retail sales fall 0.1%
Sales on the UK's high streets fell by a lower-than-expected 0.1% in October, Office for National Statistics figures show.
Rolls-Royce plans 2,000 job cuts
Aircraft engine maker Rolls-Royce says it plans to cut between 1,500 and 2,000 jobs in 2009, including 140 in the UK.
Recession fears hit stock markets
European and Asian markets fall sharply amid growing concerns that the world economy will enter a protracted slump.
October mortgage lending picks up
Mortgage lending rose by nearly 7% between September and October, figures from the Council of Mortgage Lenders show.
Peugeot Citroen cuts 2,700 jobs
French car company Peugeot Citroen announces plans to shed 2,700 jobs because of falling demand in Europe.