Tube Strike: Shoppers Face Boxing Day Delays

London Underground drivers have gone on strike on Boxing Day for the third consecutive year, causing major disruptions to Christmas bargain-hunters and visitors to the capital. The train drivers' union Aslef stopped work today for the first of three...

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UK Economic Growth Less Than Expected

Britain's growth figure for the third quarter has been revised to 0.9% by the Office for National Statistics. That is down from their previous estimate of 1%. Britain's dominant services sector posted meagre growth in October, adding to the challenge...

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Banks Face Break-Up Over Risky Trading

By Poppy Trowbridge, Business and Economics Correspondent British banks face break-up if they fail to follow new rules protecting high street operations from riskier trading. The Parliamentary Commission on Banking Standards has published a report...

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BT Slapped With £95m Refund Bill

BT has been told it must repay almost £95m to corporate customers following a row over high speed data provision. The regulator Ofcom ruled the company had overcharged for Ethernet services and must hand back £94.8m to communication providers BSkyB...

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BAE Systems Strikes £2.5bn Deal With Oman

By Alistair Bunkall, Defence Correspondent A deal worth £2.5bn has been completed between British defence manufacturer BAE Systems and Oman. It will see BAE provide the Gulf state with 12 Eurofighter Typhoon aircraft and eight Hawk training jets....

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House Prices Predicted To Edge Down In 2013

House prices across the country will fall by 1% during 2013 as the London market shows signs of cooling, property analysts have said. Prices fell 0.1% month-on-month in December, marking the sixth month in a row that this has happened, and average prices...

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Belgian Chocolate: Is Its Reputation Melting?

By Robert Nisbet, Europe Correspondent Belgium's reputation as the world's chocolate capital could be melting as emerging markets develop a sweet tooth and the recession continues to bite. The region became the base for the industry shortly after...

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Steve Jobs' Yacht Row Settled With Payout

Steve Jobs' yacht is free to set sail after the late Apple co-founder's estate paid a deposit to resolve a dispute with the designer. The boat, which reportedly cost more than £80m to build, was impounded after Philippe Starck said Mr Jobs' estate still...

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Pop-Up Shops Benefit From Empty High Street

By Lisa Dowd, Midlands Correspondent With 20 shops closing every day on Britain's high streets, some premises are being temporarily rented out for as little as £1 a week to pop-up businesses. One in six premises now stands empty compared with one...

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Boxing Day Sales: Bargain Hunters Hit Shops

Britain's shops look set for a bumper Boxing Day of profits as bargain hunters go on a predicted £3bn spending spree at the sales. People queued overnight in London's Oxford Street in preparation for stores opening this morning, with thousands pouring...

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