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BBC (U.K.) 

Lloyds fined £218m over Libor

Lloyds Banking Group is fined £218m for "serious misconduct" relating to a key interest rate known as Libor.

Bidding starts for fracking licences

The government opens the bidding process for new licences to extract shale gas using the controversial fracking process.

Yukos shareholders win $50bn payout

A court based in The Hague has ordered Russia to pay $50bn (£29.5bn) to former shareholders in the defunct oil producer Yukos.

House price growth 'starts to slow'

Seven out of 10 regions of England and Wales recorded month-on-month falls in house prices in June, according to the Land Registry.

Emirates to stop flying over Iraq

Emirates Airline will stop flying over Iraq to protect its passengers from the threat of Islamic militants on the ground, according to reports.

'Community banks' to avert debt trap

The best credit unions should be empowered to offer short-term loans that are cheaper than those offered by payday lenders, according to a report from a think tank.

Rise in younger fraudsters says KPMG

Frauds committed by those aged 26-35 rise 285% in the first half of the year, to just over £62m, according to research by accountants KPMG.

Profit warnings 'at three-year high'

Profit warnings from UK companies have hit a three-year high despite the continuing recovery in the wider economy, a report finds.

Ryanair raises profit forecasts

Budget airline Ryanair has raised its annual profit forecast after seeing a sharp rise in earnings for the three months to June.

RAC urges parking funds transparency

Councils should show where they are spending the money they raise on parking fees as motorists see higher charges, says the RAC.

Banks named in silver-fix lawsuit

Deutsche Bank, HSBC and Bank of Nova Scotia are accused of attempting to rig the price of silver, in a lawsuit filed in the US.

English councils propose 'Tesco tax'

A group of local councils in England is formally asking the government for new powers to tax large supermarkets, a plan dubbed the "Tesco tax".

UK economy back at pre-crisis level

The UK economy grew 0.8% in the second quarter and has now recovered the ground lost since the downturn began in 2008, according to official figures.

RBS shares surge on surprise profit

Shares in Royal Bank of Scotland have jumped 11% after it said it expects pre-tax profits to double to £2.65bn for the first half of the year.

US firm withdraws Mothercare offer

US retailer Destination Maternity withdraws a takeover offer for Mothercare, saying it was clear shareholders wanted a "significant increase" in the offer.

BSkyB pays £5bn to create Sky Europe

BSkyB wants to take over Rupert Murdoch's pay TV companies in Germany and Italy in a move that would create a company with 20 million European viewers.

Coach firm collapse affects hundreds

A travel company goes into administration with the loss of 89 jobs and a knock-on effect on hundreds of customer bookings.

Grouse off the shelves at M&S

Marks and Spencer says it will not be selling red grouse this year after concerns about the way in which the game birds are killed.

'Youngsters' pocket money squeezed'

The economic recovery in the UK has not been felt by youngsters who have seen their pocket money fall in the last year, a survey suggests.

Disabled face 'living costs penalty'

People with disabilities face a "premium" of £550 a month owing to extra transport, insurance and living costs, a charity has claimed, prompting a commission to be launched.

Register 'fails to stop cold calls'

Only a third of "nuisance" calls are blocked by a service that allows individuals to opt-out of marketing calls, research has found.

'Act now' on tax credit renewal

Hundreds of thousands of people have a week to renew their tax credits or face losing the payments, HM Revenue and Customs says.

Russia's surprise interest rate rise

Russia's central bank has unexpectedly said it will raise its key bank interest rate over concerns about inflation and "geopolitical tension".

IMF lowers global growth forecast

The International Monetary Fund (IMF) has lowered its forecast for global economic growth this year, from 3.7% to 3.4% but the UK's forecast is raised.

Obama urges action over tax scheme

US President Barack Obama urges lawmakers to end a tax loophole that allows US companies to avoid paying US corporate taxes.

The rise of solo dining

With a growing number of people going out for meals on their own, restaurants are increasingly seeking to appeal more to solo diners, reports Barbara Balfour.

A company born out of frustration

Easy Taxi founder Tallis Gomes explains how the difficulties of hailing a cab in Rio de Janeiro led him to create his smartphone app.

From an orphanage to entrepreneur

How Jason Wolfe went from growing up in an orphanage to becoming the boss of GiftCards.com - the biggest gift card exchange on the web.

Labour considers sport betting levy

A betting levy to help fund community facilities and treat gambling addiction is among proposals considered by Labour in a "long-term innovative plan for sport".

Real Madrid 'most valuable team'

Real Madrid has topped an annual Forbes list of the world's most valuable sports teams.


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