Business

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Business News

Lloyd Blankfein, the chief executive of Goldman Sachs, said the decision to not award bonuses 'was in the public's and shareholders' best interests'

No cash bonuses for top Goldman staff

The US investment bank Goldman Sachs says its 30 top managers will receive no cash bonuses this year.

Inside Business News

£2,400: the bill every family will pay

Friday, 11 December 2009

The true extent of the financial pain that will be felt by households and public services over the next few years was laid bare yesterday by the Institute for Fiscal Studies.

Gilts slip as fears of credit downgrade for UK grow

Friday, 11 December 2009

Yields rise sharply across government bond market City complains about lack of PBR clarity

Shell wins historic Iraq oil contract  new

Friday, 11 December 2009

Royal Dutch Shell today landed one of only two deals in the latest auction of Iraqi oil assets.

Oil prices sends manufacturing costs up

Friday, 11 December 2009

Manufacturing input costs are rising at the fastest annual rate for a year due to higher oil prices, official figures showed today.

Britons may be £1.45trn in debt but they are worth £9trn, says ONS study

Friday, 11 December 2009

Data from new research reveals huge North-South divide in household wealth

Royal Mail posts profits rise but pension plan still to be delivered

Friday, 11 December 2009

Volumes continue to fall, with strikes only on hold

Sports Direct bets on World Cup boost for sale of England shirts

Friday, 11 December 2009

Sportswear retailer raises forecasts despite tough times for the high street

Unilever suspends purchase of palm oil

Friday, 11 December 2009

Consumer goods giant Unilever today announced it was suspending purchases of palm oil from a major Indonesian supplier, following allegations by environmentalists the company was engaged in widespread illegal deforestation.

JJB hires new chief executive from Currys owner

Friday, 11 December 2009

JJB Sports took another major step along its road to recovery by hiring Keith Jones, the current retail director at Currys owner DSGi, as chief executive yesterday. The sports equipment retailer said Mr Jones, who has been at the electricals group for the past 10 years, will join no later than 1 March.

HMV mulls making a move on Mama Group

Friday, 11 December 2009

The music and video games retailer HMV last night bought an 8.2 per cent stake in Mama, the live music and management group which runs venues including London's Hammersmith Apollo, Jazz Café and Heaven.

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