News

The US economy continued to grow in the final quarter of the year, expanding at an annual rate of 3.2 per cent, according to the Bureau of Economic Analysis.

Npower's owner slashes jobs while British Gas owner warns on profits

The German owner of British power giant Npower is slashing one in 10 jobs across Europe by 2016 as part of a fresh wave of "efficiency measures", although it refused to be drawn on how many UK employees could be pushed out of work.

The Business Matrix: Saturday 9 November 2013

Shares in Merlin prove to be magic

Bitcoin theft in excess of $1m hits one of the service's 'most secure' banks

The operator of Inputs.io has reported a hack that lost customers 4,100 BTC

Divi pledge puffs Imperial Tobacco

Imperial Tobacco shares rose 3 per cent yesterday despite the maker of JPS, Davidoff and Lambert & Butler cigarettes saying it expected only modest growth in earnings next year.

ENRC affair spurs aid for minority investors

Investors with minority holdings in London-listed companies have been empowered by a new set of rules from the City regulator.

Hamish McRae: With political calamities piling up, why are markets so keen on the US?

There is one concern that even optimists need to acknowledge. The US may, indeed, default

James Moore: Commission drops the ball on auditor rotation

Outlook One aspect where lots of companies could do with improving their housekeeping is in the rotation of auditors.

Mark Carney in 'false dawn' warning

The Bank of England's Governor, Mark Carney, defended his flagship forward guidance policy yesterday and said the Bank's job was to prevent the recovery turning into another "false dawn".

Why Matt Lucas is laughing all the way to the bank

The "Little Britain" comic Matt Lucas has become the latest TV star to make a fortune by selling a major stake in his production firm.

Jamie Spencer rides The Lark to victory on a day marred by Hayley Turner’s fall

Lark ascent marred by Hayley Turner's fall

The second day of the St Leger Festival at Doncaster was marred when jockey Hayley Turner suffered an horrific fall in the DFS Park Hill Stakes.

SuperGroup fashions a high-speed sales spurt

SuperGroup, the Superdry fashion company, enjoyed its fastest quarter of growth for more than a year in the three months to July as better design and better products fed through to faster sales.

BHP Billiton boss in shares bonanza as profits dive

BHP Billiton’s chief executive Andrew Mackenzie picked up £4.6m in shares yesterday days after its profits slumped by nearly a third.

Warming up nicely: sales rising at Aga in home sales upturn

The upturn in the London and South-East housing market is pushing through to sales of upmarket stoves and cookers, Aga Rangemaster said today.

James Ashton: Rentokil is still not sprung from its trap

Outlook Whenever Rentokil Initial says it is doing better, I smell a rat. This is a company that has flattered to deceive for as long as I have been writing about it. A glance at yesterday's figures shows that underlying revenues are falling, it is enduring tough times in Europe, and it is trying to put in place a more efficient country-by-country operating model. So what's changed?

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House of Lords: Outcry as donors, fixers and MPs caught up in expenses scandal are ennobled

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International Tap Festival comes to the UK

Forget Fred Astaire and Ginger Rogers - this dancing is improvised, spontaneous and rhythmic
War with Isis: Is Turkey's buffer zone in Syria a matter of self-defence – or just anti-Kurd?

Turkey's buffer zone in Syria: self-defence – or just anti-Kurd?

Ankara accused of exacerbating racial division by allowing Turkmen minority to cross the border
Doris Lessing: Acclaimed novelist was kept under MI5 observation for 18 years, newly released papers show

'A subversive brothel keeper and Communist'

Acclaimed novelist Doris Lessing was kept under MI5 observation for 18 years, newly released papers show
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BBC heads to the Californian coast

The Big Blue Live crew is preparing for the first of three episodes on Sunday night, filming from boats, planes and an aquarium studio
Austin Bidwell: The Victorian fraudster who shook the Bank of England with the most daring forgery the world had known

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