News

Inflation across the single currency bloc fell to 0.7% in January moving closer to deflationary territory

Passengers stand in line to check in baggage at Heathrow

Heathrow hits out as Civil Aviation Authority seeks 1.5% fall in landing fees

Heathrow condemned “draconian” price cuts ordered by the airport regulator on Friday, which will mean lower fares for passengers, and threatened to cut investment at the UK’s biggest airport as a result.

Bill Grimsey to advise Labour over high streets and business rates

The former chief executive of Wickes and Iceland Bill Grimsey has been made an adviser to the Labour party and will help draw up the opposition’s strategy over business rates for small businesses – one of the hottest topics for retailers.

The Business Matrix: Friday 10 January 2014

Serco to run Boris bikes in London

Chinese inflation hits 7-month low in December

Chinese inflation fell to its lowest level in seven months in December, catching analysts off-guard and easing fears a new squeeze in monetary policy in the world’s second-largest economy.

George Osborne has cautioned against 'self-defeating' minimum wage increases

George Osborne cautious over 50p minimum wage increase

Chancellor says he wants to see low-paid workers' earnings rising, but not at the cost of jobs

Governor of the Bank of England Mark Carney

Bank of England to hold interest rates at record lows

The Bank of England will hold interest rates at record lows once more today, amid speculation it will have to change the threshold for considering a hike in the cost of borrowing within months.

Sales on Oxford Street in the run-up to Christmas reveal retailers' worries

Shop inflation hits record low after Christmas discounts

Shop prices fell at their fastest rate on record in December, in a sign of intense competition on the high street over the crucial Christmas trading period.

Chancellor George Osborne. According to opinion polls, only 16 per cent of low paid voters think that the Conservative Party is on their side

Lib Dems accuse Tories of 'stealing' their policy as George Osborne prepares to approve above-inflation rise in minimum wage

The Conservatives opposed Labour's decision to bring in the minimum wage in 1999, predicting wrongly that it could cost two million jobs

Eurozone inflation drop prompts fears of deflation

The threat of deflation in the eurozone was back on the radar of the European Central Bank after figures showed a surprise slowdown in the cost of living to 0.8 per cent in December.

UK economy strengthens as services exports leap

It's a fantastic start to the new year and confidence is high, says British Chambers of Commerce

David Cameron sidestepped awkward questions on pensioner benefits on ‘The Andrew Marr Show’

Pensioner perks under threat after next election, David Cameron admits

PM hints that wealthy retirees could lose benefits if Tories win next election, as he sets out key policies for manifesto

The Week Ahead: Tesco and M&S are expected to confirm more cracks in their foundations

Shareholders in Caledonia Investments will be looking for signs that the group can make it 47 years of successive annual dividend pay-outs in its third-quarter results today.

Fed chairman Ben Bernanke's policy might not be cost-free

If the US rises from its economic sick bed, the world will follow

A week in Washington has convinced me that the economy there has turned the corner. Interest rates are rising, which means that ours will surely follow

George Osborne has been accused of burying a 'stealth cut' in the Autumn statement

George Osborne's 'stealth cuts' will force millions to miss economic recovery

More than three million low-income families risk missing out on the economic recovery even if wages start to keep pace with inflation, according to an analysis for The Independent.

A train passes Battersea power station en route to London Victoria. Unlike on the Continent, only 58 per cent of UK railway running costs come from fares

Steamed up over rising train fares? Don't be, because the networks need the money

In this provocative essay, one railway enthusiast explains why our network is better – and better value – than ever

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Prices correct as of 26 September 2014
Ebola outbreak: The children orphaned by the virus – then rejected by surviving relatives over fear of infection

The children orphaned by Ebola...

... then rejected by surviving relatives over fear of infection
Pride: Are censors pandering to homophobia?

Are censors pandering to homophobia?

US film censors have ruled 'Pride' unfit for under-16s, though it contains no sex or violence
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Notes to self: Why do we like making lists?

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Hong Kong protests: A good time to open a new restaurant?

A good time to open a new restaurant in Hong Kong?

As pro-democracy demonstrators hold firm, chef Rowley Leigh, who's in the city to open a new restaurant, says you couldn't hope to meet a nicer bunch
Paris Fashion Week: Karl Lagerfeld leads a feminist riot on 'Boulevard Chanel'

Paris Fashion Week

Lagerfeld leads a feminist riot on 'Boulevard Chanel'
Bruce Chatwin's Wales: One of the finest one-day walks in Britain

Simon Calder discovers Bruce Chatwin's Wales

One of the finest one-day walks you could hope for - in Britain
10 best children's nightwear

10 best children's nightwear

Make sure the kids stay cosy on cooler autumn nights in this selection of pjs, onesies and nighties
Manchester City vs Roma: Five things we learnt from City’s draw at the Etihad

Manchester City vs Roma

Five things we learnt from City’s Champions League draw at the Etihad
Martin Hardy: Mike Ashley must act now and end the Alan Pardew reign

Trouble on the Tyne

Ashley must act now and end Pardew's reign at Newcastle, says Martin Hardy
Isis is an hour from Baghdad, the Iraq army has little chance against it, and air strikes won't help

Isis an hour away from Baghdad -

and with no sign of Iraq army being able to make a successful counter-attack
Turner Prize 2014 is frustratingly timid

Turner Prize 2014 is frustratingly timid

The exhibition nods to rich and potentially brilliant ideas, but steps back
Last chance to see: Half the world’s animals have disappeared over the last 40 years

Last chance to see...

The Earth’s animal wildlife population has halved in 40 years
So here's why teenagers are always grumpy - and it's not what you think

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Early school hours mess with their biological clocks
Why can no one stop hackers putting celebrities' private photos online?

Hacked photos: the third wave

Why can no one stop hackers putting celebrities' private photos online?