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BBC Business News

 

BBC News - Business

The latest stories from the Business section of the BBC News web site.

MPs call for energy switch 'refunds'
Energy price comparison sites should compensate customers who changed to tariffs that may not have been the cheapest deals, MPs say.

First-time buyers get 20% discount
First-time home buyers aged under 40 in England can now register to buy new homes at a discount of up to a fifth off the normal price.

Lloyds to resume dividend payments
Lloyds Banking Group confirms that it will resume paying dividends to shareholders for the first time since the financial crisis in 2008.

Wide gap in regional house prices
The gap between the most expensive and cheapest regional average house prices in England and Wales is more than £350,000, figures show.

Putin cuts staff's salaries by 10%
Russia's president says he is cutting the salaries of his staff by 10%, as Russia's finances are hit by low oil prices and Western sanctions.

India budget to boost investment
Indian PM Narendra Modi's government unveils a business-friendly budget aimed at attracting greater investment for the economy.

Passport website sues its customers
An unofficial passport website has sued more than 150 of its own customers after they tried to cancel or refused to pay believing they had been misled.

VW faces challenges as profits jump
Volkswagen reports a sharp jump in annual profits as revenue hits €200bn, but warns of tough market conditions this year.

New rail bidders 'must scrap Pacers'
Companies wanting to run rail franchises in the north of England must scrap Pacer trains, the Department of Transport confirms.

US growth revised down to 2.2%
The slowdown in the US economy at the end of last year was more pronounced than previously thought, official figures show.

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