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BBC Business News

 

BBC News - Business

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

Sainsbury's hit by falling food prices
Sainsbury's reports a fall in annual underlying profits as the supermarket price war continues to hurt the retailer.

Wonga sees losses double in 2015
The UK's biggest payday lender - Wonga - saw its losses double last year as tougher regulation in the industry continued to bite.

Next cuts sales and profit forecast
Retailer Next warns that its sales and profits could be lower than previously forecast as it remains worried about a slowdown in consumer spending.

EU upholds tough rules on tobacco packs
Rules that will drastically alter cigarette packaging are set to be adopted, after big tobacco firms failed to block new European Union laws.

Apple must share 'iPhone' name in China
A Chinese company is free to use the name "iPhone" on its handbags and leather goods after Apple loses a trademark court ruling in China.

Call to stop council tax bailiffs
Vulnerable residents with council tax debts should be given breathing space to repay arrears rather than face the threat of bailiffs, two charities say.

Shell cuts spending as profits fall
Royal Dutch Shell says it will cut its spending by another 10% this year after warning lower oil prices will continue to affect its business.

Scam protection 'duty of businesses'
Businesses should take more responsibility to ensure their customers do not become victims of scams, according to a consumer group.

Broadband ads 'mislead and must change'
The Advertising Standards Authority rules that broadband ads need to be clearer, following evidence the public do not understand current ones.

Mining shares drag FTSE 100 lower
London's top share index opens lower, with mining and supermarket shares among the biggest fallers.

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