UK Business News

Tesco reveals lacklustre 2.8% UK sales rise

Britain's largest supermarket hits analysts' forecasts but the impact of food price inflation is taking its toll

House prices rise on low stock and high demand

Halifax reveals a 1.4% rise in home values has been helped by a shortage of properties on the market

• House prices moderate to 0.5 per cent rise

• House prices surge 1.6% in September

Game sales suffer in supermarket price wars

A lack of blockbuster games and falling console prices leaves the specialist retailer with sales down 15.1%

• The wonder of Woolies lives on

• Game Group counts cost of blockbuster drought

Darling asks foreign banks to help UK firms

Chancellor meets multinationals with big City operations and seeks contributions to fund that will lend to small businesses

World Business News

GM sells Saab production lines to China's BAIC

The US car giant is pushing ahead with last ditch talks to save the brand with two bidders still in the running

Japan injects further £50 billion into economy

The world's second largest economy will release more cash to prop up unemployment following a row within the cabinet

• Japanese Government split on cash injection

• Tokyo warns of double-dip recession

Google includes real-time search results

Search giant announces deals with Facebook and MySpace to include public updates from the social networking sites

• Microsoft brings Google search fight to UK

• Google to offer music downloads

Hong Kong listing delay deals blow to Rusal

The leading aluminium producer will postpone its $2bn IPO until next year after the bourse asked it to meet new conditions

Analysis

Optimists ride on Shanks’s pony

The private equity bid is back — and the waste group is doing a good job trying to push up the price offered by Carlyle

Lenihan grasps tail of bloodied Celtic Tiger

Ireland’s Finance Minister is delivering a budget from a dire position, but this is a crisis that is not being wasted

Tempus: BHP-Rio deal is slow to take off

A $100bn iron ore venture between the world's largest miners has been six months in the making, and is not yet complete

Law  

‘Unmarried couples need new legal rights'

Senior judge now in charge of law reform says change is needed to protect people’s rights when they separate

Legal school 'earned £1m by exploiting bar course'

BPP is under investigation amid claims that it packed in extra students to boost its income by almost £1 million

• BPP agrees £304m US takeover

• BPP receives £300 million takeover approach

Axe may fall on 5,000 more City lawyers

Legal firms will be forced to cut jobs to restore profitability to levels that existed before the financial crisis

Money  

We lost our dream home

Borrowers are continuing to miss out on mortgage deals because of flawed data from credit reference agencies

• Hopes rise of recovery in new build property market

• Developer discounts spark buy-to-let spree

Where next for the stock market lost decade?

Should you be in shares, cash, property or commodities for the next 10 years? We weigh up the arguments for and against

• Top investment themes for the next 10 years

• China: Bolton’s bet for the next decade

Ryanair scraps card perk

The no-frills airline will start charging customers who book flights using a Visa Electron card from January 1

business travel  

Profile: Leisure boss John Morphet

The man who runs the estate where Freddie Flintoff and Wayne Rooney have homes shares his views on business travel

International rail compensation brought into line with air travel

New rules mean cross-border train passengers will get more in the event of delay or cancellation

Rail nightmare for Gatwick and Luton

Industrial action and service restrictions from the £5.5bn Thameslink programme are causing headaches