UK Business News

Tesco fails to increase market share

Doubling Clubcard points costs the retailer an extra £5.5 million a week, but has helped it to retain customers

Airbus order brings in $2bn for Rolls-Royce

Engine manufacturer has won contract worth £1.2 billion after United Airlines placed its first new aircraft order in 12 years

• Gulf Air could cost Rolls-Royce $1.5bn

• Airbus faces call to ground long-range fleet

Inquiry to ask whether banks are too big to fail

Treasury Select Committee will investigate whether lenders should be forced to ring-fence riskier parts of their business

• ANALYSIS: expect a points win

• Treasury rift with Bank deepens over secret loan

Government plans to exploit North Sea coal

Underground Coal Gasification process could be used to generate energy with mineral from beneath the North Sea

World Business News

Ex-Fed chief tells bankers to 'wake up'

Paul Volcker questions claims by senior figures in the financial world that they have orchestrated innovation

Japan revises GDP downwards

New figures reveal spectacular misreading of corporate investment, which shrank rather than grew between July and September

• Japan worries about dark side of growth

• Japan heads for financial horror story

Morgan Stanley in leadership reshuffle

The incoming chief executive has promoted Ruth Porat to become the bank’s first female chief financial officer

• John Mack to quit as Morgan Stanley chief

• Barclays boss 'not interested' in role as Morgan chief

Obama unveils $200bn new deal for unemployed

Economy remains dominant issue among voters as Obama and his Democratic Party head into 2010 mid-term elections

Analysis

Shareholders have to get out and vote

The increasing importance of hedge funds means the rules governing shareholder democracy may need to be re-examined

Clean-thinking America makes dash for gas

Power generators, oil refiners, chemical manufacturers and cement makers have been warned: the EPA will hunt you down

Tempus: Northgate may be on the road to recovery

Britain’s biggest white van rental group have had three profit warnings in a year, a rights issue and a debt restructuring

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