UK Business News

CBI says more jobs pain is on the way in 2010

UK’s biggest employers’ group warns that, although the recession has ended, there is no sign of clear driver of growth

Takeover bid by Sports Direct 'broke City rules'

The complaint by Blacks Leisure exposes Mike Ashley to yet more regulatory scrutiny from the Financial Services Authority

• SFO to investigate Kaupthing for fraud

• JJB Sports turns to DSG for its new chief

Search for Flyglobespan cash at credit house

Administrator for collapsed airline to meet payment processor to demand some of the £35m in fares taken but not passed on

Decision day for BAA on airports sale

Appeal Tribunal to rule whether Competition Commission was right to demand monopoly in London and Scotland be broken up

World Business News

HSBC sells off Paris offices for €400 million

The bank's property disposal follows the recent sale of its Canary Wharf headquarters, and its New York offices

Spyker in 11th-hour offer to buy Saab from GM

Dutch sports car producer plays cards close to its chest over new proposal to acquire Swedish carmaker

• Saab's US owner 'failed to make brand fly'

• Sad end to love affair with Swedish model

BP to challenge $100m ruling in Texas

Oil group says that it is 'shocked and outraged' by court ruling in favour of ten workers after refinery incident

• BP fined $87m for Texas safety lapses

• BP trial begins over fatal Texas City blast

Citadel broadcasting group goes into Chapter 11

Much of Citadel’s debt burden stems from its $2.7 billion purchase of ABC Radio from Walt Disney in 2007

Analysis

Heed the great stabiliser’s words

Paul Volcker, who advises Barack Obama, wants a return to Glass-Steagall rules. He is right

• William Rees-Mogg

Selling a low-carbon life just got harder

With no global deal, the Government lacks the cover to enforce controversial, but vital change

• Jonathon Porritt

Where was the Dunkirk spirit in the tunnel?

A miserable failure for Eurostar

Law  

Law Society starts action over costs

The society has accused the Government of power misuse by preventing acquitted defendants from recouping costs

Lawyers grow rich on NHS negligence

The rise of no-win, no-fee actions has been blamed for more payouts ending up in the pockets of claimants’ representatives

• Loopholes skew system

• Lawyers get more than victims in NHS compensation scandal

BBC settles Trafigura case with £25,000 damages

The oil-trading company accepted the settlement over claims it caused deaths, miscarriages and sickness in Ivory Coast

Money  

Outside bets to beat the market

Experts are almost unanimous that the sweet spot for shares will be driven by strong growth in developing markets in 2010

• Where next for the stock market lost decade?

• Top investment themes for the next 10 years

First Capital Connect wins Scrooge of the Year 2009

Alistair Darling, MPs and British Airways also won a lot of your votes

• Rail nightmare for Gatwick and Luton

• Flight prices still soar over BA strike fears

Which supermarket has the best-value Christmas shopping?

From the turkey to the mince pies, it pays to shop around. Times Money visited five stores to find the top deals.

business travel  

Eurostar services 'to operate normally' this weekend despite strike

Journeys on Friday and Saturday should not be disrupted despite union action over expenses

Hilton hikes Hhonors points for free nights

Hotel group goes against the recent trend of more generous guest loyalty programmes

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