UK Business News

Stagecoach aims to keep SWT on track

SWT owners move to assure investors that its balance sheet is strong and that it would not have to return the franchise

Britain’s trade deficit widens in October

The economy is widely expected to emerge from the longest recession on record in the fourth quarter

• Pre-Budget Report:
  At-a-glance guide
  

• UK output signals weak start to fourth quarter

Bermuda investor buys Canary Wharf building

The unnamed buyer has bought the 12-floor building built for Bear Stearns, the failed American investment bank, for £208m

Takeover Panel forces Mama bidder to lift bid

It is understood that SMS Finance has been told that its initial bid for the live-music group broke the watchdog's rules

World Business News

Ireland unveils budget cuts of €4bn

The Finance Minister said that the corner had been turned and that people would not suffer such a punishing Budget again

Japanese recovery hopes in tatters

Downward revision of figures is more marked than expected, although some commentators see silver lining

• Tokyo to back business in minerals race

• Japanese economy hit by 'double nightmare'

Aer Lingus suffers double blow in fight for survival

Coyle's exit comes amid wider unrest at the airline, which is considering compulsory redundancies and a fleet reduction

• Aer Lingus may shift some Dublin operations to UK

• Board turbulence returns to easyJet

Emaar pulls out of Dubai Holding rescue merger

The Arab world’s biggest listed property developer backs out as the web of state-backed companies in the emirate unwinds

Analysis

City bamboozled by the bonus tax

Rough justice to be the order of the day as some have their pay packets slashed and others laugh all the way to the bank

Oh no, Mr Darling: you have failed

The Chancellor could have scored a coup had his bank reform been driven by financial logic rather than by headlines

Tempus: Standard can ride out Dubai's storm

Although it is one of the most heavily exposed banks to the region, it is on course for record income and pre-tax profit

Law  

Parents to sue Maclaren over finger amputations

At least 15 British families are to sue pushchair manufacturer claiming its buggies severed children’s fingertips

Case of 'abandoned' boy angers judge

Family judge left with a 'sense of disbelief' after two local authorities distanced themselves from sick boy to save money

• Straw has second thoughts over media coverage

• 'I do not remove a child unless it is the right thing to do'

‘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

Money  

How can I spice up my business?

A foodie couple need a recipe to help them save for the future — and a second honeymoon would be the icing on the cake

• Money MoT: Help me to deal with job insecurity

• Money MoT: How can I ride out the recession?

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

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