UK Business News

Sports Direct raises profit forecast

Britain's largest sports retailer upgrades annual forecast, paving the way for bumper share bonuses for staff

Tesco joins iPhone price war

Supermarkets retailer makes phone available on a £20-a-month contract, undercutting rivals for Christmas rush

• Smartphone sales boost long-term contracts

• PayPal copies Apple’s iPhone recipe

MPs condemn Revenue for poor tax collection

Organisational failures and outdated systems mean HM Revenue & Customs will fail to collect £11.2bn

• VIDEO: GRAPHIC: Failing to net taxes

• Revenue review of 4,000 smuggling cases

Lord Burns left Welsh Water over 'corruption'

Chairman left utility because he was 'appalled and disgusted' by details emerging from continuing inquiry into the company

World Business News

Dubai markets continue downward spiral

Government intervention to scrap a planned property group merger fails to stop confidence from dropping

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

• Lenihan grasps tail of bloodied Celtic Tiger

• Here's how you do a budget

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

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 - David Wighton

That career break could last too long

Sabbaticals might be in vogue but if you reckon you won't miss the company, perhaps the company won't miss you - Sathnam Sanghera

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 - Nick Hasell

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  

Q&A: what the PBR means for you

Who is being forced to pay? What will the PBR mean for housing market? Is there good news for my family?

• Analysis: PBR was a holding operation

• PBR - bank supertax and public sector pay cap

Fresh delay for Personal Accounts

Chancellor extends roll-out period for Government's pensions flagship

• Pre-Budget Report checklist: what to expect

• Pensions timetable: Government under fire

We lost our dream home

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

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