BBC NEWS
BBCi CATEGORIES   TV   RADIO   COMMUNICATE   WHERE I LIVE   INDEX    SEARCH 

BBC News UK Edition
 You are in: Business  
News Front Page
World
UK
England
N Ireland
Scotland
Wales
Politics
Business
Market Data
Your Money
E-Commerce
Economy
Companies
Fact Files
Entertainment
Science/Nature
Technology
Health
Education
-------------
Talking Point
-------------
Country Profiles
In Depth
-------------
Programmes
-------------
BBC Sport
BBC Weather
CBBC News
SERVICES
-------------
EDITIONS
Friday, 7 February, 2003, 02:35 GMT
BUSINESS


Surprise cut in UK interest rates
The Bank of England cuts interest rates by one quarter of a percentage point, taking borrowing costs to their lowest level since 1955.

Teacher in classroom Public sector pay rise expected
Teachers, soldiers and civil servants across the UK find out on Friday whether they will receive an expected 3% pay rise.

Lastminute.com chief operating officer Martha Lane Fox with chief executive Brent Hoberman Lastminute returns to the red
Technology costs and a historically quiet trading period see the iconic e-tailer return to loss, while US-based Expedia sees profits soar.

Abbey National slashes bonuses
The UK's sixth biggest bank cuts payouts on long-term savings policies, with some bonuses scrapped altogether.

SEC tightens rules on analysts
The US stock market watchdog says Wall Street analysts must vouch that the opinions they give in their research are their own.


OTHER TOP BUSINESS STORIES



YOUR MONEY
In full


Retailers accused of 'dubious tactics'
A survey of High Street retailers finds sales staff in fear of the sack willing to exaggerate to sell extended warranties

Stamp price increase approved
Postal regulator Postcomm gives the go-ahead for the price of first and second-class stamps to be raised by one penny.


E-COMMERCE
In full


Future phone networks ready to go
Britain's third-generation mobile phone networks are almost ready to open for business.

Microsoft hits back in mobile row
The software giant rebuffs an allegation that it planned to plunder trade secrets from Britain's Sendo, its former partner in a mobile phone project.


ECONOMY
In full


Oil steadies after Powell speech
The US dollar and oil steady after initial gains following Secretary of State Colin Powell's speech to the UN, while gold retreats.

Venezuela pegs currency to US dollar
Venezuela pegs the bolivar at a rate 17% higher than where it last traded, in an effort to protect its foreign cash reserves.


COMPANIES
In full


French airline bail-out fails
Passengers are stranded as Air Lib's licence to fly expires and talks to save France's second largest airline collapse.

French claim Airbus victory in India
The French Prime Minister claims Airbus has won the battle with Boeing for a 43 passenger plane order for Indian Airlines.

 WATCH/LISTEN
 AUDIO CHOICE
 PROGRAMMES
Launch console for latest Audio/Video
The Markets: 23:03 UK
FTSE 100 3597.00 -81.7
Dow Jones 7929.30 -55.88
Nasdaq 1301.73 +0.2
FTSE delayed by 15 mins, Dow and Nasdaq by 20 mins
Launch marketwatch
View market data

BBC economics editor Evan Davis gives his reaction to the Bank of England's decision to cut interest rates to 3.75%.
The Bank's rate gamble


A new report tots up the massive losses suffered by the stock markets during the past three years - but insists shares are still a good bet
15 more years?


Caribbean banana growers have warned the take-over of Safeway could spell disaster for their industry
'Save our banana jobs'


Does the diet industry count on slimmers giving up to sustain its profits?
Banking on failed diets


Interest cut is likely to mean lower mortgage costs but is that a good thing in the long term?Boost or bust?
What rate cut spells for UK housing market

For the first time since the collapse of communism, a survey finds that Russian firms no longer see the government as their biggest threatRed tape
Russian firms cheer ebbing bureaucracy

John Prescott's plans for a housing boom in the South-East of England sound impressive, but will they have any real effect on property prices?House prices
Will Prescott's plans make any difference?

A new currency issued by a group founded by Beatles guru Maharishi is not violating the law, the Dutch central bank says.Guru currency
Dutch shoppers allowed to pay with 'raams'

The president of Turkmenistan - rich in natural resources but as poor as sub-Saharan Africa - is to start handing out free Mercedes carsRocky road
Merc handout in poverty-stricken Turkmenistan

The software giant rebuffs an allegation that it planned to plunder trade secrets from Britain's Sendo, its former partner in a mobile phone projectDavid v Goliath
Microsoft denies 'plundering' tiny UK mobile firm

BBCi business
What to do about your with-profits policy
© BBC ^^ Back to top

News Front Page | World | UK | England | N Ireland | Scotland | Wales |
Politics | Business | Entertainment | Science/Nature | Technology |
Health | Education | Talking Point | Country Profiles | In Depth |
Programmes