Business News Articles

Youth Unemployment hits record high
Global youth unemployment has hit a record high and is forecast to continue to rise further, according to a report from the International Labour Organisation, which echoes warnings in the UK that young people continue to be the hardest hit by the recession. ... more

Vehicle sales drive economic recovery
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Apple announce record profits for last quarter
Steve Jobs, revealed an amazing set of figures in the quarter ending on Christmas day yesterday... more

UK unemployment figures rise by 49,000
Unemployment increased to 2.5 million after a jump of 49,000 in the quarter to the end of November.... more

Eurozone Rescue Fund meeting held
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UK inflation rises to 3.7% in December
The UK Consumer Prices Index (CPI) annual inflation rate rose through December to 3.7%, up from 3.3% in November... more

Pound hits 2 month high against the US Dollar
U.K.'s sterling extended its previous sessions' uptrend against the currencies of the U.S., Europe and Swiss franc in early trading on Monday. However, the pound weakened against the lower-yielding Japanese yen.... more

UK house prices rise by 0.3%
Asking prices in January saw an increase of 0.3% as the number of houses on the market fell to a two-year low, research indicated today... more

Eurostar profit up 12%
High-speed rail operator Eurostar has reported a revenue increase of 12 percent in 2010 as the business travel market rebounded.... more

Default retirement age 65 phased out
The Default Retirement Age (DRA) is to be phased out this year, the government has confirmed. It means employers will no longer be allowed to dismiss staff just because they have reached the age of 65. ... more