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Business News
Taxpayer lost £2bn on Rock rescue
18 May 2012 at 1:00am
The taxpayer could lose about £2bn once the assets of collapsed bank Northern Rock are wound down, the National Audit Office estimates.
Moody's downgrades Spanish banks
18 May 2012 at 12:12am
Ratings agency Moody's cuts the credit ratings of 16 Spanish banks, as shares in struggling lender Bankia fell another 14%.
Facebook shares valued at $100bn
18 May 2012 at 1:35am
Facebook prices its shares at $38 each ahead of one of the most eagerly anticipated share flotations in recent stock market history.
US puts tariffs on Chinese panels
18 May 2012 at 3:18am
The US says it will impose import tariffs of about 30% on Chinese solar companies, saying China is flooding it with subsidised products.
HMRC defends child benefit plan
18 May 2012 at 1:00am
Asking taxpayers and child benefit recipients to reveal information to their partners is legal, HM Revenue & Customs says, despite claims it breaks confidentiality rules.
18 May 2012 at 1:00am
The taxpayer could lose about £2bn once the assets of collapsed bank Northern Rock are wound down, the National Audit Office estimates.
Moody's downgrades Spanish banks
18 May 2012 at 12:12am
Ratings agency Moody's cuts the credit ratings of 16 Spanish banks, as shares in struggling lender Bankia fell another 14%.
Facebook shares valued at $100bn
18 May 2012 at 1:35am
Facebook prices its shares at $38 each ahead of one of the most eagerly anticipated share flotations in recent stock market history.
US puts tariffs on Chinese panels
18 May 2012 at 3:18am
The US says it will impose import tariffs of about 30% on Chinese solar companies, saying China is flooding it with subsidised products.
HMRC defends child benefit plan
18 May 2012 at 1:00am
Asking taxpayers and child benefit recipients to reveal information to their partners is legal, HM Revenue & Customs says, despite claims it breaks confidentiality rules.
News courtesy of BBC