Business Blog

UPDATE 4-Franc furore sends Swiss stocks diving 10 percent

* Swiss stocks slump after SNB scraps euro cap on franc * Biggest one-day fall for Swiss index since 1989 * Market cap destruction estimated at $117 CHF * Huge swings in major stocks Swatch, Richemont (Adds quotes, details; updates stock prices) By...
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Poor left behind, archbishops warn

The Archbishops of Canterbury and York call for a rethink of the way poverty is addressed in the UK, and urge a greater take-up of the living wage.

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GLOBAL MARKETS-Europe thrown into turmoil as Swiss let franc soar

* Markets rocked as Switzerland abandons three-year-old franc cap* Franc soars 30 percent, European shares yo-yo, yields tumble* Wall Street futures turn positive, dollar make ground after data* Copper reclaims some ground, oil bounces back after slide againBy Marc JonesLONDON, Jan 15 (Reuters) - Global markets were thrown into turmoil on Thursday as a shock move by Switzerland to abandon its more
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Relief extended for poor with debts

Hundreds more people considered to be "too poor to go bankrupt" will be able to use a system of personal insolvency.

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Firm in court bid over Spurs stadium

A business standing in the way of Tottenham Hotspur's £400m stadium redevelopment plans launches a High Court battle to stay put.

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UPDATE 3-Currency market furore wipes $100 billion off Swiss stocks

* Swiss stocks slump after SNB scraps euro cap on franc * Biggest one-day fall for Swiss index since 1989 * Market cap destruction estimated at $100 bln * Huge swings in major stocks Swatch, Richemont (Adds details and quotes, updates prices) By Atul...
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