Business Blog

It's official: Russia heads into recession

Falling oil prices and sanctions will shrink Russia's economy next year.{MBD} {IMAGE}{MBD} {IMAGE}

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Flood schemes to protect 300,000 homes

More than 1,400 flood defence projects are chosen to receive £2.3bn funding over the next six years ahead of the Autumn Statement.

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FTSE jumps as energy shares rebound

The FTSE 100 rises by more than 1% as energy shares rebound following a recovery in the oil price.

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Royal Mail review sparks shares fall

Royal Mail shares fall after Ofcom rules that it can continue providing the universal postal service without damage to its business.

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The world's 10 richest recording artists

Read full story for latest details.{MBD} {IMAGE}{MBD} {IMAGE}

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Flat owners in line for new rights

Five million people in England and Wales who own their flats should be given new rights, the Competition and Markets Authority (CMA) concludes.

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