Business Blog

BBC Business News

UK inflation rate rises to 1.3%

UK inflation rose to an annual rate of 1.3% in October, up from 1.2% in the previous month, official figures show.

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MPs tell HMRC to speed up tax probes

The Public Accounts Committee criticises HM Revenue & Customs for its "unacceptably slow" action against tax avoiders.

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Grocers 'report rare fall in sales'

The value of UK grocery sales has fallen for the first time in two decades, according to research firm Kantar Worldpanel.

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House prices 'up 12.1% in a year'

House price growth accelerated to 12.1% in the year to the end of September, official figures show, despite other surveys suggesting a slowdown.

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Easyjet reports strong profit growth

No frills airline Easyjet reports a 21% rise in annual pre-tax profits, helped by strong growth in the number of available seats.

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Miami's Stanton in record $325m deal

Giancarlo Stanton agrees the most expensive deal in US sport by signing a £208m 13-year contract with Miami Marlins.

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