Business Blog

FTSE 100 closes in on record level

The FTSE 100 rises, with commodity-related stocks boosted by better-than-expected results from BP and a continued rebound in oil prices.

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Boris Johnson enters Boots tax row

Boris Johnson says it is "disappointing" retailer Boots does not pay more tax in the UK - amid a row between the stores chain and Labour.

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Ferrari reveals new 488 GTB sports car

The Ferrari 488 GTB has a 660 horsepower turbocharged V8 engine and replaces the 458 model.{MBD} {IMAGE}{MBD} {IMAGE}

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S&P to pay $1.4 billion to settle U.S. charges

The settlement looms nearly two years after the Department of Justice first accused S&P of giving top ratings to poor quality mortgage securities between 2004 and 2007.{MBD} {IMAGE}{MBD} {IMAGE}

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Are we missing the real student loan story?

Are we missing the real student loan story?

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S&P pays $1.4bn in sub-prime case

Credit rating agency Standard & Poor's (S&P) agrees to pay $1.38bn settlement to US regulators over allegations it knowingly inflated its ratings of risky mortgage investments.

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