Business Blog

Police to re-consider Wonga case

The City of London Police confirm they will re-consider opening a criminal investigation into Wonga after the payday lender sent out fake lawyers' letters to customers.

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Sweet tax ruling for Snowball makers

Two Scottish confectionery firms are set to receive a windfall tax rebate after judges rule Snowball snacks are technically cakes.

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UK business investment bounces back

Business investment was 10.6% higher in the first quarter than the same period last year and has grown for five consecutive quarters

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Lidl expansion to create 2,500 jobs

German discount supermarket Lidl says it will create 2,500 jobs in the UK over the next few months as it spends £220m on opening 20 new stores.

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European shares halt sell-off; Airbus rises

* FTSEurofirst 300 flat, Euro STOXX 50 down 0.07 pct * FTEU 300 set to snap longest run of weekly gains in 2 yrs * Euro STOXX 50 finds support on 50-day moving average * Buying convertibles seen good way to avoid pull-backs * Barclays halts sell-off sparked by U.S. dark pool lawsuit By Blaise Robinson PARIS, June 27 (Reuters) - European stocks were steady aroun
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Suarez loses sponsor because of bite

Luis Suarez loses the support of one of his financial backers after he is banned for biting Italy defender Giorgio Chiellini.

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