Latest business news
“Michael Gove to teach all children himself”. Oops! Spoof article appeared on Department for Education website
An article headlined “Michael Gove decides to teach all children himself” appeared on the Department for Education website for a month, despite staff being notified.
The average small central London flat could cost £36m by 2050, according to an investor.
Google’s mystery barge, which appeared outside San Francisco in October 2013, is on the move after being ordered to leave Treasure Island at San Francisco.
Recent business news
More than 80 RBS staff were paid more than £1m last year. This was despite the taxpayer-backed bank reporting its biggest annual loss since being rescued by the UK government during the financial crisis.
Another week in British business, another rate-rigging scandal. The Bank of England has suspended a member of staff during an internal probe into alleged manipulation of the foreign exchange (forex) market, Reuters reports.
Ben van Beurden, chief executive of Royal Dutch Shell, has said he wants Scotland to “remain part of the UK”.
UKIP leader Nigel Farage was in Nick Clegg’s crosshairs this week as the Liberal Democrat leader suggested that Farage and his MEPs are lazy and ineffective.
Russian soldiers surround a Ukrainian military base
Irish bookmaker Paddy Power, which is taking bets on the outcome of Oscar Pistorius’s murder trial, is set to be investigated by the Advertising Standards Agency (ASA), after almost 50 people complained that their ad was in bad taste.
David Cameron is “pompous”, Nick Clegg is “spineless” and Ed Miliband is “boring”, according to a poll of women.
One in every seven firms operating in the UK was founded by immigrant entrepreneurs, and immigrants to the UK are more likely than people born in the UK to launch businesses, according to a study by the Centre for Entrepreneurs think-tank and financial technology firm DueDil.
Dwindling North Sea oil revenues could mean that a newly independent Scotland will find itself failing to benefit from the upturn in the British economy and forced to borrow more in the short term, according to the Institute for Fiscal Studies (IFS).
A key MEP behind the European Union’s bankers bonus cap legislation has called on the European Commission to take the UK to court for “blatantly” sidestepping new rules limiting bonuses.
Elephant & Castle, in southeast London, is set to benefit from a £4bn fund which will see regeneration of many of the city’s run-down areas.
Although it may feel like it sometimes, London is not the world’s most expensive city. In fact, it fails to even make the top 10.
London’s officially become the UK’s congestion capital after the country’s 10 most congested roads were found here.
Patrick Rock, one of David Cameron’s senior aides, was arrested last month on child pornography allegations.
In a bid to boost the number of women on boards, Business Secretary Vince Cable is considering recommendations for all-women shortlists on FTSE 100 companies.
Bill Gates has officially unseated Mexico’s mobile tycoon Carlos Slim Helu to become the richest man in the world.
David Cameron is to increase personal tax allowance to more than £10,000 in the upcoming budget.
London businesses are being “clobbered” by high business rates, London Mayor Boris Johnson said yesterday.
London’s rapidly rising property market is proving to be a headache for many companies wishing to locate their employees in the capital. As property prices and rents hit record levels, London has become the second most expensive city to house workers.
The most recent world rich list has just been published, and it turns out that there are 77 billionaires in the UK.