Food Bills May Rise Amid Growing Meat Tests

By Tom Parmenter, Sky News Correspondent Consumers are being warned that food bills may rise if high demand for meat testing continues. Since the start of the horsemeat scandal laboratories all over the UK have been inundated with requests to test...

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Britain's Premium Credit Rating Downgraded

Rating agency Moody's has stripped Britain of its top-grade AAA credit rating, citing slow growth and a rising debt burden. After the international agency announced the one notch drop to AA1, Chancellor George Osborne said it was a "stark reminder"...

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Tax Cheats Named By HMRC For First Time

HMRC has published the names of nine individuals and businesses which it says each owe more than £25,000 in tax. The tax authority described those named as "deliberate defaulters" who had repeatedly failed to co-operate with the taxman. HMRC said those...

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Exclusive: Top Bosses 'Too Close To Auditors'

By Mark Kleinman, City Editor The executives who run Britain's biggest companies have an excessively cosy relationship with the major audit firms that has enabled the quartet of accountants to exert a long-running stranglehold over the industry,...

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Private Firms 'Better To Run Prisons', Report

Private firms are better at running prisons than the public sector and all jails should be subject to open competition, according to a think tank. The Government would be wrong to limit the role of private companies within prisons to small contracts,...

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HMV To Close 37 More Stores With 464 Jobs Cut

Is Your Local HMV Being Axed? Updated: 12:15pm UK, Wednesday 20 February 2013 The latest 37 HMV stores identified for closure are: Ashford, Basildon, Bolton, Cheltenham, East Kilbride, Enfield, Folkestone, Glasgow Argyle, Gloucester, Grimsby, Hatfield...

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Google Share Price Breaks $800 Barrier

Google's stock price has topped $800 (£516) for the first time amid renewed confidence in the company's ability to reap higher profits. The milestone comes more than five years after Google's shares initially hit $700, but then tumbled as the 2007 financial...

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Tesco: Supermarket Bottom Of Which? Survey

Tesco is the UK's least popular supermarket - and Waitrose is the most liked - according to a new survey. Waitrose received an overall satisfaction score of 82%, including five-star ratings for its customer service and the quality of its fresh produce....

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MPs: Tax Dodgers 'Should Be Named And Shamed'

Tax dodgers should be "named and shamed" to stop celebrities using legal loopholes to cut the amount they pay to the Treasury. The Public Accounts Committee says promoters of tax avoidance schemes are "running rings" around the taxman by taking advantage...

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Scheme To Spark Life Into Electric Car Sales

By Gerard Tubb, North Of England Correspondent Thousands of new charging points for electric vehicles (EVs) will be installed across the country to try to boost the market for so-called zero emission cars. The Government is launching the second...

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FTSE 100 Firms' Legal Liabilities Shoot Up

The amount of money Britain's companies have set aside to cover regulatory and legal costs has shot up, according to legal publisher Sweet & Maxwell. It said the legal liabilities reported by the FTSE 100 companies jumped by 22% last year to £22.1bn...

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PM Heads Largest Ever Trade Mission To India

By Joey Jones, Deputy Political Editor, In Mumbai David Cameron has arrived in India where he is heading the largest ever trade delegation to travel overseas with a British Prime Minister. Mr Cameron is anxious to drum up the prospects for business...

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Home Ownership '£1,440 Cheaper' Than Renting

The cost of buying a home has become £1,440 a year cheaper than renting, according to new research. Halifax found the average monthly costs associated with buying a three-bedroomed house stood at £621 in December, which is £120 cheaper than the typical...

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Michael Fallon Eyes £65bn Kazakh Trade Deals

By Mark Kleinman, City Editor Michael Fallon, the Business Minister, will fly to Kazakhstan on Sunday in an attempt to help British companies win a share of $100bn (£65bn) in new trade deals. Mr Fallon, who was promoted in last autumn's Cabinet...

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