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Time to give your pension a reality check

Sep 3, 2010

Don't underestimate the amount you need to save for a happy retirement.

Business Bullet: Asia, Wheat, Euro, BA

Sep 3, 2010

The latest news on: Asia, Wheat, Euro, BA

HSBC warns UK of 'break up' exodus

Sep 3, 2010

HSBC, which received no state bailout to survive the global financial crisis, warned that big British banks would move abroad if the Commission on Banking decides that they should be broken up.

China fears depreciation of $2.45 trillion of reserves still heavy in dollars

Sep 3, 2010

China offered a rare glimpse into its foreign exchange reserves on Friday, confirming that they are overwhelmingly allocated in dollars, while a central banker said the mountain of cash could face depreciation risks.

BP oil spill costs rise to $8bn

Sep 3, 2010

Another oil rig has exploded in the Gulf of Mexico - just over four months since BP's Deepwater Horizon catastrophe.

UK services growth slowest for 16 months as hiring falls

Sep 3, 2010

UK service sector activity grew last month at its slowest pace since April 2009, with a marked fall in hiring as employers worried about an economic slowdown and public spending cuts.

Business Bullet: Markets, UK services, UK rates, Bob Geldof

Sep 3, 2010

The latest news on: Markets, UK services, UK rates, Bob Geldof

US jobs report delivers positive surprise for anxious markets

Sep 3, 2010

US employers hired more workers than expected last month, new figures showed, in a rare bright spot during a summer dominated by signs that the economic recovery is losing steam.

BHP Billiton could seal Potash deal with marketing and jobs pledge

Sep 3, 2010

All BHP Billiton needs to do to gain approval for its hostile $40bn (£25.9bn) bid for PotashCorp is to agree to preserve head-office jobs and support a fertilizer-marketing company, according to Canadian lawyers.

Should you take the fixed rate mortgage bait?

Sep 3, 2010

It pays to do the maths before switching from a variable rate mortgage.

Ben 10 toys boost for Tandem

Sep 3, 2010

Tandem, the Birmingham-based bikes and toys maker, said its full-year results will beat forecasts because of better-than-expected sales of Ben 10 toys.

EU austerity policies risk civil war in Greece, warns top German economist Dr Sinn

Sep 3, 2010

Greece's austerity measures cannot prevent default and could lead to a breakdown of the political order, says top German economist.

Wetherspoons in an alcohol-induced rage over Diageo's tax stance

Sep 3, 2010

Oi! Yeah, you! Put down your poncy vodka and listen. No way am I having that Paul Walsh and his "bunch of morons" from Diageo in my pub - unless they change their tune on alcohol tax.

Can Burger King rediscover its sizzle?

Sep 3, 2010

The fast-food chain's new owner hopes to reignite the sizzle in the fight against bigger rival McDonald's.

Global markets rise despite mixed signals in US and UK

Sep 3, 2010

Markets ended the week sharply higher after better-than-expected US jobs data offset a disappointing report on the state of the UK's key services sector.

Coca-Cola workers vote for strike after 'derisory' 2pc pay offer

Sep 3, 2010

Workers at Coca-Cola's bottling plant in Edmonton, north London, are to mount a series of one-day strikes in protest at what Unite, the trade union, called the company's "derisory" pay offer.

UK and France won't share aircraft carriers, says Defence Secretary Liam Fox

Sep 3, 2010

Britain and France have ruled out sharing aircraft carriers, but may pool resources including the A400M military transport plane, in order to save money.

FTSE 100 surges 4.3pc over the week

Sep 3, 2010

Autonomy was in demand as the blue-chip index finished the week 4.3pc higher, its biggest weekly rise in two months.

Land Securities finds partner for 'Walkie Talkie' skyscraper

Sep 3, 2010

The long-awaited naming of the identity of Land Securities' partner for the building of the "Walkie Talkie" skyscraper in the City of London is expected later this month.

Barack Obama is locked in a lose-lose situation

Sep 3, 2010

The president seems incapable of tackling either unemployment or the deficit, says Jeremy Warner.

BP spill costs still $90m a day after oil leak sealed

Sep 3, 2010

BP's Gulf of Mexico oil spill is still costing the oil giant $90m (£58m) a day, despite the fact that the leak was stopped a month ago.

'Equities are dead, long live bonds'

Sep 3, 2010

A leading City analyst claims that bonds are a better bet than shares. Which way should investors turn?

James Caan: 'Yachts, fast cars, art - I just love to spend money'

Sep 3, 2010

Dragons' Den entrepreneur James Caan lives with his wife and two daughters in London.

Jorge Paulo Lemann: the Brazilian billionaire taking a bite out of Burger King

Sep 3, 2010

Warren Buffett has described the new owner of Burger King as a good friend. That, if nothing else, should help Jorge Paulo Lemann get a credit card in the US if he ever wanted one.

PAYE tax errors force 1.5 million people to repay £1,400

Sep 3, 2010

Almost six million people affected by fiasco will receive letters telling them what they owe or whether they are due a rebate.

David Cameron to revive Brown's business 'star chamber'

Sep 3, 2010

David Cameron is preparing to re-launch Gordon Brown's 'star chamber' of industry leaders that will advise the Government on business affairs.

China looking to stymie BHP's PotashCorp bid

Sep 3, 2010

Chinese officials have ordered executives at state-owned companies to meet bankers to examine ways of blocking BHP Billiton's $40bn (£25.9bn) bid for PotashCorp, according to reports from China.

Univar deal adds to Western market new listing woes

Sep 3, 2010

The IPO markets woes continue with Univar cancelling plans for a stock market listing after its private-equity owner opted to sell a 42.5pc stake in the chemicals supplier to a rival buyout firm.

Bank of England must realise its too early for a QE2 trip, with or without the right bikini

Sep 3, 2010

Aaron Levenstein knew how to sex up a dull subject. "Statistics are like a bikini," the late prof at New York's Baruch College once observed. "What they reveal is suggestive, but what they conceal is vital."

Drinks industry at war over tax

Sep 3, 2010

Brewers have launched a furious backlash against Diageo's drinks tax proposals, branding them a "ruse" to make spirits relatively cheaper and calling for the Smirnoff-to-Guinness giant to be thrown out of the beer industry's trade body.

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