Business

Youth Unemployment 'At Emergency Point'
Youth Unemployment 'At Emergency Point'
Youth unemployment in the UK has reached "emergency point", an inquiry led by Labour MP David Miliband has warned.
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Heathrow Defends Grounding Flights In Snow
Heathrow Defends Grounding Flights In Snow
Heathrow Airport has said normal service has resumed - and defended the flight cancellations that left thousands of passengers stranded during Sunday's snow.
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Labour: Network Rail Bonuses Can Be Vetoed
Labour: Network Rail Bonuses Can Be Vetoed
Labour have insisted bonuses for Network Rail executives could be blocked by ministers, contradicting Government claims that it does not have veto powers.
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Talks Resume As Clock Ticks On Greek Debt Plan
Talks Resume As Clock Ticks On Greek Debt Plan
Greek prime minister Lucas Papademos has resumed talks with the party leaders of his coalition, taking a fresh jab at attempts to win cross party support for added austerity as the country's most powerful labour groups called for a nationwide walk ou
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'Diamond Jubilee Could Harm The Economy'
'Diamond Jubilee Could Harm The Economy'
The Queen's diamond jubilee celebrations could damage economic growth in the UK this year, economists have warned.
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Suspended Dover-Calais Ferry Route To Restart
Suspended Dover-Calais Ferry Route To Restart
A Dover-Calais ferry route which was suspended in November, when SeaFrance collapsed, is due to be re-opened.
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RBS Chair Attacks 'Anti-Business Ministers'
RBS Chair Attacks 'Anti-Business Ministers'
Ministers should abandon a growing tendency to indulge in anti-business rhetoric or risk damaging Britain's economic recovery, the head of the state-controlled Royal Bank of Scotland (RBS) has warned.
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'Sale And Rent Back' Property Market Closed
'Sale And Rent Back' Property Market Closed
The financial watchdog has temporarily shut down the 'sale and rent back' property market after discovering widespread poor practice.
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BT Pledges 'Ultra-Fast' Broadband Speeds
BT Pledges 'Ultra-Fast' Broadband Speeds
BT has promised "ultra-fast" broadband speeds of up to 300 megabits by next spring after posting a strong business performance for the last quarter of 2011.
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Miliband Slams 'Bonus, Bust, Bailout' Culture
Miliband Slams 'Bonus, Bust, Bailout' Culture
Labour leader Ed Miliband has urged "responsibility and restraint" in banking sector pay, saying the industry cannot continue along a path of "big bonuses, bust, and bailouts".
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Double-Dip Recession 'Too Close To Call'
Double-Dip Recession 'Too Close To Call'
The UK will return to recession in the first half of this year, one influential think-tank has warned, but other new data from the services industry suggests otherwise.
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South African Mine Fires 13,000 Workers
South African Mine Fires 13,000 Workers
A South African mining company has sacked 13,000 workers after they staged an illegal walkout in a row over pay.
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Facebook Graffiti Artist 'Set For Millions'
Facebook Graffiti Artist 'Set For Millions'
A graffiti artist hired by Facebook to paint the company's first headquarters in 2005 could reportedly be worth millions when it floats on the stock exchange this year.
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Biggest-Ever Mining Merger On The Cards
Biggest-Ever Mining Merger On The Cards
The chance of the biggest-ever deal in the mining sector has shot the two companies involved to the top of the FTSE 100 risers.
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BoE Policymaker Urges Action Over Lending
BoE Policymaker Urges Action Over Lending
Banks are still failing to lend to UK businesses, meaning they are not providing value for money to the Government, a leading policymaker has told Sky News.
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Facebook Finances Exposed For First Time
Facebook Finances Exposed For First Time
The launch of Facebook's initial public offering has provided the first glimpse of the financial and operational details behind the world's biggest social networking site.
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Sony Replaces Boss As It Predicts Annual Loss
Sony Replaces Boss As It Predicts Annual Loss
Global electronics brand Sony has announced it will replace its top boss as it prepares to post its fourth consecutive full-year loss.
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Oil Firm Shell's Profits Double To £18bn
Oil Firm Shell's Profits Double To £18bn
Royal Dutch Shell has reported a profits of £18.1bn ($28.6bn) for 2011, a jump of 54% on a year ago.
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Drugs Firm AstraZeneca To Cut 7,300 Jobs
Drugs Firm AstraZeneca To Cut 7,300 Jobs
Pharmaceutical group AstraZeneca has announced plans to cut 7,300 jobs as part of a restructuring strategy.
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Facebook Seeks To Raise $5bn In Flotation
Facebook Seeks To Raise $5bn In Flotation
Facebook has filed paperwork to go public, seeking to raise $5bn (£3.1bn) on Wall Street in the largest flotation ever by an internet company.
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