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BBC Business News feedHP sales fall short of forecastsComputer firm Hewlett-Packard sees a drop in first-quarter sales, as it attempts to turn itself around under new chief executive Meg Whitman. Read more on this story » Peacocks sold but 3,100 jobs lostFashion retailer Peacocks is sold out of administration to Edinburgh Woollen Mill, saving 6,000 jobs, but 3,100 staff will be made redundant. Read more on this story » Peugeot boosted by alliance talksPeugeot shares jump 12% after the carmaker confirms it is in talks about possible "co-operations and alliances". Read more on this story » CBI seeking 'targeted' tax cutsThe CBI calls on the government to give a £500m boost to business in the Budget through a series of "targeted and modest" tax cuts. Read more on this story » Bank members voted for £75bn QEMinutes show two of the Bank of England's Monetary Policy Committee wanted more money pumped into the economy, sending sterling down on the currency markets. Read more on this story » Obama seeks US corporate tax cutUS President Barack Obama proposes a cut in corporate tax and an end to tax loopholes, as part of his election-year strategy on the economy. Read more on this story » |
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