Taxpayer-Backed Lloyds To Axe 1,000 Jobs Taxpayer-Backed Lloyds To Axe 1,000 Jobs Lloyds Banking Group is to axe almost 1,000 jobs and close four of its offices, the partially state-owned bank has announced. [more]
BP 'Trying to Settle' Ahead Of Oil Spill TrialBP boss Bob Dudley has told Sky News that he is "trying to settle" the outstanding compensation claims arising from the Gulf of Mexico oil spill in 2010 before they go to court. [more]
Glencore And Xstrata Confirm £57bn MergerAnglo-Swiss commodities firms Glencore International and Xstrata have confirmed a merger to create a new group with a combined market value of $90bn (£57bn). [more]
BP Boss Defends City Bonus CultureThe boss of BP has defended the City's bonus culture ahead of a Commons debate in which Labour will blame big payouts for damaging the economy. [more]
UK High Streets Suffer Poor January SalesThe UK high street has had its second-worst January since records began 17 years ago, figures from the British Retail Consortium have revealed. [more]