BUSINESS

Chancellor George Osborne says shops keep up to half of VAT savings instead of passing them on.

Head of International Monetary Fund said low global trade and raw material prices would weigh down on growth.

Unfortunate name for fireworks range criticised by prominent German media outlets for insensitivity.

Damage cost estimates come as the UK sees continued flooding caused by Storm Frank.

Company outlines new policy toward varied forms of abuse, and terrorism.

IBTimes UK lists the most prominent business stories of the year by the headlines.

Adultery website's membership has grown 11% to 43.4 million.

Banking giant accused of failing to stop its American customers from making unsuitable mutual fund switches.

Ford's patent describes self-propelled unicycle' that can reach speeds of up to 15mph.

Cameron and Osborne successfully sold the 'public spending crisis' interpretation to the public.

Low trading volumes and lack of new data means flooding could hit FTSE indices.

iPhones have detailed parental control restrictions, while Android phones are not as thorough.

BMW's AirTouch feature enables quick gesture-based actions on its in-car infotainment system for high-end cars.

Collecting data logs of students allows Google to analyse their online behaviour.

Visits to shopping centres were up 7.8% as businesses benefitted from the long Christmas weekend.

The database would represent more than the active registered voters, which numbers 142.2 million.

The first budget under King Salman, who was crowned in January, makes a cut in Saudi Arabia's fortunes.

The new plant will help the company reduce the cost of producing the alcohol-free drink.

Amid lack of cues, market men look forward to the New Year.

"In my German words, we have totally screwed up" Michael Horn on messing up

House price growth set to slow as London market plateaus amid affordability problems.

The new law is expected to come into force from January 2016.

Thin strip of plastic shaped like aerofoil can be used in fridges to retain cool air.

Insurance industry to bear brunt of economic losses arising from crisis.

These supersonic jets will be able to fly faster than the speed of sound.

Scores of Turkey's financial and government websites hit by DDoS attacks.

Kaspersky says more than 50,000 corporate PCs were affected by cryptolocker attacks.

BBA data showed strong growth of mortgage loans, as Bank of England credited economic recovery for the surge.

Japan's weak economy and Germany's ageing population are expected to lower their rankings, according to CEBR.