BUSINESS

Amit Kara, UBS European economist, tells IBTimes UK about BoE's future under Mark Carney.

British Bankers' Association's executive director says that Carney should buy "real economy assets," such as securitised SME loans.

UBS economist Amit Kara tells ACCA debate that Mark Carney's Bank of England will get off to bad start in July.

Car sales in the UK improved 14.8% in April.

The company's order backlog has risen to an all time high of $12.1bn as of 30, April.

Analysts expect gold prices to fall to $1,100 an ounce in a year and below $1,000 in five years.

Workers' safety in Bangladesh could be improved if western retailers use NGOs, says outsourcing expert Professor Michael Mol.

The deal involves technology and services arrangement and a sale of property at Dordon.

Maersk Line reports a profit of $204m in the first quarter as against a loss of $599m, a year ago.

As the UK follows US, Russia and China's suit for shale gas development, we deliver a handy guide

Rising Islamic finance activity in the Gulf prompts the UK's largest standalone Islamic bank to open Dubai office

IBTimes UK takes a look at foreign firms taking advantage of China's shale gas sector

Deepwater Horizon Claims Administration expects number of filings to pick up as deadline nears.

ANA reports overheating of electric distribution panel during 787 test flight.

Net profit declines 79% to $130m amid investors' battle to takeover the company.

Pope Francis has spoken out against the global financial system, saying that deregulation of financial markets has created a "cult of money" and blamed it for causing growing inequality across the world.

Lin Homer tells the Public Accounts Committee that HMRC collects taxes under laws set by government, not on morals

Occupy movement launches new campaign to break up 'too big to fail' banks in London's Canary Wharf.

Lloyds AGM hears of "significant progress" made by bank in 2012 as share price soared 85% across year.

Zurich's capitalisation ratio under Swiss rules has risen to 185% as of January, 2013, compared to 178% six months ago.

RBS reveals job losses are a result of restructuring its Retail head office functions in the UK

Aviva takes a £54m hit on restructuring costs in the first quarter.

Google chief Matt Brittin defends tech giant in front of Public Accounts Committee on tax avoidance

Like-for-like sales rise 13% in the UK & Ireland in the fourth quarter ended in 30 April.

HMRC deal to let Goldman Sachs off millions of tax it owed was lawful, rules high court.

We take a look at HSBC’s report on the long-term risks for China and the global economic impact

Total gold demand declines13% in the quarter due to a massive liquidation of exchange traded funds.

London Finance Commission recommends greater fiscal autonomy for London, but capital risks losing out if tax yield drops.

BP says the escalating compensation costs are putting the company financials into jeopardy.