BUSINESS

Public Accounts Committee lashes out at tax office and accountancy firms over avoidance schemes that cost Treasury £5bn.

Pay specialists XpertHR says 2013 will be a weak year for pay awards as settlements decline.

Round-up of comments on UK's 0.3 percent growth in first quarter as triple-dip recession threat looks to have been avoided.

Pre-tax profit declines to £1.3bn in the first quarter from £2bn a year ago.

Spain's unemployment rate rose to a record of 27.2 percent in the first quarter of this year with 6.2 million people out of work, according to data released by the National Statistics Institute on Thursday (April 25).

Net profits for the quarter decline to €1.2bn from €1.6bn a year earlier.

ONS preliminary GDP data suggests no triple-dip recession in significant boost for Chancellor George Osborne.

Volvo sales suffer from economic slowdown in the Europe as well as growing competition in the sector.

More than 6.2m jobless in Spain as youth unemployment passes 55 percent mark.

The UK GDP data will confirm whether the country has entered a "triple-dip recession" or not.

While many us keep an eye on how much fat we eat, we give little thought to what happens to waste cooking oil and fat - especially when it's poured down the drain. Deep below London's streets, the results are all too clear.

South Korea's economy grew 0.9 percent in the first quarter from 0.3 percent in the fourth quarter.

Government advisers sounding out private equity groups as plans for £1bn flotation fall through.

Standard Life shares rise more than 5 percent on higher first-quarter sales and asset management details.

Business groups have welcomed focusing FLS more towards SME lending, but warn that it will not alone heal the UK economy.

A false tweet which was apparently from the Associated Press saying there had been explosion at the White House, sparked a brief bout of upheaval in financial markets on Tuesday (April 23).

The deal is expected to safeguard Singapore Airlines' market share in Australia and counter Qantas' partnership with Emirates.

Bigger-than-expected fall in German business morale builds case for ECB interest rate move.

Chancellor Osborne and Bank of England give FLS facelift to focus on easing SME credit.

European markets are expected to trade lower on weak business sentiment data from Germany.

Cost-cutting measures and restructuring in investment banking division help boost profits.

CEO Antony Jenkins says new path 'not easy' as lender reveals restructuring costs may hit £1bn in post-Bob Diamond era.

The yen's weakness and rise in US new home sales lift sentiments in Asian markets.

EXCLUSIVE: One of Britain's biggest banks delivers positive first set of redress offers for SMEs.

HSBC cuts jobs from UK wealth management business which will impact 3,166 existing staff.

Holman tells IBTimes UK about group's strong results and insurance industry outlook.

The move will allow airlines to complete test flights and resume commercial service.

Strong demand for chips from manufacturers of smartphones and tablets help the company's results.

IB Times UK presenter Marverine Cole looks at how new technology can save the high street.