BUSINESS

Critics attack Osborne's Help to Buy Budget announcement over risk of new housing bubble, but Persimmon and Countrywide insist little risk.

Mulberry expects yearly pre-tax profit in the region of £26m, compared to analysts' estimate of £31.2m.

OECD projects China to grow at 8.5% in 2013 and is on track to become the world's biggest economy by 2016.

Volvo expects no impact on earnings due to the issue.

BP will buy $8bn worth of shares and keep $4.4bn in reserve following the formal sale of half of its Russian joint venture to Rosneft

Britain comes in the third position at the international box office market with ticket sales amounting to $1.7bn in 2012.

Several hundred protesters, many of them bank employees, rallied outside parliament on Thursday (March 21st) after rumours that the island's second-largest lender, Cyprus Popular Bank was to be wound up.

Boutique technology merchant bank founder says that Funding for Lending is not working and tech needs more capital

George Osborne's budget on Wednesday is unlikely to alter the United Kingdom's credit rating, Moody's said following the Chancellor's statement.

Former UN climate convention executive secretary tells IBTimes UK that carbon trading can help make up for slow political progress.

H&M's first quarter profit dips due to persisting European debt crisis and unfavourable weather conditions.

The Central Bank Governor of Cyprus said on Thursday (March 21st) that a solution to the country's impasse was expected by Monday (March 25th).

Eurotunnel Group finds it difficult to achieve passenger traffic surge in 2013 due to absence of big-ticket events.

Lufthansa has had to cancel almost 700 flights as workers went on strike early on Thursday (March 21st) to put pressure on the German airline ahead of a new round of wage talks on Friday.

ONS reveals debt and deficit dropped in February, despite Budget warnings by chancellor.

Markit's Composite PMI reading slips further to 46.5 as Germany's manufacturing sector surprisingly stalls

ONS reports 2.1 percent month-on-month jump in UK retail sales volumes following months of damp high street activity.

Chairman Sir John Peace admits he was legally and factually incorrect on sanction busting.

China Resources looks to team up with market leaders in the future as the retail sector remains challenging.

Pharmaceutical giant AstraZeneca cuts 2,300 sales and administration jobs, but looks at long-term incentive rewards for bosses.

ECB's governing council will pull emergency funding programme on 25 March unless Cyprus reaches deal with EU and IMF.

Britain's Chancellor George Osborne insists his austerity measures are working, despite being forced to slash growth forecast by half as he delivered his budget to the parliament on Wednesday (March 20th).

The new plan is expected to include a levy on bank deposits over €100,000 and nationalising pension funds.

Japan's exports drop 2.9% while imports rise 11.9% prompting a deficit for the eighth straight month.

China's manufacturing activity accelerates in March due to an increase in output and new export orders.

Osborne's generous new tax regime is welcome but planning is the issue that needs to be addressed, argues Dan Byles MP.

EXCLUSIVE: Vince Cable PPS says she still has dozens of concerns about way banks handle FSA review process.

The beer duty cut was a tiny shaft of sunlight peeping through the dark clouds of George Osborne's forecast, says Shane Croucher.

Chancellor may have wrong-footed Opposition for the moment but his 'pay our own way' will not save him in the long run.