Fox warns European Union over tariff war

  • 29 September 2016
  • From the section Business
Dr Liam Fox addressing WTO Image copyright Getty Images

It is the strongest signal yet that Britain is plotting a "hard exit" from the European Union.

Liam Fox, the international trade secretary, said that he wanted a deal with the EU "at least as free" as the present arrangements.

He said anything else would be bad for all the people of Europe, whatever some politicians on the continent might say about the need to show Britain that leaving the EU is not cost free.

He also suggested he wanted Britain to take its seat as an independent member of the World Trade Organisation after Brexit.

At present, Britain's membership is as part of the EU and some argue that Britain joining the WTO as an independent member will be a long and difficult process.

Read full article Fox warns European Union over tariff war

What does 'hard' or 'soft' Brexit mean?

  • 29 September 2016
  • From the section Business
EU flag in front of Parliament Image copyright PA

Like eggs and cheese, Britain's departure from the European Union supposedly comes in both hard and soft versions.

But - unlike household groceries - it is rather more difficult to define what "hard" and "soft" actually means when it comes to Brexit.

Read full article What does 'hard' or 'soft' Brexit mean?

The economics of a £10 an hour living wage

  • 26 September 2016
  • From the section Business
John McDonnell Image copyright PA

John McDonnell promised he would reveal a new "interventionist" underpinning to Labour's economic policy.

And the shadow chancellor did not disappoint.

Read full article The economics of a £10 an hour living wage

China slowdown is global economy's biggest threat, Rogoff says

  • 26 September 2016
  • From the section Business
Media captionMr Rogoff says China is going through a big political revolution

The former chief economist of the International Monetary Fund has told the BBC a slowdown in China is the greatest threat to the global economy.

Ken Rogoff said a calamitous "hard landing" for one of the main engines of global growth could not be ruled out.

Read full article China slowdown is global economy's biggest threat, Rogoff says

May closes another door on Osborne

  • 23 September 2016
  • From the section Business
Jim O'Neill Image copyright Getty Images

The former Goldman Sachs banker Jim O'Neill is passionate about a lot of things - Man Utd being one of them.

He is also a firm believer in the Northern Powerhouse and close relations with China.

Read full article May closes another door on Osborne

Google: Don’t let 'local' Brexit distract UK

  • 19 September 2016
  • From the section Business
Google office Image copyright Reuters

The most senior Google executive outside Silicon Valley has said Britain should not be distracted by Brexit and should focus on supporting the growth of global technology companies.

Matt Brittin, the head of Google's Europe, Middle East and Africa business, said the conditions for success in the UK were now better than in 2010, when David Cameron said the founders of the tech giant believed they could never have built their company in Britain.

Read full article Google: Don’t let 'local' Brexit distract UK

Chocolate, dogs and Craig David - my school day with the governor

  • 16 September 2016
  • From the section Business
Media captionPizza, dogs and Bake-Off: what Mark Carney really likes

For most governors of a central bank nothing could be further from their comfort zone than appearing in front of a hall full of 12-18 year olds being asked everything from what's the point of money to name your favourite chocolate.

Mark Carney had that experience today and the pupils from Whitley Academy in Coventry expressed surprise that he was "cool" and "informal" and "answered everything".

Read full article Chocolate, dogs and Craig David - my school day with the governor

Bank admits economy is looking better

  • 15 September 2016
  • From the section Business
Bank of England building Image copyright PA

In one sentence the Bank has revealed it is ready to upgrade its growth forecasts for the UK economy.

"The Committee now expects less of a slowing in UK GDP growth in the second half of 2016," it said, referring to the Monetary Policy Committee of Bank economists and external experts that sets UK interest rates.

Read full article Bank admits economy is looking better

Dyson: EU exit will 'liberate' UK economy

  • 14 September 2016
  • From the section Business
Media captionSir James said that it would be suicidal for the EU to impose tariffs on UK goods as it imports £100bn more in value from the EU than it exports.

One of the UK's most successful business leaders has said that leaving the European Union will liberate the country's economy.

Sir James Dyson said that it would be suicidal for the EU to impose tariffs on UK goods as it imports £100bn more in value from the EU than it exports.

Read full article Dyson: EU exit will 'liberate' UK economy

The inflation monster is stirring

  • 13 September 2016
  • From the section Business
Sterling Image copyright Getty Images

Ronald Reagan once said inflation was as "frightening as an armed robber".

The marauding criminal ate into savings, eroded incomes and increased the cost of everything from the weekly shop to filling up the car.

Read full article The inflation monster is stirring