Business News

Many people are in favour of taking steps to reduce the government deficit but they are less clear on where spending should be cut, a poll commissioned by the BBC suggests.

Many people are in favour of reducing the deficit but they are less clear about where cuts should be made, a BBC poll suggests.

Armed police are posted outside the main branch of Kabul Bank as customers continue to withdraw money amid fears it may collapse.

The Indian businessman hoping to buy Blackburn Rovers, Ahsan Ali Syed, left a trail of debt from his time in the UK, 5 live Investigates reveals.

The official in charge of cleaning up the Gulf of Mexico oil spill says the well which caused the damage is no longer a risk to the environment.

The Scottish government's exports agency generated more than £500m to the Scottish economy last year, its chief says.

At the Zikim Kibbutz, near Ashkelon in southern Israel, tourists come in to see what life is like living just a short distance from the Gaza border.

Afghans have continued to withdraw money from the country's largest bank, Kabul Bank, over fears it may collapse.

Almost six million people in the UK have paid the wrong amount of income tax in the past year, with some facing a bill of up to £1,400 - although others can expect a rebate.

HM Revenue and Customs says some 1.4 million people each owe about £1,500 in tax, while 4.3 million will get an average rebate of £418.

Egypt's literary scene is thriving, with a new generation of writers and poets taking advantage of an increasing number of small publishers and social networking sites to get their work noticed.

Vending machine companies warn cheaper "steel" 5p and 10p coins being considered by the Treasury could cost the industry millions of pounds.

High Street banks have been accused of leaving some customers in "dire poverty" after taking money out of their accounts without permission.

Nigeria's economy will hit double-digit growth by the end of 2011 or early 2012, the country's finance minister says.

The Brazilian state oil company, Petrobras, unveils plans to sell up to $64.5bn of new stock, in one of the world's largest share offers.

HSBC may quit its London headquarters if the UK government decides to break up big banks, a senior executive says.

Economists remain divided over the merits of spending cuts

The United Nations' food agency calls a special meeting of policy makers to discuss the recent rapid rises in food prices.

Global food prices have reached a 20 year high and there are concerns they could climb even further after Russia decided to extend its ban on wheat exports.

The US economy shed another 54,000 jobs in August, the third month in a row that jobs have been lost, official figures show.