Google defends its business as EU sanctions loom

  • 15 April 2015
  • From the section Business
Google logo image

At a press conference at 11:00 BST today, it is expected that the European Union's competition commissioner, Margrethe Vestager, will outline the case against Google's dominant position in the search market.

It is likely to allege that the technology firm uses that position to direct search traffic to its own businesses, such as Google Shopping.

Some people call that market abuse, a claim Google firmly denies.

Although this is a significant moment, as with anything to do with the European Union, it is another stage in a slow process which is likely to take a number of years to resolve.

I first reported on the launch of the investigation back in 2010 before the last general election.

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'The market is rigged' - Michael Lewis

  • 10 April 2015
  • From the section Business

In his seminal work on the role of high-frequency traders in global stock markets, Michael Lewis quotes Charlie Munger, Warren Buffett's right hand man.

Mr Munger said that high-frequency trading was "the functional equivalent of letting a lot of rats into a granary".

Read full article 'The market is rigged' - Michael Lewis

Co-op Group questions party political funding

  • 9 April 2015
  • From the section Business

The UK's biggest mutual organisation will vote on whether to stop financially supporting the Co-op Party, which has strong ties to Labour.

Politically, one of the most significant announcements alongside the Co-op Group's annual results is the publication of the motions to be put before the annual general meeting on May 16.

Read full article Co-op Group questions party political funding

Why mega-merger is so important for Shell

  • 8 April 2015
  • From the section Business
Tank B, Curtis Island, Queensland, Australia
BG Group has a strong presence in liquefied natural gas in Australia

It was President Barack Obama's chief of staff, Rahm Emanuel, who once said, "Never let a good crisis go to waste."

For the energy sector, the crisis this time is the falling oil price. At $58 a barrel for Brent crude, it is almost half the peak figure last year.

Read full article Why mega-merger is so important for Shell

Business dominates election campaign

  • 1 April 2015
  • From the section Business
Telegraph front page
More than 100 company leaders have declared support for a Conservative-led government

It may surprise many that the first week of the election campaign has been dominated by politics' relationship with business.

The reason? Whatever the "anti-business" feeling among some of the public - linked, of course, to the financial crisis - politicians believe that the backing of chief executives is a positive.

Read full article Business dominates election campaign

Bank of England puts global recession at heart of doomsday scenario

  • 30 March 2015
  • From the section Business
US trader looking shocked
Economic shock - Britain's banks are to be tested for a global economic downturn

The Bank of England has outlined its annual "stress test" - the exam Britain's major banks must go through to ensure they have enough available capital to withstand a global downturn.

After last year's test which focused on a collapse in house prices in the UK, this year's test will have a more international flavour.

Read full article Bank of England puts global recession at heart of doomsday scenario

Labour's big offer to business - Europe

  • 30 March 2015
  • From the section Business
Ed Miliband, Leader of Britain"s Labour Party

I am often asked what the business community wants from politicians.

A period of silence, is an answer many chief executives would give with a smile and a roll of the eyes.

Read full article Labour's big offer to business - Europe

Treasury to announce tax evasion clampdown

  • 19 March 2015
  • From the section Business
Tax dodging protestors

Details are starting to come out about Government plans to overhaul the law on tax evasion.

I am told that an announcement will be made in Parliament this morning about a two pronged attack on the issue.

Read full article Treasury to announce tax evasion clampdown

Budget 2015: Happy oil workers, angry bankers

  • 18 March 2015
  • From the section Business
Oil platform, Bank Street sign

If you work in the North Sea oil and gas sector today was a good day.

The 10% tax cut - first revealed in my Business Blog on Monday - was welcomed by the sector.

Read full article Budget 2015: Happy oil workers, angry bankers

Budget 2015: The four things business will be looking out for

  • 18 March 2015
  • From the section Business
George Osborne

At 12.30 today, the Chancellor of the Exchequer will rise to his feet for the final Budget of this government.

Of course, much of what will follow over the next hour will focus on the politics and economics of the occasion, and my colleague Robert Peston has blogged on that.

Read full article Budget 2015: The four things business will be looking out for