Kamal Ahmed

Kamal Ahmed Business editor

Welcome to the Business Blog – my latest take on the major business stories and analysis of the facts behind the headlines

Royal Mail and Lloyds proves selling government assets is harder than you think

  • 18 December 2014
  • From the section Business
Royal Mail sorting office

I remember chatting to a government minister shortly after the official announcement of the sale of Royal Mail in the autumn of 2013.

"Urenco will be next," the minister confidently predicted, referring to the nuclear reprocessing business jointly owned by the UK and Dutch governments and two energy firms in Germany.

"Next year," he predicted with a final flourish.

Well, that next year (2014) has come and almost gone and the chances of the government selling its £3bn stake in Urenco appears to be about as far down the track as it was when I had that conversation.

That is, not very far.

Read full article Royal Mail and Lloyds proves selling government assets is harder than you think

No big bang for Lloyds share sale

  • 17 December 2014
  • From the section Business
Lloyds

The UK government has decided to go for a "bit-by-bit" strategy for selling off the rest of its stake in Lloyds Bank.

Rather than sell its 25% stake in one go, it will sell off small parts, reducing its stake to 20% over the next six months.

Read full article No big bang for Lloyds share sale

Co-op Bank fails stress test and Lloyds and RBS remain at risk in 'severe economic downturn'

  • 16 December 2014
  • From the section Business
Bank of England

The Bank of England's doomsday economic scenario has left three of Britain's major banks under some stress.

But only one, Co-op, has actually failed the test of what would happen if there were an economic crisis in the UK.

Read full article Co-op Bank fails stress test and Lloyds and RBS remain at risk in 'severe economic downturn'

BT’s competitors plot regulatory backlash

  • 15 December 2014
  • From the section Business
BT logo

With BT's management working feverishly to complete a £10bn deal to buy a mobile telephone company, it is worth noting that their competitors are unlikely to sit idly by and watch the deal go through.

As has been widely reported, BT is close to entering the key "exclusivity" stage of the deal to buy either O2 (22 million mobile phone customers in the UK) or EE (24.5 million).

Read full article BT’s competitors plot regulatory backlash

Financial regulator in hot water

  • 9 December 2014
  • From the section Business
Martin Wheatley
Martin Wheatley, head of the FCA

The report into the fiasco of the Financial Conduct Authority and a mishandled announcement that led to billions of pounds of value being wiped from insurance companies' share price will be published tomorrow.

And it will not make for comfortable reading for the chief executive of the FCA, Martin Wheatley.

Read full article Financial regulator in hot water

How far will Osborne go on the 'Google tax'?

  • 3 December 2014
  • From the section Business
Copy of the Autumn Statement

At the Conservative Party conference in the autumn, the Chancellor could not have been clearer.

"You are welcome here in Britain with open arms," George Osborne said to technology companies including Google, Amazon and Facebook.

Read full article How far will Osborne go on the 'Google tax'?

GSK hails Ebola vaccine breakthrough

  • 26 November 2014
  • From the section Business

The devastation of the Ebola outbreak in parts of West Africa has been one of the most shocking and distressing stories of the year.

Tonight there is a glimmer of hope - the first evidence that a vaccine could be available for health workers and others battling to bring the virus under control.

Read full article GSK hails Ebola vaccine breakthrough

Royal Mail in the spotlight on the threat to the universal postal service

  • 26 November 2014
  • From the section Business
A postman returns to his Royal Mail delivery vehicle

Blinking into the spotlight, this morning Moya Greene will for the first time appear in public to make the case about why the universal, UK-wide postal service is in imminent danger.

At 9.30am the chief executive of Royal Mail is due before the Business Select Committee in the House of Commons.

Read full article Royal Mail in the spotlight on the threat to the universal postal service

The housing market is cooling - Nationwide

  • 25 November 2014
  • From the section Business
For sale sign

I have just got off the phone to Graham Beale, the chief executive of Nationwide, about his results this morning that show gross and net mortgage lending down.

He explained the two trends which are influencing the housing market.

Read full article The housing market is cooling - Nationwide

Will BT’s move mean cheaper mobile phone calls for all?

  • 24 November 2014
  • From the section Business
Mobile phone

Gavin Patterson, the chief executive of BT, is eyeing two big market developments in mobile over the next two years which he wants his business to lead.

Cheaper mobile delivery via BT's 5 million wifi hotspots and "quad play" - where a provider offers customers television, broadband, landline and mobile all in one package.

Read full article Will BT’s move mean cheaper mobile phone calls for all?

Latest Tweets

More Correspondents

  • Robert Peston, economics editor Robert Peston Economics editor

    Latest on events, trends and issues in the economy


  • Linda Yueh Linda Yueh Chief business correspondent

    The latest on global business and the world economy


  • Peter Day Peter Day Global business correspondent

    A sideways look at the big trends upheaving the world of work


About Kamal

Kamal joined the BBC after four and a half years as business editor of the Sunday Telegraph's award-winning team. He also helped launch the Telegraph's annual festival of business, the major conference for small and medium sized enterprises. Before that, Kamal worked at The Observer as head of news and earlier, as its political editor.

His love of journalism started at Leeds Student, Leeds University's student newspaper, where he first tasted life as a reporter in a basement office with no windows. Essential workplace furniture included half-drunk pints of beer with cigarettes stubbed out in them. In those days, you needed a strong constitution to be a volunteer hack.

BBC © 2014 The BBC is not responsible for the content of external sites. Read more.

This page is best viewed in an up-to-date web browser with style sheets (CSS) enabled. While you will be able to view the content of this page in your current browser, you will not be able to get the full visual experience. Please consider upgrading your browser software or enabling style sheets (CSS) if you are able to do so.