What made the business news in Asia and Europe this morning? Here's our daily business round-up:
It said that lenders were squeezing profits out of people whose mortgages were standard variable rate ones, with interest rates of 6% in some cases, 12 times the record low base rate of 0.5%.
The panel voted 7-2 in favour of leaving borrowing charges where they were, despite inflation at double the target of 2%.
The Australian carrier agreed to accept 95m Australian dollars ($100m; £62m) for a mid-air blast incident in a Rolls-Royce engine which lead to the grounding of the Qantas fleet of superjumbos.
The compensation helped boost Qantas' pre-tax profit for the year ending 30 June 2011 to between A$500-550m.
Shares fell 10% after it said falling demand in western Europe would hit second-quarter profits.
The budget fashion chain, which is the world's second-largest fashion retailer, said its gross profit margin fell from 65.9% a year ago to 61.7% and profits were down 18% in the second quarter.
Finally, we return to the burning issue of Greece. Today's Business Daily podcast asks: Should Greece default on its debts and leave the euro? Listen in to hear of the sacrifices being made in Athens - and the options open to the struggling country.