Got a TV Licence?

You need one to watch live TV on any channel or device, and BBC programmes on iPlayer. It’s the law.

Find out more
I don’t have a TV Licence.


  1. David Cameron accused of shares 'hypocrisy'
  2. Bonmarche shares fall 10% on gloomy outlook
  3. Deal for Scunthorpe steel plant could come by Monday
  4. Shares in Uniqlo owner Fast Retailing slump on profit warning

Live Reporting

By Tom Espiner

All times stated are UK

Get involved

  1. Good night

    That's all for tonight from the Business Live page. Join us again from 06:00 on Monday for more business news.

  2. US markets end week higher

    The Dow Jones Industrial Average was up 35 points at 17,576. The Standard & Poor's 500 index was 4 points higher at 2,046. The Nasdaq rose 2 points to 4,850. 

  3. S&P and Dow gain on surge in oil prices

    A sharp rally in crude oil drove gains on the S&P 500 and the Dow near the close, but a fall in healthcare and technology stocks pushed the Nasdaq into negative territory.

    Oil prices jumped more than 6% after data showed drawdowns in U.S. stockpiles, suggesting underlying strength in the economy as demand for energy picks up.

  4. TransCanada says Keystone pipeline leak occurred in South Dakota

    TransCanada said it ha found the leak on its 590,000 barrel per day Keystone crude pipeline. It is near its Freeman pumping station in Hutchinson County, South Dakota.

    "Crews safely excavated soil to expose more than 275 feet of pipe in order to find the leak," the company said.

    TransCanada said it was looking at an appropriate repair method with the Pipeline and Hazardous Materials Administration and would work with the agency on returning the pipeline, which was shut over the weekend after the leak, to service.

  5. Iceland government beats no-confidence vote

    Snow covered mountains just outside of Reykjavik

    Iceland's parliament has rejected an opposition motion of no-confidence in the coalition government, which is struggling to shake off revelations from the leaked Panama Papers which have already led to the Prime Minister stepping  down. The motion was rejected by 38 votes to 25.

  6. Panama and France finance ministers to meet to discuss cooperation

    Panama's President Juan Carlos Varela has spoken to French counterpart Francois Hollande following a diplomatic standoff over a mass data leak.

    They have agreed their finance ministers should meet to discuss cooperation.

    Panama's government said in a statement the pair had proposed the meeting take place in Paris.

    Panama warned earlier this week it could retaliate after France announced it would put the Central American nation back on its blacklist of uncooperative tax jurisdictions, following a major leak of documents from a Panamanian law firm. 

  7. Goldman Sachs pays chief executive Blankfein $22.6m in 2015

    Goldman Sachs Group paid chief executive Lloyd Blankfein $22.6m in 2015, according to a regulatory filing.

    Believe it or not, that is a decline in pay - his first in four years.

    Mr Blankfein received $24m for 2014.

    Now whatever will he do without that extra $2m?

    In 2014, US median household income was $51,939.

  8. Hollande urges Panama to respond to tax enquiries

    French President Francois Hollande

    French President Francois Hollande has urged Panama's President Juan Carlos Varela to help French tax authorities following the Panama Papers leaks.

    "The President strongly encouraged Panama to respond to the demands for information from the French tax authorities," Mr Hollande's office said.

  9. US to appeal New York iPhone data case

    iPhone 5S

    The US Justice Department has said it will move ahead with an appeal of a court ruling blocking the government from forcing Apple to help unlock an iPhone in a drug case in New York.

    In a letter filed in federal court in Brooklyn, New York, the Justice Department said "the government continues to require Apple's assistance in accessing the data that it is authorised to search by warrant."

    The type of phone at issue in the Brooklyn case is an iPhone 5s. Yesterday FBI director James Comey said the agency's method for unlocking an iPhone 5c used by one of the San Bernardino killers will not work on other models.

    An Apple lawyer said the firm was disappointed, but not surprised. 

  10. Tata Steel 'very daunting' as a business prospect

    BBC News Channel

    Jon Moulton

    Tata Steel as a business prospect is "very daunting indeed" says venture capitalist Jon Moulton.

    Quote Message: The thing is losing money at a rate variously stated to be £1m or £2m a day, it's got something like a £2bn or £3bn pension hole if it's closed down, it's got something perhaps as much as £1bn to actually tidy up the site, clean up the soil if it's closed down. Nobody seems to believe that the existing blast furnace business is viable, and that the only real way ahead is to move it to electric arc furnaces and process scrap steel, which again needs something like a couple of billion pounds to do it. These are big numbers."
  11. Global tax officials call Panama Papers meeting

    Global tax officials will convene a special meeting next week "to explore possibilities of co-operation and information-sharing, identify tax compliance risks and agree collaborative  action, in light of the Panama Papers revelations".

    The meeting will be held in Paris on Wednesday 13 April, OECD said.

  12. Marriott and Starwood deal approved by shareholders

    A Marriott hotel in midtown Manhattan

    Starwood Hotels and Marriott International shareholders have approved Marriott's acquisition of Starwood to create the world's largest hotel company.

    Holders of more than 97% of Marriott shares and over 95% of Starwood shares voted in favor of the cash-and-stock deal, which was valued at $12.41bn .

    Last week China's Anbang Insurance Group walked away from its $14bn offer for Starwood Hotels, clearing the way for Marriott to buy the owner of Sheraton and Westin hotel brands.

  13. Caffe Nero staff lose free lunch after National Living Wage introduced

    Woman drinking out of a Caffe Nero cup

    Caffe Nero will no longer give its staff a free lunch when they are on shift, as part of a "pay review" introduced in response to the new National Living Wage.

    Employees were informed by letter that the perk would end on 11 April.

    The food allowance meant staff were entitled to get a panini.

    A Caffe Nero spokesperson told Newsbeat that a "big majority" of staff got a rise along with a "substantial discount" on food bought on shift.

    Read more here.

  14. Oil prices jump 6% as US stockpiles fall

    A motorist fills his car

    Oil prices have jumped 6%, and are heading for the largest weekly gain in a month.

    US crude stockpiles fell by nearly 5 million barrels last week, according to government data, whereas analysts had forecast stockpiles to increase by 3.2 million barrels.

    The shutdown of the Keystone crude pipeline that delivers oil to Cushing in Oklahoma also contributed to a drop of more than 480,000 barrels. 

  15. Jaguar Land Rover in talks to lease Silverstone

    Hector Barbera of Spain and Avintia Racing leads the field during the MotoGP race during the MotoGp Of Great Britain

    The British Racing Drivers' Club, which owns Grand Prix track Silverstone, is in talks to lease property to Jaguar Land Rover, which is owned by India's Tata Motors.

    The club, which owns the track and surrounding land, voted to continue discussions with JLR, the body said in a statement.

    "The potential deal ... would align Silverstone with two premier British brands and put the British Racing Drivers' Club on a stronger financial footing," a spokeswoman said.

  16. FTSE 100 records weekly gain helped by oil price rise

    The FTSE 100 share index has finished up on the week, helped by a jump in crude oil prices.

    The share index gained 1.08%, or 66.08 points, to stand at 6,202.97.

    Brent crude soared almost 6% to $41.77 per barrel. US crude jumped 6.4% to $39.65 per barrel.

  17. New PRA chief announced

    The facade of the headquarters of the Bank of England

    Sam Woods is to become the new chief executive of the Prudential Regulation Authority - the Bank of England subsidiary that regulates banks.

    He will succeed current boss Andrew Bailey on 1 July 2016 - he is moving to become chief executive of the Financial Conduct Authority (FCA).

    Chancellor George Osborne said:

    Quote Message: Sam has been one of the architects of the government’s crucial reforms to financial regulation – playing a key role in the work of the Independent Commission on Banking. I believe Sam is the best person to ensure that these vital reforms he helped design will be a success and to deliver a strong, secure and globally competitive regime for all financial services."
  18. Isle of Man to share offshore beneficial ownership details with UK

    The Isle of Man is finalising an arrangement to provide Isle of Man and UK law enforcement agencies with "adequate, accurate and current beneficial ownership information on all corporate and legal entities incorporated in their jurisdictions," the Manx government has said.

    It will set up a database of "beneficial ownership information", it added.

    Isle of Man Chief Minister Allan Bell said: "This has been achieved through ongoing constructive discussion and is an important demonstration of our long-standing partnership to tackle corruption, tax evasion and other serious criminality."

    The Isle of Man has relatively low taxes and this has encouraged an offshore financial sector that accounts for most of its GDP.

    Over many years the Manx government has made a concerted effort to cast off the island's reputation as a tax haven, signing tax information exchange deals with over a dozen countries.

    Its strategy was rewarded in April 2009 when it was included in an OECD "white list" of jurisdictions meeting international standards on taxation.

  19. UK economic growth in first quarter 'likely to be weakest since end of 2012' says Niesr

    The UK's economy probably grew at its weakest pace since late 2012 during the first three months of this year, the National Institute of Economic and Social Research (NIesr) has said.

    It estimated that the UK's economy grew at a quarterly rate of 0.3% in the first quarter, which would be the weakest rate of expansion since the it last contracted in the last quarter of 2012.