Latest Headlines
Advertisement
Login Form
Business
| Darling calls for pay restraint |
Chancellor Alistair Darling says pay rises for people "from the boardroom to the shopfloor" need to be "consistent" with the 2% inflation target.
He told BBC One's Andrew Marr show the need to keep inflation under control "applies to each and every one of us". He said above-inflation pay increases would be "extremely damaging". Mr Darling said the UK economy was "far better equipped" than in the 1970s, 1980s and 1990s but "despite that we are in for a tough time". | |
| Read more... |
Women's low pay 'behind poverty' 
Tackling the low pay of women is the key to ending child poverty in the UK, according to the TUC.
A third of women in work earn less than £100 a week but the figure falls to 14% for men, the TUC says.
| Vietnam to increase rice exports 
Vietnam is to raise rice exports as it tries to maximise the benefits of rising global prices while, at the same time, guarantee domestic supplies.
| ||
Nigeria 'shock' after oil attack 
Oil production at an oil installation off the Nigerian coast remains halted because staff are suffering from shock after a militant attack, officials say.The attack on the Royal Dutch Shell facility stopped about 10% of Nigeria's oil production. Shell also said the militants had damaged equipment. | Europe split over oil price plan 
European Union leaders have agreed to a 3-month study to find ways of cushioning the impact of soaring energy prices on the region's citizens.At an energy summit in Brussels, ministers discussed plans to ease the pain of record oil and gas prices on consumers and companies. | ||