Archive for the ‘ Business ’ Category

Japanese carmaker Toyota says it will add a brake-override system to all new cars as it seeks to recover from a global recall.

Data due out later is expected to show that UK inflation rose above 3% in January, caused by the VAT rise and higher petrol prices.

The government must act more quickly to cut Britain’s huge budget deficit, a group of economists says.

Barclays is to pay staff bonuses adding up to more than £2bn, the BBC learns - two days ahead of the bank’s annual results.

Toyota is to recall 8,000 Tacoma pick-up trucks in the US due to concerns about front drive shafts.

Eurostar comes in for tough criticism over its handling of the crisis that severely disrupted its services before Christmas.

EU leaders say they are ready to shore up Greece’s finances and ensure eurozone stability - but there is no specific aid pledge.

A European summit will discuss whether to bail out Greece - whose crippling debts and lack of probity threaten to tip it out of the eurozone.

Toyota will extend working hours to fix potentially sticking pedals on 180,000 UK vehicles - but warns it could take a month.

Toyota recalls thousands of Prius cars worldwide because of braking problems, in the latest blow to the world’s largest carmaker.

Shareholders in UK companies saw their dividend payments cut by £10bn last year, according to a report.

Toyota is to recalling the latest model of its flagship Prius cars because of braking problems, reports from Japan say.

The former attorney general says he “strongly supported” the plea bargain made by BAE Systems to end corruption investigations.

Defence group BAE Systems is to pay fines of £280m after pleading guilty to criminal charges in Britain and the US.

Concern about the US economy and debt problems in Europe lead to large falls in many stock markets, while oil prices also drop.