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McDonald’s declared unsanitary and unhealthy by Russian food standards

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The consumer protection agency is taking McDonald’s to court following increasing tensions between the US and Russia Continue reading…

Beny Steinmetz associate jailed over African investigation obstruction

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Frederic Cilins admits attempting to obstruct probe into allegations that government officials were paid bribes Continue reading…

Chicken factories inspected by FSA as Tesco reveals surprise spot check

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Sources reveal measures being taken to clean up production, but company denies allegations of food safety failings Continue reading…

SFO to pay property developer Vincent Tchenguiz £6m over botched inquiry

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Settlement for damages and costs relates to investigation in to Icelandic bank Kaupthing, which collapsed in 2008 banking crisis Continue reading…

A surprise boost for RBS, but let’s not bet the (mortgaged) ranch

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Meanwhile at BSkyB, James Murdoch makes a bold move Continue reading…

Tunnock’s sales take the teacake after Commonwealth Games ceremony

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Confectionery firm ‘bowled over’ as Waitrose reports 62% sales rise after giant dancing teacakes feature in opening event Continue reading…

Fresh boost for George Osborne as economy recovers banking crisis losses

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UK economy grows by 0.8% in second quarter, but Labour says standards of living still being squeezed Continue reading…

UK economy finally above pre-crisis peak, as GDP rises by 0.8% in Q2 – business live

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Live coverage of the latest GDP data, showing that the UK economy is, at long last, larger than in 2008 Summary: UK economy over pre-crisis peak, but….. UK economy grew by 0.8% in April-June quarter <- highlights start here On a per capita basis, GDP is still below the peak Service sector surged, but construction [...]

Supermarkets forced to abandon plans for new stores as shopping habits shift

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Study shows 25% of UK stores having planning permission cancelled or stalled as consumers choose to shop more locally Continue reading…

Virgin Money to repay £154m of Northern Rock financing package

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Banking arm of Richard Branson’s group to buy back capital notes the government received at the time of the acquisition Continue reading…

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