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Bank of England split 7-2 over interest rates; Royal Mail shares dive 8% – business live

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Royal Mail shares dive 8% on parcel fears Royal Mail operating profits down 21%. Bank of England MPC minutes released Continue reading…

Former Landsbanki chief executive given jail sentence

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Sigurjon Arnason, who led one of three Icelandic banks that collapsed in 2008, sentenced for market manipulation Continue reading…

Complaints to big six energy suppliers still rising, says Ofgem

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Regulator will start publishing quarterly figures as number of disputes looks set to exceed 2013’s total Continue reading…

FTSE slips back ahead of Fed minutes while Icap drops 10% after results

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Interdealer broker one of a number of companies to disappoint market with updates Continue reading…

New UN program tasks corporate boards with heading sustainability efforts

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For many companies, the board of directors is a barrier to sustainable practices. Can a United Nations initiative transform an opponent into an ally? Continue reading…

An artisan grain industry takes root in Maine

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To go into business, Somerset Grist Mill’s founders combined an old-fashioned mill with new forms of investment. The results are breathing new life into the state’s once-faded grain economy Continue reading…

Shares in French nuclear group Areva plunge on financial target suspension

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The shareholder in the Hinkley Point C scheme in Somerset has reported a series of financial losses in recent years Continue reading…

US safety regulator accuses Takata of dragging feet on recall of potentially lethal air bags

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Recall has targeted hot and humid areas where the air bags are likelier to fail Five deaths including four in the US have been linked to the company’s air bags Takata has already set aside $750m for recall-related costs Continue reading…

Waterless toilets turn human waste into energy and fertiliser

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A number of innovative projects have set out to capture the valuable nutrients available in human faeces and make a profit from poo Continue reading…

George Osborne to receive first feedback on challenge against EU bonus cap

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The final judgment, which is expected in February, will have implications for bankers’ bonuses Continue reading…