On Air Now: Steve Bradley
Friday
Business News
Around 2,500 jobs at collapsed firm Connaught have been saved after most of its social housing division was bought by construction group Morgan Sindall.
Defence giant BAE Systems is to axe more than 900 jobs from its military divisions.
The owner of the Argos and Homebase chains has warned its half-year profits will be down by as much as 25% as it battles tough trading conditions.
The UK economy has suffered a blow after figures showed the biggest ever gap between goods imported and exported.
Housebuilder Redrow says it hopes a range of newly-designed family homes will help maintain its revival after posting its first profits since 2007.
HMV has blamed the World Cup for a 15% slump in its UK and Ireland summer sales.
The interest rate is staying unchanged at 0.5% for the 18th consecutive month, the Bank of England has announced.
American banking group Goldman Sachs has been fined £17.5m by the UK's City regulator the Financial Services Authority.
Nearly one in eight shops is now vacant as the recession holds its grip on the UK, according to a new report.
The Bank of England is right to treat growth as the priority rather than see inflation as the key threat facing the economy, experts say.
