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BBC News - Business

The latest stories from the Business section of the BBC News web site.

US job numbers show strong growth
The US economy created 243,000 jobs in January, while the unemployment rate fell to 8.3%, official figures show.
Work programme on track: Grayling
Around 20% of unemployed people who have been on the government's main welfare-to-work scheme, the Work Programme, for at least 6 months have been found a job, the BBC has learnt.
New Virgin staff pay for checks
Virgin Atlantic is forcing successful job applicants to pay for their own criminal record checks, Radio 4's Money Box reveals.
High Streets bid for £1m funding
The government is looking for 12 run down High Streets in England to share £1m as a part of plans proposed by TV retail guru Mary Portas.
Annuity sales 'unfair and opaque'
The way annuities are sold is costing half a million retirees each year as much as £1bn in future pension income, the National Association of Pension Funds says.
RBS boss calls for pay correction
The chairman of 82% taxpayer-owned Royal Bank of Scotland (RBS) says banker pay has been "high for too long" and needs to be corrected.
Europe hit by Russia gas shortage
Freezing weather sweeping across Europe is causing a shortage of vital Russian gas supplies to several countries, officials say.
Apple overturns Motorola's ban
Apple is granted a suspension of a sales ban imposed on some of its iPads and iPhones in Germany.
Service sector sees strong growth
The UK's service sector grew at its fastest rate since March 2011 in January, according to a closely watched survey.
1.1 million face £100 tax fines
Just over one million taxpayers face a penalty of £100 for failing to submit their self-assessment tax returns on time, HM Revenue and Customs says.
Personal insolvencies 'down 11%'
Fewer people were declared insolvent in 2011 in England and Wales than in 2010, but the number of companies going bust increased.
BT cuts costs to increase profits
Telecoms group BT reports a sharp rise in profits, thanks largely to a jump in the number of broadband users.
UK recession looms, says report
The UK will enter recession in the first half of the year as households continue to cut back, says the National Institute of Economic and Social Research.
Score draw in TV football case
The Premier League and the importers of foreign satellite TV decoder boxes and cards are both claiming victory after their latest court battle
Game shares soar on lending deal
Shares in video game retailer Game Group soar by 40% after lenders revise the firm's banking arrangements.
Eurozone service sector growing
The eurozone's service sector grows for the first time in four months, although Spain and Italy continue to struggle.
'Sale and rent back' closed down
The sale and rent back industry has been almost completely closed down, says the Financial Services Authority.
Mobility aid sellers in spotlight
Action has been taken against mobility aids traders following a warning from the regulator over sales of the products.
Uganda signs oil production deal
Oil production is set to start in Uganda after a deal is signed between the government and London-based Tullow oil, which also draws in Chinese and French firms.
Cold front ad for Mini backfires
An advertising agency for BMW pays to name Europe's cold weather "Cooper" in Germany, after the firm's Mini Cooper car, but the stunt backfires.