economy

BP has revived the sale of its fields in Alaska after failing to dispose of them to Apache of the US earlier this year. The UK oil group is hoping to sell part of its stake in Prudhoe Bay, the giant Alaskan field, according to banking sources
2010 09 05

The chancellor will scrap the pre-Budget report this year in a break with Gordon Brown’s era and a signal of a return to more normal economic policymaking
2010 09 05

Speculation grows over potential merger targets – and whether deals would be beneficial
2010 09 05

Lady Ashton, the European Union’s foreign policy chief, has been urged by David Cameron to rein in the diplomatic corps budget amid worries the project could clash with the era of austerity
2010 09 05

Giulio Tremonti, finance minister, has conceded that the government must take fresh steps to improve the sluggish growth rate as Italy tries to emerge from the financial crisis
2010 09 05

The chancellor has denied ’losing his nerve’ in a simmering dispute with bankers over bonuses, insisting he will press ahead with plans to make public the number of employees earning more than £1m a year
2010 09 05

President is to ask Congress to expand and make permanent a tax credit for research and development to boost a flagging economic recovery
2010 09 05

Agreement will extend the lifetimes of the country’s nuclear power stations substantially, while boosting renewable alternatives
2010 09 05

Prices of Certified Emission Reductions are at a four-month high over concerns that developing nations were deliberately overproducing HFC 23, a potent greenhouse gas
2010 09 05

Red meat is costing up to a third more amid concerns that prices will rise further in November
2010 09 05