Economy
Starbucks told to hand back $100m
Coffee shop empire Starbucks has been ordered by return tips totalling $100 million to its workers.
 
Carter & Carter shareholders left empty-handed
The administrators of Carter & Carter have said that shareholders should not expect a penny.
 
Bank of England voted 7 – 2 on rates
Minutes of the Monetary Policy Committee's March meeting reveal differences of opinion.
 
R&D expenditure up in 2006
In 2006, the UK’s gross domestic expenditure on research and development (R&D) was £23.2 billion.
 
Job vacancies hit new record
The trend in the employment rate is increasing but unemployment and inactivity rates are falling.
 
Consumer inflation hits 2.5%
CPI annual inflation was 2.5 per cent in February, up from 2.2 per cent in January.
 
Sun and bonuses boost retail spending
Retail sales in Central London in February were 10.5 per cent higher than a year earlier.
 
Data storage joins inflation basket
Changes have been announced to the ‘basket of goods’ used to calculate the Retail Price Index.
 
Public remains wary of official statistics
Trust in official figures has not improved significantly since 2005, a survey shows.
 
UK businessman jailed for Iran exports
A businessman has been jailed for 18 months for illegally exporting navigation devices to Iran.
 
Yahoo! to quit UK for Swiss tax haven
Internet firm Yahoo! is preparing to move its European headquarters from London to Geneva.
 
Financial services hiring holds firm
London’s financial services are still hiring, albeit at a slower pace than this time last year.
 
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