Carney ‘too aggressive’ on rates threat
Craig TaylorA leading market figure tells the BBC the governor of the Bank of England has confused markets by suggesting interest rates may rise – and then rowing back. BBC News – Business
Business
Yahoo to cut its workforce by 15%
The internet company Yahoo is cutting its workforce by about 15% in an attempt to improve its profitability. BBC News – Business
Barclays fined over ‘dark pool’ trading
Barclays and Credit Suisse are fined a total of $ 154m (£108m) by US regulators for their US “dark pool” trading operations. BBC News – Business
Tax sales not profit, says Lawson
Companies should be taxed on their UK sales, not profits, former Conservative Chancellor Lord Lawson says, after the row over Google’s tax arrangements. BBC News – Business
Tesco ends 24-hour trade in 76 stores
Tesco is stopping offering 24-hour shopping at 76 of its stores – around one in five – as online shopping hits customer numbers. BBC News – Business
Europe ‘willing to probe Google deal’
The European Competition Commissioner says she is willing to investigate Google’s tax arrangements as the SNP write to the EC to complain. BBC News – Business