Global economy woes hit markets
Craig TaylorShares around the world see further falls, sparked by renewed fears over the health of the global economy. BBC News – Business
Business
More UK households expect rate rise
The majority of UK households now expect an interest rate rise within 12 months, an influential survey says, while a Bank of England policymaker predicts they will go up “pretty soon”. BBC News – Business
Rail fares ‘rise faster than wages’
Rail fares have risen nearly three times faster than wages over the past five years, new analysis suggests. BBC News – Business
Insurers charge ‘eye-watering’ fees
Some car insurance companies are charging “eye-watering” fees on top of annual premiums, according to the consumer organisation, Which? BBC News – Business
‘Flash crash’ trader freed on bail
A UK financial trader accused of contributing to the 2010 US “flash crash” is freed after his bail conditions were changed. BBC News – Business
Asda to increase price it pays for milk
Asda is to increase the price it pays its milk supplier to “a level that will assist farmers during the current crisis”, the supermarket says. BBC News – Business