Warning of election ‘power vacuum’
Craig TaylorThe CBI warns of the dangers to the UK economy of a “power vacuum” if there is no conclusive election result in May. BBC News – Business
Business
FTSE 100 surges to record high
Gains by building supplier CRH help the benchmark FTSE 100 index surge to an all-time record of more than 7,000. BBC News – Business
TSB agrees takeover by Spanish bank
TSB – the bank formerly owned by Lloyds – has agreed to a £1.7bn takeover by Spanish bank Sabadell. BBC News – Business
Savers targeted in election Budget
George Osborne unveils tax cuts for first-time buyers, workers and savers and claims UK is “walking tall again,” in his final Budget before the election. BBC News – Business
France and Germany join Chinese bank
France and Germany are to join the UK in becoming members of the Chinese-led Asian development bank, it has emerged. BBC News – Business
‘Radical’ rates review launched
A review of the business rates system in England has been launched, with its findings due in time for the Budget in 2016. BBC News – Business