Russian rouble hits new all-time low
Craig TaylorRussia’s rouble has fallen to a fresh all-time low against both the dollar and the euro after the political turmoil in Ukraine intensified. BBC News – Business
Business
Half a million in negative equity
New figures show nearly half a million UK households are still in negative equity – meaning their homes are worth less than their mortgages. BBC News – Business
Energy firms told to hand back £400m
Energy regulator Ofgem has told the “big six” suppliers to hand back more than £400m of credit in customers’ closed accounts. BBC News – Business
RBS posts £8.2bn operating loss
The Royal Bank of Scotland, part-owned by the UK government, has posted an operating loss for the sixth successive year. BBC News – Business
EU sees recovery ‘gaining ground’
The European Commission says economic recovery is “gaining ground” in the EU as it revises up its growth forecasts for 2014 and 2015. BBC News – Business
Dixons and Carphone in merger talks
Dixons Retail, the owner of Currys and PC World, and mobile phone retailer Carphone Warehouse say they are in talks over a possible merger. BBC News – Business