BBC News Business UK

BAE Systems announces it is to axe almost 1,000 jobs across the UK, with 740 to go from five sites in England.

HM Revenue & Customs says it is impossible to tell how many taxpayers may have to pay interest as a result of tax errors.

Economist and former journalist Robert Chote is to become the new head of the Office for Budget Responsibility (OBR).

Striking pilots at Air Zimbabwe have began talks with management over a pay dispute that has grounded the carrier's flights.

The Bank of England keeps UK interest rates on hold at a record low of 0.5% for the 18th consecutive month.

Nick Clegg has sought to calm fears over the impact of spending cuts, insisting they will be spread over four years not implemented immediately.

Spain's government says it will keep labour market reforms agreed in June which make it cheaper to sack workers.

The United States has been overtaken by Sweden and Singapore in the World Economic Forum's (WEF) competitiveness survey for 2010-11.

Directors of big companies enjoy hugely generous pensions while cutting workers' pension entitlements, the TUC alleges.

Austria's gambling laws are under the scrutiny of the European Courts.

The outgoing boss of BP Tony Hayward is to be questioned by a committee of MPs over the Gulf of Mexico oil spill.

The UK's goods trade deficit widened to a record high in July after imports rose sharply and exports fell from the previous month.

Flintshire-based house-builder Redrow Plc reports a pre-tax profit of £700,000, a year after making a pre-tax loss of £44.2m.

Organisers of the 2014 Commonwealth Games unveil plans to keep athletes, spectators and staff moving during the event.

Home Retail Group, the owner of Argos and Homebase, says it expects half-year profits to be 25% lower because of falling sales.

The Korea National Oil Corp rules out an increased bid for Dana Petroleum, even though the Aberdeen firm says it is worth more.

Central bank governors and senior regulators are to impose tighter restrictions on the level of capital banks must hold as a buffer against future losses, the BBC has learnt.

Morrisons has announced half-yearly profit before tax of £410m, against profit of £359m a year before, an increase of 14%.

What impact are the spending cuts having in North Yorkshire?

Wall Street banking giant Goldman Sachs is fined £17.5m by the UK's financial watchdog.