BBC Business News

BBC News - Business
The latest stories from the Business section of the BBC News web site.

• CBI seeking 'targeted' tax cuts
  The CBI calls on the government to give a £500m boost to business in the Budget through a series of "targeted and modest" tax cuts.
• Peugeot boosted by alliance talks
  Peugeot shares jump 12% after the carmaker confirms it is in talks about possible "co-operations and alliances".
• Peacocks sold but 3,100 jobs lost
  Fashion retailer Peacocks is sold out of administration to Edinburgh Woollen Mill, saving 6,000 jobs, but 3,100 staff will be made redundant.
• Greek MPs consider bailout laws
  Protests take place outside parliament in Greece, as MPs consider emergency laws after a 130bn-euro bailout deal.
• Bank members voted for £75bn QE
  Minutes show two of the Bank of England's Monetary Policy Committee wanted more money pumped into the economy, sending sterling down on the currency markets.
• Hotels chain to create 3,000 jobs
  Intercontinental hotels, which owns the Holiday Inn and Crown Plaza hotel brands, says it will create 3,000 jobs in the UK.
• Obama seeks US corporate tax cut
  US President Barack Obama proposes a cut in corporate tax and an end to tax loopholes, as part of his election-year strategy on the economy.
• Air Asia hit by high fuel costs
  Malaysian budget airline Air Asia reports a 56% fall in fourth-quarter profit, hurt by higher fuel costs.
• South Korea wins Navy tanker deal
  The Royal Navy selects South Korean firm Daewoo for a £452m deal to build four new fuel tankers.
• PPI payments 'hit £1.9bn in 2011'
  Banks paid out £1.9bn in compensation in 2011 for the mis-selling of payment protection insurance, a watchdog says.