Business

Morrisons supermarket confirms a £170m 25-year tie-up with Ocado, sending the online grocer's shares soaring and potentially enraging its former exclusive partner Waitrose.

The UK arm of internet shopping giant Amazon received more money in government grants than it paid in UK corporation tax in 2012, according to new figures revealing the internet giant's accounts.

The HS2 high-speed rail project has an estimated £3.3bn funding gap which the government has yet to decide how to fill, a report from a Whitehall spending watchdog says today.

Walmart will not join a group of European retailers in a pledge for higher safety standards and puts forward its own safety plan. But Channel 4 News hears Walmart is merely "accepting the status quo".

Unemployment increases for the third time in a row, amid warnings that there are likely to be more job losses in the months ahead.

The problem with the Bank of England's quarterly inflation report - presented for the last time this week by Sir Mervyn King - is that it feeds the idea that the governor has all the answers.

BP and Shell offices are raided by inspectors after allegations of collusion over price-fixing, which regulators say may have pushed up the price of petrol over the last ten years.