London business news

Business news from the BBC web site:

Moscow tops list of pricey cities
Moscow tops the league of the most expensive cities to live in for expatriates, followed by Tokyo and London.

Vectra replacement draws battle lines
Vauxhall's Vectra replacement, Insignia, is on show for the first time at the London motor show as its parent company General Motors fights for its survival.

Are mortgages as safe as houses?
The head of a team tackling mortgage fraudsters says they are increasingly being kicked out of the industry and fined.

Fraud gangs 'targeting students'
Criminal gangs are trying to recruit UK students to sell fake shares in so-called boiler room scams, the BBC learns.

Frankfurt Market Report
Frankfurt Market Report

London Market Report
London Market Report

Airport ditches Concorde for newer model
A model of the double-decker Airbus replaces Concorde at Heathrow Airport in London.

MPs pass Crossrail project bill
The £16bn Crossrail scheme to build a railway link through London is on track after a crucial bill is passed by MPs.

New Northern Rock boss appointed
Northern Rock appoints Barclays' Gary Hoffman as its new chief executive as the last original board member leaves.

Investing in the material world
While both the US and UK indexes for stocks and shares enter a bear market, one index has risen by 30% since last year - the Dow Jones AIG Commodities Cash Index.

Pioneering punk label makes return
After a 17 year absence the iconic Good Vibrations label is back.

Easy name curry house climbs down
An Indian restaurant threatened with court action by a multi-million pound firm drops "easy" in its name.

Clubbing together to beat the big boys
Independent bookshops club together to boost their buying power so they can compete with the big chains.

Oil prices fall to six-week low
The price of oil hits a six-week low as US demand slides and a hurricane in the Gulf of Mexico takes a favourable course.

Falling beer sales hit Enterprise
Falling beer sales and the need to help struggling landlords puts pressure on profits at Enterprise Inns.

Cashpoint to issue only £5 notes
A cash machine which only gives out £5 notes is being introduced in east London.

'Dramatic surge' in fuel thefts
The RAC reports a huge rise in the number of fuel thefts from vehicles since the start of the year.

Mayor may cut GLA budget by 15%
London's mayor proposes to cut the Greater London Authority's (GLA) expenditure by 15%.

'Easy' threat to £5 curry house
An Indian restaurant is threatened with court action by a multi-million pound firm over use of "easy" in its name.

Country profile: Zimbabwe
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