Fleet Street: Last journalists leave former home of national papers

The Bank of England has cut interest rates to a record low of 0.25%. The BBC’s economics editor Kamal Ahmed tells us why.

FTSE 100 rises and pound drops on rate cut
The 100 share index makes a 1% upward swing on rate cut and the pound falls by around 1% against the dollar and the euro.

UK interest rates cut to 0.25%
The Bank of England has cut interest rates from 0.5% to 0.25% – a record low and the first cut since 2009.

Promises kept and broken
Rio has invested heavily in transport, tourism and sports venues ahead of the 2016 Olympic Games, but many problems were not addressed, says the BBC’s South America Business correspondent Daniel Gallas.

Strong yen weighs on Toyota profits
Japanese carmaker Toyota reports a 15% drop in first quarter net profit with the strong yen weighing down the company’s exports.

Ladbrokes profits up strongly on ‘bookie friendly’ results
Bookmaker Ladbrokes reports a return to profit for the first six months of the year to £25.2m as the “sporting gods”‘ back the bookies.

Net overload ‘sparks digital detox for millions of Britons’
More than half of people in the UK feel hooked by digital devices, leading many to take days, weeks or even months away from their screens, says a study.

Indian parliament backs key tax bill
India’s parliament has passed the much-awaited Goods and Services Tax (GST) bill. The bill aims to streamline India’s fragmented tax system with a single levy.

Nike to stop selling golf equipment
Nike will stop selling golf clubs, balls and bags after years of falling sales at its golf division.

Trump Taj Mahal casino to shut down after years of losses
Trump Taj Mahal, the Atlantic City casino, founded by Republican presidential nominee Donald Trump but no longer under his ownership, will shut down after years of losses.

Township entrepreneurs
A look at the young entrepreneurs trying to boost the economy and employment in South Africa’s townships.

Are we hooked on being connected online?
We may like our holidays and weekends away from the daily grind – but do we actually like to switch off our smartphones and tablets as well?

21st Century Fox reports strong quarterly profits
Strong advertising sales at its cable TV division helped 21st Century Fox deliver stronger than expected quarterly profits.

Call for supermarket price offers on healthy food
Supermarkets should concentrate their price promotions on healthy food to assist in the battle against obesity, according to consumer group Which?

First UK interest rate cut in seven years expected
The Bank of England may cut UK interest rates for the first time in more than seven years on Thursday.

Vibrations bring still photos to life
Photographs in which still objects can be manipulated are developed at the Massachusetts Institute of Technology (MIT).

Moon Express cleared for lunar landing
Moon Express becomes the first private firm to win US approval for an unmanned mission to the moon.

Goldman Sachs fined over use of confidential documents
Goldman Sachs has been fined $36.3m (£27m) by the Federal Reserve for its use of confidential documents improperly obtained from the central bank.

Tesla reports deepening losses
Tesla reported a loss of $293m (£220m) for the second quarter, the electric car maker’s thirteenth consecutive quarterly loss.

US cable firm Time Warner buys 10% stake in Hulu
Time Warner Cable has disclosed a 10% stake in the video streaming service Hulu as the company battles growing competition from Netfilx and Amazon.

World Bank president: Brexit ‘contributed to slow growth’
The president of the World Bank says Brexit has had a negative impact on the global economy, creating difficulties for developing countries

Tech-savvy targeted by ID thieves, says Experian
Nearly a quarter of identity fraud victims in the UK last year were tech-savvy mobile and social media users, according to a credit checking service.

First Utility on Ofgem proposals for UK energy market
Ofgem proposals “do not go far enough” says First Utility managing director Ed Kamm.

Self scanning in supermarkets significantly increases theft
A study shows that self service tills and mobile scanning significantly increases supermarket theft

Bitcoin drops more than 10% after security breach
The price of bitcoin falls more than 10% after the Hong Kong-based digital currency exchange Bitfinex says it suffered a major hack.

Saatchi boss Kevin Roberts resigns
Saatchi and Saatchi executive chairman Kevin Roberts resigns after becoming embroiled in a gender discrimination row.

FTSE 100 rises as Next reports higher sales
Retailer Next has led shares higher on the FTSE 100 index after reporting a rise in overall sales in the three months to the end of July.

UK services sector output falls sharply
The UK economy is contracting at its fastest rate since the financial crisis, making an interest rate cut “a foregone conclusion”, says financial data company Markit.

Ofgem energy shake-up ‘doesn’t go far enough’
Regulator Ofgem’s proposals to shake up the domestic energy market put “too much onus” on the customer and “do not go far enough”, says one energy company boss.

India parliament to vote on key GST bill
India’s parliament is due to vote on the much-awaited Goods and Services Tax (GST) bill, the country’s biggest tax reform since independence.

HSBC profits slide amid ‘turbulent period’
HSBC has reported a 40.9% fall in profit for the three months to June amid a “turbulent period” for the banking giant.

Will the Samsung Galaxy Note 7 take off?
Will Samsung’s latest phone – the Galaxy Note 7 – prove a success?

Japanese shares fall despite stimulus
Japanese shares trade lower on Wednesday continuing a global sell-off on markets in the US and Europe.

Pokemon Go makers face trespassing lawsuit
A lawsuit is filed against the makers of Pokemon Go over players trespassing on private property.

Out in the cold
A unique course in Eskimology taught at the University of Copenhagen has stopped admitting new students after funding cuts.

Southern rail: Jeremy Corbyn calls on government to renationalise
The government should renationalise Southern, following weeks of disruption for rail passengers, Jeremy Corbyn says.

AIG to buy back $3bn in shares as pressure mounts for break-up
US insurance giant American International Group (AIG) reveals plans to buy back $3bn in shares as it fights calls to break itself up.

Brexit ‘means economy faces 50/50 recession chance’
The UK has a 50/50 chance of falling into recession within the next 18 months following the Brexit vote, says a leading economic forecaster.

Foreign home buyers face new tax in Vancouver area
A 15% property tax on foreign real estate buyers in Vancouver takes effect in an effort to create more affordable housing in Canada’s most expensive property market.

US car shares fall on poor sales data
Shares of US car makers fell 4% after data for July sales came in below analysts expectations.

Violent outbursts at Doncaster HS2 meeting
Trouble flares at a meeting about the HS2 route through South Yorkshire, resulting in residents grappling on the floor.

Tullett Prebon creates 300 Belfast jobs
A London financial services company is to create 300 new IT jobs in Belfast.

Byron burger reaction is hysteria says Oliver Peyton
The reaction to the Byron burger restaurant chain’s treatment of illegal immigrants is “hysteria”, according to restaurateur Oliver Peyton

Japan’s cabinet approves stimulus package