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Business News Headlines

Greece Crisis Threatens To 'Open Door To Hell'

Greece's former finance minister has told Sky News that if Greece reneges on its bailout deal with the EU and the IMF it will "open the door to hell". more

Petrol Price Wars: Good News At The Pumps

Hard-pressed motorists can expect more relief at the pumps with another supermarket chain announcing a cut in fuel prices. more

G8 Leaders Want 'Strong Eurozone' With Greece

G8 leaders have expressed hope that debt-stricken Greece stays in the eurozone and vowed to "take all necessary steps" to try to combat the deepening economic turmoil in Europe. more

Facebook Ends Flat On First Day's Trading

Facebook shares have ended flat on the first day of trading, dampening optimism over the hotly-anticipated debut for the world's biggest social network. more

A Facebook Billionaire? Not Me, Says Bono

Bono has denied claims he will become a billionaire - and the world's richest rock star - on the back of the Facebook flotation. more

'Greek Euro Exit Threatens UK Economy'

A Greek exit from the euro currency threatens to push Britain into a recession equal to that suffered after the 2008 financial collapse, the Government's chief economic forecaster has warned. more

Greek Students' Fears Over Uncertain Future

The hallways of the University of Law in Athens look like inner-city subways with slogans graffitied on the walls and even up the steps. more

Northern Rock Rescue 'Costs Taxpayer £2bn'

The rescue of the collapsed bank Northern Rock is likely to cost the taxpayer at least £2bn, a report has revealed. more

Leveson: News Corp Lobbyist To Give Evidence

News Corporation lobbyist Frederic Michel, whose discussions with ministerial aides have put Culture Secretary Jeremy Hunt under pressure to resign, will give evidence to the Leveson Inquiry next week. more

Parents Shoulder Bills For 40-Year-Old Kids

Adults in their 30s and 40s are increasingly becoming 'credit virgins' as their parents continue to pay their bills and take out loans on their behalf, according to new research. more