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bulletBristol Business News


More defaults expected on loans

Defaults on loans have risen and are expected to increase in the coming months, a Bank of England survey finds.


Feed the poor

Welfare costs to strain India's budget


US job losses worse than thought

The number of jobs lost in the US last month came in at 467,000, which is much more than had been expected.


BA to cut spending by one fifth

British Airways says it is to reduce capital spending by 20% as it faces falling passenger numbers.


California in 'fiscal emergency'

Governor Arnold Schwarzenegger declares a fiscal emergency in California to deal with a $24.3bn (£14.5bn) deficit.


Construction sees slowdown

The UK construction sector is expected to shrink by 16% in 2009, according to an industry body.

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