Cloned Cattle Meat and Milk 'Safe to Eat'

Link to the article: Channel 4 News

Selling meat and milk from cloned animals and their offspring is a step nearer after a team of government advisers said it is safe to consume, writes science Correspondent Julian Rush.

Highly controversial, embryos of cloned animals are used to breed livestock, but this practice came under intense scrutiny during the summer when it emerged meat and milk from the offspring of cloned cows had reached UK shops.

Why should you care about currency wars?

Link to the video: BBC News

As global economies struggle to emerge from the worldwide credit crunch, the pressure is on countries to make their currencies as competitive as possible.

The BBC's economics editor Stephanie Flanders explains the background to the so-called 'currency wars', one of the big issues to be addressed at the G20 summit in Seoul.

UK Economic Growth Better Than Expected

Link to the article: Channel 4 News

UK economic growth in the third quarter grew by a better than expected 0.8 per cent. Our Economics Editor, Faisal Islam says it's the best day of news for George Osborne since he became Chancellor.

Unions Condemn Spending Review Job Losses

Link to the article: Channel 4 News

George Osborne said it was the day Britain stepped back from the brink. But union leaders tell Channel 4 News the spending review will lead to "wholesale unemployment".

The Chancellor confirmed that almost 500,000 public sector jobs were set to be axed as a result of the spending review, leading to warnings from union leaders that the UK was being condemned to "unnecessary wholesale unemployment".

Unison described the cuts as "ideologically driven" and accused the Government of failing to consider that there was a fairer alternative.

IMF fails to curb currency war fears

OCT.11 - Fears of an international currency war grow as International Monetary Fund weekend meeting fails to tackle tensions in money markets.Penny Tweedie reports.

Microsoft unveils new phones

Oct 11 - Summary of the early headlines: Microsoft aims to restart mobile phone unit; Wall Street expecting big bonus. Conway G. Gittens reports

Mixed fortunes for euro zone output

Reuters Video

Virgin spaceship's first solo flight

Oct 11 - The world's first commercial spacecraft, operated by Virgin Group, successfully completes its inaugural solo test flight.

Emerging economies snap up big brands

Link to the article: Financial Times

By Louise Lucas in London

Emerging market buyers are swooping on food and drink assets in the developed world – in some cases relieving private equity investors of holdings that have already been shuffled between sponsors.

Bright Food of China is in exclusive talks to buy United Biscuits from private equity owners Blackstone and PAI Partners in a deal that would value the maker of British favourites such as Jaffa Cakes and Twiglets at £2.5bn ($4bn), it emerged last month.

Bank of England: Savers Should Eat Into Cash

Link to the article: Channel 4 News

Exclusive: Bank of England Deputy Governor Charlie Bean tells Channel 4 News Britain's savers should "eat into" their reserve cash now to help them survive historically low interest rates.

Link to the article: Chnnel 4 News


The economic euphoria of the 'go go years' quickly turned to bust as the credit crisis rocked banks and entire continents. But what lessons have been learned by global finance?

Google reveals TV plans

Sep. 7 - The internet search giant Google is planning to launch its TV service in the U.S. this autumn according to Chief Executive Eric Schmidt. (00:56)

UK Economic Growth Overshadowed by US Data

Link to the article: Channel 4 News

The US Federal Reserve says it will "do all that it can" to prevent a double-dip recession as US growth is revised sharply lower. David Blanchflower explains how this threatens UK economic growth.

Mr Blanchflower, former Bank of England policymaker, said all the evidence from 2008 shows that a few months after the US went into a deep recession, the UK followed. The UK economy posted its best quarterly performance in almost a decade today. Output in the UK grew by 1.2 per cent during the second quarter of 2010, the Office for National Statistics said, surpassing previous estimates of 1.1 per cent gross domestic product (GDP) growth.

Business basics with Declan Curry: What is GDP?

Link to the article: BBC News

Age of Austerity: Political Response

Link to the article: Channel 4 News

George Osborne's emergency budget kick-started the government's plans to cut the deficit. Was he VATman, public spending slasher, or responsible chancellor, asked political editor Gary Gibbon.