Business Headlines from the BBC

January chill for housing market
Activity in the UK housing market was frozen by the snowy weather although prices continued to rise, surveyors say.

Shop sales 'worst for 15 years'
UK retail sales described as 'awful' as icy weather and the unsteady economy keep shoppers at home.

BSkyB to sell most of ITV stake
The pay-TV group BSkyB has given up its court fight over ITV and has cut its stake to meet competition rules.

Ofgem label shows 'green' power
The power regulator, Ofgem, is bringing in a new scheme that forces supplier to prove they are cutting emissions.

Olympic firms in £1bn loan pledge
Lloyds Bank says it is earmarking a special fund to alert businesses around the country to Olympic-related opportunities.