Summary

  • Police are called to supermarkets across the UK as record crowds queue for "Black Friday" offers

  • Ofgem penalises energy suppliers for failing to implement energy efficiency schemes

  1. Cameron immigration speechpublished at 09:58 Greenwich Mean Time 28 November 2014

    "For the sake of British jobs, British livelihoods and British opportunities we must fight this dangerous and misguided view that our nation can withdraw from the world and somehow all will be well."

  2. Cameron immigration speechpublished at 09:57 Greenwich Mean Time 28 November 2014

    Cameron

    "We are Great Britain because of immigration, not in spite of it," says David Cameron in his opening salvo. "Throughout our long history, we have always looked outward, not inward. We have used the seas that surround our shores not to cut ourselves off from the world, but to reach out to it - to carry our trade to the four corners of the earth. And with that trade has come people, companies, jobs and investment."

  3. Black Fridaypublished at 09:43 Greenwich Mean Time 28 November 2014

    John Lewis says it is currently selling one Nutribullet every 30 seconds. For the uninitiated, that's a food processor, or juicer, if you prefer.

  4. Italian jobspublished at 09:28 Greenwich Mean Time 28 November 2014

    Unemployment in Italy has reached a record high of 13.2%, according to official figures for the month of October. It's the largest percentage since figures were first collected in 1977. Even worse news for 15-24 year olds in the country - 43.3% were unemployed last month.

  5. Black Fridaypublished at 09:21 Greenwich Mean Time 28 November 2014

    Sgt Paul Marshall, Kingston Police

    tweets:, external "Even on #BlackFriday shoving people to the floor so you can get £20 off a Coffee Maker is still an assault."

  6. Markets updatepublished at 09:11 Greenwich Mean Time 28 November 2014

    European markets are lower this morning on the back of falling oil prices, which are nearing $70 a barrel. They've not been that low in four years.

    • The FTSE 100 is lower by 0.74% at 6673

    • Germany's Dax is lower by 0.47% 9928

    • France's Cac-40 is lower by 0.53% at 4359

  7. House pricespublished at 09:05 Greenwich Mean Time 28 November 2014

    Graph showing house price growth since November 2004Image source, NATIONWIDE

    The annual house price has been falling since June, when growth peaked at 11.4%. Now it's only 8.5% higher than this time last year. It's worth remembering that house price growth is coming off a low base as well. Property values (that's the average for the whole of the UK) only began to rise in the summer of 2013, as the effects of the Funding for Lending and Help to Buy schemes began to be felt.

  8. Black Fridaypublished at 08:31 Greenwich Mean Time 28 November 2014

    Kadhim Shubber, reporter at the FT

    AsdaImage source, Twitter / @kadhimshubber

    tweets:, external "Unleash the capitalism #BlackFriday" (Click through for the full Vine video, external)

  9. Black Fridaypublished at 08:26 Greenwich Mean Time 28 November 2014

    Bryan Roberts, director at Kantar Retail

    AsdaImage source, Twitter / @BryanRoberts72

    There are cheerleaders in Asda. Really. Bryan tweets, external: "Cheerleaders. This is my job. Honest."

  10. Building Legopublished at 08:23 Greenwich Mean Time 28 November 2014

    Malaysia LegoImage source, Merlin

    UK theme park operator Merlin Entertainments has announced it will open a new Legoland... in South Korea. The attraction is expected to open its doors in Chuncheon, Gangwon Province by 2017. There is already a Legoland in Malaysia, and the firm plans to build one in Dubai too.

  11. Black Fridaypublished at 08:19 Greenwich Mean Time 28 November 2014

    Bryan Roberts, director at Kantar Retail

    tweets:, external "6 minutes ago, this was a massive pile of TVs"

    TVsImage source, Twitter / @BryanRoberts72
  12. Black Fridaypublished at 08:15 Greenwich Mean Time 28 November 2014

    Sarah Butler, The Guardian

    tweets:, external "Crazy queues at Asda, but all calm and very British queue in place... So far"

    Black FridayImage source, Twitter / @whatbutlersaw
  13. Black Fridaypublished at 08:10 Greenwich Mean Time 28 November 2014

    Richard Main, a reporter at BBC London 94.9, emails in: "More than 150 people are now queuing to get into Asda on Edgware Road, in the hope of bagging a Black Friday deal. Police were called to the store in the early hours of the morning to control crowds. The current queue now stretches the length of the car park and is being penned in by a wall of shopping trolleys."

  14. Black Fridaypublished at 08:03 Greenwich Mean Time 28 November 2014

    Greater Manchester Police

    tweet:, external "At least two people arrested at #BlackFriday sales events already this morning. Keep calm people!"

  15. Black Fridaypublished at 08:02 Greenwich Mean Time 28 November 2014

    People sort through boxes of shoes in Macy"sImage source, Reuters

    A bit of Friday fun now. We want your best/worst Black Friday deals. What's the most ridiculous sale item you've seen or bought? What's be best/worst discount you've seen? Have you seen punch-ups over the last sale item or is everyone queuing politely? Send your stories/pictures/experiences/views of Black Friday to bizlivepage@bbc.co.uk or tweet @bbcbusiness., external

  16. Betting campaignpublished at 07:46 Greenwich Mean Time 28 November 2014

    BBC Radio 4

    Betting terminalImage source, PA

    The maximum stake on gambling machines known as "fixed odd betting terminals" is £100. Many think that's outrageous, as it's possible to lose an awful lot of money in a very short time. Now more than 90 councils in Britain are campaigning to have that reduced dramatically - to £2. Sir Robin Wales, the mayor of Newham in London, tells Today that gambling firms deliberately target poorer areas.

  17. House pricespublished at 07:34 Greenwich Mean Time 28 November 2014

    Graph showing the average house price to average earnings ratioImage source, NAtionwide

    One thing to note in the latest Nationwide figures is the price-to-earnings ratio, which has tailed off ever so slightly. This measures how high house prices are, relative to the average person's salary. The higher the ratio rises, the less affordable housing becomes. Since WW2, each time average house prices have reached six times average earnings, there as been a crash.

  18. House pricespublished at 07:22 Greenwich Mean Time 28 November 2014

    The price of an average house in the UK rose by 0.3% in November to £189,388, according to the latest figures from Nationwide., external Overall, however, the growth in house prices slowed to 8.5%, when compared to November of last year. It was 9% in October.

  19. Energy penaltiespublished at 07:12 Greenwich Mean Time 28 November 2014

    DraxImage source, Drax

    "We are deeply disappointed with the magnitude of the fine," said Drax boss Dorothy Thompson. But Ofgem's Sarah Harrison says the firm "missed its target by a clear margin" and accuses it of "disadvantaging several thousand households in some of the most deprived areas in Britain".

  20. Energy penaltiespublished at 07:06 Greenwich Mean Time 28 November 2014

    Another generation firm, Intergen, is also facing an £11m payout. The companies failed to meet targets to insulate homes under two energy efficiency schemes that ran until the end of 2012. The failings meant that households did not receive the energy saving measures, which would have helped to reduce their bills.