The FTSE 100 remains in positive territory - just - having edged back from earlier highs. 

Lloyds is the winner so far, up 3.8% on the back of stronger profit figures. Housebuilder Barratt Developments is 2.8% better after it announced an increase in special dividends to shareholders.

But these rises were offset by losses for miners, including Anglo American, down 3.9%, and BHP Billiton, down 2.6%.

The FTSE 100 is 0.1% up at 7,282 points.

In the utopian future everyone and everything will be connected - even your bin. 

Is this inspired or absolutely bonkers? 

Theo Leggett
BBC Business News Reporter

Image source, AP

Airbus delivered a record number of aircraft last year and its order book is bulging, but it certainly hasn't been plain sailing for the aerospace giant.

It met its production target for the new A350 jetliner, despite problems with suppliers - but only after putting workers on overtime through the summer. Deliveries of the A320neo, a new version of its short-haul workhorse, were held up by teething troubles with its new engines.

These issues are minor, though, compared with the problems affecting its flagship military project - the A400M.

The ambitious programme has faced years of delays and has struggled to find customers beyond a core group of Nato members in Europe.

The company says that a recent problem with propeller gearboxes has been fixed, but further issues were encountered in making the new plane fit for military use. It also admits that challenges remain in terms of meeting contractual capabilities, securing export orders and keeping down costs.

Airbus wants its managers to talk to customers in an attempt to keep its losses on the programme under control, but those talks are unlikely to be easy.

Image source, BAE Systems

BAE Systems has confirmed that chief operating officer Charles Woodburn (above) will take the helm as chief executive of Britain's biggest manufacturer when Ian King retires this summer.

It will mark the end of a near nine-year tenure for Mr King, who took over as chief executive of the defence firm in September 2008. He will have spent nearly 40 years in the sector when he retires on 30 June.

Mr Woodburn will take over after little more than a year at BAE, following a 20-year career in the oil and gas industry, including with Schlumberger. His base salary will be bumped to £875,000 as part of the move, BAE said in a statement, external.

Samuel Tombs, Chief UK Economist at Pantheon Macroeconomics, tweets:   

A closely watched survey of German business optimism rose by more than expected in February in another sign that Europe's economic recovery is speeding up. The Ifo institute index rose to 111.0 points from 109.9 the previous month. Market analysts expected 109.7 points.

The Munich-based research institute surveys 7,000 businesses in Europe's biggest economy about their view of how things are right now and how the situation will develop in coming months. 

Sentiment had weakened slightly in January. Ifo head Clemens Fuest said that "after a restrained start to the year the German economy is again on a good path".   

Image source, Getty Images

Britain could cease to manufacture the Vauxhall Astra, according to calculations by investment bank Evercore.

It reckons that PSA Peugeot Citroen could shut three production plants if it moves ahead with a takeover of General Motor's Opel business which includes Vauxhall.

The Astra is made at Ellesmere Port plant which, along with GM’s Eisenach plant in Germany and PSA’s Villaverde plant in Spain, could be closed to shift manufacturing to a cheaper overseas site without the need for additional capacity, says Evercore. 

It also estimates 350m euro of annual savings could be made by not having to pay the salaries of the 5,000 employees that are likely to lose their jobs as a result of the closures. 

As part of the BBC's Disability Works series, Business Live interviews the chief executive of consultancy Auticon, Kurt Schoeffer. Some 80% of the firm's 140 staff are on the autistic spectrum. Their abilities with logic and pattern recognition has helped the business win contracts with big corporate names including Siemens and Allianz.  

Image source, Getty Images

Where now for the UK economy?

Commenting on the Office for National Statistic's upwards revision to fourth quarter GDP, Ian Kernohan, economist at Royal London Asset Management, said: "Far from slowing down after the vote to leave the EU, GDP growth actually picked up in the second half of the year.

"However, there were some signs that Brexit uncertainty is starting to have some impact on the corporate sector, with business investment down during the last three months, combined with slower growth in consumer spending."  

He added: “The good news is that weaker sterling is helping to rebalance the economy. There was a strong contribution from net trade in the final quarter of the year.”

Image source, Getty Images

The treasurer of ABB's South Korean business has gone missing after the Swiss robotics and engineering company uncovered a "sophisticated criminal scheme'' which could cost $100m.

ABB said the treasurer went missing on 7 February and the company subsequently discovered "significant financial irregularities" in South Korea.

It said: "The treasurer of the South Korean subsidiary is suspected of forging documentation and colluding with third parties to steal from the company."

It said it has launched a full investigation but the embezzlement and misappropriation of funds could result in a pre-tax charge of $100m.

Some seven million people of working age in Britain have some sort of disability - and they have enormous spending power.

During Disability Works week, the BBC examines how disabled people make business work for them.

More on those ONS revisions to GDP....

In addition to revising up economic growth for the last three months of 2016 by 0.1%, the ONS also revised down its estimate for 2016 as a whole to 1.8% from 2%.

The ONS also released data on business investment, which fell 1% in the fourth quarter compared with the July-September period.

This is the first fall since the first three months of the year, and was 0.9% lower compared with the fourth quarter of 2015. 

Image source, PA

UK growth in the last three months of 2016 was slightly stronger, according to revised data from the Office for National Statistics.

GDP rose by 0.7% between the third and fourth quarters, up from the initial ONS estimate of 0.6%.

A better performance from manufacturing was behind the upward revision.

Image source, Getty Images

Shares in Serco plunged by 14.49% to 126.3p after the outsourcing group reported a sharp fall in underlying pre-tax profit for last year.

Income fell by 14% to £82.1m on revenue marginally lower at £3bn. 

Serco, which runs the London Cycle Hire Scheme, is undergoing a major turnaround programme to cut costs and exit loss-making contracts. 

Chief executive Rupert Soames said: "Trading in 2016 was better than we expected at the start of the year, although this was in large part due to the resolution of a number of commercial matters in the first half, which will not recur; trading in the second half was in line with the guidance we gave at the time of our half-year results."

Mr Soames, the grandson of Winston Churchill, added: "The road back to prosperity was always going to be long and winding, with many potholes and boulders, but we are making good progress."

Image source, EPA

Energy company RWE has cancelled its dividend for the second successive year, after writedowns of 4.3bn euros (£3.6bn) on its power plants.

The UK, as well as the Netherlands and Turkey, was affected by the writedowns, which led to a surprise net loss of 5.7bn euros (£4.8bn) during 2016.

"The difficult market environment made impairments necessary," said RWE chief executive Rolf Martin Schmitz.

RWE, which owns Npower, said it planned to pay dividends again in 2017.

Analysts and investors had been expecting dividend payouts to resume for 2016, after the previous year when the company cancelled them for the first time in at least six decades.