British business is at a tipping point. Nobody knows quite how we will fare over the coming months, with so much uncertainty surrounding the crisis in the Eurozone and the struggle to come back out of recession.

The commercial importance of local newspapers should not be underestimated, according to Shropshire businessman Paul Graham.

Profits at Dairy Crest’s Shropshire operation increased by 18 per cent despite the company making overall losses of £10.1 million.

When a Telford-based business decided to relaunch, its first port of call was the offices of its local newspaper.

The biggest arts and craft retailer in the UK could be opening a new store in Telford, creating up to 40 jobs later this year it has been revealed.

The boss of insurance market Lloyd's of London is prepared for a collapse of the euro, it has been reported, and has reduced its exposure to the troubled single-currency region.

The president of troubled Spanish lender Bankia says the 23.5 billion euro (£18.7 billion) in state aid it will receive in the country's biggest-ever bank bailout will be treated as an investment to make profit for the Spanish government and not as a loan.

The Olympic and Paralympic Games are providing a significant boost to interest in the country from Asia, a survey has revealed.

The UK's largest home improvement retailer says it is investing £69 million in a series of product revamps across its stores over the next few months.

Satellite broadcaster BSkyB is understood to be considering a move on Britain's mobile phone market.