News Prop

The online retailer buys the brands, not their shops, suggesting the £295m deal will cost jobs. from BBC News - Business https://ift.tt/36xL4T0

Business leaders call for a post-Covid economic roadmap

The CBI employers' group tells the government a post-Covid economic strategy will unlock investment. from BBC News - Business https://ift.tt/3pALW0p

Silver surges as Reddit army turns to commodities

The investors that caused GameStop to surge are now turning their attention to silver. from BBC News - Business https://ift.tt/2MdHir2

Brexit: How much disruption has there been so far?

It has been a month since the rules changed in the UK's relationship with the EU. from BBC News - Business https://ift.tt/3aj1uQ1

Impostor syndrome: 'I feel like I don't deserve my success'

An influencer and a corporate professional from India share their experiences of impostor syndrome. from BBC News - Business https://ift.tt/39BlLkK

Cardboard shortage forces retailers to box clever

From wine merchants to supermarkets, firms are having to find ways round a shortage of cardboard packaging. from BBC News - Business https://ift.tt/2NJSvje

Accountants warned over fraud expectations

Should auditors be expected to spot companies, such as BHS and Wirecard - at risk of collapse through fraud? from BBC News - Business https://ift.tt/36sd9Ln

'I was scammed out of £17,000 on Instagram'

Since the pandemic hit the UK, reports of investment scams targeting Instagram users have risen 50%. from BBC News - Business https://ift.tt/3j0BYmy

Budget 2021: What is it and when will it happen?

The Budget - when is it, what does it do and what should we expect to hear from the chancellor? from BBC News - Business https://ift.tt/36rYCiE

UK applying to join Asia-Pacific free trade pact CPTPP

If successful, Britain will join a club including Japan and Australia and covering 500m people. from BBC News - Business https://ift.tt/3tbATNz

UK wants to join the club - but what is the CPTPP?

It may sound like an official has lent on their keyboard - but it's an acronym we'll hear more often. from BBC News - Business https://ift.tt/2L4jwNv

Covid: EU 'made a mistake' over vaccines, Gove says

The Cabinet Office minister says he is "confident" the UK can continue with its planned jabs rollout. from BBC News - Business https://ift.tt/2YtltWL

Post-Brexit taxes for steel 'very damaging', says Kinnock

Stephen Kinnock MP says the UK's steel industry needs state aid and new export quotas with the EU. from BBC News - Business https://ift.tt/39yaLVp

GameStop and AMC: UK trading platform IG stops new trades

The move by one of the UK's biggest trading companies comes amid a price war between amateurs and pros. from BBC News - Business https://ift.tt/36qIMVr

GameStop: Who is winning the market battle?

Novice investors are trying to beat Wall Street professionals at their own game. from BBC News - Business https://ift.tt/3taZT7u

Work from bed: 'I'm not side-tracked by laundry'

A lot of us are tempted to spend January in bed but some people have turned it into their office. from BBC News - Business https://ift.tt/2YFwcxD

Satellite boom attracts technology giants

Tech giants promise faster, wider access to data thanks to cheaper satellite launches. from BBC News - Business https://ift.tt/3t4Tzyo

Covid: EU-AstraZeneca disputed vaccine contract made public

The European Commission argues the drug-maker is failing to fulfil its promises on the Covid jab. from BBC News - Business https://ift.tt/3t4scEF

Brexit: EU introduces controls on vaccines to NI

Northern Ireland First Minister Arlene Foster describes the move as "an incredible act of hostility". from BBC News - Business https://ift.tt/2MdAObm

Stocks explained: What's been going on at GameStop?

Chris Fox explains stocks, short-selling and what has been happening with GameStop shares. from BBC News - Business https://ift.tt/3r5Ij3c

GameStop: City watchdog fires warning as trading frenzy spreads

The UK's Financial Conduct Authority says it is monitoring share trading and potential market abuse. from BBC News - Business https://ift.tt/2MiSlPr

Pub chain Marston's shares jump on takeover news

A US private equity firm has made an "unsolicited" offer to buy the British pub giant. from BBC News - Business https://ift.tt/2MyeuJB

Financial Ombudsman 'must sharpen up' amid rising cases

A backlog of cases brings criticism from MPs, but the service's boss says it has coped well. from BBC News - Business https://ift.tt/3t7rLcN

Boohoo in talks to buy Dorothy Perkins, Wallis and Burton brands

The online fashion retailer would take on the brands but not the shops from failed retail group Arcadia. from BBC News - Business https://ift.tt/3ouirfi

Asian investors inspired by GameStop surge

Malaysia's Top Glove shares are among those to have seen a big spike in activity from private investors. from BBC News - Business https://ift.tt/2MufhuV

Can striking oil turn Cambodia's economy around?

The country's first oil project has finally started pumping the black gold after 15 years of false starts. from BBC News - Business https://ift.tt/3asKo2v

Ford to start building electric Mustangs in China

The US carmaker wants to compete with the likes of Tesla and other Chinese electric carmakers. from BBC News - Business https://ift.tt/36ph63g

GameStop: Meet the amateur traders fighting Wall Street

They're young, they're financially savvy and they're angry at being shut out of GameStop share trading. from BBC News - Business https://ift.tt/2YlKTFK

Klarna: 'I got a £30 bill - but I've never used it'

There are concerns that fraudsters are signing up for buy now, pay later services in others' names. from BBC News - Business https://ift.tt/3clCHNS

The pilots forced to change career completely

With airlines grounded due to Covid, we speak to three former pilots who have left the industry. from BBC News - Business https://ift.tt/2YiXCZF

EU opens competition investigation into Cadbury owner

Brussels regulators are concerned that Mondelez fixed prices in EU countries. from BBC News - Business https://ift.tt/3rdd9qH

Cladding crisis: 'I was a first-time buyer at 27, and bankrupt at 28'

How the cladding crisis forced a first-time home buyer into bankruptcy within a year. from BBC News - Business https://ift.tt/2Mz6gR8

GameStop: What is it and why is it trending?

Don't worry, you don't need to be a financial genius to get this classic David and Goliath tale. from BBC News - Business https://ift.tt/2Nz6Te3

Employment rights review scrapped by business secretary

Business Secretary Kwasi Kwarteng says a post-Brexit review of workers' rights will not go ahead. from BBC News - Business https://ift.tt/3a8LrV6

US economic decline not as bad as feared

The US economy shrank by 3.5% in 2020 in the sharpest decline since the 1940s, the US Commerce Department said. from BBC News - Business https://ift.tt/3afVNSS

Paperchase rescue safeguards 1,000 jobs

The stationery chain is bought out of administration in a deal rescuing up to 90 of its 127 stores. from BBC News - Business https://ift.tt/2NIUvIG

Car insurance cover extended during lockdown

The extension covers drivers who are having to use their car to get to work owing to Covid restrictions. from BBC News - Business https://ift.tt/3pru4F7

Like a good deal? Maybe a hagglebot can help

Artificial intelligence is getting better at negotiating and research promises systems that could help you. from BBC News - Business https://ift.tt/3a2QZAm

Coronavirus: EU and AstraZeneca seek to resolve vaccine supply crisis

Both sides pledge to work together after a reported 50 million-dose shortfall for the 27-member EU. from BBC News - Business https://ift.tt/2Mateym

'Bad words' lead to GameStop shares plunging

Private investors using online chatrooms have led to a trading frenzy in some unexpected shares. from BBC News - Business https://ift.tt/3chpSnL

British energy firm threatens to seize India government assets

Cairn Energy could take planes and ships from the Indian government after winning a $1.2bn legal dispute. from BBC News - Business https://ift.tt/3olngb3

UK car production tumbles to 'worst in a generation'

Output tumbled almost 30% last year as Covid forced factory closures and a fall in consumer demand. from BBC News - Business https://ift.tt/2Mtr2lh

Staycations: Bookings 'coming in thick and fast'

With new hotel quarantine rules for arrivals from abroad, many people are seeking UK holidays instead. from BBC News - Business https://ift.tt/36iF00C

Apple Christmas sales surge to $111bn amid pandemic

Families loaded up on the latest technology and growth in China rose. from BBC News - Business https://ift.tt/2KXdbU0

Tesla reports record deliveries but shares slide

The firm delivers record number of vehicles in its fourth quarter, but profits disappoint investors. from BBC News - Business https://ift.tt/2YhDg34

Businesses at risk: 'The hardship is not just for us'

More than 900,000 small businesses are at risk of going under, according to new research from BBC News - Business https://ift.tt/2MttfNA

Boeing 737 Max cleared to fly in Europe after crashes

Regulators say the plane is safe to fly again after two fatal crashes led to its grounding. from BBC News - Business https://ift.tt/2MbdNpF

The Reddit army taking on Wall Street's old guard

Shares in a games company have soared 276% - the result of a fight between private and professional investors. from BBC News - Business https://ift.tt/2YkadvS

Hinkley Point C nuclear plant to open later at greater cost

EDF Energy says it has made "significant progress" but the plant will now not open until June 2026. from BBC News - Business https://ift.tt/2NGjP1W

Contactless limit could rise to £100

The financial regulator will consult "shortly" on a rise from the current limit of £45. from BBC News - Business https://ift.tt/3oms1AY

Covid: Who are the workers 'excluded' from support?

Why have some taxpayers who have lost their income because of the pandemic been left without funding? from BBC News - Business https://ift.tt/2YhQugb

China opens door to Ant Group's stock market debut

Regulators suspended the tech giant's planned listing before ordering a shake-up at the company. from BBC News - Business https://ift.tt/39jhWQX

Goldman Sachs boss gets $10m pay cut for 1MDB scandal

David Solomon is being punished for the bank's involvement in the fraudulent Malaysian investment fund. from BBC News - Business https://ift.tt/39ZQuXy

Covid crisis: 'I've been excluded from any help'

Millions of people have been shut out of government schemes designed to help, a new study suggests. from BBC News - Business https://ift.tt/3j118BP

Victims lose average of £45,000 in investment scams

Lockdown led to a surge in reports of fraudsters imitating genuine investment firms, regulator says. from BBC News - Business https://ift.tt/3qT1GfB

Joe Biden: The team he hopes can fix the US economy

The new US president has called on a team of Ivy League-trained economists and lawyers to "heal" the economy. from BBC News - Business https://ift.tt/3alYWkr

CEO Secrets: 'We tried paying everyone the same salary. It failed'

As part of the CEO Secrets series, Calvin Benton discusses his firm Spill's "open" salary policy. from BBC News - Business https://ift.tt/3qQVJzR

Brexit: Amazon prepares to stop selling some products to NI

It would take effect on 1 April when the "grace period" for GB-NI parcels expires. from BBC News - Business https://ift.tt/39kUxPd

Xbox sales boom as virus maintains grip on economy

Demand for the video game and cloud computing services helped push Microsoft sales to a new quarterly record. from BBC News - Business https://ift.tt/2M9NfVN

MPs accuse HSBC of aiding China's Hong Kong crackdown

The bank's boss strongly rejects MPs criticism of "double-standards" over China's actions in Hong Kong. from BBC News - Business https://ift.tt/3ogASEt

Student rent: 'We're paying for a service we're not getting'

The BBC has discovered sharp contrasts in the way universities are handling rent for unused accommodation. from BBC News - Business https://ift.tt/3a3kTV2

Covid vaccine hopes lift IMF's global growth forecast

The IMF raises its economic growth estimate on expectations that vaccines will allow activity to recover. from BBC News - Business https://ift.tt/3pmR0W9

Rolls-Royce facing £2bn cash reserve hit as flight numbers fall

The company is set to burn through more cash than expected this year as Covid hits the travel sector. from BBC News - Business https://ift.tt/2YbXPhk

UK unemployment rate continues to rise

The rate rose to 5% in the three months to November, as coronavirus continued to hit the jobs market. from BBC News - Business https://ift.tt/3a3jM7J

Coronavirus: Seafarers stuck at sea ‘a humanitarian crisis’

Crew are asking to be designated 'key workers' so they can go home without risking public health. from BBC News - Business https://ift.tt/3iTZhP6

Covid vaccines: Casino boss resigns after jumping queue

Rod Baker and his wife travelled to the Canadian Arctic and posed as local workers to get the jab. from BBC News - Business https://ift.tt/39hF0zG

'A spike in pandemic-related investments'

EY Africa's Sandile Hlophe tells the BBC how foreign direct investment in Africa is faring. from BBC News - Business https://ift.tt/3sYEgHq

Harvey Weinstein: Court agrees $17m payout for accusers

The money comes from the liquidation of a firm co-founded by the disgraced film director. from BBC News - Business https://ift.tt/2NxwTqd

Co-op and Morrisons see queues over payments issue

The supermarket chains confirmed that an ongoing issue is affecting payments processing in some stores. from BBC News - Business https://ift.tt/3iKmseu

Janet Yellen to be first female US treasury secretary

The Senate has confirmed Janet Yellen as first female treasury secretary in US history. from BBC News - Business https://ift.tt/3a3iE47

Brexit parcel price shock: 'I had to pay £30 for a gift'

It's not just shoppers facing surprise costs when EU parcels arrive, but what is behind the charges? from BBC News - Business https://ift.tt/3sRsxKZ

Deloitte Football Money League: Pandemic set to cost top clubs over £1.7bn

The coronavirus pandemic will cost Europe's 20 richest football clubs over £1.7bn by the end of this season. from BBC News - Business https://ift.tt/39jDrkA

Why your face could be set to replace your bank card

Already widely used in China, facial recognition payment is now expanding in other countries. from BBC News - Business https://ift.tt/3og8TEE

Pandemic prompts Super Bowl ad rethink in US

Budweiser will not advertise during the Super Bowl for the first time in 37 years. from BBC News - Business https://ift.tt/3a0K2zP

Covid: Hays Travel to close 89 shops as lockdown delays 'bounce back'

The third national lockdown and travel ban meant the travel firm "had to act", a spokeswoman says. from BBC News - Business https://ift.tt/39dvDRv

UN: Covid jobs crisis 'most severe' since the 1930s

The global economy lost the equivalent of 225 million jobs in 2020 - four times more than in the financial crisis. from BBC News - Business https://ift.tt/36buBUg

Ikea to start selling spare parts for products

The furniture giant says it wants to dispel the idea that it makes disposable goods. from BBC News - Business https://ift.tt/3c9mCe1

HMRC waives penalty for late filing of self-assessments

Self-employed people will not be fined if they file their tax returns online by 28 February. from BBC News - Business https://ift.tt/2YcgFF1

Fraud epidemic 'is now national security threat'

From credit card fraud to benefit fraud, the problem costs the UK up to £190bn a year, a report says. from BBC News - Business https://ift.tt/3c6ofJH

Covid: Teachers 'not at higher risk' of death

The highest-risk job roles were in restaurants, care work and manufacturing. from BBC News - Business https://ift.tt/36b4htz

Mastercard to push up fees for UK purchases from EU

The move sparks concerns that customers could see prices rise if merchants pass on the higher cost. from BBC News - Business https://ift.tt/3pcsFCm

Satellites beat balloons in race for flying internet

Google's Loon bows out - but thousands of satellites are taking to the skies to beam down the internet. from BBC News - Business https://ift.tt/2KJq5om

Bank of England criticised for financing carbon-intensive firms

MPs criticise the Bank of England for providing financial help without attaching environmental strings. from BBC News - Business https://ift.tt/3iNov1l

Boohoo buys Debenhams brand and website for £55m

The fast fashion retailer is not purchasing the stores or taking on its staff. from BBC News - Business https://ift.tt/3sTsDS7

China takes new foreign investment top spot from US

The top ranking highlights China's growing influence on the word economic stage. from BBC News - Business https://ift.tt/3iJ4ngQ

Boeing 737 Max cleared to fly again 'too early'

A former Boeing manager says more investigations are needed on the plane, grounded after two crashes. from BBC News - Business https://ift.tt/3qNiXGX

Boohoo 'set to buy Debenhams brand and website'

The fast fashion retailer is not purchasing the stores or taking on its staff, the BBC understands. from BBC News - Business https://ift.tt/3c8TRy3

Kickstart: Most job roles for youths not yet filled

About 118,000 placements for young people are yet to be filled due to coronavirus lockdowns. from BBC News - Business https://ift.tt/3qLthiM

Barclaycard customers face higher minimum payments

The changes affecting some customers take effect as finances are squeezed by Covid and Christmas. from BBC News - Business https://ift.tt/3qNETBY

How Covid turbocharged the QR revolution

As a cheap and reliable way to store information, the humble QR code is finding new uses. from BBC News - Business https://ift.tt/2LU80EL

Asos joins race for Topshop, Topman and Miss Selfridge

The online retailer wants to buy the brands, not their shops, suggesting any deal would cost jobs. from BBC News - Business https://ift.tt/2NtgFyl

UK firms told 'set up in EU to avoid trade disruption'

Firms say they have been advised by officials to set up EU hubs, but the government says it is not policy. from BBC News - Business https://ift.tt/2Y98Y2p

Firms planned record 800,000 redundancies last year

January 23, 2021

Despite the furlough scheme, employers decided to a record number of jobs during 2020. from BBC News - Business https://ift.tt/3peDh3B

Coronavirus: How the pandemic has changed the world economy

January 23, 2021

Key maps and charts explain how the virus has impacted markets and businesses around the world. from BBC News - Business https://ift.tt/32LO6zX

Climate change: Six questions about the Cumbria coal controversy

January 23, 2021

Green groups are calling on the PM to cancel the project - but how was the decision reached? from BBC News - Business https://ift.tt/3qLamoo

Can a Nudge or two make us better savers?

A government-backed firm is looking for new ways to get people to put money aside for a "rainy day". from BBC News - Business https://ift.tt/3sPfMQY

East West and Northumberland rail lines get £794m boost

The government says the funding will connect "left-behind" communities. from BBC News - Business https://ift.tt/3p8X8kI

Shipping crisis: I'm being quoted £10,000 for a £1,600 container'

A shortage of shipping containers, rising costs, and congestion at ports are holding back imports from China. from BBC News - Business https://ift.tt/3pnd17v

Cladding crisis: 'Delays could bankrupt us'

Campaigners say a government fund to pay for the removal of dangerous cladding is woefully inadequate. from BBC News - Business https://ift.tt/39Zri3u

Body defends action on Covid workplace safety complaints

The Health and Safety Executive said it was not "naïve" when it comes to breaches of safety rules. from BBC News - Business https://ift.tt/395hUfs

UK borrowing hits highest December level on record

Government borrowing hit £34.1bn last month, as the cost of pandemic support measures weighed on the economy. from BBC News - Business https://ift.tt/3sNlova

Retail sales in 2020 see biggest fall since records began

Clothing sales were hit hardest, with the sector seeing a 25% drop in sales last year. from BBC News - Business https://ift.tt/397lx4Q

Google says goodbye to giant internet balloons idea

Parent company Alphabet is scrapping Loon, a project set up to beam the internet to rural areas. from BBC News - Business https://ift.tt/2KB2UfW

China falling short of US trade deal targets

The country agreed to buy $200bn worth of US goods in a trade agreement signed one year ago. from BBC News - Business https://ift.tt/3sLVtUv

Brexit: Retailers could burn goods stuck in EU

UK retailers may abandon goods EU customers want to return because it is cheaper than bringing them home. from BBC News - Business https://ift.tt/39XqNqE

Google threatens to withdraw search engine from Australia

The tech giant says it will remove its main search function from Australia if it passes a new law. from BBC News - Business https://ift.tt/3bZzbZx

Beckhams pay themselves £21m despite business losses

The couple paid themselves the sum despite heavy losses at Mrs Beckham's fashion brand. from BBC News - Business https://ift.tt/3iyrs5Q

Premium Bonds operator NS&I 'must work hard to win back customers'

Its boss apologises after customers were left to wait an average of 20 minutes for calls to be answered. from BBC News - Business https://ift.tt/3sLwWin

'I've never met my team but have lunch with them weekly'

Some firms are encouraging staff who are working from home to take their lunch breaks together. from BBC News - Business https://ift.tt/3p4fxzf

Nissan says Brexit deal 'positive' and commits to UK

The Japanese car maker has told the BBC its Sunderland plant is secure for the long term. from BBC News - Business https://ift.tt/3972x6l

Coronavirus: Nissan Sunderland plant pauses Line One production

The plant says the move will affect one line making the Qashqai and Leaf, but will resume next week. from BBC News - Business https://ift.tt/3nZLrvq

Next pulls out of race to buy Topshop-owner Arcadia

A consortium including the fashion chain will no longer bid to buy Arcadia group out of administration. from BBC News - Business https://ift.tt/3o6vYtF

Covid: Labour attacks Sunak over strategy to help economy

The shadow chancellor claims her Tory counterpart has called the crisis wrong "time and again". from BBC News - Business https://ift.tt/3p55xpx

Plans to cap fees charged by claims companies

It follows criticism that firms take a large proportion of compensation for mis-sold financial products. from BBC News - Business https://ift.tt/2Y13erG

Retail pressure: 'You can see the struggle and strain'

Shop owners describe the pressure they are under as a survey predicts more store closures this year. from BBC News - Business https://ift.tt/3o27Ub1

Uber: London cabbies plan to sue for damages

Thousands of the capital's taxi drivers have already signed up to the planned group legal action. from BBC News - Business https://ift.tt/3qDMSRL

Covid: Nine million people forced to borrow more to cope

There is a "widening financial gap" between households because of the pandemic, says the ONS. from BBC News - Business https://ift.tt/362woLf

Lockdown entrepreneur Ben Gulliver urges others 'never give up'

Ben Gulliver saw a chance to make money, selling items people struggled to get during the pandemic. from BBC News - Business https://ift.tt/3c4De6Z

Universities degree 'not the only route to success'

Ministers announce plans to reform post-16 education to give employers the skilled people they need. from BBC News - Business https://ift.tt/3bYWBxV

Covid: House hunters travelling 'hundreds of miles' to view homes

Estate agents call for tougher measures - as buyers race to beat the end of the stamp duty holiday. from BBC News - Business https://ift.tt/3sM0MmL

China's telecom giants ask for Wall Street relisting

The New York Stock Exchange has already changed its mind several times about delisting the companies. from BBC News - Business https://ift.tt/3pa7t00

Ben & Jerry's maker Unilever to insist suppliers pay 'living wage'

Unilever says that by 2030 suppliers must pay staff enough to cover a family's basic needs. from BBC News - Business https://ift.tt/2Y1xzGt

Brexit: 'I was asked to pay an extra £82 for my £200 coat'

Shoppers buying items from Europe now have to pay customs or VAT charges on those above a certain value. from BBC News - Business https://ift.tt/3oZ5ECO

How to investigate a firm with 60 million documents

Artificial intelligence helped investigators in a daunting examination of Airbus's business. from BBC News - Business https://ift.tt/35P6iLt

Saga cruises says all customers must be vaccinated

Holidaymakers in 2021 must be fully vaccinated against Covid-19, the travel firm says. from BBC News - Business https://ift.tt/35VOQFu

Social media giants grilled on hate content

Facebook, Twitter, YouTube and TikTok asked about their role in the recent violent events in Washington. from BBC News - Business https://ift.tt/2LNUPoI

Burberry pins hopes on Marcus Rashford as sales fall

The brand is struggling in the pandemic but says a campaign with the footballer helped win new customers. from BBC News - Business https://ift.tt/3bWD01F

Brexit: 'My meat shipment is rotting in Rotterdam'

Brexit border hold-ups mean customers are starting to go elsewhere says UK meat exporters group. from BBC News - Business https://ift.tt/3o1jD9Z

Depop CEO says UK users are 'entrepreneurs’

Maria Raga, CEO of second-hand clothing app Depop, says users of the platform are “entrepreneurs”. from BBC News - Business https://ift.tt/3sKpAeO

Low-deposit mortgages return after Covid slump

There has been a fourfold increase in mortgage products for those offering a 10% deposit. from BBC News - Business https://ift.tt/391PDGJ

Inflation jumps despite Covid Christmas curbs

The UK inflation rate surges to 0.6% in December from 0.3% in November despite the closure of non-essential shops. from BBC News - Business https://ift.tt/38XCrCz

Jack Ma makes first appearance since October

Fears had grown over the Alibaba founder's whereabouts because of pressure from Chinese authorities. from BBC News - Business https://ift.tt/3p2yrq2

Audi to make electric cars with China's oldest carmaker FAW

FAW counts Red Flag limousines, used by China's communist party leaders, among its products. from BBC News - Business https://ift.tt/3sI63f6

£23m support fund for struggling fishing firms

It comes as industry workers warn their livelihoods are at risk due to Brexit border problems. from BBC News - Business https://ift.tt/3p4cbMK

MPs criticise HMRC over gaps in Covid support schemes

Out-of-date tax systems mean people are falling through the cracks for help, MPs say. from BBC News - Business https://ift.tt/39QGjV8

'There is beauty and strength in diversity'

Elona Mortimer-Zhika, chief executive of Iris Software Group, shares her business advice. from BBC News - Business https://ift.tt/3bTXVCd

Will Netflix's pandemic success continue in 2021?

The streaming firm, which has been boosted by Covid, now has more than 200 million subscribers. from BBC News - Business https://ift.tt/3sFPwbG

Brexit: Government considers scrapping some EU labour laws

Minister Kwasi Kwarteng confirms he will review rules after denying plans to dilute workers' rights. from BBC News - Business https://ift.tt/3bUTRle

UK and US fail to do mini-trade deal as Trump exits

US tariffs on Scotch whisky and cashmere remain in place as UK fails to reach deal with Washington. from BBC News - Business https://ift.tt/3qB5MJ2

Vauxhall: New owner to set out future of UK factory

Vauxhall's parent company warns it will no longer invest in pure diesel or petrol cars at Ellesmere Port. from BBC News - Business https://ift.tt/35X9Onf

Biden economic plans challenged at Yellen hearing

Janet Yellen, Joe Biden's choice to be treasury secretary, appears at her confirmation hearing in Washington. from BBC News - Business https://ift.tt/2LCJvfl

MGM Resorts ends bid to buy Ladbrokes owner Entain

Entain's shares tumble after the US casino operator walks away from a takeover attempt. from BBC News - Business https://ift.tt/39JBA7L

Tokyo Olympics 'unlikely to go ahead in 2021'

Former London 2012 Olympics boss says Tokyo event likely to be disrupted by Covid-19 pandemic. from BBC News - Business https://ift.tt/35VcMbY

Arcadia set to shut 31 shops with loss of 700 jobs

Administrators for Sir Philip Green's empire have been seeking buyers for the group since November. from BBC News - Business https://ift.tt/3nYK0xk

HSBC to close 82 branches this year

The branches will close between April and September as the bank moves towards more digital banking. from BBC News - Business https://ift.tt/2LL9BwC

Barclays not liable for couple defrauded of £700,000

They thought they were assisting a fraud probe when they transferred cash to accounts in the UAE. from BBC News - Business https://ift.tt/3oYaDn7

Covid: Cash refusal 'creeping into UK economy'

A survey by consumer group Which? raises concerns over coronavirus leading to more cashless stores. from BBC News - Business https://ift.tt/35Vjsqp

Boeing 737 Max to be cleared to fly in Europe

The EU's aviation agency says clearance will be given next week for the aircraft, grounded after two crashes. from BBC News - Business https://ift.tt/3nScDMw

Covid: Self-employed mothers 'deserve equal help'

Campaigners say 75,000 women who took maternity leave are losing out on government Covid payments. from BBC News - Business https://ift.tt/39HgtTO

Superdry losses widen amid Covid 'disruption'

The fashion chain says there may be "significant doubt" over its ability to continue as a going concern. from BBC News - Business https://ift.tt/3pamvT6

CBI calls for more business support before Budget

The business lobby group calls for the extension of support schemes for firms affected by Covid. from BBC News - Business https://ift.tt/3nYzNRx

Big firms to pay small companies within 30 days

Changes to the Prompt Payment Code mean big companies will have half as long to pay small firms. from BBC News - Business https://ift.tt/3p9SqmE

Will the UK really refuse trade deals over human rights?

The government is being scrutinised over trade deals with countries with poor human rights records. from BBC News - Business https://ift.tt/35SpQPs

Depop: 'I felt so violated when my account was hacked'

Hackers are selling Depop app account details on the dark web for as little as 77p each online. from BBC News - Business https://ift.tt/3bS3bXi

'My boss made me come to work and I caught Covid'

Despite the risks, people say they are being asked to work on site when they could do it from home. from BBC News - Business https://ift.tt/3sBDsZ0

Covid self-employment income support scheme unfair say mothers

Campaigners are bringing a judicial review for indirect sexual discrimination on Thursday. from BBC News - Business https://ift.tt/2KvWxdY

A wristband that tells your boss if you are unhappy

Technology to help our mental wellbeing has grown in popularity during the coronavirus lockdowns. from BBC News - Business https://ift.tt/2Y2vo5D

'I'm stranded at Madrid Airport'

Lisbet Stone was turned away from her flight to London due to having an outdated covid test. from BBC News - Business https://ift.tt/3inOgFv

EasyJet Holidays sees summer bookings surge 250%

'People want to go on holiday,' says the airline's boss, as bookings for this summer rise sharply. from BBC News - Business https://ift.tt/2KqZqwt

Chip-shortage 'crisis' halts car-company output

A shortage of computer chips is leading to car factories shutting down for days at a time. from BBC News - Business https://ift.tt/3nVL70P

Film directors call on government to support UK cinema chains

Danny Boyle, Steve McQueen and other UK film-makers call on the chancellor for tailored funding. from BBC News - Business https://ift.tt/3qu7vQh

Next in race to buy Topshop owner Arcadia as bid deadline nears

A consortium including the fashion chain wants to buy the Arcadia group out of administration. from BBC News - Business https://ift.tt/3sDFUht

Brexit: Fishing firms hold London protest over disruption

Fresh fish exports have been severely disrupted by new border controls with the European Union. from BBC News - Business https://ift.tt/3oVxjVi

Trampoline prices 'to soar 50% on shipping costs'

The owner of a toy retailer says high transport costs may mean larger toys become more expensive. from BBC News - Business https://ift.tt/2LKFDJ9

Lee Jae Yong: Samsung heir gets prison term for bribery scandal

A South Korean court sentenced Lee Jae Yong to two and a half years in prison. from BBC News - Business https://ift.tt/35PI3Nq

Covid-19: China's economy grows in fourth quarter, bucking global trend

China's economy grew at 2.3% for the year, making it the only major economy to see growth last year. from BBC News - Business https://ift.tt/3qs7TyS

BT faces £600m lawsuit over 'historic overcharging'

A group of pensioners is accusing BT of "historic" excessive pricing of landlines. from BBC News - Business https://ift.tt/38QpKcU

Covid: UK travel corridors closure to come into force

Passengers, whether by boat, train or plane, will have to show proof of a negative Covid test to be allowed in. from BBC News - Business https://ift.tt/39Dczva

Brexit: 'Putting UK, not GB, delayed my fish for 24 hours'

New trading rules are causing problems for some firms, creating backlogs and uncertainty. from BBC News - Business https://ift.tt/38QFcFK

Protecting fragile ecosystems from lithium mining

More lithium is needed to supply the electric car market, but can it be produced in a sustainable way? from BBC News - Business https://ift.tt/3ifvIHk

Universal Credit: Labour presses PM for action ahead of benefit vote

Labour calls on Boris Johnson to give millions a "helping hand" by extending £20 Universal Credit uplift. from BBC News - Business https://ift.tt/2LKipme

Eurostar: Government urged to 'safeguard' rail firm's future

A group of London firms has written to ministers calling for financial support for the rail firm. from BBC News - Business https://ift.tt/3oSoHi1

Coronavirus: Concerns over bosses breaking Covid safety rules

The Health and Safety Executive says it received 2,945 complaints about workplaces in one week. from BBC News - Business https://ift.tt/3sypZ49

Covid: Airport support scheme to open in England

January 16, 2021

The government is aiming to provide grants by April to mitigate the impact of Covid travel rules. from BBC News - Business https://ift.tt/3imX7a8

Airline industry needs up to another $80bn to survive pandemic

January 16, 2021

The world's airlines need another $70-$80bn of government aid to get through the pandemic, the industry says. from BBC News - Business https://ift.tt/39IdJVY

Will the Trump corporate backlash make a difference?

January 16, 2021

After the storming of the US Capitol, Donald Trump is facing "a very different set of calculations". from BBC News - Business https://ift.tt/2LYDCbS

Joanna Lumley 'shocked' at claims disabled workers unpaid

Sir Iain Duncan Smith and Joanna Lumley speak out about employees allegedly owed a total of £200,000. from BBC News - Business https://ift.tt/38JJYoC

Can supermarket security guards help with mask rules?

Supermarkets around the UK are stepping up enforcement of mask-wearing rules. from BBC News - Business https://ift.tt/38NwcBu

WhatsApp extends 'confusing' update deadline

The Facebook-owned platform still says its users must accept the update or stop using the service. from BBC News - Business https://ift.tt/2LuGCx4

Scottish fishermen 'sailing to Denmark to land catch'

Red tape plus a "poor" Brexit deal mean fishermen fear for the future, says an industry body. from BBC News - Business https://ift.tt/3bJfTaM

Covid-19: Parents with childcare issues 'must get right to furlough'

Labour says legal duty on employers to grant requests would ease strain on families in lockdown. from BBC News - Business https://ift.tt/39tGV2Q

'It kind of makes debt cool – and it's not'

Some MPs worry "buy now, pay later" services could be tempting online shoppers into overspending. from BBC News - Business https://ift.tt/3srnGzO

UK economy shrank by 2.6% in November

The economy contracted as lockdown restrictions in England hit the service sector hard, official figures show. from BBC News - Business https://ift.tt/3ideY3v

Thailand allows visitors to play golf in quarantine

At six resorts, visitors will be able to play golf, rather than just having to isolate in their rooms. from BBC News - Business https://ift.tt/2MXEmhY

Trump takes final swipe at China's biggest companies

With just days left, the US president continues crackdown on Chinese firms with more sanctions and bans. from BBC News - Business https://ift.tt/3bCMn6t

Biden unveils $1.9tn US economic relief package

The plan would help communities the US president-elect says have been hit hardest by the pandemic. from BBC News - Business https://ift.tt/2KewN5x

Rules of origin: Why are Percy Pigs a headache for M&S?

Rules of origin are a key part of the UK's trade deal with the EU. What are they? from BBC News - Business https://ift.tt/39yqyCj

Fleetwood Mac's Mick Fleetwood sells his recordings to BMG

The company acquires 300 recordings, or "18 hours of drumming", from the Fleetwood Mac founder. from BBC News - Business https://ift.tt/2LxQrtZ

Brexit: No plans to dilute workers' rights, minister says

It comes after reports that protections including the 48-hour work week could be dropped. from BBC News - Business https://ift.tt/2XESsXA

Small businesses await Covid insurance case ruling

The Supreme Court ruling will define payouts for many thousands of firms affected by the first lockdown. from BBC News - Business https://ift.tt/3spT6Xe

Brexit: 'most difficult week I've had in this job in 20 years'

Hauliers fear their jobs will get worse before they get better from BBC News - Business https://ift.tt/38OO27f

Australia rebukes Google for blocking local content

The tech giants are fighting the Australian government over plans to make them pay for news content. from BBC News - Business https://ift.tt/3oNA6zH

Poshmark turns used clothes into $7.1bn stock listing

The firm raises more than $277m in its stock market debut, as investors see growth potential. from BBC News - Business https://ift.tt/2XEliHV

Pimlico Plumbers to make workers get Covid jabs

Founder Charlie Mullins says it is a "no-brainer" that workers should get immunised. from BBC News - Business https://ift.tt/3oFJoxE

Samsung Galaxy S21 Ultra: Does stylus spell end of the Note?

The S21 Ultra's support for an S Pen will fuel speculation that the Note range's days are numbered. from BBC News - Business https://ift.tt/3qqVpaV

Bentley ordered to destroy clothing in fashion line trademark row

Bentley Motors lost a legal battle with a Manchester-based clothing company of the same name. from BBC News - Business https://ift.tt/3sj6aO2

Covid contraction shrinks German economy by 5%

Figures for 2020 show a sharp decline, but less severe than many economists had expected. from BBC News - Business https://ift.tt/2KcDKUH

German freight giant DB Schenker pauses UK deliveries

DB Schenker, owned by rail firm Deutsche Bahn, is suspending UK deliveries over Brexit bureaucracy. from BBC News - Business https://ift.tt/3oKODMv

Primark warns of £1bn hit from lockdown shop closures

Most of the fashion retailers' stores globally are shut due to Covid, including its 190 UK shops. from BBC News - Business https://ift.tt/2LRJJyB

Gatwick: Norwegian axes 1,000 jobs at airport in long haul cuts

Norwegian will continue to operate its short-haul network, but will lose 2,000 staff globally. from BBC News - Business https://ift.tt/38Mzd57

Carillion: Legal bid launched to ban former directors

The new business secretary says banning eight directors of the failed contractor is in the public interest. from BBC News - Business https://ift.tt/2LvAK6A

Smart locks: Convenience comes with security doubts

More people are using digital locks for their houses, but how secure are they? from BBC News - Business https://ift.tt/3i47Vdi

Tesco sees record Christmas sales as shoppers 'treat themselves'

The supermarket giant says customers chose "to treat themselves" as much of the UK was locked down. from BBC News - Business https://ift.tt/2KbIwSn

Meng Wanzhou: Bullets sent in mail to Huawei's finance chief

Under house arrest in Canada on bank fraud charges, Ms Meng has reportedly received death threats. from BBC News - Business https://ift.tt/2XC8oKv

Coronavirus: Loganair plans for 'recovery' with Isle of Man routes

Loganair says it hopes to 'ramp up' flights between UK and Isle of Man despite the ongoing pandemic. from BBC News - Business https://ift.tt/3igNWrV

New York City is latest to cut Trump business ties

The Trump Organization has contracts with the city to run skating rinks, a carousel and a golf course. from BBC News - Business https://ift.tt/3sn5nvs

Bosses failing to support domestic abuse victims, says government

The government wants bosses to do more to help victims as reports of domestic abuse soar in lockdown. from BBC News - Business https://ift.tt/3oJdoZF

Covid-19: Passengers told to check train times as routes cut

Services in England are being cut from 87% of normal levels to 72%, the Rail Delivery Group says. from BBC News - Business https://ift.tt/2MXk7AZ

'Covid means we may lose our first home'

First-time buyers are calling on the government to extend a Help to Buy deadline amid Covid-related delays. from BBC News - Business https://ift.tt/2N3pZc8

Vaccine confidence: holiday bookings grow among older tourists

Some companies have seen bookings more than double those of last year amongst retirees from BBC News - Business https://ift.tt/39nJuU4

Covid-19: New test rule for UK arrivals pushed back to Monday

A negative test had been due to be required from Friday, but ministers said people needed time to prepare. from BBC News - Business https://ift.tt/3bFEDAu

How much can Joe Biden get done on the US economy?

The new US president may have more scope to make change than initially thought. from BBC News - Business https://ift.tt/3qjIp6U

Has coronavirus made us more ethical consumers?

Studies show shoppers on both sides of the Atlantic are more ethically and environmentally minded. from BBC News - Business https://ift.tt/3bCpMab

Brexit will increase food supply chain costs, warn business groups

Brexit deal red tape will raise food and manufacturing supply chain costs, business groups tell MPs. from BBC News - Business https://ift.tt/3nHQLTS

The password guess worth $240m in Bitcoin

A programmer is trying to remember the password to unlock a digital wallet set up a decade ago. from BBC News - Business https://ift.tt/35y65MI

Furlough fraud: I'm still registered as furloughed for a job I quit'

Amid reports of mass furlough fraud the BBC hears from one worker who quit work but still gets furlough pay. from BBC News - Business https://ift.tt/35DRteN

Covid: Car loan lenders can seize vehicles from February

A ban on repossession of vehicles will end but, for homes. will be extended for two months, new plans say. from BBC News - Business https://ift.tt/3bEIihZ

Morrisons to be first UK supermarket to pay minimum £10 an hour

Morrisons will become the first UK supermarket to pay minimum £10 an hour from April. from BBC News - Business https://ift.tt/3qd6coQ

Covid: 'Money is tight, I think about it every day'

A report finds the pandemic has had a disproportionate impact on those already living in poverty. from BBC News - Business https://ift.tt/2LNoqOF

Lockdown Christmas: Pink prosecco and takeaway sales surge

Lidl, Just Eat and Asos say demand for fizz, takeaways and clothes all rose during December. from BBC News - Business https://ift.tt/2Xz3XQi

Media billionaire David Barclay dies, aged 86

Together with his twin brother, Sir David built a business empire spanning hotels, retail and newspapers. from BBC News - Business https://ift.tt/2XAd8jD

Tesla moves a step closer to launching in India

The electric car maker has registered a company in the country although its future plans remain unclear. from BBC News - Business https://ift.tt/38DWWnZ

Coon Cheese rebrands in Australia after anti-racism campaign

The 86-year-old name will disappear in Australia from July, after a campaign by Aboriginal groups. from BBC News - Business https://ift.tt/35wOt3O

Huawei patent mentions use of Uighur-spotting tech

The company denies selling technology that can identify the ethnic group and plans to reword the patent. from BBC News - Business https://ift.tt/3sjlSc3

CEO Secrets: 'I couldn't build a company on my own'

The co-founders of German nutritional drink start-up YFood explain why they rely on each other. from BBC News - Business https://ift.tt/2XxLvHN

Brexit: Supermarkets says 'urgent intervention' needed over NI food supplies

The UK's major supermarkets warn the government that action is needed to prevent further disruption. from BBC News - Business https://ift.tt/2LqVkoG

UK tightens rules on using Uighur-picked cotton

Government says UK exports will also be monitored to ensure goods are not used in Uighur camps. from BBC News - Business https://ift.tt/3bwdCj1

John Lewis suspends click and collect over virus safety

The department store owner said it was tightening measures after a "change in tone" from the government. from BBC News - Business https://ift.tt/3qdELv3

Casino mogul and political donor Sheldon Adelson dead at 87

Mr Adelson was known for his support of Republicans and the state of Israel. from BBC News - Business https://ift.tt/3oH3SGj

Tesco, Asda and Waitrose ban shoppers without face masks

It follows similar moves by Morrisons and Sainsbury's, but those with medical excuses will be exempt. from BBC News - Business https://ift.tt/39qlKPh

Families 'struggling to pay for funerals'

A report suggests there is a widening gap in the cost of funerals in different parts of the UK. from BBC News - Business https://ift.tt/2LqYtVl

Royal Dutch Shell to cut more than 300 North Sea jobs

The oil giant says 330 posts will go, leaving a workforce in Aberdeen of about 1,000 people. from BBC News - Business https://ift.tt/35wqr94

Edinburgh Woollen Mill rescue deal to save 2,500 jobs

Investors agree to save the chain, along with Ponden Home and Bonmarché, which could save 2,500 jobs. from BBC News - Business https://ift.tt/35xt1Mc

Warhammer sales surge for Games Workshop despite shop closures

Sales of Games Workshop's fantasy game have jumped as people spend more on hobbies in lockdown. from BBC News - Business https://ift.tt/3i3AgQS

Royal Mail lists areas hit by Covid postal delays

Deliveries may be delayed in 28 areas due to "resourcing issues", the postal group says. from BBC News - Business https://ift.tt/2LinRge

Firms scrap political donations over Capitol riots

Many companies say they won't donate to Senators who refused to certify President-elect Biden's win. from BBC News - Business https://ift.tt/3qbTzKS

Private equity firm eyes stake in All Blacks

New Zealand's national treasure has burned through nearly half of its cash reserves due to lockdowns. from BBC News - Business https://ift.tt/3bC4yt3

Samsung bets on bespoke fridges to lure millennials

The South Korean electronics firm says it is focusing on personalised devices for younger customers. from BBC News - Business https://ift.tt/35uofiA

Retail sales in 2020 worst on record, says BRC trade body

A slump in demand for fashion and homeware during lockdown left many retailers struggling. from BBC News - Business https://ift.tt/3oC9kdD

UK leading the way in use of language-learning apps

As the pandemic has given us time to fill, more of us are learning a new language. from BBC News - Business https://ift.tt/3bq6m8j

Covid-19: New test rule for UK arrivals from Friday

International travellers will have to take a Covid test up to 72 hours before departing. from BBC News - Business https://ift.tt/2LJKXvL

Ford ends decades of Brazil manufacturing

The US car giant is closing its last three Brazilian factories, with a loss of 5,000 jobs. from BBC News - Business https://ift.tt/3ny3JDS

Marks & Spencer snaps up Jaeger fashion brand

M&S is buying the brand out of administration, but not Jaeger's scores of shops and concessions. from BBC News - Business https://ift.tt/3bvFweW

Supermarket staff: 'We're lucky if people wear masks'

Shop workers say the third lockdown is the worst ever for customers not sticking to safety rules. from BBC News - Business https://ift.tt/3nyXLTg

UK economy 'to get worse before it gets better'

New Covid curbs are necessary but they will hit the economy, Chancellor Rishi Sunak warns. from BBC News - Business https://ift.tt/2LlNLQ5

'My spending has gone up, not down, in lockdown'

A study finds that the financial burden on poorer families has increased during the pandemic. from BBC News - Business https://ift.tt/2LDK6wL

Etsy sorry as 'Camp Auschwitz' T-shirt sparks fury

The online marketplace removes "disrespectful" T-shirt after a complaint from the Auschwitz Memorial. from BBC News - Business https://ift.tt/39pCBBV

Coronavirus: 'Concern' over Covid rule breakers in supermarkets

Vaccines minister Nadhim Zahawi says that rules must be adhered to when shopping for food. from BBC News - Business https://ift.tt/2XujpNF

Cryptoasset investing? Be prepared to lose the lot, warns watchdog

The Financial Conduct Authority issues a striking warning to investors in unregulated cryptoassets. from BBC News - Business https://ift.tt/2LFZzfE

Royal Mail: Former Test and Trace director named as new boss

Simon Thompson, who also worked for online grocer Ocado, will begin his role immediately. from BBC News - Business https://ift.tt/3i1mbmW

Dr Martens kickstarts plan to join stock market

The current owner of the footwear brand is considering making shares in the firm available to investors. from BBC News - Business https://ift.tt/3hZ2e0i

Parler social network drops offline after Amazon pulls support

The platform had been reliant on Amazon's cloud computing service, which has pulled its support. from BBC News - Business https://ift.tt/3q1VRvQ

China's Baidu and Geely partner up for smart cars

The search engine giant and carmaker will go up against Tesla and other homegrown competitors. from BBC News - Business https://ift.tt/3qcb3Xd

Terra Carta: Prince Charles asks companies to join 'Earth charter'

He wants businesses to do more to protect the planet as he marks 50 years of environmental campaigning. from BBC News - Business https://ift.tt/38uLGKg

China brings in new law to fight Trump's sanctions

Chinese officials are bracing for more punitive measures in Donald Trump's final days in office. from BBC News - Business https://ift.tt/3oBQxyU

Covid: Record number of small firms 'set to close'

Without more help to counter the pandemic, a quarter of a million firms could go, an industry body says. from BBC News - Business https://ift.tt/3bnRWFL

Greener planes of the future... or just pretty plans?

The aerospace industry is testing models of radical looking aircraft, but will they ever make it into production? from BBC News - Business https://ift.tt/2MyAX99

Cladding flat owners told not to talk to press

The government says a draft agreement saying flat owners need its approval first is "standard". from BBC News - Business https://ift.tt/2LCjjkq

Online retailer Ocado warns of 'missing items' as suppliers cut choice

It said there may be "an increase of missing items and substitutions over the next few weeks." from BBC News - Business https://ift.tt/3i0zmoh

CES 2021: The tech expo swaps Vegas for a virtual show

How the giant tech showcase has swapped Vegas for a virtual event this year. from BBC News - Business https://ift.tt/3bq3BUA

Motorhomes 'missing' after rental firm collapsed

Lenders face big losses after the company went bust owing £7m, while some vehicles are "missing". from BBC News - Business https://ift.tt/2K11rPL

Can onboard rollercoasters save the cruise industry?

January 09, 2021

The Mardi Gras is going overboard with new features to lure back passengers including a micro-brewery. from BBC News - Business https://ift.tt/3q03Nh2

OECD: Lockdowns here to stay, even with vaccine plan

The economic think-tank tips a better economy in 2021 but success will depend on the vaccine rollout. from BBC News - Business https://ift.tt/35pOW81

Lockdown lessons: The firms adapting and thriving

Three small businesses explain how they have adapted to cope with the pandemic over the past year. from BBC News - Business https://ift.tt/38s2uBR

US hit as jobs fall for first time since April

The US economy lost 140,000 jobs in December, as rising coronavirus cases took a toll. from BBC News - Business https://ift.tt/39dY6FB

Renters: Eviction ban in England extended for six weeks

Councils will also be given extra funding to accommodate rough sleepers, the government announces. from BBC News - Business https://ift.tt/2XobVf6

BA Holidays selling Caribbean departures for this weekend

Despite the UK in lockdown, and other tour firms halting operations, the company has departures this weekend. from BBC News - Business https://ift.tt/3nosmTq

Google Chrome browser privacy plan investigated in UK

The Competition and Markets Authority will explore whether Google is abusing its market dominance. from BBC News - Business https://ift.tt/38qBFhu

Soaring house prices in 2020 likely to slow this year, says Halifax

The lender says it expects "downward pressure on house prices" in 2021 following annual rise of 6% last year. from BBC News - Business https://ift.tt/39bQLpZ

Asos to create 2,000 jobs at new Lichfield centre

The site in Lichfield will employ 2,000 people over the next three years, the fashion group says. from BBC News - Business https://ift.tt/2Lc0DIs

Marks & Spencer sees festive revenues slump

Modest growth in food sales fails to offset big declines in the retailer's clothing division. from BBC News - Business https://ift.tt/3q0W9TE

Brexit: Problems grow at UK ports with backlogs and delays

Many retailers believe they will be paying taxes on exports of goods that are not fully made in Britain. from BBC News - Business https://ift.tt/3pZLJnw

Apple and Hyundai announce electric car tie-up

The US tech titan joins forces with the Korean car company to develop self-driving vehicles. from BBC News - Business https://ift.tt/3pZpluf

Coronavirus: Arrivals in England and will soon need negative test

The new measures are expected to come into effect in England early next week amid rising infections. from BBC News - Business https://ift.tt/3hQXv0B

Employment: Demand for UK workers 'picks up' in December

But firms may be hesitant to take on permanent staff during the Covid crisis, new research suggests. from BBC News - Business https://ift.tt/2MLi4jx

Food waste: 'I'll have to throw away £6,000-worth of milk'

While restaurants and shops have been given tax breaks, firms that supply them fear for the future. from BBC News - Business https://ift.tt/3pSVOlY

Covid tests for Channel hauliers to continue 'until further notice'

Lorry drivers will need a negative result to cross into France until further notice, the government says. from BBC News - Business https://ift.tt/3opr6Rl

Boeing to pay $2.5bn over 737 Max conspiracy

Boeing is to pay $2.5bn to settle US criminal charges over 737 Max aircraft conspiracy - US Department of Justice. from BBC News - Business https://ift.tt/3hOSxkY

US backs down from tariffs over French tech giant taxes

The decision comes less than three weeks before US President Donald Trump is due to leave office. from BBC News - Business https://ift.tt/2L1GWmL

Meat factories warn Covid absences could hit supplies

Industry body calls for the early vaccination of workers to keep supply chains running smoothly. from BBC News - Business https://ift.tt/3pYYcYx

US firms condemn 'appalling' insurrection

Executives who have worked with US President Donald Trump have called for a peaceful transfer of power. from BBC News - Business https://ift.tt/2MA5bZq

LVMH seals purchase of Tiffany after takeover fight

LVMH said it was installing new leadership at the US jeweller, including a son of its chief executive. from BBC News - Business https://ift.tt/3bf9PXa

John Lewis among UK firms scrapping overseas deliveries

Department store chain John Lewis is one of many British businesses abolishing overseas deliveries. from BBC News - Business https://ift.tt/3hTon04

Elon Musk becomes world's richest person as wealth tops $185bn

The Tesla and SpaceX owner replaces Jeff Bezos as the richest man on the planet. from BBC News - Business https://ift.tt/3bhL3Wv

National Express to suspend all services

The firm says tighter Covid restrictions and falling passenger numbers have prompted the decision. from BBC News - Business https://ift.tt/38kFmF5

Pub group Mitchells & Butlers seeks cash amid lockdown closures

The owner of pub chains Harvester and All Bar One says current restrictions cost it up to £40m a month. from BBC News - Business https://ift.tt/38nkY6p

'New York is not dead, but it is on life support'

Has the coronavirus pandemic hurt America's fragile urban revival - or killed it? from BBC News - Business https://ift.tt/2JVgoTA

Ryanair cuts flight schedule amid new lockdowns

The airline warns few, if any, flights will operate to or from Ireland or the UK from the end of January. from BBC News - Business https://ift.tt/3pXy9Rk

Sainsbury's sees sales surge over Christmas

The supermarket giant reports a bumper Christmas, with sales up 9.3% for the festive trading period. from BBC News - Business https://ift.tt/3s3dVrq

Brexit: UK-Ireland lorry traffic at Holyhead port slumps

Lorry traffic between Holyhead and Dublin is down to about one-third of usual capacity. from BBC News - Business https://ift.tt/3opfRYV

Game maker Roblox's value rockets seven-fold during pandemic

The online game maker is now pushing ahead with a shares debut after securing fresh funding. from BBC News - Business https://ift.tt/3omzhOj

NYSE in a spin over Chinese telecoms delistings

The New York stock exchange has sparked confusion over its reversal on ejecting the three firms. from BBC News - Business https://ift.tt/2LcCAch

British Gas staff start five-day strike over pay

Owner Centrica says it will prioritise vulnerable households and emergencies during the walkout. from BBC News - Business https://ift.tt/2MG0ygB

Government vows to end complex leasehold costs

The proposals should help those with shorter leases fearing bills of many thousands of pounds. from BBC News - Business https://ift.tt/3s90I0n

Lockdown: 'I've borrowed £4m just to remain closed'

The new lockdown has pushed pubs and restaurants into yet more debt, some of which may never be repaid. from BBC News - Business https://ift.tt/396InIy

Social media giants remove Trump video

YouTube, Google and Facebook have taken his message to protesters down due to false allegations. from BBC News - Business https://ift.tt/2JV1axU

Elon Musk's guide to getting ahead in business

Six principles that have helped Elon Musk become one of the richest people on the planet. from BBC News - Business https://ift.tt/2LbHiXV

Amazon plots a course into the healthcare industry

Amazon has moved into the pharmacy business and analysts see further moves into healthcare. from BBC News - Business https://ift.tt/3pUYcJb

Little action at Trump auction for Arctic oil rights

An Alaska state agency emerged as the main bidder at the sale, which was opposed by environmentalists. from BBC News - Business https://ift.tt/3hPXTfV

McDonald's pauses walk-in takeaways in lockdown

Drive-through and delivery services will still be available while it reviews its safety procedures. from BBC News - Business https://ift.tt/3bgjqNw

Nvidia takeover of chip designer Arm investigated

The Competition and Markets Authority will look at the deal for the firm whose chips power most smartphones. from BBC News - Business https://ift.tt/3nf6rhi

Amazon pledges billions for affordable homes in US

The effort comes as housing prices have skyrocketed, creating an affordability crisis. from BBC News - Business https://ift.tt/3s7OaGz

Fraudsters use Covid and social media to peddle scams

One scam tells recipients they are "eligible to apply for your vaccine" with a link to a bogus NHS website. from BBC News - Business https://ift.tt/3hOcrML

Covid: What are the rules for pubs and restaurants across the UK?

Pubs and restaurants across the UK are currently closed, but can offer some takeaways. from BBC News - Business https://ift.tt/3f9kTUv

Shoppers told not to buy more than normal

Stores seek to reassure shoppers that there is no need to bulk-buy in new lockdown. from BBC News - Business https://ift.tt/35hmhSx

Covid: Grand Central and Hull Trains suspend services for a third time

It is the third time Grand Central and Hull Trains have temporarily stopped services. from BBC News - Business https://ift.tt/35ePTQm

Greggs 'will not bounce back until 2022'

The bakery chain says its profits will not return to pre-Covid levels until 2022 at the earliest. from BBC News - Business https://ift.tt/2Lqn2BH

Neil Young sells song rights in '$150m' deal

Investment company Hipgnosis buys a half share of 1,180 songs by the Canadian folk rocker. from BBC News - Business https://ift.tt/2MuzHns

Lai Xiaomin: Criticism of death sentence on former Chinese tycoon

The harsh penalty for a former finance chief is a "major step backwards" says human rights activists. from BBC News - Business https://ift.tt/3oiAdD3

M&S signs call to action over Uighur forced labour

M&S said it was important to encourage other companies to examine their clothing supply chains . from BBC News - Business https://ift.tt/3okbizc

Trump bans Alipay and seven other Chinese apps

The latest executive order by the US president will only take effect after he has left office. from BBC News - Business https://ift.tt/3bdleqg

Coronavirus: Arrivals in UK could soon need negative test

The government says it is considering the move to prevent the virus spreading "across the UK border". from BBC News - Business https://ift.tt/3hPYvlt

UK new car registrations in 2020 sink to 30-year low

New 2020 car registrations sink to a 30-year low and see biggest one-year drop since the Second World War from BBC News - Business https://ift.tt/391mA52

Covid: 12 life tasks in lockdown - what has changed?

From registering a birth to getting a plumber. not everything is the same as during the first lockdown. from BBC News - Business https://ift.tt/3b9Us23

FTSE 100 chief executives 'earn average salary within 3 days'

FTSE 100 bosses will earn more in the first three days of this week than the average workers' annual wage. from BBC News - Business https://ift.tt/2JNBAL3

CEO Secrets: 'Try bartering to kickstart your business'

The boss of an advertising screens company says he used barter to get a prime London office location. from BBC News - Business https://ift.tt/38eeDtT

TalkRadio: YouTube kicks channel off its platform

The Google-owned video-hosting service has yet to give a reason for its action. from BBC News - Business https://ift.tt/38gsD6l

Honda's Swindon factory temporarily suspends production

The car manufacturer blames global supply delays for the latest disruption at its Swindon factory. from BBC News - Business https://ift.tt/2XcLYix

Covid: Can my boss force me to go to work?

As England and Scotland enter new coronavirus lockdowns, what are the rules about going to work? from BBC News - Business https://ift.tt/3dAoz0F

Train services set to be reduced in lockdown

Some in the industry are anticipating reductions of between 50-60% of normal service. from BBC News - Business https://ift.tt/35c0749

Tui and Thomas Cook cancel bookings as lockdown begins

Tui and Thomas Cook cancel holidays after new coronavirus restrictions are imposed. from BBC News - Business https://ift.tt/3rOUClo

Paperchase on the brink of administration

The stationery chain which has 127 stores and around 1,500 employees says shop closures hit it hard. from BBC News - Business https://ift.tt/3rPJc0V

Government offers firms new grants to survive lockdown

Businesses in retail, hospitality and leisure will receive new grants to help them keep afloat. from BBC News - Business https://ift.tt/3bbbux0

Morrisons' sales boosted by early Christmas shopping

The supermarket saw strong trading over the key Christmas period, with a big jump in sales of champagne. from BBC News - Business https://ift.tt/2KU5Ftb

Australian advert of man eating bat sandwich investigated

Australia's advertising watchdog says it has received a number of complaints from viewers. from BBC News - Business https://ift.tt/3n9Vo96

NYSE scraps plans to delist Chinese telecoms giants

The New York Stock Exchange has made a U-turn following "further consultation" with regulators. from BBC News - Business https://ift.tt/3pTo3kn

Supermarket websites feel the strain of new lockdown

Shoppers rush to secure online delivery slots as demand surges following news of another lockdown. from BBC News - Business https://ift.tt/3ohej30

UK 'cannot duck' post-Covid inequalities

A growing divide over education, jobs, and ethnicity threaten the fabric of society, says Nobel laureate's study. from BBC News - Business https://ift.tt/3nd6D0v

Covid exercise: 'I'll never go back to the gym again'

An explosion in fitness tech means not everyone will be rushing back to gyms when they can reopen. from BBC News - Business https://ift.tt/2Xa6NuQ

New York transit workers: 'We don't get respect'

A subway conductor and a bus driver in New York share their stories of working during the pandemic. from BBC News - Business https://ift.tt/3rUjFDS

Lockdown: 'The road to recovery just got longer'

Business leaders call for more financial help as the lockdown plunges more firms into a fight for survival. from BBC News - Business https://ift.tt/3n8UycI

UK expats prevented from returning home to Spain

UK nationals resident in Spain say they were wrongly turned back when their flight landed in Barcelona. from BBC News - Business https://ift.tt/3nbzdPJ

Google workers form tech giant's first labour union

The group of more than 200 engineers say Google must to live up to its 'Don't be evil' pledge. from BBC News - Business https://ift.tt/3odXtlV

Mortgage lending surges to 13-year high

A stamp duty holiday, which expires in March, sparked a flurry of homebuying activity. from BBC News - Business https://ift.tt/2MmC9wf

Virgin Media broadband price rises of up to £54 in 2021

Virgin Media says customers will see bills go up 4% on average, between £30 and £54 a year for most. from BBC News - Business https://ift.tt/2KRMYX3

EU firms refuse UK deliveries over Brexit tax changes

Some specialist firms across the EU are no longer delivering to the UK because of Brexit tax changes. from BBC News - Business https://ift.tt/3ngR0oO

Covid: Can I go on furlough and how much will I be paid?

More people are now eligible for furlough, with the scheme extended until April 2021. from BBC News - Business https://ift.tt/2UE9lBa

FTSE 100 rallies amid Covid vaccine rollout

Shares surge on the first day of trading in 2021 as the rollout of the second vaccine gets under way. from BBC News - Business https://ift.tt/2JGKLNk

Amazon's Jeff Bezos: The richest person in the world

As 2020 ended, Jeff Bezos's wealth was estimated to be more than $185bn (£135bn), after he made tens of billions during the Covid-19 pandemic. from BBC News - Business https://ift.tt/3iG1qgS

Circus ring mistress 'grateful' for food banks in lockdown