News Prop

In recent months, Tesla has faced lawsuits over alleged sexual harassment and racist abuse. from BBC News - Business https://ift.tt/3rEi0Vl

UK inflation: Rising costs could push family spend up £1,700 a year

Monthly spend over Christmas expected to increase by £109, according to projections for BBC Panorama. from BBC News - Business https://ift.tt/319A4vF

'My late mother's belongings were stuck in customs'

Consumer group Which? says people sending Christmas parcels to the EU need to be aware of the rules. from BBC News - Business https://ift.tt/3rnVUpD

Shops step in to supply cash as ATMs close

A scheme allowing shoppers to get cashback at the till will see rapid expansion in the next few weeks. from BBC News - Business https://ift.tt/3I8G0p1

Covid: 'We could miss our son's wedding over travel rules'

Visitors to the UK say new rules to slow the spread of Omicron have thrown travel plans into doubt. from BBC News - Business https://ift.tt/3phaooB

Some supermarkets will not enforce mask wearing

Most supermarkets are taking a light touch when it comes to new face mask rules. from BBC News - Business https://ift.tt/3D5viMp

Omicron raises uncertainty around inflation, says Powell

The term "transitory" should be "retired" as a way of describing high inflation, Jerome Powell tells Congress. from BBC News - Business https://ift.tt/3Eb0mvI

Labour shortage: Is Santa Claus coming to town this year?

With fewer Santas donning their suits and more demand for holiday cheer, Santa will be in short supply. from BBC News - Business https://ift.tt/3151oLz

TSB to close another 70 branches by July

The bank had 475 branches just over a year ago, but a fresh round of closures will leave it with 220. from BBC News - Business https://ift.tt/3llcbYM

Global markets fall after Moderna Omicron warning

Stock markets slide after Moderna boss casts doubt on vaccine effectiveness against new variant. from BBC News - Business https://ift.tt/3p9WO6F

Zara founder’s daughter becomes retail group's chairwoman

Marta Ortega will replace Pablo Isla as chairwoman of Zara’s parent firm Inditex. from BBC News - Business https://ift.tt/3E8hn9M

EasyJet says Omicron has weakened bookings

But the airline's boss says it is early days and that summer bookings are close to pre-pandemic levels. from BBC News - Business https://ift.tt/3d270s3

MPs back setting new-build house ground rent at one peppercorn a year

People with leases on new-build houses say freeholders are charging them exorbitant amounts. from BBC News - Business https://ift.tt/3rhnpBn

Westpac: Australia bank pays out over charging dead people

Australia's second largest bank Westpac has agreed to pay $81m in penalties and compensate customers. from BBC News - Business https://ift.tt/3d01FkX

Amazon: Union election to be rerun after claims of foul play

Amazon workers in the US state will get a second chance to unionise in a major blow to the online giant. from BBC News - Business https://ift.tt/3lnjFKV

Jack Dorsey: What's next for Twitter's co-founder?

The last time the tech visionary left Twitter, he set up another company now worth $100bn. from BBC News - Business https://ift.tt/3o7LTet

Why broken African phones are shipped to Europe

A lack of recycling facilities in Africa has spurred one Dutch company to import broken phones. from BBC News - Business https://ift.tt/3E5Gmug

Covid: 'We’ve had 20 cancellations in one weekend'

As worries emerge over a new Covid variant, hospitality fears it could thwart the busiest time of year. from BBC News - Business https://ift.tt/2ZzPubx

Mandatory masks: 'We worry people won't shop with us'

Shopkeepers are concerned about enforcing mask-wearing and terrified they will have to close again. from BBC News - Business https://ift.tt/3ll1h5g

Facial recognition firm faces possible £17m privacy fine

Clearview AI allegedly breached privacy rules and must now delete relevant photos from its records. from BBC News - Business https://ift.tt/31fozT3

Asda charters cargo ship to prevent Christmas shortages

Supermarket says the move ensures it will not run out of decorations, gifts and toys. from BBC News - Business https://ift.tt/3rl0wx0

Twitter founder Jack Dorsey steps down as chief executive

The founder and chief executive will step down from leading the company. from BBC News - Business https://ift.tt/3D5mKVZ

Nissan boss warns no end in sight to global chip shortage

The Omicron variant could exacerbate the shortage of chips used in cars, Makoto Uchida tells the BBC. from BBC News - Business https://ift.tt/3I5YjLB

Covid: Omicron variant causes passengers to scramble for flights

One traveller told the BBC he had found an alternative flight home, but quarantine hotels were full. from BBC News - Business https://ift.tt/3riPl83

Omicron: What Covid refund rights are there for holidays abroad?

What rights do you have if your holidays plans or rules change, as a new Covid variant affects travel? from BBC News - Business https://ift.tt/3cX48wC

Upcoming Moon missions spur the search for new spacesuits

Nasa has asked the private sector to design new spacesuits that can be used on the Moon. from BBC News - Business https://ift.tt/2ZpjnLD

Macau casino shares fall after 'illegal gambling' arrests

A prominent gambling industry figure in Macau is believed to be among those arrested. from BBC News - Business https://ift.tt/3prrWPh

More than 17 million have used buy now, pay later services

Interest in buy now pay later options is surging, with growth fastest among users in their 40s and 50s. from BBC News - Business https://ift.tt/3xtJIF2

More work needed to create green jobs, report says

Efforts to create "green jobs" need to intensify if the government is to meet its target, a report says. from BBC News - Business https://ift.tt/3o0adib

Covid: Shoppers asked to respect new mandatory mask rules

The British Retail Consortium says people should show consideration to store workers and other shoppers. from BBC News - Business https://ift.tt/3E1VHfs

Covid: BA suspends Hong Kong flights amid crew quarantine

The airline has temporarily stopped flights after more of its staff were forced to isolate. from BBC News - Business https://ift.tt/3p5QCN0

737 Max: Boeing refutes new safety concerns

Critics claim publicly available data shows worrying failures on the 737 Max since its return to service. from BBC News - Business https://ift.tt/2ZuT1rK

Browns of Chester: How a city is coping without Debenhams

Browns of Chester served the city for 241 years before it closed when the chain collapsed in May. from BBC News - Business https://ift.tt/3oWhr66

UK car output suffers worst October for 65 years

Chip shortages lead to production dropping to the lowest level recorded for October since 1956. from BBC News - Business https://ift.tt/3cQo985

Covid: Airlines' share prices plunge on new variant

BA-owner IAG and EasyJet see their shares fall ahead of a suspension of flights from six countries. from BBC News - Business https://ift.tt/32nYTE7

Poorest face food crisis amid fertiliser shortage

The boss of the world's largest fertiliser producer says gas prices are responsible for higher food prices. from BBC News - Business https://ift.tt/3HOMABb

Chinese tech giant Tencent told to suspend new app roll outs

It comes as China's technology industry regulator reviews compliance with new privacy rules. from BBC News - Business https://ift.tt/3HUfdNh

Black Friday spending set to soar despite fewer deals

Analysts say this year's sale will be the biggest ever, but struggling retailers won't offer as many discounts. from BBC News - Business https://ift.tt/3CTKRXi

Ghosn affair: The forgotten man in the Nissan scandal

Wife of a former Nissan boss on trial in Japan says he is a forgotten victim of the Carlos Ghosn affair. from BBC News - Business https://ift.tt/32n3MgH

Watchdog questions effectiveness of Kickstart job placement scheme

It is unclear whether the placement scheme for 16-24 year olds is working, says National Audit Office. from BBC News - Business https://ift.tt/3l8dt9k

'I don't need a new TV, but I'll probably get one'

Black Friday is back and Americans, flush with Covid cash, are going out to spend. from BBC News - Business https://ift.tt/3nTPyMS

Black Friday: 'Harder to give big, headline discounts'

Steve Finch of toy retailer bopster, explains the pressures his firm is under for Black Friday this year. from BBC News - Business https://ift.tt/3laEmcH

Covid: Africa travel restrictions over variant fear

Several southern African countries have been added to the red list, Health Secretary Sajid Javid says. from BBC News - Business https://ift.tt/3FOwi9G

Amazon workers plan Black Friday strikes

Strikes or protests are planned in 20 countries, on one of the busiest days of the year for retail. from BBC News - Business https://ift.tt/3CLZyMl

Orbit Energy becomes the latest UK firm to go bust

The UK energy market has seen 23 companies collapse since September after wholesale gas prices rose. from BBC News - Business https://ift.tt/3FKpvxB

Passports: Delivery firm apologises for delays

FedEx apologises as hundreds say they have faced long waits to receive their travel documents. from BBC News - Business https://ift.tt/32CnVjf

London Stratford emerges as UK's busiest station

It was the most used during a year of lockdowns that saw passenger numbers drop 78% due to Covid. from BBC News - Business https://ift.tt/30XVRpm

Christmas parties set to be smaller this year, says pub boss

Parties are also likely to be in venues outside city centres, says the owner of Harvester and All Bar One. from BBC News - Business https://ift.tt/3DNhZRY

Inflation: South Korea raises rates to tackle price rises

It is the latest such move as soaring prices threaten to destabilise the post-pandemic recovery. from BBC News - Business https://ift.tt/3DMElD8

US blacklists a dozen more Chinese tech firms citing national security

The move comes as tensions grow between the US and China over the status of Taiwan and trade issues. from BBC News - Business https://ift.tt/3111bsD

UK government sets aside £1.7bn to support Bulb customers

The energy firm, with 1.7 million customers, has been put into a special form of administration. from BBC News - Business https://ift.tt/3r7mi77

JPMorgan: Boss 'regrets' saying bank will outlast Chinese Communist Party

Jamie Dimon has apologised after saying that his Wall Street bank would outlast China's ruling party. from BBC News - Business https://ift.tt/3CSIqnY

Indian government set to ban cryptocurrencies

The latest draft of a government bill to be submitted in India aims to ban most cryptocurrencies. from BBC News - Business https://ift.tt/3cNkkR7

LV= leaders criticised over openness in Bain Capital deal

Members should have been better informed about the proposed £530m takeover by the US private equity firm. from BBC News - Business https://ift.tt/3HQgyEY

Warning of less food choice this Christmas

Supply chain issues could mean consumers will have less food choice this Christmas suppliers tell MPs. from BBC News - Business https://ift.tt/30Z66KD

Lidl to ramp up UK store openings with 1,100 stores by 2025

The discount supermarket chain expects its expansion to create an extra 4,000 jobs. from BBC News - Business https://ift.tt/30U1Ziu

Samsung chooses Texas as site of new $17bn chip plant

The announcement comes as the US government has been calling on firms to tackle supply chain issues. from BBC News - Business https://ift.tt/30QUjgY

Universal credit boost for workers takes effect

Workers will get 8p more of any extra £1 earned but some say claimants will be no better off. from BBC News - Business https://ift.tt/3cHvaIb

Parcel firms 'failing to deliver on performance'

Hermes at bottom of a Citizens Advice league table, but most major firms had satisfaction problems. from BBC News - Business https://ift.tt/3CK3NrB

Covid debt cycle linked to mental health issues, says charity

People being treated for mental health difficulties must be directed to financial support, campaigners say. from BBC News - Business https://ift.tt/3xf4KHn

Covid and Brexit shrink Christmas markets

The UK's annual European Christmas markets will have fewer stalls and traders due to Brexit and the pandemic from BBC News - Business https://ift.tt/3kZpkGI

Can South Africa embrace renewable energy from the sun?

South Africa's main electricity company Eskom plans to switch from using coal to renewable energy. from BBC News - Business https://ift.tt/3l338eP

Apple sues Israeli spyware firm NSO Group

Apple is the latest in a string of firms and governments to go after the hacking tool firm. from BBC News - Business https://ift.tt/30VSYpx

Walgreens, CVS, and Walmart fuelled opioid crisis, Ohio jury finds

A federal court has found Walgreens, CVS and Walmart helped create an oversupply of addictive painkillers. from BBC News - Business https://ift.tt/3r63W6y

Italy fines Apple and Amazon over Beats headphones

Italy's competition authority fines the tech giants €200m over an exclusivity agreement. from BBC News - Business https://ift.tt/3xgfIMI

Crypto US constitution bidder refunds hit by high fees

Investors in an ill-fated scheme to buy the rare US document are being offered refunds with a catch. from BBC News - Business https://ift.tt/3FMQQiR

Turkish lira nose-dives 15% as president defies critics

The currency touched record lows as Tayyip Erdogan defended a controversial plan to cut interest rates. from BBC News - Business https://ift.tt/3oXbbeb

US to release oil reserves in attempt to lower prices

The move is being taken together with other major energy consuming nations, including China and the UK. from BBC News - Business https://ift.tt/3qZNuot

Energy firm failures will mean higher bills, says Scottish Power

Scottish Power says households will pay more for gas and electricity due to companies going bust. from BBC News - Business https://ift.tt/3HGvqFP

40-year mortgage deals pose questions for homeowners

The launch of long-term fixed-rate deals may test borrowers' appetite for certainty over cost. from BBC News - Business https://ift.tt/3oW2fG2

AO World warns of product shortages this Christmas

The online electricals retailer says lorry driver shortages and increased costs will hit profits. from BBC News - Business https://ift.tt/3FJ0seu

Uber makes its first step into the cannabis market

Customers will be able to place orders on the app then pick them up at nearby stores within an hour. from BBC News - Business https://ift.tt/3cVflOt

Atom Bank introduces four-day work week without cutting in pay

Atom Bank has cut its staff's hours by 10% without reducing their pay in a bid to improve wellbeing. from BBC News - Business https://ift.tt/3nFAzWE

Lush to stop its social media until it's 'safer'

The firm says it will close accounts "in an effort to address consumers’ mental health challenges". from BBC News - Business https://ift.tt/3r1V8yo

Black Friday: Prices 'same or less before in 2020 sale'

Consumer champion Which? says most products were priced cheaper or the same before last year's event. from BBC News - Business https://ift.tt/3CIUIPJ

The 99-year-old cyclist who has won a world silver medal

How a former World War Two pilot came second in a cycling competition for older people. from BBC News - Business https://ift.tt/3kWCLY0

Jerome Powell nominated to stay as US Federal Reserve chair

President Biden opts for continuity by nominating Jerome Powell to remain the head of the US central bank. from BBC News - Business https://ift.tt/3nFjcFh

Energy firm Bulb set to go into administration

The energy firm, with 1.7 million customers, is the largest gas and electricity company to face difficulties. from BBC News - Business https://ift.tt/3DIaU5h

Holidaymakers urged to use £132m in travel vouchers

Regulator says travellers must spend credit notes issued during the pandemic or risk losing them. from BBC News - Business https://ift.tt/3kYqqCD

Insurer LV= appeals to members over £530m bid

The firm is trying to persuade 1.2 million customers to back a controversial bid from US private equity. from BBC News - Business https://ift.tt/3nEJrfe

Police charge Amazon India executives in drug smuggling case

It comes after two men allegedly used the company's website as part of a drug smuggling operation. from BBC News - Business https://ift.tt/3kZZkLg

New homes in England to have electric car chargers by law

Charging points will also be required in new supermarkets and workplaces in England under government plans. from BBC News - Business https://ift.tt/3kWxkIH

Net-zero heralds a new industrial revolution, says CBI boss

The industry group's boss will also argue that emerging sectors such as biotech offer "a shot at redemption". from BBC News - Business https://ift.tt/3qUurfa

The small nuclear power plants billed as an energy fix

A host of firms are developing mini nuclear reactors but questions remain over safety and costs. from BBC News - Business https://ift.tt/3x04vzE

El Salvador Bitcoin city planned at base of Conchagua volcano

Funded by the cryptocurrency, it will use the volcano's energy to power mining, the president says. from BBC News - Business https://ift.tt/3HHx3D6

Northern Ireland to Scotland bridge plans scrapped

Building a fixed link would be too expensive, a feasibility study is expected to conclude. from BBC News - Business https://ift.tt/3x9wbCm

Šefčovič: EU accuses Lord Frost of 'political posturing'

The European Commission VP, Maroš Šefčovič, says the UK should not "bring more problems to the table". from BBC News - Business https://ift.tt/3oQlssz

Black Friday: Tech retailers fear supply chain delays will hit stock

November 20, 2021

Supply chain delays mean some firms may not be able to meet demand during the busy shopping period. from BBC News - Business https://ift.tt/3lgG0Kb

Greensill: State bank risked £335m to back lender, say MPs

A government-backed bank did not scrutinise Greensill Capital properly, MPs say. from BBC News - Business https://ift.tt/3oJwMXE

How pandemic burnout sparked a revival of a granny hobby

Covid pushed many of us to ditch screen time for hobbies - knitting was among the most popular. from BBC News - Business https://ift.tt/30DWIeQ

Liberty sites sold to Coventry automotive supplier Evtec

About 175 jobs are saved across two aluminium factories in the West Midlands. from BBC News - Business https://ift.tt/3cByrIV

Tesla worker files suit over 'nightmarish' harassment

The employee says she was subject to 'nightmarish' conditions, including vulgar comments and touching. from BBC News - Business https://ift.tt/3kQDXMk

Facebook gives users 'more control' over news feed

Facebook says it is testing controls to let users see more content from friends and less from groups. from BBC News - Business https://ift.tt/3CrS3tK

Workers offered unlimited holiday to stop burnout

Stockbroking firm FinnCap says staff must take at least four weeks off from next year. from BBC News - Business https://ift.tt/3nwobYU

HS2: Grant Shapps balks at betrayal claims over scrapped rail plan

The transport secretary says the "vast majority" of train journeys will be faster amid backlash. from BBC News - Business https://ift.tt/3Fwu8v3

HS2: Has the government broken its promises over high-speed rail?

Reality Check examines some of the claims surrounding the scaling back of HS2. from BBC News - Business https://ift.tt/3csS5XA

Early Christmas shopping lifts October retail sales

Consumers spent more on clothes and toys last month, boosting retail sales by 0.8% from BBC News - Business https://ift.tt/3x3AE9z

India PM Narendra Modi repeals controversial farm laws

PM Narendra Modi announced the decision after more than a year of protests by farmers. from BBC News - Business https://ift.tt/3DzeQoD

Alibaba: Shares dive after China spending slowdown warning

The tech giant forecast its annual revenue would grow at the slowest pace since its 2014 market debut. from BBC News - Business https://ift.tt/3HzJJMi

DR Congo data leak: Millions transferred to Joseph Kabila allies

Family and friends of former DR Congo President Joseph Kabila are named by Africa's biggest data leak. from BBC News - Business https://ift.tt/3oHqh7D

Facebook tells LA police to stop spying on users with fake accounts

Meta said using third party firms to collect data on Facebook users for surveillance was prohibited. from BBC News - Business https://ift.tt/3oB7quY

The new way to buy a car without ever leaving your sofa

Covid changed our shopping habits but will it shift how we make one of our biggest purchases? from BBC News - Business https://ift.tt/30FrPa0

The mums using Instagram to offer advice to new parents

Covid has led to an increase in parenting gurus using social media to support new mums and dads. from BBC News - Business https://ift.tt/3kNCN4f

US chain CVS closing 900 drugstores to focus on health services

The chain will lose nearly a tenth of its outlets and focus on providing more healthcare services. from BBC News - Business https://ift.tt/30Iu0dc

Cladding crisis: 'Some days I can't leave the house'

Research finds the cladding crisis is having a 'catastrophic mental health impact' on some leaseholders. from BBC News - Business https://ift.tt/3FpRjao

Fraud: Better chance of compensation for victims

A "lottery" on whether blameless scam victims are reimbursed is set to be strengthened by a law change. from BBC News - Business https://ift.tt/3oDb0op

HS2 Leeds link cut amid promise to transform rail

A key leg of the high-speed rail line is axed but government says upgrades will improve services. from BBC News - Business https://ift.tt/3wX0lIO

Post Office scandal: 'It’s been a strange 15 years'

Six more former subpostmasters have their convictions overturned in the Horizon IT scandal. from BBC News - Business https://ift.tt/3wWl9Ap

Engineering 'must change' to include everyone

A new engineering building is designed for students with autism to study in ways that suit them. from BBC News - Business https://ift.tt/30zdnjE

Paytm: Shares plunge in India's biggest ever market debut

Paytm, which counts Chinese giant Ant among its backers, raised $2.5bn in its IPO. from BBC News - Business https://ift.tt/3qM02iW

Evergrande: Chinese developer sells streaming firm stake for $273m

The debt-laden company said it would lose more than $1bn from selling the 18% stake in HengTen. from BBC News - Business https://ift.tt/3CsSyU8

Stop asking about salary history, employers urged

A campaign group says inquiries about previous pay when recruiting increases the gender pay gap. from BBC News - Business https://ift.tt/3FikcoW

CEO Secrets: Don't rely on one supplier, have a back-up

Always have a back-up supplier so they can take over if needed, says offcuts boss Nish Parekh. from BBC News - Business https://ift.tt/3kMOZSO

Rail to get £96bn injection to 'transform service'

Boris Johnson is to unveil "the biggest public rail investment" amid concern over possible HS2 cuts. from BBC News - Business https://ift.tt/3kLtTo7

Apple announces self-service repair scheme in win for campaigners

Users with the know-how will be able to order and replace iPhone screens and parts. from BBC News - Business https://ift.tt/3FsN91h

Minister says she can't find minutes of Covid meeting with Randox

Labour demands to know what was said on a call between a health minister, Owen Paterson and a Covid contractor. from BBC News - Business https://ift.tt/3oIPzT4

Tesla: JP Morgan sues for $162m after Musk tweets

Bank accuses Tesla of "flagrantly" breaching a deal after tweets in 2018 sparked share volatility. from BBC News - Business https://ift.tt/3qMeUhw

Amazon to stop accepting Visa credit cards in UK

The online giant says high Visa fees mean it won't process credit card transactions from 19 January. from BBC News - Business https://ift.tt/3FrAtHY

Consumer price rises soar to 4.2% in October

The costs of transport, hospitality, household goods and food and drink all rose, official figures show. from BBC News - Business https://ift.tt/3FEtD2j

Lidl to become UK's highest-paying supermarket

The retailer says it will increase its minimum pay level to £10.10 an hour from March next year. from BBC News - Business https://ift.tt/3Cl8zLX

Supply chain crisis: Japan's export growth slows as car production slides

Shipments of cars fell sharply as the global computer chip shortage has impacted the motor industry. from BBC News - Business https://ift.tt/3ozM7Kc

Panini: The sticker firm celebrating 60 years

How the football sticker maker survived a thieving tycoon and competition from Lycra-clad wrestlers. from BBC News - Business https://ift.tt/3DomxhD

Clarks agrees to mediation in fire-and-rehire strike

Talks begin today at conciliation service Acas as shoe warehouse dispute enters seventh week from BBC News - Business https://ift.tt/3Hu7XHK

How smart tech is supporting smallholders in South Africa

Small farms in Africa struggle to compete with commercial agriculture - can new platforms help? from BBC News - Business https://ift.tt/3qGLVLO

UK announces plan to boost overseas trade

The aim is to boost exports to £1 trillion a year by the end of the decade, says the government. from BBC News - Business https://ift.tt/3DrdM6h

Arm-Nvidia deal: UK orders further inquiry

The UK's competition watchdog is told to investigate the proposed takeover further. from BBC News - Business https://ift.tt/3qJEOlK

Two energy suppliers stop trading as gas price soars

Neon Reef and Social Energy Supply have become the latest domestic suppliers to cease trading. from BBC News - Business https://ift.tt/2YUFeKM

Amazon to pay $500,000 over concealed Covid cases

The delivery giant left its workers "terrified and powerless", says California's attorney general. from BBC News - Business https://ift.tt/3279rHM

Row over sale of insurer LV= escalates

The insurer's bosses say rival Royal London is trying to destabilise a sale to private equity firm Bain. from BBC News - Business https://ift.tt/3cefiNg

Nord Stream 2: Germany halts approval of Russian gas link

Nord Stream 2 has been beset by delays and criticised by many of Germany's allies. from BBC News - Business https://ift.tt/3288Zcj

Jobs recovery continues despite end of furlough

The number of workers on payrolls rose in October despite the end of the job support scheme. from BBC News - Business https://ift.tt/3nkTiXj

Coronavirus: Cathay Pacific imposes tough new rules on aircrew

The airline will require crew to "avoid unnecessary social contact" for three weeks after layovers. from BBC News - Business https://ift.tt/3cgKHyz

Google: US technology giant to invest $740m in Australia

The firm says it will create 6,000 jobs as it builds a research hub and expands its cloud capacity. from BBC News - Business https://ift.tt/3oygl0b

Philippines central bank boss says inflation biggest challenge of 2022

Benjamin Diokno says price rises will be a bigger threat to economies next year than Covid-19. from BBC News - Business https://ift.tt/3cdM40L

Zoopla: Rents rising at fastest pace in 13 years, says report

Rents are rising at the fastest pace since 2008 as strong demand outstrips supply, says one online platform. from BBC News - Business https://ift.tt/3kCsPTu

Kickstart youth jobless plan helps 100,000

More than 100,000 young people have started new jobs under the £2bn government scheme, figures show. from BBC News - Business https://ift.tt/30xZTVM

Five items that tell the story of price rises

How garden fences and savoury snacks can help us understand why the cost of living is accelerating. from BBC News - Business https://ift.tt/2YNjMXU

The robots behind the bar that want to pull your next pint

A growing number of tech firms have developed robots the say could replace bar staff. from BBC News - Business https://ift.tt/30m7NkL

Biden signs 'once-in-a-generation' $1tn infrastructure bill into law

The 'once-in-a-generation' law nearly failed to pass Congress this month amid Democratic infighting. from BBC News - Business https://ift.tt/3ovBok2

Apple digital ID scheme comes with conditions and costs

Apple's digital driver's licence scheme has strict stipulations and may costs taxpayers. from BBC News - Business https://ift.tt/3ne0C74

Xbox 20th anniversary: 'Will we have TVs in 20 years time?'

Xbox boss Phil Spencer talks to BBC podcast Press X to Continue on the console's 20th anniversary. from BBC News - Business https://ift.tt/30v5Anl

HS2 rail extension to Leeds set to be scrapped

Plans to extend the eastern leg of the high speed network will be ditched in favour of new shorter links. from BBC News - Business https://ift.tt/3nicZPs

Shell plans to move headquarters to the UK

The oil giant will shift its tax residence from the Netherlands to the UK and its boss will relocate. from BBC News - Business https://ift.tt/30nPEmq

China property: New home prices see biggest fall since 2015

China's property sector has been rocked over fears about the future of real estate giant Evergrande. from BBC News - Business https://ift.tt/3or0Abu

Trump Organization selling Washington hotel for $375m, reports say

The historic building will reportedly be renamed the Waldorf Astoria and managed by the Hilton group. from BBC News - Business https://ift.tt/2YKtU3G

Real Living Wage rises to £9.90 an hour

More than 300,000 people at firms accredited with the Living Wage Foundation will get the increase. from BBC News - Business https://ift.tt/3qyXB3n

No turkey shortage, says British Poultry Council

There will be turkeys for Christmas, the industry says, but producers warn there will be less variety. from BBC News - Business https://ift.tt/3FcRPbC

Charities facing a 'perfect storm' as demand rises

Research given to the BBC reveals hundreds of charities face rising demand for services this winter. from BBC News - Business https://ift.tt/3celBQK

Delta boss says climate change means flying will cost more

November 13, 2021

The world's second largest airline says climate change is the biggest challenge facing aviation. from BBC News - Business https://ift.tt/3DinvM4

'I can't get equity release on my eco-friendly home'

November 13, 2021

Andrew Bennett built an energy efficient home, but cannot borrow money against its value. from BBC News - Business https://ift.tt/3ndyZv1

Pandemic-hit airline industry to regroup at Dubai Airshow

November 13, 2021

The aerospace event will be the first of its kind since before Covid-19 hurt international travel. from BBC News - Business https://ift.tt/3c6fUV2

Shein suppliers' workers doing 75-hour week, finds probe

A new report suggests some of the fast fashion brand's suppliers may be violating labour laws in China. from BBC News - Business https://ift.tt/3qxFE4Z

No regrets! Pandemic purchases that made us happy

Not everyone has buyer's remorse over what they bought in lockdown. For some, it changed their lives. from BBC News - Business https://ift.tt/3ncDIgw

Strategies to close the pandemic gender gap at work

Covid has pushed many women out of the workforce what practical ideas will entice them back? from BBC News - Business https://ift.tt/3oj8Rhs

Portugal bans bosses texting staff after-hours

The move is part of sweeping labour laws to regulate the country's expansion of home-working. from BBC News - Business https://ift.tt/30qsrR1

AstraZeneca to take profits from Covid vaccine

The drugs giant signs new deals but poorer countries will continue to get the vaccine at cost. from BBC News - Business https://ift.tt/3wHgx0Y

Women warned home working may harm their careers

Bank of England economist Catherine Mann says mothers could be particularly vulnerable. from BBC News - Business https://ift.tt/3HhORoc

Japanese giant Toshiba announces breakup plan

The conglomerate has come under increasing pressure from activist investors to reform. from BBC News - Business https://ift.tt/3qBjz5T

Singles Day: Alibaba's annual event sees slowest ever sales growth

The world's biggest online shopping event was muted this year amid a crackdown on technology firms. from BBC News - Business https://ift.tt/3n8JbVj

Prison officers 'voting with their feet' amid jobs surge

Driving instructors, prison officers and forklift truck drivers are among the jobs in high demand. from BBC News - Business https://ift.tt/3qvqE7R

Tulip tower: Government rejects plans for London skyscraper

The planning inspectorate turns down an appeal to build the tower in central London. from BBC News - Business https://ift.tt/3n7lRay

Would the world be better if it was run by teenagers?

One energy firm has appointed an advisory board of six young people to help guide the business. from BBC News - Business https://ift.tt/3qstH0I

Johnson Matthey abandons electric car battery plans

Johnson Matthey shares tumble as it says foreign rivals are too far ahead in the technological race. from BBC News - Business https://ift.tt/3ojjbGm

'We lost festive savings in family Whatsapp scam'

Trading standards officers warn that fraudsters are posing as family members to steal money. from BBC News - Business https://ift.tt/3Hdd1jx

Boss of insurer LV= defends sale amid backlash

Chief executive Mark Hartigan says a planned takeover by private equity will help preserve its brand. from BBC News - Business https://ift.tt/3n73dQk

UK economic growth slows in the third quarter

The economy grew by 1.3% compared to the previous three months when many Covid restrictions lifted. from BBC News - Business https://ift.tt/3F59CRV

Elon Musk: Tesla boss sells $1.1bn of shares in carmaker

It comes days after he asked his Twitter followers whether he should sell 10% of his stake. from BBC News - Business https://ift.tt/3kptiYS

Firms step up graduate job pay amid fierce competition

New research suggests that the typical salary for a new graduate was £30,500 in 2021, up by £833. from BBC News - Business https://ift.tt/3wzAtm8

CEO Secrets: 'Wearing caps on video calls keeps us unified'

A CEO reveals a simple trick she used to keep her team feeling unified through Covid. from BBC News - Business https://ift.tt/30c0vjR

Boeing agrees deal with families of Ethiopia crash victims

The planemaker has accepted responsibility, in return families of the victims will not seek punitive damages. from BBC News - Business https://ift.tt/3ojq8Hb

Uber sued by Justice Department for overcharging disabled people

The Justice Department says Uber's 'wait time' fees discriminate against people with disabilities. from BBC News - Business https://ift.tt/3okqfCq

Shares in electric truck maker Rivian leap 37% on opening

Amazon-backed Rivian has become the second-most valuable car company in the US. from BBC News - Business https://ift.tt/3qq58RL

COP 26: Four major carmakers fail to back zero emissions pledge

Four of the world's biggest car manufacturers decline to back COP 26 agreement on cutting emissions. from BBC News - Business https://ift.tt/3C7Sd9o

US prices rising at 6.2%, fastest rate for three decades

Prices rose 6.2% in the year to October, pushed up by higher costs for food and fuel. from BBC News - Business https://ift.tt/3c3sbJG

Supreme Court blocks mass iPhone claim against Google

The claim sought damages for millions of iPhone users who were tracked by Google. from BBC News - Business https://ift.tt/3kmGmhE

Walkers apologises for crisp shortages

The company says it is "doing everything we can" to speed up production and increase stock. from BBC News - Business https://ift.tt/3wvsdUe

Rwanda goes electric with locally made motorbikes

Rwanda's Ampersand wants motorbike taxi drivers to switch from petrol to electric. from BBC News - Business https://ift.tt/3o9zsNY

M&S warns of supply chain costs as profits surge

Shares in the High Street giant soar 20% on a sales rebound as recovery from Covid restrictions continues. from BBC News - Business https://ift.tt/307w7qq

Wetherspoons: Cocktail sales up but ales out, says pub chain

It said that younger customers were driving sales of cocktails, vodka and rum in the last 15 weeks. from BBC News - Business https://ift.tt/3bVwyqv

Peter Jackson sells visual effects firm for $1.6bn to Unity

New Zealand-based Weta Digital created the characters Gollum and Caesar in Planet of the Apes. from BBC News - Business https://ift.tt/3H6LFf0

Harry says he warned Twitter boss ahead of Capitol riot

The Duke of Sussex reveals his coup warning to Jack Dorsey came a day before the 6 January unrest. from BBC News - Business https://ift.tt/3cd4Wxf

Electric truck maker Rivian raised more than $10bn, say reports

Amazon-backed Rivian has sold shares at $78, above its target range according to US media reports. from BBC News - Business https://ift.tt/3H4V3jh

UK property still a sellers' market says Rightmove

Grays in Essex is highlighted by the property portal as the hottest spot for sellers. from BBC News - Business https://ift.tt/3C2759t

Clarks accused of using agency workers to cover strike

Union complains about hiring of agency workers in five-week strike at Somerset warehouse from BBC News - Business https://ift.tt/3khTTqT

Shein: The secretive Chinese brand dressing Gen Z

Shein's popularity has shot up during the pandemic, targeting Gen Z shoppers with low-cost products. from BBC News - Business https://ift.tt/3H3zXSt

Should firms have to put carbon labels on all products?

A growing number of companies are indicating an item's carbon score, but should it become mandatory? from BBC News - Business https://ift.tt/2Yv44k4

Bank of England takes next steps in digital money plan

The Bank and the Treasury to launch consultation on a UK central bank digital currency. from BBC News - Business https://ift.tt/31FVZKB

How much nuclear power does the UK use and is it safe?

Nuclear power is being promoted as a source of 'clean' energy, but is it safe? from BBC News - Business https://ift.tt/3C1iOVJ

Food price rises highest since August 2020, says Kantar

Prices rose at annual rate of 2.1% last month, research suggests, as supply chain disruption continues. from BBC News - Business https://ift.tt/3CZUCV5

Thousands of UK phone boxes to be saved from closure

About 5,000 phone boxes around the UK will be kept open if they fulfil certain criteria, says Ofcom. from BBC News - Business https://ift.tt/3H4Ohdj

Primark pandemic store closures force sales slide

The fashion retailer's annual sales are down 12% on pre-Covid levels, latest results show. from BBC News - Business https://ift.tt/3wqvsMM

Evergrande: Crisis-hit developer raises more cash as new deadline looms

The firm faces another deadline this week to make overdue interest payments of $148m. from BBC News - Business https://ift.tt/3qi9yKD

Matt Moulding: The billionaire THG boss facing a reality check

Matt Moulding floated THG in a blaze of glory, but a year later the shine has dimmed for the entrepreneur. from BBC News - Business https://ift.tt/3kjqMmO

Workers who want flexible work roles missing out

Jobseekers now want flexible working from day one but employers are reluctant to make it an option. from BBC News - Business https://ift.tt/3mVEkXq

Climate change: Seven ways to spot businesses greenwashing

Firms often claim they are eco-friendly but how can you check they are as green as they make out? from BBC News - Business https://ift.tt/3qyZ75F

One smart idea to reduce wood waste in construction

A new system is being launched to allow builders to reuse wooden pallets multiple times. from BBC News - Business https://ift.tt/3bTyNKP

How will the US deal with a shortage of 80,000 truckers?

The chronic lack of lorry drivers in the US is adding to supply chain woes - and could get worse. from BBC News - Business https://ift.tt/3wlZKjK

Rolls-Royce backed to develop nuclear reactors

Private investors and the UK government back Rolls-Royce to develop small nuclear reactors. from BBC News - Business https://ift.tt/3CTCImG

Tesla share price falls after Elon Musk's Twitter poll

The drop comes after Twitter users vote in favour of the carmaker's boss selling 10% of his stake. from BBC News - Business https://ift.tt/3ETK5Lw

Buyers show remorse over pandemic purchases

One in 10 regret spending hundreds of pounds on hot tubs, pizza ovens and other lockdown purchases. from BBC News - Business https://ift.tt/3qib2EO

THG shares climb as founder Matthew Moulding hints at going private

Matthew Moulding says he regrets floating his business in London, saying the process "sucked" from BBC News - Business https://ift.tt/3kfVw8w

JD Sports angry at secret filming of its boss

Peter Cowgill was filmed meeting his counterpart at Footasylum, the target of a blocked takeover bid. from BBC News - Business https://ift.tt/3mVIcrm

Brexit: UK -EU trade deal could collapse over NI row, says Coveney

The UK is laying foundations to suspend parts of the NI Protocol, says the Irish foreign minister. from BBC News - Business https://ift.tt/2ZZPbqY

Sydney Airport agrees to $17.5bn buyout deal

The offer from a group of infrastructure investors is one of Australia's biggest ever takeover bids. from BBC News - Business https://ift.tt/3wqPtTa

Covid-19: US reopens border to UK travellers after almost two years

After nearly two years, the US lifts its travel ban to UK visitors who have had both Covid vaccine doses. from BBC News - Business https://ift.tt/2YuocD6

New York gears up for tourists' return as US lifts ban

As the travel ban is lifted hotels and restaurants face challenges in getting service back to normal. from BBC News - Business https://ift.tt/3ooS6ld

Small scale nuclear to get green light this week

Plans for a generation of new smaller nuclear reactors will become more concrete this week. from BBC News - Business https://ift.tt/3EOiBa2

New ways into the lucrative world of data science

How new software is aiding people from diverse backgrounds forge careers in the data science sector. from BBC News - Business https://ift.tt/3q34M3w

Elon Musk holds Twitter vote over $21bn Tesla share sale

The Tesla boss promises to honour the outcome of the poll, whichever way it goes. from BBC News - Business https://ift.tt/3BTRcSm

Biden: Infrastructure bill is 'monumental step forward'

The long-delayed $1tn (£741bn) spending package is a major domestic win for the US president. from BBC News - Business https://ift.tt/3mSt0vu

US lawmakers approve $1tn in infrastructure spending

The long-delayed bipartisan legislation is a major plank of President Biden's domestic agenda. from BBC News - Business https://ift.tt/31r8lWQ

Chinese man convicted for stealing aviation trade secrets

US authorities say Xu Yanjun sought to steal trade secrets from US aviation companies. from BBC News - Business https://ift.tt/301dbcY

Scottish industrialist Lord Macfarlane dies aged 95

The peer became a leading Scottish industry figure, having started out in office stationery in 1949. from BBC News - Business https://ift.tt/3BSDXRI

COP26: Supermarkets promise to halve environmental impact by 2030

Five food retailers say they will cut carbon emissions, deforestation, food waste and packaging by 2030. from BBC News - Business https://ift.tt/3wiM6hj

Budget: Millions of poor families hit, analysis finds

Budget changes will fail to offset damage from a £20 cut in universal credit, says a think-tank. from BBC News - Business https://ift.tt/3wll6xs

Pensions: Target to clear underpayments described as ambitious

A former minister says it will be a major effort to ensure women who missed out are paid by the end of 2023. from BBC News - Business https://ift.tt/3ENalan

US Virgin Islands probes Barclays Epstein links

The US territory wants Barclays to hand over documents related to sex offender Jeffrey Epstein. from BBC News - Business https://ift.tt/2Yjo9d2

US sees sharp jobs growth as the economy rebounds

Firms took on 531,000 extra workers in October, as the economy picked up pace after a difficult summer. from BBC News - Business https://ift.tt/3056XZD

House prices still rising but demand set to cool

Prices are up again, but looming interest rate rises may cause a slowdown, the Halifax says. from BBC News - Business https://ift.tt/3qbidhQ

'The way my boss monitored me at home was creepy'

The government is urged to update the law to deal with a sharp rise in surveillance of home workers. from BBC News - Business https://ift.tt/2Yilnox

Bank of England 'sorry' for rising cost of living

Governor Andrew Bailey says households are feeling the effects of growing inflation. from BBC News - Business https://ift.tt/3bPdMAJ

Inflation: Global food prices hit fresh 10-year high, UN says

Reduced harvests and supply chain disruptions are helping to push up the cost of food. from BBC News - Business https://ift.tt/3BMM1mY

Kaisa Group: Missed payment triggers fresh China property fears

It comes as embattled property developer Evergrande faces another debt deadline on Saturday. from BBC News - Business https://ift.tt/3nTNfrM

Liberty Steel: MPs call for investigation into 'red flags'

Report says there are lessons to be learned for a strategically vital but crisis-hit industry. from BBC News - Business https://ift.tt/2ZZWDSO

The Bank of England says cutting carbon could push up prices

Why Governor Andrew Bailey is watching carefully the impact of climate change on higher prices from BBC News - Business https://ift.tt/3k3Y7lB

Public safety fears due to taxi driver shortage

A 50% shortfall in drivers needed to meet demand as dark nights draw in. from BBC News - Business https://ift.tt/3k88RPX

M&S: Customers are Christmas shopping early

Consumers are stocking up on Christmas shopping early after last year's lockdown, retailers say. from BBC News - Business https://ift.tt/3q92UX2

How more of us are leaving screens behind to work outdoors

The pandemic has led to more people taking up work outside, such as becoming gardeners. from BBC News - Business https://ift.tt/3BK55T4

New York's next mayor wants to be paid in Bitcoin

Newly elected mayor Eric Adams says he'd like his first three pay checks in the cryptocurrency. from BBC News - Business https://ift.tt/2ZTvrEI

Bank of England holds interest rates at record low

The Bank's policymakers vote 7-2 to keep rates at 0.1% despite rising inflation. from BBC News - Business https://ift.tt/3k647u9

Currys teams up with Uber for 30-minute deliveries

Customers in 12 London boroughs will be able to order items such as laptops and printer cartridges. from BBC News - Business https://ift.tt/2ZTMJS7

Sainsbury's says supply issues won't hit Christmas

The supermarket says its size and relationships with suppliers put it in good stead. from BBC News - Business https://ift.tt/3CMl1Wf

JD Sports told to sell Footasylum by competition watchdog

The UK's competition regulator says the takeover could lead to a "worse deal" for Footasylum's customers. from BBC News - Business https://ift.tt/3EGZNJR

India cuts fuel taxes as prices hit record highs

The move comes even as world leaders have been gathering for the COP26 climate change conference. from BBC News - Business https://ift.tt/3k599XP

COP26: 190 nations and organisations pledge to quit coal

Big coal users like Poland and Canada vow to phase it out, but key players China and India have not. from BBC News - Business https://ift.tt/3mK3Yyc

State pension payments still delayed for thousands

Most delays have been cleared but 4,900 people are yet to have their state pension claims processed. from BBC News - Business https://ift.tt/3bEwiMd

US central bank is reducing its bond-buying programme

The US central bank will reduce the $120bn a month support introduced to help the economy through the crisis. from BBC News - Business https://ift.tt/2ZJ4wvn

Oil giant Shell says it needs oil output to fund green shift

Shell says it needs the cash from fossil fuel production to fund its transition to green energy. from BBC News - Business https://ift.tt/3bEIwVc

Ikea to raise prices as supply chain problems bite

The furniture giant will pass rising costs onto franchisees, which may be passed on to consumers. from BBC News - Business https://ift.tt/3bT3mAt

Diwali: Covid delays and driver shortages hit preparations

A Hindu one-stop shop's owner says a reduction in deliveries has made preparing for the festival hard. from BBC News - Business https://ift.tt/2ZHM2LV

Staff shortages see UK meat carcasses sent to EU for butchering

Beef and pork producers are exporting their meat to Europe and importing them back again once cut. from BBC News - Business https://ift.tt/3EDFT2o

Chip crisis: Christmas shoppers face disappointment, Arm boss warns

The unprecedented chip shortage means many won't get the presents they want for Christmas. from BBC News - Business https://ift.tt/3BEDXVy

Average house price now more than £250,000, says Nationwide

Property prices have risen by 9.9% in the last year, the Nationwide says, but a slowdown is expected. from BBC News - Business https://ift.tt/3bDCq7C

Next forecasts slow down in sales over Christmas

The retailer says issues with supply chains and worker shortages are impacting on its stock. from BBC News - Business https://ift.tt/3GOsBBQ

Toy sellers pin Christmas hopes on grandparents' spending

Family celebrations will return but a cost of living rise is expected to put pressure on parents. from BBC News - Business https://ift.tt/3bE0zuy

Taliban bans foreign currencies in Afghanistan

The country's economy is on the brink of collapse after the exodus of international support. from BBC News - Business https://ift.tt/3k05MBD

Australia 'backpacker tax': British woman wins discrimination case

Catherine Addy argued she had paid too much tax, in a ruling that may affect other travellers. from BBC News - Business https://ift.tt/2ZLQABm

What an interest rate rise would mean for your finances

Few people face an immediate impact on their finances, but a rising Bank rate would still be significant. from BBC News - Business https://ift.tt/3whH04P

Australia jobs: 'The staffing issue is impossible'

Can free flights and rent lure the foreign workers back to Australia who quit when Covid arrived? from BBC News - Business https://ift.tt/3q9weMO

Border closures threaten Hong Kong's financial hub status

As countries in the region reopen, the city is now one of the most closed places in the world. from BBC News - Business https://ift.tt/3EGPkxU

Why Africa urgently needs its own genetic library

Genetically profiling three million Africans could be key for better healthcare, argue scientists. from BBC News - Business https://ift.tt/3w6m0Oh

COP26: UK firms forced to plan for low-carbon future

Companies will outline how they aim to meet the UK's 2050 net-zero target, under government rules. from BBC News - Business https://ift.tt/3CFywHb

Facebook to end use of facial recognition software

Facebook will now delete the "facial recognition templates" of more than one billion people. from BBC News - Business https://ift.tt/3nUVjsa

House of Lords votes for changes to pension triple lock freeze

The Lords votes to continue raising pensions with earnings, setting up a Commons vote on the issue. from BBC News - Business https://ift.tt/2ZOgqnB

Shipping boss: "Christmas will be safe" from shortages

The boss of shipping giant Maersk said "Christmas will be safe" from supply chain problems. from BBC News - Business https://ift.tt/3ByfXTS

Netflix launches first games on smartphones

The streaming giant is launching five Android games for subscribers in its first foray into gaming. from BBC News - Business https://ift.tt/3w71Wvg

Four more UK energy suppliers go bust

Four small energy firms are the latest to cease trading amid the soaring cost of global gas prices. from BBC News - Business https://ift.tt/3bxih35

COP26: Bezos pledges $2bn for restoring nature

Amazon founder Jeff Bezos tells the COP26 climate meeting he was inspired by his recent space trip. from BBC News - Business https://ift.tt/3nWtlwu

Yahoo pulls out of China over 'challenging' business conditions

The US giant follows other Western tech firms out of a country that is tightening its regulations. from BBC News - Business https://ift.tt/3nP9miX

Morrisons sorry for 'non-EU salt and pepper' label

The supermarket says it was an "error" to put the description on one of its chickens. from BBC News - Business https://ift.tt/3BDVKw2

BP profits rise amid soaring energy prices

The oil giant says it expects natural gas prices to remain high during peak winter demand. from BBC News - Business https://ift.tt/3BxQaLr

Elon Musk says Tesla has not signed deal with Hertz

The rental firm's order for 100,000 electric vehicles pushed Tesla's market value past $1 trillion. from BBC News - Business https://ift.tt/3q6ZNP4

Fishing row: France delays sanctions as talks over access continue

Paris has stepped back from a threat to block British fishing boats from its ports from midnight. from BBC News - Business https://ift.tt/3ECdKIZ

Squid Game crypto token collapses in apparent scam

Inspired by the hugely popular Netflix series Squid Game, the tokens had rocketed in value. from BBC News - Business https://ift.tt/3EFg41J

Why UK interest rates could rise this week

Borrowing money in the UK has been cheap for years. But that is unlikely to last for much longer. from BBC News - Business https://ift.tt/3BzedcT

Can we stomach the latest emerging food innovations?

Our growing appetite for novel food tech - from lab grown meat to nano-packaging. from BBC News - Business https://ift.tt/3w25ejq

Who is the outgoing Barclays boss Jes Staley?

Jes Staley resigns as Barclays chief executive after six years in charge of the British bank. from BBC News - Business https://ift.tt/3pTkle0

Bluegreen the latest energy company to go under

The firm, which has 5,900 customers, says it is in an "unsustainable situation". from BBC News - Business https://ift.tt/3GQDtiW

Walkers crisp supply disruption to last for weeks

The Leicester-based crisp giant says it is prioritising production of its most popular flavours. from BBC News - Business https://ift.tt/2Y5gnU9

Households to stay worse off than pre-Covid until 2023, says watchdog

The UK's independent forecaster warns household finances will not return to 2019 levels for two more years. from BBC News - Business https://ift.tt/3pY8486

Ryanair recovery continues despite more losses

Boss Michael O'Leary expects heavy ticket discounting this winter to fill the airline's aircraft. from BBC News - Business https://ift.tt/3EzHpCM

Barclays boss Jes Staley steps down over Epstein inquiry