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Showing posts from 2022

New Year's Eve parties hit by rail strikes and cost of living

New year bookings at bars and restaurants are down due to rail strikes and price rises, industry experts say. from BBC News - Business https://ift.tt/e40AYXy
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Trump's tax returns released after years-long effort

The former president had long sought to keep his records from being seen by the public. from BBC News - Business https://ift.tt/sFafU3u
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York records strongest house price rises in 2022

Prices in the historic North Yorkshire city surged by 23.1%, or £69,648, the Halifax bank finds. from BBC News - Business https://ift.tt/mgHnNhd
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Hershey sued in US over metal in dark chocolate claim

The lawsuit alleges that three Hershey products contain harmful levels of lead and cadmium. from BBC News - Business https://ift.tt/A9muPeH
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Buses: More cuts to services to come, operators warn

Campaigners say a temporary £2 maximum fare will not stem a fall in passengers, amid service cuts. from BBC News - Business https://ift.tt/ovfg3Qb
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The high street shops thriving after a tough year

It has been a tough year with more challenges to come, but some retailers are proving the fittest can survive. from BBC News - Business https://ift.tt/TuvFCN9
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December and January strikes: Who is striking and what are their pay claims?

Hundreds of thousands of workers have walked out, or threatened to, causing widespread disruption. from BBC News - Business https://ift.tt/LgJiePw
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Strikes may continue into 2023, warns TUC union

The TUC says industrial action could spread into next year unless the government enters negotiations. from BBC News - Business https://ift.tt/CqsgIVk
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Energy bills: Changes on 1 January may cause confusion

Slight changes to gas and electricity rates are likely to add only pennies, not pounds, to your bill. from BBC News - Business https://ift.tt/94GwoBR
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Energy giant ExxonMobil sues EU to block energy windfall tax

The US company says the levy on its profits will discourage future investment in Europe. from BBC News - Business https://ift.tt/EYyRruN
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Airport strikes could go on for months, says PCS union boss

The boss of the PCS union says Border Force staff walkouts on Friday could be the first of many. from BBC News - Business https://ift.tt/8uRaNT4
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Energy giant ExxonMobil sues EU to block energy windfall tax

The US company says the levy on its profits will discourage future investment in Europe. from BBC News - Business https://ift.tt/EYyRruN
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Covid in China: People rush to book travel as borders finally reopen

But Chinese tourists will not have unfettered access to all countries - as some impose restrictions. from BBC News - Business https://ift.tt/Gl7S4RP
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Strikes: Border Force, rail and driving test staff walk out

About 1,000 workers at six UK airports will resume their walkout over pay and conditions. from BBC News - Business https://ift.tt/9brjo3n
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Spain announces €10bn help to fight rising prices

PM Pedro Sánchez backs aid for households amid an energy crisis prompted by Russia's war in Ukraine. from BBC News - Business https://ift.tt/iR6V2Yy
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Russia bans oil sales to countries using price cap

The oil price cap, agreed by Western countries, aims to reduce Russian revenue for its war in Ukraine. from BBC News - Business https://ift.tt/CXlznBO
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Shaws the Drapers enters liquidation after 106 years

About 150 staff are believed to be affected after they were told by email the company will close. from BBC News - Business https://ift.tt/Ondgh3Z
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Train strikes: Disruption to continue into the New Year

Strikes this week include staff from customer service, safety and timetabling at three companies. from BBC News - Business https://ift.tt/CFXhWZU
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Train strikes: Services expected to start later as latest walkout ends

Passengers are being urged to check travel times as rail workers finish their latest walkout. from BBC News - Business https://ift.tt/Xi0kIyz
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Shoppers set to cut spending at Boxing Day sales

The rising cost of living is expected to curb the appetite for post-Christmas bargain-hunting. from BBC News - Business https://ift.tt/gctv9JO
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UK weather: Ice warnings and rail strikes set for Boxing Day

Warnings for ice and snow are in place in parts of the UK as rail strikes continue on Boxing Day. from BBC News - Business https://ift.tt/VbvtFrq
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Workers over 50 encouraged to end early retirement

It follows a recent report which highlighted early retirement as an issue around a UK labour shortage. from BBC News - Business https://ift.tt/XhGHkxJ
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Train strikes: Passengers brace for Christmas Eve disruption

Trains will stop running at around 15:00 on Saturday, as walkouts on the railways and other industries continue. from BBC News - Business https://ift.tt/pbyqgtF
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What are my rights if my flight is cancelled?

Strikes and poor weather may cause disruption at airports, but passengers do have rights. from BBC News - Business https://ift.tt/1JMiHGF
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Meta settles Cambridge Analytica scandal case for $725m

The proposed deal by Facebook's owner is the largest in a US data privacy class action, say lawyers. from BBC News - Business https://ift.tt/IC8BTY4
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Royal Mail: When are the postal strikes and what were the Christmas post dates?

About 115,000 postal workers are taking part in the dispute with Royal Mail. from BBC News - Business https://ift.tt/MEy4NqY
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Airport strikes: Border Force staff begin Christmas walkout

Travellers arriving in the UK are warned to expect disruption and delays as staff who check passports go on strike. from BBC News - Business https://ift.tt/lfs3iFh
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Online whisky auction house's sales hit £50m

Perth-based Whisky Auctioneer says 2022 has been a record year for some distilleries. from BBC News - Business https://ift.tt/rlpKQac
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Amazon could be blamed for fake Louboutin shoe ads - EU

Top EU court says Amazon could be held responsible for third-party sales of fake Louboutin shoes. from BBC News - Business https://ift.tt/UwoP0ZR
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Rail fares in England to rise by up to 5.9% from March

The below-inflation increase in regulated fares will take place in March, the government says from BBC News - Business https://ift.tt/z1Ct0iL
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TransPennine Express cancels more rail services over IT issue

TransPennine Express cancels services for a second day running, due to an ongoing "software issue". from BBC News - Business https://ift.tt/ftS2C6O
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Trump business losses sharply reduced his tax bill

In 2020, Mr Trump reported negative income and paid no income tax. from BBC News - Business https://ift.tt/7WjvaIS
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Who is striking? How Thursday 22 December’s walkouts will affect you

What you need to know about Thursday's walkout by highway workers, by the BBC's Zoe Conway. from BBC News - Business https://ift.tt/AGdHFUa
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Fresh warning of disruption on airport strike days

A senior Border Force official has said he hopes to keep all airports open as staff strike. from BBC News - Business https://ift.tt/ZQktqYi
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Netflix password sharing may be illegal, says UK government

The Intellectual Property Office said the practice might break criminal and civil law. from BBC News - Business https://ift.tt/n4LCOa1
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The cargo hauling aircraft with no pilots on board

Rejecting deliveries to the doorstep, some drone makers are betting on bigger pilot-free aircraft. from BBC News - Business https://ift.tt/xhQl0a3
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H&M: Justin Bieber collection axed after singer's 'trash' criticism

The retailer removed its collection after the star says he didn't approve it or give permission. from BBC News - Business https://ift.tt/BKwDIi5
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Cost of living: If no one comes, we close early, says pub

Almost 90% of pubs are considering shorter opening hours over winter as bills rise, according to a new survey. from BBC News - Business https://ift.tt/gEGwSVk
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Who is striking? How Wednesday 21 December's walkouts will affect you

What you need to know about Wednesday's ambulance workers strike - by the BBC’s Zoe Conway. from BBC News - Business https://ift.tt/Yhx7ADk
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3M manufacturing giant to stop making 'forever chemicals'

The firm will stop making the materials that have been linked to a range of health problems. from BBC News - Business https://ift.tt/3JksVni
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Elon Musk: Only blue tick users to vote in Twitter polls on policy

The billionaire says he will change the policy on Twitter votes after users say he should step down. from BBC News - Business https://ift.tt/GIqRfo9
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Train drivers announce new January strike date

The first week of the new year will be marked by rail strikes as drivers take action over pay. from BBC News - Business https://ift.tt/QzFCwdA
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FTX boss Sam Bankman-Fried agrees to be extradited

The cryptocurrency exchange boss is expected to travel to the US to face fraud charges, the BBC understands. from BBC News - Business https://ift.tt/a6wAx1H
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Low-deposit mortgage scheme extended for a year

The scheme offers government backing to encourage lenders to offer low-deposit mortgages to buyers. from BBC News - Business https://ift.tt/fnV7zN3
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Decision on energy bill support for businesses postponed

Business groups angry after a decision on extending energy support is put off until the new year. from BBC News - Business https://ift.tt/ng3ERJz
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Fortnite firm penalised for claims it broke child privacy law

Epic Games will pay $520m to settle claims it violated laws and also tricked users into making purchases. from BBC News - Business https://ift.tt/lJVZsxh
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Treasury announces date of next Budget

Chancellor Jeremy Hunt will set out the government's tax and spending plans next spring. from BBC News - Business https://ift.tt/cCP4TaH
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NI households to receive energy payment from January

The £600 is being delivered by the UK government in the absence of ministers at Stormont. from BBC News - Business https://ift.tt/MW7DFyS
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Battery lights vs mains LED bulbs: What's cheaper?

As some shoppers swap mains bulbs for battery lights, we investigate if money is really being saved. from BBC News - Business https://ift.tt/pG8VMEO
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More than 130 bus operators to offer £2 tickets

The government-funded scheme will cap fares in England outside London from 1 January to 31 March. from BBC News - Business https://ift.tt/YN7gUvj
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Twitter to stop users linking to big social media platforms

The move affects content from Facebook, Instagram and Mastodon among other social media sites. from BBC News - Business https://ift.tt/nLPA9rd
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Who is striking? How this coming week’s walkouts will affect you

Useful information on strikes during the week up to Christmas, by the BBC’s Zoe Conway. from BBC News - Business https://ift.tt/9Fr7jEz
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Singapore's crypto ambitions shaken by FTX collapse

Users call for more regulation after state fund writes off investment in fallen cryptocurrency exchange. from BBC News - Business https://ift.tt/lfBKmsL
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Train strikes to disrupt weekend before Christmas

People are being advised not to travel on the railways as workers continue strikes on Saturday. from BBC News - Business https://ift.tt/qBl0Q2r
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Wolford owner Lanvin says luxury is never out of style

Lanvin Group hopes to be the first luxury giant to rise out of Asia. from BBC News - Business https://ift.tt/Ctxk2nA
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US-China chip war: How the technology dispute is playing out

Washington announced some of the broadest export controls on chipmakers in October. from BBC News - Business https://ift.tt/QlnwBK6
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Royal Mail: Views from both sides of the picket line

The BBC spoke to a striking worker on the picket line and someone who chose to work on Friday. from BBC News - Business https://ift.tt/jyJ1q9t
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Former US President Donald Trump launches $99 NFT collection

They depict the former US president in various guises including a superhero, astronaut and Nascar driver. from BBC News - Business https://ift.tt/yg7Zj2Q
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Twitter bans some journalists who cover Elon Musk

Some reporters for the New York Times, CNN and Washington Post have had their accounts suspended. from BBC News - Business https://ift.tt/RQoHd0x
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Climate boss Carney's firm linked with deforestation

Brookfield sold Brazil farms despite boss's call not to "walk away" from carbon-intensive assets from BBC News - Business https://ift.tt/10qCKBV
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Heathrow ground handling staff call off strike

Members of Unite had been due to walk out on Friday morning in a dispute over pay. from BBC News - Business https://ift.tt/yiVlWYo
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TikTok tests landscape videos in major shake-up

The world's fastest-growing social media platform has become known globally for its vertical format. from BBC News - Business https://ift.tt/QYP4Da6
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Smart motorways: Warning safety tech must improve 'urgently'

Safety measures on all-lane running smart motorways are not working well enough, the transport watchdog says from BBC News - Business https://ift.tt/uDzCXai
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County Durham Evri staff say parcels will not arrive by Christmas

Families will be "disappointed" this Christmas as Evri tries to deal with backlogs, workers claim. from BBC News - Business https://ift.tt/1UinXzA
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Social media influencers charged with $100m stock scheme

The defendants allegedly used their platforms to hype stocks before selling them off once the prices rose. from BBC News - Business https://ift.tt/76APko9
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Elon Musk sells $3.6bn of shares in electric car maker Tesla

The sale brings the total of Tesla stocks sold by Mr Musk over the past year to almost $40bn. from BBC News - Business https://ift.tt/KDuXZgf
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Buy festive shopping in store, small retailers say

The warning comes as Royal Mail staff walk out in a fight over pay and conditions. from BBC News - Business https://ift.tt/HpDlrzm
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Twitter suspends @ElonJet account that tracked owner Elon Musk's private plane

The account that tweeted about Elon Musk's private jet is suspended for violating Twitter rules. from BBC News - Business https://ift.tt/rRime9C
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Poor rail services caused by toxic mix, MPs told

There is a "total let-down" for rail passengers in the north of England, a transport committee hears. from BBC News - Business https://ift.tt/1v6BRzc
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UK inflation drops but cost of living remains high

The inflation rate is 10.7% down from 11.1% in the previous month, official figures show. from BBC News - Business https://ift.tt/PYViNRZ
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FTX crypto boss Sam Bankman-Fried denied bail in Bahamas

Sam Bankman-Fried is accused of a huge scheme to defraud investors in failed crypto exchange FTX. from BBC News - Business https://ift.tt/oPwL05N
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Hong Kong markets watchdog warns of cryptocurrency platform risks

It comes after the founder of the failed crypto exchange FTX was arrested and charged with fraud. from BBC News - Business https://ift.tt/qdZyah7
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From Bitcoin to blockchain: Key cryptocurrency terms and what they mean

As cryptocurrency makes headlines once again, here's a look at the main concepts and what they mean. from BBC News - Business https://ift.tt/wDT7s0B
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US inflation rate slows as fuel costs fall

US inflation rose 7.1% over the 12 months to the end of November, dropping from 7.7% in October. from BBC News - Business https://ift.tt/0geVSsZ
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Dangerous Christmas lights listed for sale on Amazon and eBay, Which? finds

Testing by consumer group Which? finds some cheap lights fail to meet UK electrical safety regulations. from BBC News - Business https://ift.tt/qrQzhv4
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Train strikes: Support for walkouts not falling, insists RMT union boss

A series of strikes kicked off on Tuesday, bringing major disruption to the UK's rail network. from BBC News - Business https://ift.tt/Qj8H7lh
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Days lost to strikes hit highest in over a decade

The Office for National Statistics says 417,000 working days were lost to industrial action in October. from BBC News - Business https://ift.tt/rSNGY9p
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Buy now, pay later: Things you need to know about the loan schemes

With Christmas fast approaching here's what you need to know before borrowing money. from BBC News - Business https://ift.tt/LNKvMC3
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Train strikes: Widespread delays expected as latest walkouts loom

About 40,000 rail workers will start walking out on Tuesday in a row about jobs and pay. from BBC News - Business https://ift.tt/QaHWT4c
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UK economy shrinks between August and October

The economy contracted by 0.3% over the three month period despite a rebound in October. from BBC News - Business https://ift.tt/8iV6I2P
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Coal plants put on standby to supply electricity

National Grid orders coal-fire units to begin warming up as cold weather sweeps the UK and Europe. from BBC News - Business https://ift.tt/jQ3ZRyx
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Twitter's paid blue tick re-launches after pause

Twitter will once again offer a blue tick badge and additional features for a monthly fee. from BBC News - Business https://ift.tt/gUb81aY
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Second-hand tech booms as shoppers look for bargains

From phones to exercise bikes, the market for second-hand kit is booming as shoppers search for bargains. from BBC News - Business https://ift.tt/iTve6WI
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Royal Mail: When are the postal strikes and Christmas post dates?

About 115,000 postal workers are taking part in the dispute with Royal Mail. from BBC News - Business https://ift.tt/gRNVSCm
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UK weather: All flights suspended at Stansted Airport

Heathrow and Gatwick also cancel flights after fog and snow sweeps the country. from BBC News - Business https://ift.tt/Acr4w53
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Rail strikes: RMT boss calls for meeting with Sunak

The RMT's general secretary says a meeting between the two was the best hope of making progress. from BBC News - Business https://ift.tt/JUarQEe
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Inside Royal Mail's biggest sorting office on strike day

The BBC speaks to a striking worker on the picket line and someone choosing to work on strike day. from BBC News - Business https://ift.tt/AL5NjOp
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Cost of Living: How to talk to children about a budget Christmas

Some hints and tips to help you manage your children's Christmas expectations. from BBC News - Business https://ift.tt/HBO4dx9
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Santander UK fined £108m over money laundering failings

The bank had "serious and persistent gaps" in anti-money laundering controls, the watchdog finds. from BBC News - Business https://ift.tt/GKI7f59
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Fired Twitter cleaning staff 'treated like garbage'

One of them told the BBC a member of Elon Musk's team said their jobs would be replaced by robots. from BBC News - Business https://ift.tt/A5UCxSn
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Royal Mail workers begin wave of festive strikes

Millions of pieces of mail have been piling up ahead of the action, the CWU union says. from BBC News - Business https://ift.tt/mZ4j1hX
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Airlines plan to operate all flights despite strikes

Around 1,000 UK airport border staff will strike over the Christmas period. from BBC News - Business https://ift.tt/vz7K9oA
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Ministers consider tougher curbs on strike action

The government is exploring the idea of stopping some emergency service workers from walking out. from BBC News - Business https://ift.tt/XSUqCZf
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UK weather: Freezing conditions trigger cold weather payments

Temperatures across the UK plummet overnight, dipping as low as -9.1C in the Scottish Highlands. from BBC News - Business https://ift.tt/p7cYUtC
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New York Times faces first major walkout since 1970s

More than 1,100 union members are planning to participate in the 8 December stoppage. from BBC News - Business https://ift.tt/R6amwc3
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Elon Musk turns Twitter into 'hotel' for staff

One photo shows a double room with wardrobe and slippers, as Elon Musk seeks to instil a "hardcore" work culture. from BBC News - Business https://ift.tt/2ZxFcn8
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'We haven't had a single penny from the Post Office'

Three years after winning in the High Court, hundreds of sub-postmasters are still waiting for compensation. from BBC News - Business https://ift.tt/ZVBxMWs
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BrewDog fruity beer ad banned over five-a-day claim

The controversial brewer is told an advert for its fruit beers could mislead consumers. from BBC News - Business https://ift.tt/eYwUPdR
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The airline policy that cost pregnant flight crew their jobs

Singapore Airlines recently dropped its five-decade-old policy, after demands from human rights groups. from BBC News - Business https://ift.tt/eR4NJFp
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Trump Organization found guilty of tax crimes after New York trial

The business is synonymous with the former president, but neither he or his family were on trial. from BBC News - Business https://ift.tt/PwHkLAN
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Bank Morgan Stanley to cut 1,600 jobs

The investment bank is axing about 2% of its global workforce, affecting around 1,600 roles. from BBC News - Business https://ift.tt/aGtgmKw
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Fenwick to shut 130-year-old New Bond Street department store

Chairman Simon Claver says the sale has "been a difficult decision for the Fenwick family". from BBC News - Business https://ift.tt/6oYSD0n
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Rural fuel more expensive, says watchdog

Differences in price between urban and rural areas need further investigation, says CMA. from BBC News - Business https://ift.tt/mlrYQdN
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Cost of living: 'I couldn't tell the real bills from scams'

People falling behind on bills are being bombarded with letters, calls and texts, a charity says. from BBC News - Business https://ift.tt/ybqLdv8
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Apple self-repair service comes to UK

The tech giant warned that if a repair goes wrong, the device's warranty will no longer be valid. from BBC News - Business https://ift.tt/4iEjnbA
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Meta threatens to remove US news content if new law passes

Facebook's parent company says it will pull news from the platform in the US if a new media law passes. from BBC News - Business https://ift.tt/wlbVrZT
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How our High Streets changed over the Covid lockdowns

Fewer banks and shops, but beauty parlours prosper - BBC analysis of Ordnance Survey data has found. from BBC News - Business https://ift.tt/jcUFsRp
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Extra train strikes planned over Christmas

Strike action is set to begin next week, while dates in December and January will go ahead as planned. from BBC News - Business https://ift.tt/abuKgfl
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Employees can ask for flexible working from day one

New laws proposed by the government mean workers will no longer have to wait for 26 weeks. from BBC News - Business https://ift.tt/aKUhYdr
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Ukraine war: Oil prices rise as cap on Russian crude looms

The G7 and its allies have agreed to limit the price of Russian oil to $60 a barrel. from BBC News - Business https://ift.tt/qEIknPA
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Taiwan's front-line battle against mobile phone fraud

How Taiwanese phone fraud fighters are able to warn the world about the latest scams. from BBC News - Business https://ift.tt/HCG7mev
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India seizes opportunities in African healthcare

The rapid expansion of Indian healthcare firms in Africa has not been without problems. from BBC News - Business https://ift.tt/PZvUMnb
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EU must act over distortions from US climate plan - von der Leyen

Ursula von der Leyen says the EU must act amid concerns within the bloc over US climate legislation. from BBC News - Business https://ift.tt/bhvraW9
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Train strikes: Firms make first offer in bid to stop Christmas strikes

The Rail Delivery Group makes an offer to the RMT union in the ongoing dispute over pay and conditions. from BBC News - Business https://ift.tt/K2A3Mbt
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Strikes unfair at Christmas, Tory chairman Nadhim Zahawi says

Nadhim Zahawi says President Putin "wants to see" strikes, as he outlines plans to avoid disruption. from BBC News - Business https://ift.tt/Qv97oiP
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Google opens its first UK centre making tech for disabled people

The research and development centre in London is the company's first of its kind outside the US. from BBC News - Business https://ift.tt/F31uBZX
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Rail strike is cancelled - at the cost of paid sick leave

The pandemic and a vicious flu season has re-energised the fight for paid sick leave. from BBC News - Business https://ift.tt/RnFp0Td
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Big Zuu: Cooking on a budget secrets

The TV chef and rapper shares his big three tips for making the most of your weekly food shop. from BBC News - Business https://ift.tt/nGO3osD
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'5G makes my phone pretty worthless'

Some users are finding the next generation of mobile internet slow and patchy, three years after it launched. from BBC News - Business https://ift.tt/dbMYSor
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North Korea hit with sanctions after ballistic missile tests

The US Treasury freezes the assets of three North Korean officials following last month's missile tests. from BBC News - Business https://ift.tt/cfGV0Ns
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Kanye West no longer to buy Parler social media platform

The rapper has repeatedly made anti-Semitic remarks, alienating business partners and fans. from BBC News - Business https://ift.tt/ERTfdeF
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India remittances set to hit record $100 billion in 2022

Remittances sent to low and middle-income countries have grown by 5% this year, says the World Bank. from BBC News - Business https://ift.tt/X5uIatM
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Brexit: Progress on trade deals slower than promised

The UK government is on course to miss its target for signing deals, as exporter numbers fall. from BBC News - Business https://ift.tt/PUeXrGu
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House prices see biggest fall for two years

Prices fell 1.4% in November as higher interest rates put potential buyers off, says Nationwide. from BBC News - Business https://ift.tt/6Yb5fkK
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Foxconn: iPhone maker offers payments for finding new workers

Apple has warned shipments of the iPhone 14 would be delayed due to Covid-19 restrictions. from BBC News - Business https://ift.tt/MbB49SO
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Ex-FTX boss Bankman-Fried: 'I didn't try to commit fraud'

In a wide-ranging interview with The New York Times, the former FTX chief says he has almost no money left. from BBC News - Business https://ift.tt/igrYHUA
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Paying for the basics is pushing people into debt, charity says

Citizens Advice says homeowners and pensioners are among those increasingly seeking debt advice. from BBC News - Business https://ift.tt/NsVO8Gx
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US signals shift to slower interest rate increases

Markets soared after the Federal Reserve signalled a shift in its inflation fight. from BBC News - Business https://ift.tt/PdlSOmx
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UK strikes digital trade deal with Ukraine

The agreement is expected to improve cooperation on cyber security, AI and new technologies. from BBC News - Business https://ift.tt/leBLOQf
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Meat and dairy prices push food inflation to new high

The British Retail Consortium forecasts a "bleak" winter" as food prices continue to soar. from BBC News - Business https://ift.tt/gX9nfmY
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China Covid: Factory activity shrinks more than expected

Zero-Covid policy and slowing global demand are putting the country's economy under pressure. from BBC News - Business https://ift.tt/WymhNjS
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Twitter ends Covid misinformation policy under Musk

The Twitter website says it stopped enforcing its misleading information policy on 23 November. from BBC News - Business https://ift.tt/9aBbLwM
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Royal Mail postal workers begin fresh two-day strike

The action is the latest in a series of walkouts and will affect deliveries of letters and parcels. from BBC News - Business https://ift.tt/7bec1WN
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Octopus takeover of Bulb challenged by rival firms

Octopus Energy's acquisition of collapsed energy firm Bulb could be delayed by a legal fight. from BBC News - Business https://ift.tt/yG4Teh0
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Onshore wind: Grant Shapps criticised for 'nonsense' claims

The business secretary says wind turbines are now "so big" they cannot be built on land. from BBC News - Business https://ift.tt/OKcdT83
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Plan to make big tech remove harmful content axed

Minister denies weakening the Online Safety Bill after dropping the "legal but harmful" material measures. from BBC News - Business https://ift.tt/pPjNrMi
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Christmas savings clubs help spread the festive costs

How small businesses are using savings clubs to help customers spread the cost of Christmas from BBC News - Business https://ift.tt/Z5y3Dgf
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Musk feuds with Apple over Twitter advertising

Elon Musk has tweeted that Apple has largely stopped advertising on his platform. from BBC News - Business https://ift.tt/TeL2n9W
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Crypto firm BlockFi files for bankruptcy after FTX collapse

The collapse of FTX had already forced BlockFi to suspend most activity on its platform. from BBC News - Business https://ift.tt/azLuR7T
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Emergency energy plan for Tuesday postponed

National Grid decides not to activate a scheme to help avoid power cuts after being poised to do so. from BBC News - Business https://ift.tt/yWPc8A3
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BT and unions agree pay rise to stop more strikes

Most workers will get a wage rise of £1,500 in deal which is set to halt walkouts at the telecoms giant. from BBC News - Business https://ift.tt/TG8CWYN
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Balenciaga campaign: What did the fashion house do?

Kim Kardashian is pulled into a row over the fashion house's latest campaign after heavy backlash. from BBC News - Business https://ift.tt/ZIXTlFx
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US bans sale of Huawei, ZTE tech amid security fears

The restrictions on five Chinese companies are the first to be put in place on security grounds. from BBC News - Business https://ift.tt/icnq2E3
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Thousands of apprentices quit over quality of schemes

Around 100,000 people are dropping out of schemes after firms fail to provide basic training, says a report. from BBC News - Business https://ift.tt/ewZFgAr
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Energy firms warned over hiking direct debits

The government says companies must match bills with customers who are cutting energy use. from BBC News - Business https://ift.tt/ROwzJGS
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Energy sector reforms criticised by British Gas owner

Regulator Ofgem announces plans to strengthen the sector but is criticised by the UK's biggest supplier. from BBC News - Business https://ift.tt/Yb3ID0Z
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Jaguar Land Rover cuts output at UK factories due to chip shortage

The carmaker is reducing production at its factories in Solihull and Halewood until the spring. from BBC News - Business https://ift.tt/sFjNkMx
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When are the train strikes and what routes are affected?

More national rail strikes have been announced by the RMT union. from BBC News - Business https://ift.tt/FziRBcq
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Elon Musk says Twitter will offer 'amnesty' to suspended accounts

Several accounts - including Donald Trump's - have already been reinstated by the multi-billionaire. from BBC News - Business https://ift.tt/3CMdfnx
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Why Donald Trump isn't returning to Twitter (for now)

How the former US president might lose money if he starts tweeting. from BBC News - Business https://ift.tt/284HDvQ
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The little-known nut that may save at-risk rainforests

Growing sales of an Indonesian nut called kenari is helping to reduce deforestation. from BBC News - Business https://ift.tt/2WR0yaY
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Police to text 70,000 victims in UK's biggest anti-fraud operation

The website iSpoof, used by criminals to make fake calls, has been taken down. from BBC News - Business https://ift.tt/1gUxyXP
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Foxconn: iPhone maker apologises after huge protests at China plant

It comes after protests broke out at the world's largest iPhone factory over pay and work conditions. from BBC News - Business https://ift.tt/iCNQHVY
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Holiday swindlers: The rise of digital travel scams

Social media is helping travel agents to impress clients, and sometimes to scam them. from BBC News - Business https://ift.tt/n5M7QWA
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UK airports could ditch luggage liquid rules by 2024

The 100ml bottle restriction could be axed thanks to 3D scanners, which are being trialled in airports. from BBC News - Business https://ift.tt/JDBzrec
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Jeremy Hunt: Cut energy use to stop Putin 'blackmail'

People need to cut consumption to reduce the UK's reliance on Russia, the chancellor says. from BBC News - Business https://ift.tt/vgb0K41
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Pound hits post-Truss high as dollar weakens

Sterling has reached its highest level against the US dollar since mid-August. from BBC News - Business https://ift.tt/lys1xk8
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Cost of living: New Zealand steps up fight against soaring prices

The country's central bank has raised its key interest rate to the highest level since 2009. from BBC News - Business https://ift.tt/lTdHXk9
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CEO Secrets: Seatfrog founders share their business advice

The founders of Seatfrog share their business advice for the CEO Secrets series. from BBC News - Business https://ift.tt/ARqZwcj
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'I wouldn't leave South Africa, I have a kid here'

South African software developers discuss what it means to them to do business in the country. from BBC News - Business https://ift.tt/h9xHupR
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Manchester United: Glazer family owners consider selling Premier League club

Manchester United's American owners the Glazer family say they are considering selling the club as they "explore strategic alternatives". from BBC News - Business https://ift.tt/szej0ZY
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FTX: Court says Sam Bankman-Fried ran FTX as a 'personal fiefdom'

FTX's collapse was described in court as "one of most abrupt and difficult" in corporate America. from BBC News - Business https://ift.tt/q49s30r
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More train strikes announced by rail union

The RMT says further strike action will take place across four 48-hour periods in December and January. from BBC News - Business https://ift.tt/Lo4sb82
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US tech layoffs: India workers face painful exit from the US

Indians are among thousands of educated and skilled immigrant workers laid off by US tech giants. from BBC News - Business https://ift.tt/db6eOQS
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We must wean economy off immigration, Labour leader to warn businesses

Sir Keir Starmer will promise a "pragmatic" immigration policy in a speech to business leaders. from BBC News - Business https://ift.tt/CITKL4O
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Are flying taxis getting closer to lift-off?

US air regulators said they would add flying cars to the list of regulated aircraft. from BBC News - Business https://ift.tt/2FDeOMT
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Brexit: Rishi Sunak rules out deal that relies on EU law alignment

"I believe in Brexit," says Rishi Sunak, after suggestions UK could pursue a Swiss-style deal with the EU. from BBC News - Business https://ift.tt/0Vq26pQ
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Crypto rules needed after FTX collapse, says Bank of England

The UK could face a "crypto shock" without better regulations, says a senior official at the Bank. from BBC News - Business https://ift.tt/abQ0rvL
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WhatsApp groups help get food to those who need it

Messaging apps have become a popular way to reach people who are struggling with the cost of food. from BBC News - Business https://ift.tt/I5XjZyr
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Libraries at risk of cuts despite 'unprecedented' rise in users

Local libraries are seeing more people come through their doors, but fear services will be cut. from BBC News - Business https://ift.tt/JfrbHUT
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FTX crypto exchange owes biggest creditors $3.1bn

FTX owes about $1.45bn to its top 10 creditors, according to its US bankruptcy court filings. from BBC News - Business https://ift.tt/qrKNZJd
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Musk lifts Donald Trump's Twitter ban

The former US president's account is reinstated - but he says he sees no reason to return. from BBC News - Business https://ift.tt/PxrDhq9
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Jeremy Hunt has no plan for growth, says CBI boss

Tony Danker tells the BBC the Autumn Statement will tackle inflation but won't revive growth. from BBC News - Business https://ift.tt/8YtIVvs
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Theranos scandal: Who is Elizabeth Holmes and why was she on trial?

"She just seemed absolutely confident of her own brilliance," a Stanford professor remembers of the former student. from BBC News - Business https://ift.tt/QE27KqC
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Will you be allowed to watch the World Cup at work?

Bosses have to decide whether to get behind the controversial World Cup. from BBC News - Business https://ift.tt/Qr7sWRS
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Banksy accuses clothing brand Guess of 'helping themselves' to his artworks

The graffiti artist called on shoplifters to visit a London branch of Guess in retaliation. from BBC News - Business https://ift.tt/Kq0Gr2M
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UK house prices forecast to fall for the next two years

A drop of 9% is expected between now and autumn 2024, an official forecaster suggests. from BBC News - Business https://ift.tt/hpNPsmU
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World Cup 2022: Beer sales banned at World Cup stadiums in Qatar

Alcohol will not be sold at the World Cup's eight stadiums in Qatar, Fifa have announced from BBC News - Business https://ift.tt/0TlbDcd
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Autumn Statement: Jeremy Hunt defends tax rises for middle earners

Jeremy Hunt says his plan is "balanced", after think tank says it piles more pressure on "squeezed middle". from BBC News - Business https://ift.tt/IlMWvrU
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Shop sales rise but remain below pre-pandemic levels

Sales rebounded in October after the previous month was affected by stores closing for the Queen's funeral. from BBC News - Business https://ift.tt/XGUdZm2
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Elon Musk: Twitter closes offices until next week

It comes amid reports that large numbers of staff have resigned from the social media platform. from BBC News - Business https://ift.tt/rlIoO1y
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Taxing electric cars 'short-sighted' say manufacturers

Extending the tax to include electric models is "short-sighted" says Ford. from BBC News - Business https://ift.tt/QAPDbFc
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Royal Mail asks to stop Saturday letter deliveries

It comes as the business seeks to revive its fortunes after slumping to a hall-year loss. from BBC News - Business https://ift.tt/BwGzhEF
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Why smart thermostats don't always save you money

The makers of smart thermostats says the devices can cut energy bills but the evidence is not conclusive. from BBC News - Business https://ift.tt/HUYztwl
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Ukraine war: Billionaire Andrew Forrest launches $25bn fund for reconstruction

Andrew Forrest's Ukraine Green Growth Initiative aims to replace destroyed infrastructure. from BBC News - Business https://ift.tt/rD0BW6Q
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Taylor Swift Ticketmaster crash draws ire on Capitol Hill

A glitch caused by high demand for her concerts has triggered monopoly busters in Washington DC. from BBC News - Business https://ift.tt/1XZ36lF
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Autumn Statement: Jeremy Hunt to unveil spending cuts and tax rises

Pensions and benefits will rise with prices but energy support is expected to be scaled back, the BBC understands. from BBC News - Business https://ift.tt/Mmwd46g
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Chinese buyout of Newport microchip plant a 'security risk'

The UK government says Nexperia's takeover of Newport Wafer Fab creates national security risks. from BBC News - Business https://ift.tt/v6XmxS3
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Estee Lauder to buy designer brand Tom Ford

The cosmetics giant will purchase the designer fashion brand for £2.4bn. from BBC News - Business https://ift.tt/6IAGJfL
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Water customers may be owed £163m for sewage spills

Water companies have been discharging waste in to rivers, claim researchers of corporate wrongdoing. from BBC News - Business https://ift.tt/3Ps96g8
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Over a million are owed money by failed crypto exchange

Experts and watchdogs warn UK investors that when crypto firms fail, getting money back is unlikely. from BBC News - Business https://ift.tt/bQIsm5P
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No uniform choice for Virgin Atlantic crew on World Cup flight

The airline's gender-neutral uniform policy does not apply to staff flying the England team to Doha. from BBC News - Business https://ift.tt/KPF5XL4
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Made.com collapse: Nottingham auction house to sell off stock

It comes after the online furniture retailer collapsed, leading to hundreds of job losses. from BBC News - Business https://ift.tt/3PlnbwY
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Heinz, Dolmio and Anchor: Top food brands see prices soar

The price of some popular branded foods have as much as doubled in two years, Which? research suggests. from BBC News - Business https://ift.tt/1PzjF4h
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Biggest crypto exchange Binance urges new industry rules

The boss of Binance tells the G20 the collapse of a rival exchange shows crypto needs regulations. from BBC News - Business https://ift.tt/w8zTPBG
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Cost of living: Japan economy unexpectedly shrinks after yen slide

People and businesses spent less than expected as the weak Japanese currency made imports more expensive. from BBC News - Business https://ift.tt/fVk6Ii9
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Cost of living: Electric heaters may pose fire risks despite savings

The popularity of portable heaters to warm a single room has increased as energy bills have soared. from BBC News - Business https://ift.tt/lI4MXa8
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Amazon 'prepares mass job cuts' as sales slow - reports

The reductions could affect about 10,000 people at the e-commerce giant, reports suggested. from BBC News - Business https://ift.tt/SHNeTdi
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Cost of living: 'We've got to sell our family home due to mortgage rise'

A mother-of-three says she can't see any option than selling her house due to mortgage rates rising. from BBC News - Business https://ift.tt/6fvI35Q
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Rishi Sunak: We’ll deliver public finances markets expect

The PM says this week's autumn budget would "put our public finances on a sustainable trajectory". from BBC News - Business https://ift.tt/r1deChc
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Cost of living: Expanded energy bill discount scheme under way

A bigger rebate under the Warm Home Discount begins but concerns remain some are missing out. from BBC News - Business https://ift.tt/WavnJ1j
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Frasers Group said to be close to buying Savile Row tailor - report

The Sports Direct owner is reported to be advanced talks to buy Savile Row tailor Gieves & Hawkes. from BBC News - Business https://ift.tt/U60Tajg
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Country star Dolly Parton gets $100m award from Amazon founder Jeff Bezos

The Amazon founder commended the country music star for her commitment to improving literacy. from BBC News - Business https://ift.tt/QqNteYM
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Why smart thermostats don't always save you money

The makers of smart thermostats says the devices can cut energy bills but the evidence is not conclusive. from BBC News - Business https://ift.tt/fQ0FBV4
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The repair Budget to defuse a financial timebomb

Chancellor Jeremy Hunt's key message this week will be about restoring stability and controlling price rises. from BBC News - Business https://ift.tt/JLAHUGn
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Jeremy Hunt: Everyone will have to pay more tax

The chancellor also tells the BBC he wants to make sure any recession is as short and shallow as possible. from BBC News - Business https://ift.tt/MQx8giV
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The fall of the FTX ‘King of Crypto’ Sam Bankman-Fried

How a crypto empire built on video game battles and beanbags came crashing down. from BBC News - Business https://ift.tt/UOZotNq
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Autumn Statement: When is it and how will it affect me?

With the UK facing a cost-of-living crisis the government is set to unveil tax and spending plans. from BBC News - Business https://ift.tt/ZLQ4ntD
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'There really is more to life than posting on Instagram'

A small but growing number of people are giving up the likes of Facebook, Twitter and Instagram. from BBC News - Business https://ift.tt/NuOdS9I
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Twitter drama continues with blue-tick confusion

A number of executives have walked out after a turbulent launch of new Twitter features. from BBC News - Business https://ift.tt/sWFA127
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Heathrow Airport says no passenger limits over Christmas

The airport has been working with airlines and ground handlers to prepare for the busy period. from BBC News - Business https://ift.tt/aTIvkrO
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Recession looms as UK economy starts to shrink

It comes after the Bank of England warns the UK is facing a two-year financial slump. from BBC News - Business https://ift.tt/Ng3MKi4
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Inside the capture of a Russian oligarch's superyacht

A $325m luxury boat is floating in a US cargo port after the FBI tracked it down in the Pacific. from BBC News - Business https://ift.tt/sHAgktS
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US regulator FTC says it is concerned about Twitter

The Federal Trade Commission says developments at Twitter could risk it violating regulatory orders. from BBC News - Business https://ift.tt/GixLeJo
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Labour vows to lift ban on onshore wind

A Labour government would ease planning rules for new onshore wind farms, Sir Kier Starmer says. from BBC News - Business https://ift.tt/8B97hfm
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KFC apologises after German Kristallnacht promotion

The fast-food chain urged German customers to commemorate the Nazi pogrom with cheesy chicken. from BBC News - Business https://ift.tt/RepjLZ9
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100,000 civil servants vote for strike action

The Public and Commercial Services Union is calling for a 10% pay rise and no cuts to redundancy terms. from BBC News - Business https://ift.tt/9rtS4hV
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Musk tells Twitter staff remote working will end

The boss of the social media firm also warns workers to prepare for "difficult times", reports say. from BBC News - Business https://ift.tt/tOrhIyw
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Elon Musk foreign ties worth being looked at, Joe Biden says

The US president was asked whether Saudi Arabia helping the Tesla boss to buy Twitter should be probed. from BBC News - Business https://ift.tt/79Ww8Qo
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Economists question 'black hole' in UK finances

The government's justification for upcoming UK tax rises and spending cuts is shaky, economists say. from BBC News - Business https://ift.tt/3Br0iPI
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Christmas adverts toned down during cost of living crisis

John Lewis says the cost of living crisis was "front of mind" as it joins other big brands launching festive campaigns. from BBC News - Business https://ift.tt/GJfqQBP
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Binance walks away from FTX crypto exchange bailout

Binance will not pursue the deal for its smaller rival citing reports of 'mishandled customer funds'. from BBC News - Business https://ift.tt/GKrfa2j
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Facebook-owner Meta to cut 13% of its workforce

Chief executive Mark Zuckerberg said it was one of the most difficult changes in Meta's history. from BBC News - Business https://ift.tt/jZhTPc4
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M&S warns of 'gathering storm' as profits fall

Profits fall sharply at the High Street giant as it struggles with higher energy bills and overheads. from BBC News - Business https://ift.tt/Nxs5qfv
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Made.com goes bust with up to 500 jobs lost

The firm, which enjoyed soaring sales during Covid lockdowns, hit problems as households cut back. from BBC News - Business https://ift.tt/VS2dNoK
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FTX: Cryptocurrency market rocked by near-collapse of exchange

The world's biggest cryptocurrency exchange said it reached a deal with FTX to cover a "liquidity crunch". from BBC News - Business https://ift.tt/X6SkptT
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'One of the hottest start-up spaces in the US'

North Carolina is aiming to become a hub for start-ups to grow and do business. from BBC News - Business https://ift.tt/Vhow6U3
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Disney says streaming business at 'turning point'

The company has more than 235 subscriptions across its three streaming platforms, including Disney+. from BBC News - Business https://ift.tt/yG3u9Xh
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Egg farmers squeezed as costs rise

Some farmers have accused supermarkets of not paying them a fair price for their eggs. from BBC News - Business https://ift.tt/9ntUmGZ
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Tesla recalls 40,000 cars over power-steering fault

The recall affects the 2017-21 Model S and Model X vehicles. from BBC News - Business https://ift.tt/4a3LDmI
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Primark pledges no more price rises as costs soar

The firm's owner said the soaring cost of living is putting households under pressure. from BBC News - Business https://ift.tt/NyrTBVZ
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Foxconn: iPhone maker bets on electric truck firm Lordstown Motors

The Taiwanese technology giant says it will invest up to $170m in Ohio-based Lordstown Motors. from BBC News - Business https://ift.tt/k2LGpv8
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When are the £400 energy rebate and other cost-of-living payments due?

All UK households are getting £400 off their winter energy bill and many on low incomes get extra help. from BBC News - Business https://ift.tt/WlEGDCq
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Rail disruption: Many services to start late on Tuesday

First trains will run later on many lines - as Avanti West Coast says services are limited all day. from BBC News - Business https://ift.tt/NrOExRA
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Facebook owner Meta expected to announce major job losses

The company faces difficult economic conditions and is investing heavily in its metaverse push. from BBC News - Business https://ift.tt/VL8obHr
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Ex-Made boss says offer to save company ‘rebuffed’

Former boss of furniture brand says his offer to rescue firm from administration was rejected. from BBC News - Business https://ift.tt/2KNFm06
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Do not end green energy grants, manufacturers urge MPs

Manufacturing firms urge MPs to match an EU scheme subsidising the cost of renewable energy systems. from BBC News - Business https://ift.tt/70SVW2o
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Apple: iPhone shipments delayed over China Covid lockdown

Firm warns customers to expect longer wait times for its new iPhone due China's Covid lockdown. from BBC News - Business https://ift.tt/pZj831d
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Ebay urges shoppers to pick old over new this Black Friday

This Black Friday the online marketplace is promoting used items to avoid unwanted spending and waste. from BBC News - Business https://ift.tt/WE0rtwY
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Made.com expected to go into administration this week

Around 500 staff are expected to lose their jobs after the online furniture store failed to find a buyer. from BBC News - Business https://ift.tt/2AOthe4
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Rail passengers urged to check Monday travel

Most train companies will operate limited services on Monday despite strikes being called off. from BBC News - Business https://ift.tt/vs79hzY
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National Insurance: Will tax cut save me money?

The government's reversal of the 1.25p increase in National Insurance has come into effect. from BBC News - Business https://ift.tt/PURAKO8
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Twitter confirms fee for blue-tick verification after Musk takeover

Controversially Twitter says blue-tick status will be open to those who pay a monthly $7.99. from BBC News - Business https://ift.tt/x590XCk
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Liberal Democrats: Give struggling homeowners £300 a month

People whose mortgage payments had risen more than 10% would get a grant, under the party's plan. from BBC News - Business https://ift.tt/e4LaDqH
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Cost of living: Pub halves beer and cider choice to survive

A landlord is pinning energy bills to walls to show regulars why the cost of their pint has gone up. from BBC News - Business https://ift.tt/9Rfu4Kk
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Jack Dorsey: Twitter co-founder breaks silence on Elon Musk takeover

The former CEO appeared to agree with the dismissals, saying he had grown the company "too quickly". from BBC News - Business https://ift.tt/Q3gwvu5
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Twitter UK staff get deadline over cuts consultation

Hundreds affected by Twitter's worldwide job cuts have three days to elect a representative. from BBC News - Business https://ift.tt/QmUh7Lj
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Twitter: Musk defends deep cuts to company's workforce

The site's new owner says he had "no choice" but to slash jobs - cuts which appear to affect 50% of staff. from BBC News - Business https://ift.tt/wurPe0s
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Series of rail strikes from Saturday suspended

The RMT union had been planning strikes on 5, 7 and 9 November in a dispute over pay. from BBC News - Business https://ift.tt/WSkJY1x
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US jobs growth solid but slowing amid inflation fight

The news comes as the economy remains a top concern for voters ahead of the midterm elections. from BBC News - Business https://ift.tt/gQTVzwA
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Workers at Heathrow to strike in World Cup run-up

A union says 700 workers at the UK's biggest airport will walk out for three days from 18 November. from BBC News - Business https://ift.tt/qNrlCvL
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Avanti West Coast: Rail boss apologises for recent disruption

Avanti West Coast and Transpennine Express have been criticised for reduced timetables and cancellations. from BBC News - Business https://ift.tt/H8sZBdk
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Twitter to make job cuts after Elon Musk takeover

The social media giant says staff will be told on Friday whether they are to be laid off. from BBC News - Business https://ift.tt/h3ZzSNs
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Mortgages: What happens if I miss a payment?

Homeowners are worried about rising mortgage costs - but lenders must help those struggling. from BBC News - Business https://ift.tt/7iYCn2N
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Life tough for millions of households, says Sainsbury's boss

The supermarket reports a fall in profits and says shoppers are "watching every penny and every pound". from BBC News - Business https://ift.tt/SMOeJvm
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One in four have accents mocked at work - survey

Almost half of those surveyed have also faced jibes over their accents in a social setting. from BBC News - Business https://ift.tt/cWrz5bG
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TikTok says staff in China can access UK and EU user data

The Chinese social media giant said the policy is "based on a demonstrated need to do their job". from BBC News - Business https://ift.tt/rvRHAQg
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House prices: What happens when they fall?

How could rising interest rates affect the housing market around the UK? from BBC News - Business https://ift.tt/td4Mc96
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Cost of living: The homebuyers anxious about their mortgages

Three people from Derby tell BBC News how they will be affected by the Bank of England base rate hike. from BBC News - Business https://ift.tt/gGRJri0
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China Covid: Panic and fear drove iPhone factory breakout

Workers at the plant in Zhengzhou, China, thought they were going to be part of a huge Covid experiment. from BBC News - Business https://ift.tt/abtsheu
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Questions raised about AI weapons-scanning company

BBC News has seen evidence Evolv, which claims to have the "signatures" of all weapons, has limitations. from BBC News - Business https://ift.tt/zS2QXtg
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Cost of a cup of tea rising as food prices jump

Prices for tea bags, milk and sugar all rose significantly in October, according to latest figures. from BBC News - Business https://ift.tt/kD0URIH
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Four areas added to banking hubs waiting list

The shared premises serve customers from a range of banks but only two have opened so far. from BBC News - Business https://ift.tt/tJTVYr2
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Prison job advert banned for racial stereotyping

The photo of a black inmate and white officer was likely to cause serious offence, a watchdog found. from BBC News - Business https://ift.tt/bkgOeMP
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Elon Musk says £7 monthly fee for Twitter blue tick

Critics say the change could make it harder for people to find reliable sources on the social media site. from BBC News - Business https://ift.tt/uQLRwjB
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Bank makes history as it reverses ‘quantitative easing’

It is the first central bank to start unwinding the emergency support brought in after the 2008 financial crisis. from BBC News - Business https://ift.tt/f3KjOvR
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Morrisons to close 132 McColl's stores putting jobs at risk

Owner Morrisons says that closing the loss-making stores will put 1,300 jobs at risk. from BBC News - Business https://ift.tt/2S6YpT7
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Banker Oleg Tinkov renounces Russian citizenship over Ukraine

Billionaire oligarch Oleg Tinkov condemns "Putin fascism", furious at Russia's invasion of Ukraine. from BBC News - Business https://ift.tt/X0M4Yqs
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Blackouts would be last resort, says National Grid

UK energy supplies should be sufficient this winter, the firm says, but power cuts are a possibility. from BBC News - Business https://ift.tt/wo2eRIP
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UK battery firm Britishvolt averts collapse as funding secured

There were fears Britishvolt could run out of money after the government refused to advance funding. from BBC News - Business https://ift.tt/Nynm9kH
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LEVC: Coventry taxi-maker announces 140 job cuts

LEVC, which makes an electric version of the iconic London cab, blames the effects of the pandemic. from BBC News - Business https://ift.tt/HQ0AtCn
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Mother wins £60,000 over Morrisons discrimination

Donna Patterson said the supermarket had mistreated her after she returned to work from maternity leave. from BBC News - Business https://ift.tt/hJAugXM
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UK battery firm Britishvolt near collapse as seeks funding

Britishvolt is understood to be facing administration the government withdrew £100m in funding. from BBC News - Business https://ift.tt/FQC3pPq
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£400 energy support vouchers going unclaimed

Many customers with non-smart prepayment meters have not cashed in vouchers aimed at helping with bills. from BBC News - Business https://ift.tt/8mi6QkF
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Apple: Chinese workers flee Covid lockdown at iPhone factory

Video shared online shows people jumping a fence to escape the plant, owned by Foxconn, in Zhengzhou. from BBC News - Business https://ift.tt/iMNI4pw
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Michael Gove commits to 300,000 homes target

Former PM Liz Truss had cast doubt on the aim, saying she would scrap "Stalinist" housing targets. from BBC News - Business https://ift.tt/yV97lr2
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Ukraine war: Russia halts grain deal after 'massive' Black Sea Fleet attack

The UN says it is vital not to imperil the deal, as Ukraine accuses Russia of "using a false pretext". from BBC News - Business https://ift.tt/oIpuD70
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New ground as tech aims to help boost soil health

As much of the world's earth has been degraded, efforts are being made to improve matters. from BBC News - Business https://ift.tt/EqhUsxA
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Octopus Energy to take over collapsed supplier Bulb

Bulb's 1.5 million customers will not experience any change to energy supplies, the UK government says. from BBC News - Business https://ift.tt/Uri3vIJ
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'You think twice about driving': Fuel prices rise again

The rise in diesel and petrol prices is having a particularly tough impact in rural areas. from BBC News - Business https://ift.tt/CtcZrEP
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What next for Twitter under Elon Musk?

The BBC's technology editor looks at the path ahead for the tech company and the billionaire. from BBC News - Business https://ift.tt/CKcWiJD
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National Highways apologises over smart motorway sign failure

Drivers reported "mile upon mile" of lane closure warnings and "unreadable" overhead signs. from BBC News - Business https://ift.tt/Rf47Cwy
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Giant UK gas storage site reopened ahead of winter

Centrica is reopening its Rough gas storage facility to increase the UK's capacity by 50%. from BBC News - Business https://ift.tt/dE41sbN
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Sliding yen: What is happening to the Japanese currency?

The country's central bank is expected to keep interest rates below zero even as the currency slides. from BBC News - Business https://ift.tt/S3cAutH
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Investors dump Amazon as economy concerns grow

The tech giant warned of slower growth as shoppers return to bricks and mortar stores. from BBC News - Business https://ift.tt/tJM4PXU
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Why are so many workers going on strike?

Hundreds of thousands of workers have walked out, or threatened to, causing widespread disruption. from BBC News - Business https://ift.tt/rcWagsv
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Cost of living: NUS says university unions ramping up food help

The NUS says more and more students are struggling to pay for food as rent and bills go up. from BBC News - Business https://ift.tt/S34GWvn
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'Uninvited' Kanye West escorted out of Skechers

The controversial rapper tried to film at the shoe brand's LA headquarters but was asked to leave. from BBC News - Business https://ift.tt/4pRChbn
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Shell beats forecasts as profits more than double

The energy giant reported $9.5bn in profits though growth is slower than record figures this year. from BBC News - Business https://ift.tt/VN1ZG2R
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Made.com furniture website stops taking new orders

The online retailer says talks with potential buyers had failed, pushing it towards administration. from BBC News - Business https://ift.tt/bYRDFde
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Cost of living: Young professionals targeted by investment scams

Young professionals hit by the cost of living are being targeted by scams suggesting money-making schemes. from BBC News - Business https://ift.tt/62INK1f
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Pound holds gains after delay to economic plan

The currency has rallied against the dollar in recent days, and rose further on Wednesday. from BBC News - Business https://ift.tt/ty7N6XL
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Moving electric Mini production to China unfortunate, minister says

The first electric Mini was built in Oxford in 2020 but BMW is shifting production out of the UK. from BBC News - Business https://ift.tt/WkPijAr
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Heathrow warns normal passenger levels years away

The airport says it is unlikely to see passenger numbers return to pre-pandemic levels for years. from BBC News - Business https://ift.tt/8etu4Dr
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China Covid: Universal Resort shuts due to Beijing coronavirus cases

The park did not say when it would reopen, but pledged to refund or reschedule tickets. from BBC News - Business https://ift.tt/PW4hMNr
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Energy bill help for all is too expensive, warns the World Bank

Some Covid help was not targeted enough and the same is happening with energy bills, its president says. from BBC News - Business https://ift.tt/t0EfJ3H
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Google and Microsoft hit by slowing economy

The tech giants say customers are cutting back amid growing signs of an economic downturn. from BBC News - Business https://ift.tt/slAwcdR
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Rishi Sunak: What will the new PM mean for my money?

The new prime minister says there are "difficult decisions to come" and that could affect our finances. from BBC News - Business https://ift.tt/7PUbzKH
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Adidas cuts ties with rapper Kanye West

The fashion giant said it does "not tolerate antisemitism" after the rapper's recent remarks. from BBC News - Business https://ift.tt/jzZH0ov
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WhatsApp down for users across UK and world

Many are complaining that they are unable to send messages from the Meta-owned platform. from BBC News - Business https://ift.tt/f104V8S
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Prices of pasta, tea, chips and cooking oil soar

The price of budget food items rose by 17% in the year to September, official figures suggest. from BBC News - Business https://ift.tt/ZrTXfJs
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Can Sunak steer economy through 'profound crisis'?

The new prime minister must restore market credibility, tackle inflation and drive growth. from BBC News - Business https://ift.tt/C1UyaLV
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Competition regulator needs teeth to curb big tech, MPs say

They urge publication of a draft bill that could see firms fined 10% of turnover for market abuses. from BBC News - Business https://ift.tt/qmFKTh7
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Energy crisis pushing people onto prepayment meters, says Uswitch

Uswitch says prepayment meter users are more likely to be vulnerable and at risk of running out of credit. from BBC News - Business https://ift.tt/3yGPfcb
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US charges alleged Chinese spies in telecoms probe case

US officials believe China tried to obstruct an investigation, steal technology and intimidate dissidents. from BBC News - Business https://ift.tt/ugiF9Zo
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Rishi Sunak: The most urgent problems facing the new prime minister

Rishi Sunak, the fifth Conservative prime minister in seven years, inherits many pressing challenges. from BBC News - Business https://ift.tt/lRQnUOZ
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First-time buyers hit by drop in mortgage deals

Those with smaller deposits are likely to have less choice from lenders, figures show. from BBC News - Business https://ift.tt/6LofBsQ
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UK set to be sick man of Europe, says Tory backer

Guy Hands, a leading investor, says the UK faces higher taxes, lower benefits and a possible IMF bailout. from BBC News - Business https://ift.tt/ExK40aM
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Sports Direct-owner builds stake in Asos

Frasers Group is the fourth largest shareholder in the fashion firm, which owns the Topshop brand. from BBC News - Business https://ift.tt/kYgApTl
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Pound steady as Rishi Sunak seen on track to become PM

Sterling initially rose against the dollar after Boris Johnson dropped out of the leadership contest. from BBC News - Business https://ift.tt/q95kO0X
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What we just learned about China's economy

On Monday, the country announced economic growth figures, after they were postponed last week. from BBC News - Business https://ift.tt/Twft7u2
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Royal Mail: 100 days left to use stamps without a barcode

Royal Mail says everyday stamps that do not have a barcode will no be longer valid after 31 January. from BBC News - Business https://ift.tt/0CM1AfO
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UK faces tougher austerity era - ex-Bank chief

Former Bank of England governor Lord King says people could face "significantly higher taxes". from BBC News - Business https://ift.tt/tlX71eK
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Cost of living: Why more Australians are giving up their pets

The cost of pet food has soared in Australia due to the pandemic and the Ukraine war. from BBC News - Business https://ift.tt/Vp3fbdr
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Dietrich Mateschitz: Red Bull co-owner & energy drink giant dies aged 78

Red Bull co-owner Dietrich Mateschitz, a major global business figure as a result of his energy drinks empire, dies aged 78. from BBC News - Business https://ift.tt/imlOJ7u
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Avanti West Coast rail services axed amid strike action

Only one Avanti service per hour will run from London to Manchester, Liverpool and Glasgow. from BBC News - Business https://ift.tt/uwL6ytf
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Moody's: UK's economic outlook now 'negative', ratings agency says

Political instability and high inflation in the country means it is less likely to pay back debts, the ratings agency says. from BBC News - Business https://ift.tt/BxjrXyF
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Spain lifts final Covid rules for UK travellers

British holidaymakers will no longer have to provide Covid or vaccination status to get into Spain. from BBC News - Business https://ift.tt/6arTPEk
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Tesco raises meal deal price as food costs soar

It is the first time in 10 years the popular lunch choice has gone up for all customers. from BBC News - Business https://ift.tt/xuMC2yF
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Falling pound: What does it mean for me and my finances?

The pound has fallen against the dollar as the UK's financial and political turmoil continues. from BBC News - Business https://ift.tt/qALHQBR
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Government borrowing rises in September

Borrowing reached £20bn last month, according to the Office for National Statistics. from BBC News - Business https://ift.tt/QkYuDam
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‘I worry about affording rent’

Average monthly rents reach £1,162 outside London, leaving renters like Ben McNeil counting the cost from BBC News - Business https://ift.tt/YAzZak8
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National Grid raises discounts for off-peak electricity use

Households will get a discount of £3 per kw/h instead of 52p off bills, National Grid says. from BBC News - Business https://ift.tt/kyCDZti
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Amazon could pay UK shoppers £900m compensation

A group-action claim alleges Amazon breached competition law and caused customers to pay higher prices. from BBC News - Business https://ift.tt/CWkYlvE
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Amazon workers fail to reach strike threshold in historic UK ballot

GMB says it was three votes short of reaching the 50% threshold needed for industrial action. from BBC News - Business https://ift.tt/bnE1KGj
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Mortgage rates hit fresh 14-year highs

Average two-and-five year fixed rates have jumped to 6.65% and 6.51% respectively. from BBC News - Business https://ift.tt/F24ymRh
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Investors remain calm despite political chaos

One analyst says investors are "watching in a kind of stunned, open-mouthed horror" at political events. from BBC News - Business https://ift.tt/J85jZWD
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Hong Kong shares hit lowest level since 2009

Shares slumped after a major speech by the city's leader and as investors fret about a global slowdown. from BBC News - Business https://ift.tt/LVYlBrU
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Tesla sales climb but miss expectations

Elon Musk's electric car firm has been ramping up production from BBC News - Business https://ift.tt/mSbsEc0
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Amazon's Jeff Bezos in economy warning: 'Batten down hatches'

With economic gloom on the US's horizon, tech giant's boss points out warning signals from BBC News - Business https://ift.tt/Euo4kqQ
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Asos sees big loss as shoppers spend less on fashion

The online fashion retailer says it is feeling the pain of a shrinking UK economy. from BBC News - Business https://ift.tt/uesPKlo
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Kakao outage: Co-chief executive quits South Korea internet giant

A fire shut down Kakao services for more than eight hours on Saturday. from BBC News - Business https://ift.tt/oPWpfvu
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Netflix: How did the streaming service turn its fortunes around?

The streamer has grown its subscriber base after two consecutive quarters of losses. from BBC News - Business https://ift.tt/eYZ1EDn
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HSBC climate change adverts banned by UK watchdog

The regulator said the bank "omitted significant information" about its contribution to harmful emissions. from BBC News - Business https://ift.tt/dZPVjtQ
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BBC experts on six things you can do as cost of living rises

BBC correspondents share some things that could help you cope with rising prices. from BBC News - Business https://ift.tt/zQ0rxoi
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Cost of living fears grow as latest inflation data to be revealed

The latest price rise figures for September are due as a survey for the BBC suggests concern is rising. from BBC News - Business https://ift.tt/PbJQMgT
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Netflix: Big hits help reverse subscriber losses

The company added over 2.4 million subscribers, reversing losses earlier in the year. from BBC News - Business https://ift.tt/wpng2xa
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Mini-budget scrapped: A simple guide to why plan was dropped

Eight steps to understand why the financial turmoil matters to mortgage payers and everyone else. from BBC News - Business https://ift.tt/Es0gTw1
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Two-year mortgage rates hit fresh 14-year high

The average two-year fixed rate deal has risen above 6.5%, the highest since the 2008 financial crisis. from BBC News - Business https://ift.tt/D7iG2H1
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Nord Stream blast 'blew away 50 metres of pipe'

Danish police say explosions damaged two pipelines built to bring Russian gas to Germany. from BBC News - Business https://ift.tt/Kja4pZn
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UK workers face a two decade-long wage squeeze, says TUC

The outgoing head of the TUC warns people have been pushed to "breaking point" with no real pay rises. from BBC News - Business https://ift.tt/kUT7lu0
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China congress: Beijing delays key economic figures as leaders meet

Closely-watched growth data for the world's second largest economy was due to be released on Tuesday. from BBC News - Business https://ift.tt/YzysHRa
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Millions of people should be paying less for their broadband

Providers are failing to promote the cheapest tariffs available for pensioners and people on benefits. from BBC News - Business https://ift.tt/RSwu6YF
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Train strikes: Workers vote on further six months of walkouts

The RMT union is asking members if they will support further train strikes to Spring 2023. from BBC News - Business https://ift.tt/SiokF5l
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Rent increases: What you can do about a rise from your landlord

The BBC's Lora Jones tells you four things you can do, if your landlord asks for more money. from BBC News - Business https://ift.tt/CmsqOZD
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Silence over plan to remove bankers' bonus cap

Jeremy Hunt dismantled much of the mini-budget, but seems to have kept scrapping the cap on bankers' bonuses. from BBC News - Business https://ift.tt/TYQhfqu
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Two thirds of tax cuts from mini-budget reversed

New chancellor Jeremy Hunt said "almost all" of the cuts announced by his predecessor in September would go. from BBC News - Business https://ift.tt/4cVDbBL
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Two thirds of tax cuts from mini-budget reversed

Some £32bn of the £45bn promised in mini-budget will be overturned, says new Chancellor Jeremy Hunt. from BBC News - Business https://ift.tt/wd8aAyL
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Chancellor to fast track tax and spending measures

The move is designed to help reassure jittery markets before they open in London this morning. from BBC News - Business https://ift.tt/awGV7Jb
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Star casino: Record fine for Australian operator over money laundering

An inquiry earlier this year found "breathtaking" misconduct by The Star Entertainment Group. from BBC News - Business https://ift.tt/Wk5h3Gq
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Pound moves higher in Asia trade after U-turns

The British currency gained 0.5% against the US dollar in early Asia trading on Monday. from BBC News - Business https://ift.tt/P9gxlwf
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Tesco warns public faces hardship in wake of interest rates rise

John Allan told the BBC he feels a "moral responsibility" to help those affected by rates going up. from BBC News - Business https://ift.tt/C7K3Qmq
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Jeremy Hunt to join Liz Truss at Chequers for talks on economic plans

The new chancellor warns of "very difficult decisions" as he heads to Chequers to hold talks with the PM. from BBC News - Business https://ift.tt/YSVbotG
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Bank of England chief warns of fresh interest rate hike

Andrew Bailey also describes his conversations with Chancellor Jeremy Hunt as a "meeting of minds". from BBC News - Business https://ift.tt/CH4K9Dk
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Electric Mini production to move to China

The first electric Mini was built in Oxford in 2020, but most will now be made in China. from BBC News - Business https://ift.tt/ErCWeZq
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Will the UK financial chaos spark a wider meltdown?

Risks to global financial stability are verging on crisis levels, the IMF has warned. from BBC News - Business https://ift.tt/tc6PG4g
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India's solar-powered future clashes with local life

India wants 40% of its electricity to come from renewable sources, which will require vast amounts of land. from BBC News - Business https://ift.tt/xbmNvgS
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Royal Mail to axe up to 6,000 jobs as losses rise

The postal service blames strike action and widening losses for the mass redundancies. from BBC News - Business https://ift.tt/Om2HMz5
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US banking giant JP Morgan Chase cuts ties with Kanye West

A letter informing Mr West of the decision was posted on Twitter by conservative activist Candace Owens. from BBC News - Business https://ift.tt/LYerV34
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Japanese yen touches 32-year low against US dollar

US currency jumped in value against major world currencies after higher-than-expected inflation data. from BBC News - Business https://ift.tt/7LKYu9b
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Mini-budget U-turn on the table as pressure mounts

Discussions continue but many Tory MPs believe changes to the economic plan are inevitable. from BBC News - Business https://ift.tt/gtAHs2h
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France sends Germany gas for first time amid Russia energy crisis

The new flow was sent in "European solidarity" after Russia cut energy supplies to Europe. from BBC News - Business https://ift.tt/4ECLxYy
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Fujitsu: How a Japanese firm became part of the Post Office scandal

The story of how a software firm based thousands of miles away became embroiled in the UK scandal. from BBC News - Business https://ift.tt/ckxImHb
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Kwasi Kwarteng: I'm not going anywhere, says chancellor

Asked whether he could U-turn on parts of his mini-budget, Kwasi Kwarteng says "our position hasn't changed". from BBC News - Business https://ift.tt/SAaed3J
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Consumers urged to cut energy use this winter

Energy watchdog Ofgem will launch a campaign to cut consumption and ensure the UK has enough supplies. from BBC News - Business https://ift.tt/D3EQPf7
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Housing slowdown warning after mortgage rates rise

The warning comes as the Bank of England says the number struggling to pay mortgages could hit a 15-year high. from BBC News - Business https://ift.tt/Py1ZfKd
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Great British Railways: Fears planned rail body could be axed

The Rail Forum says it fears government plans to overhaul the system might not go ahead. from BBC News - Business https://ift.tt/r92RiMH
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Cough syrup deaths: India production halted after Gambia child fatalities

Maiden Pharmaceuticals broke rules "across its manufacturing and testing activities," regulators found. from BBC News - Business https://ift.tt/iBfKkjJ
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Royal Mail workers walk out in first of 19 days of strikes

No letters will be sent during the strike, but medical deliveries will be prioritised. from BBC News - Business https://ift.tt/vnxPXb1
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‘My bus ticket was more than I got paid an hour’

The minimum wage has gone up by less for those under 20 than for older workers since 2016. from BBC News - Business https://ift.tt/1vOFMBy
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Pensions, savings and mortgages - your questions answered

The BBC's Kevin Peachey answers your questions and concerns on pensions and mortgages. from BBC News - Business https://ift.tt/bzVpyhR
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What will happen if Britain has winter blackouts?

Power cuts are very unlikely in the coming months but not impossible so what would it mean for you? from BBC News - Business https://ift.tt/E8Qc9D3
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UK economy unexpectedly shrinks in August sparking recession fears

Economic growth in the UK fell 0.3% in August, after growing by 0.1% in July, official figures show. from BBC News - Business https://ift.tt/5XJZGrT
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Uber and Lyft shares slump on US 'gig' economy plan

Tens of millions of people work in the global gig economy across services like food delivery and transport. from BBC News - Business https://ift.tt/asiCbcU
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Government plans cap on renewable energy revenues

Ministers say the move would ensure consumers and businesses pay a fair price for energy. from BBC News - Business https://ift.tt/qV0evXJ
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Netflix signs up to ratings body Barb

It means the streaming giant's viewing figures will be measured by an external body for the first time. from BBC News - Business https://ift.tt/0FvVqTy
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TikTok profits from livestreams of refugees begging

Children are among those pleading for hours for digital gifts, as the company takes a cut of up to 70%. from BBC News - Business https://ift.tt/o2aHjMv
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UK businessman charged with 'helping Russian oligarch evade sanctions'

Graham Bonham-Carter is accused of helping oligarch Oleg Deripaska to evade US-imposed sanctions. from BBC News - Business https://ift.tt/0F98bWO
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Mark Zuckerberg reveals new Quest Pro VR headset

Facebook-owner Meta has revealed a new VR headset as part of its continued metaverse push. from BBC News - Business https://ift.tt/qoc39ag
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Hong Kong declines to act on sanctioned Russian superyacht in harbour

The US accuses the city of granting 'safe haven' to the yacht owned by a Russian oligarch under Western sanctions. from BBC News - Business https://ift.tt/5zgcNu6
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Asia chipmaker shares slide after US curbs on China

On Friday, Washington announced new rules to restrict sales of semiconductor technology to China. from BBC News - Business https://ift.tt/XQT6UKC
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Australians arrested over alleged Sri Lanka bribes for lucrative contracts

It follows a decade-long investigation with several countries into lucrative business contracts. from BBC News - Business https://ift.tt/xQrBFet
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Air France Crash: Aviation bosses heckled as trial begins

Relatives of those who died in the Air France crash yelled "shame" as the trial started in Paris. from BBC News - Business https://ift.tt/FqSJ4ZR
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People stock up on blankets and air fryers ahead of winter

But despite this, an industry body says overall retail sales volumes continued to fall in September. from BBC News - Business https://ift.tt/6njIPHv
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Post Office and Fujitsu to face inquiry over Horizon scandal

The public inquiry is taking further evidence as it investigates the wrongful convictions of postmasters. from BBC News - Business https://ift.tt/fxp01Jt
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Ben Bernanke, former US Federal Reserve chief, wins Nobel Prize

Ben Bernanke, who led the Fed through the financial crisis, scooped the award as part of a trio. from BBC News - Business https://ift.tt/ilyoKCD
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Widespread disruption as ScotRail strike goes ahead

Passengers face 24 hours of limited services after ScotRail RMT members rejected the latest pay offer. from BBC News - Business https://ift.tt/BVZKbdh
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Ticketmaster demand-based pricing system criticised

New dynamic pricing model is designed to stop touts from profiting on the secondary market. from BBC News - Business https://ift.tt/viFfxlb
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Musk on China-Taiwan: Beijing praise and Taipei criticism over comments

Tesla chief executive Elon Musk said Taiwan should become a special administrative zone of China. from BBC News - Business https://ift.tt/H0etJfQ
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Post Office handles more cash as banks close and prices rise

Bank closures and rising prices mean more people are turning to the Post Office for cash. from BBC News - Business https://ift.tt/nQKVdNB
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Greg Hands named trade minister after Conor Burns sacking

The MP had backed Liz Truss's rival for PM but his appointment comes amid calls for party to unite. from BBC News - Business https://ift.tt/wAdS682
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Scottish airline Loganair goes on the market

The UK's largest regional airline is being sold with the hope of new owners taking over by mid-2023. from BBC News - Business https://ift.tt/qE1gyQ5
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Energy use advice campaign pulled due to cost, Zahawi says

The cabinet minister tells the BBC the public information campaign would have cost up to £15m. from BBC News - Business https://ift.tt/mSLtyK0
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How to cut your energy bills

Energy bills have gone up, but there are some easy ways households can reduce costs. from BBC News - Business https://ift.tt/U21jmVL
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Cost of living: Off-grid businesses are being forgotten

The owner of Caws Teifi Cheese wants more help for companies who use oil or liquefied petroleum gas. from BBC News - Business https://ift.tt/Vk7tM2e
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Renewable energy: Government plan for price cap is risky, firms warn

A government limit on electricity generated in older renewable and nuclear facilities is expected this week. from BBC News - Business https://ift.tt/yCvIXxH
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Rail strikes: Only one-in-five trains to run in latest strike

Rail passengers across Britain are urged to avoid travel on Saturday unless absolutely necessary. from BBC News - Business https://ift.tt/6oUMaWA
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What will happen if Britain has winter blackouts?

Power cuts are very unlikely in the coming months but not impossible so what would it mean for you? from BBC News - Business https://ift.tt/epEn5O1
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US ramps up curbs on chip sales to China

The US has said it wants to prevent China's military from accessing "sensitive technology". from BBC News - Business https://ift.tt/e8uhtfQ
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Train strikes: Passengers told to avoid travel on Saturday

The latest strike means only one in five trains will run, with services starting late and finishing early. from BBC News - Business https://ift.tt/aUChXdj
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Mortgage rate rises set to put pressure on house prices, says Halifax

The Halifax says higher mortgage costs could put "significant downward pressure" on the market. from BBC News - Business https://ift.tt/7Iq3JuY
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UK defies climate warnings with new oil and gas licences

More than 100 licences are expected to be granted for new fossil fuel exploration in the North Sea. from BBC News - Business https://ift.tt/0grKfkP
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Adidas puts Kayne West Yeezy deal under review

Earlier this week, the rapper and fashion designer wore a t-shirt that read "White Lives Matter". from BBC News - Business https://ift.tt/uAreXJ1
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Samsung warns of 32% hit to profits on chip slump

Meanwhile, US chip maker AMD said its third quarter revenue would be $1bn less than forecasts. from BBC News - Business https://ift.tt/kKaDN7Z
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The farmers caught up in Taiwan's tensions with China

Taiwanese fruit growers are unable to sell their crop after Beijing banned their importation. from BBC News - Business https://ift.tt/oyBj487
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Homeowners 'tearing their hair out' over rising rates and rents

Whether letting or living in their homes, mortgages are pushing up the cost for many people. from BBC News - Business https://ift.tt/yqpLWDM
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Rail strike: Only one in five trains set to run on Saturday

People are being warned to only travel if absolutely necessary as the RMT union holds another strike. from BBC News - Business https://ift.tt/JxHDcWl
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Electricity: NI could face blackouts by 2024, officials say

The grid operator has warned that action needs to be taken over issues with Kilroot power station. from BBC News - Business https://ift.tt/SpuTwJ1
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Kwasi Kwarteng to meet bank bosses as mortgage rates soar

Major lenders are to meet the chancellor as mortgage costs jump and choice is limited. from BBC News - Business https://ift.tt/imXM4Aj
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Avanti West Coast: Mayor urges pressure to be put on train firm

Andy Burnham calls on the transport secretary to insist upon two London-Manchester trains per hour. from BBC News - Business https://ift.tt/YjRr1nQ
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Maiden Pharmaceuticals: WHO links Gambia deaths to India-made cough syrups

The WHO said the medicinal syrups may be connected with the deaths of 66 children in The Gambia. from BBC News - Business https://ift.tt/Of2JtjT
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Covid: Hong Kong to lure tourists with free air tickets

UK-based Virgin Atlantic said on Wednesday it will stop its Heathrow-Hong Kong services after 30 years. from BBC News - Business https://ift.tt/UpDx71c
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CEO Secrets: What's a modern boss to wear?

Business leaders consider how the move towards more informal clothing attire at work affects them. from BBC News - Business https://ift.tt/eVwztBg
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Oil price rise fears as Opec countries cut output

The move, which reflects a slowing global economy, is expected to raise oil prices around the world. from BBC News - Business https://ift.tt/wpa0YD6
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Elon Musk, Twitter and the mysterious X app

The story of Musk buying Twitter, and how it began with "X, the everything app". from BBC News - Business https://ift.tt/wzHnM0Z
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Average two-year mortgage rate highest for 14 years

A typical two-year fixed rate deal has breached the 6% mark for the first time since November 2008. from BBC News - Business https://ift.tt/eRMAKps
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Tesco: People watching every penny to make ends meet

The UK's largest supermarket chain has announced a further boost to pay for its UK stores. from BBC News - Business https://ift.tt/GUpEJYk
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Elizabeth Holmes: Theranos founder gets hearing on new trial

Elizabeth Holmes requested a new trial after claiming federal prosecutors presented misleading evidence. from BBC News - Business https://ift.tt/XhnrHIJ
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Five reasons why China's economy is in trouble

President Xi Jinping faces his greatest challenge yet ahead of a historic Communist Party meeting. from BBC News - Business https://ift.tt/rQnAucM
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Pound hits two-week high after debt plan U-turn

Kwasi Kwarteng will bring forward details of how he would cut debt to try to reassure investors. from BBC News - Business https://ift.tt/l3EIhtA
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Liz Truss refuses to rule out real-terms benefit cuts

The PM is facing opposition from some Tory MPs over how the government will pay for its growth plans. from BBC News - Business https://ift.tt/lILGNqU
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Philippines lottery: Questions raised as hundreds win jackpot

This is the most number of winners the Philippines has seen in its history, according to local media. from BBC News - Business https://ift.tt/VFpQBiw
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Zelensky and Musk in row over Ukraine 'peace plan poll'

The Tesla boss asked followers to vote on his ideas to end Russia's invasion, prompting criticism. from BBC News - Business https://ift.tt/IkchRiQ
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Can electrical stimulation improve your gym workout?

Whole-body EMS suits are the new big thing in fitness, but do they work? from BBC News - Business https://ift.tt/yxjYaKv
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Chancellor Kwasi Kwarteng to set out debt plan earlier than planned

The chancellor has been under pressure to say how he will pay for major tax cuts package. from BBC News - Business https://ift.tt/LmhxQV6
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What happens when all the banks leave town?

Could a new "banking hub" solve the problems caused by the departure of five banks from Brechin? from BBC News - Business https://ift.tt/oQLS4mw
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Can electrical stimulation improve your gym workout?

Whole-body EMS suits are the new big thing in fitness, but do they work? from BBC News - Business https://ift.tt/yxjYaKv
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Drax: UK power station owner cuts down primary forests in Canada

The owner of the UK's biggest power station, Drax, is cutting down key forests in Canada. from BBC News - Business https://ift.tt/j9GfZrc
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Finland wants to transform how we make clothes

Firms behind innovative fibres says they can make fashion a more sustainable business. from BBC News - Business https://ift.tt/4sc2q8b
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Tory conference: We must stay the course, insists Chancellor Kwasi Kwarteng

Kwasi Kwarteng will defend his tax cuts during his Conservative Party conference speech. from BBC News - Business https://ift.tt/oNwS5iJ
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Liz Truss: The prime minister's claims about the economy fact-checked

Prime Minister Liz Truss made claims on growth, borrowing costs and mortgage rises. from BBC News - Business https://ift.tt/QglJy0I
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Train strikes: What are the dates and where is affected?

Thousands of transport workers are striking in an ongoing row over pay, jobs and conditions. from BBC News - Business https://ift.tt/ABskplP
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Tax cuts pledge did cause disruption, Liz Truss says

The prime minister acknowledges that her economic plans "involve disruption in the short term". from BBC News - Business https://ift.tt/42oLxY0
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EU agrees windfall tax on energy firms

The EU has agreed to implement levies on energy firms which are benefiting from soaring gas prices. from BBC News - Business https://ift.tt/kBADSab
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New growth figures suggest UK not in recession

The economy grew in the second quarter of this year, but it remains smaller than pre-Covid levels. from BBC News - Business https://ift.tt/0WpC56k
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Nike feels squeeze from strong dollar and discounts

The sportswear giant's shares fell by more than 9% in after-hours trading in New York. from BBC News - Business https://ift.tt/SqDNB0M
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Cost of living: Energy bills set to rise but help cushions blow

A two-year government-set cap means price rises taking effect on Saturday are lower than initially expected. from BBC News - Business https://ift.tt/Aq1G2Qv
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Energy price cap: Three things to do before your bills rise

Millions are seeing their energy bills go up, but there are ways to help ease the mounting costs. from BBC News - Business https://ift.tt/3H8ihSO
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Cost of living tips: How to cut energy and heating costs in your home

Consumer Affairs Correspondent Colletta Smith has picked out some of the best ways to cut costs in your home. from BBC News - Business https://ift.tt/ZDSXesq
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King Charles: New coins featuring monarch's portrait unveiled

Centuries of tradition are followed as King Charles faces left - the opposite way to the Queen. from BBC News - Business https://ift.tt/gIp7zoT
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US points finger at Russia over gas pipeline sabotage

US Energy Secretary Jennifer Granholm tells the BBC its unlikely Nord Stream leaks are coincidence. from BBC News - Business https://ift.tt/zUJihBd
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Mini-budget: PM to meet head of OBR following market turmoil

Liz Truss and the Chancellor Kwasi Kwarteng will meet the independent forecaster the OBR on Friday. from BBC News - Business https://ift.tt/3TOeAZ4
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Energy bills: Householders urged to read meters before October price rise

The average annual household energy bill in the UK will rise from £1,971 to £2,500. from BBC News - Business https://ift.tt/vZAmnTr
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Thousands complain to HMRC about tax repayments

The number of people complaining to HMRC about companies claiming tax repayments on their behalf has tripled in two years, a BBC investigation finds. from BBC News - Business https://ift.tt/DjeflZu
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Can my mortgage offer be withdrawn? And other questions

BBC News personal-finance correspondent Kevin Peachey answers your mortgage questions. from BBC News - Business https://ift.tt/2tUneWy
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Rail strikes: Passengers urged not to travel during walkout

Network Rail say just one in 10 services will run and some areas will have no trains on Saturday. from BBC News - Business https://ift.tt/8s6JEDd
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Bank emergency move driven by pension fund fears

The huge tax cutting plans in Friday's mini-budget sparked unprecedented moves in financial markets. from BBC News - Business https://ift.tt/qRfzQG1
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Emergency Bank move will not solve the problem

This is a huge intervention that will buy the government time but not solve its problems. from BBC News - Business https://ift.tt/ImBUQC2
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Mortgage deals withdrawn in record numbers over rate rise fears

The number of mortgage products available has now halved since the start of December. from BBC News - Business https://ift.tt/PgYqaeb
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Cost of living: Margarine prices rise, but blueberries get cheaper

Food inflation soared to its highest rate on record in September, according to an index. from BBC News - Business https://ift.tt/cP6dXYG
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IMF sounds alarm on UK tax cut plans

The UK government proposals will work at "cross purposes" with the cost-of-living fight, the IMF says. from BBC News - Business https://ift.tt/MFdpQZA
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Royal Mail workers to hold 19 days of strike action

It will cover the Christmas build-up, including key shopping days Black Friday and Cyber Monday. from BBC News - Business https://ift.tt/VveaAWX
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Irish budget: Finance minister unveils tax 'giveaways'

Paschal Donohoe says he is in a position to do so because the country has a large budget surplus. from BBC News - Business https://ift.tt/Pi1Sond
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Mortgage rates: 'I was ready to buy a house, now I'm totally lost'

Some economists predict the Bank of England will raise the interest rate to as much as 5.8% by next spring. from BBC News - Business https://ift.tt/WBu5b8p
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Nord Stream: Mystery leaks in Russia gas pipelines spark warnings

The Nord Stream undersea gas network to Europe has sustained "unprecedented" damage in recent days. from BBC News - Business https://ift.tt/oiR86KA
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Cost of living: Millions forced to turn to second jobs, report finds

More than five million people have taken on additional jobs, according to a report by Royal London. from BBC News - Business https://ift.tt/XPfuy73
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Mortgage lenders halt some deals after pound falls

Two lenders, Virgin Money and Skipton, say they will stop mortgage offers to new customers. from BBC News - Business https://ift.tt/fleU7Vy
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Russia's gas pipeline leaking into Baltic Sea - Denmark

Denmark sets up a banned zone near the Bornholm island, where a Nord Stream 2 leak is reported. from BBC News - Business https://ift.tt/68L3BMH
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Bank will 'not hesitate' to raise interest rates after pound's fall

The Bank of England will not hold an emergency meeting to set interest rates after the pound fell. from BBC News - Business https://ift.tt/a0HA7qo
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TikTok may be fined £27m for failing to protect children

The video-sharing platform has been issued with a final notice of intent by the UK's data watchdog. from BBC News - Business https://ift.tt/VvP3ne7
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Doncaster Sheffield Airport to close despite financial lifeline offer

Doncaster Sheffield Airport owner Peel says the wind-down will begin on 31 October. from BBC News - Business https://ift.tt/8VmTxj0
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Aldi boss: Shoppers are switching in their droves

The discounter gains 1.5 million new customers in 12 weeks, says UK chief executive Giles Hurley. from BBC News - Business https://ift.tt/TNcEbjZ
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Labour rival Tories with industry plan for economic growth

The shadow chancellor will pledge to boost UK industry by investing in green energy and technology. from BBC News - Business https://ift.tt/2yxlaJY
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Pound slumps to all-time low against dollar

Sterling plunged by 4% in early Asia trade to the lowest level since decimalisation in 1971. from BBC News - Business https://ift.tt/rdNe1kM
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Electric car charging costs nearing petrol prices for some - RAC

The RAC suggests the soaring cost of charging an electric car could soon put people off buying them. from BBC News - Business https://ift.tt/q2vBd3O
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Keir Starmer: Labour would reverse cut to top income tax rate

Scrapping the 45% rate is the "wrong choice" during a cost-of living crisis, the Labour leader says. from BBC News - Business https://ift.tt/B2ApCvX
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Kwasi Kwarteng: I want to keep cutting taxes

Tax cuts will help to boost growth, says chancellor, as government also looks at relaxing immigration. from BBC News - Business https://ift.tt/CWE42Pj
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Kwasi Kwarteng's tax cuts benefit top 1%, Labour says

The government is taking a dangerous gamble, Angela Rayner says, but ministers argue tax cuts will get the economy growing. from BBC News - Business https://ift.tt/tJUSvMf
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Pound sinks as markets react to mini-budget

UK stocks also fell after the chancellor outlined a series of tax cuts and economic measures. from BBC News - Business https://ift.tt/fTWIZz8
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Income tax to be cut by 1p from April

The basic rate of income tax will fall from 20p to 19p in the pound next year, the chancellor says. from BBC News - Business https://ift.tt/6J1t2oy
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Stamp duty cut in bid to help house buyers

The chancellor says the changes mean 200,000 more house buyers will no longer pay the tax. from BBC News - Business https://ift.tt/4vS9q3Q
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Chancellor Kwasi Kwarteng vows to end 'cycle of stagnation' in mini-budget

Chancellor Kwasi Kwarteng announces the biggest tax cuts since 1988 in a major change of economic policy. from BBC News - Business https://ift.tt/K1TvjYi
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737 MAX: Boeing to pay $200m over charges it misled investors

US regulators said the firm and its former boss misled investors following two fatal crashes. from BBC News - Business https://ift.tt/ThSeBbX
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Bosses think workers do less from home, says Microsoft

A new survey from Microsoft suggests that workers and bosses disagree about productivity. from BBC News - Business https://ift.tt/GDuRZOq
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UK fracking ban lifted, government announces

Scientific review into fracking concludes there is still a limited understanding of impacts. from BBC News - Business https://ift.tt/X6TscZr
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Sri Lanka: Inflation rate jumps to 70.2% in August

The South Asian nation is facing its worst economic crisis since independence from the UK in 1948. from BBC News - Business https://ift.tt/wuAGK2C
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Trumps inflated net worth by billions, says NY state lawsuit

Along with three of his children, the ex-president is accused of lying to "unjustly enrich himself". from BBC News - Business https://ift.tt/s6zimYP
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Universal Credit rules to be tightened under chancellor's plans

Chancellor Kwasi Kwarteng is expected to announce a welfare shake-up to 'get Britain working again'. from BBC News - Business https://ift.tt/8l5vECP
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UK interest rates: Rise expected and what that means for you

The Bank of England will announce its decision later with a seventh consecutive rise expected. from BBC News - Business https://ift.tt/DVpib7n
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Real Living Wage rises to £10.90 an hour

A rate increase for the voluntary scheme has been brought forward due to the rising cost of living. from BBC News - Business https://ift.tt/zpsMdx2
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Plan to lift fracking ban with review of seismic level

A report on the risk of fracking-linked earthquakes is due as ministers seek to boost energy supplies. from BBC News - Business https://ift.tt/Va27uMt
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Ring doorbell inventor shares advice... about advice

Jamie Siminoff, inventor of the Ring wireless doorbell, shares his advice for the CEO Secrets series. from BBC News - Business https://ift.tt/NVqBeyx
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Hundreds of 999 call handlers to join strikes in October

Emergency call centre staff will join 40,000 BT workers walking out in October, their union says. from BBC News - Business https://ift.tt/3XLWzZh
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Germany nationalises gas giant amid energy crisis

The German government is taking a 98.5% stake in Uniper, one of the country's biggest suppliers. from BBC News - Business https://ift.tt/BJm8qHA
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Covid: Reserve Bank of Australia takes $30bn hit on bond purchases

The Reserve Bank of Australia's deputy governor says the loss will not effect its normal operations. from BBC News - Business https://ift.tt/ic1TXMa
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Inflation pushes debt interest payments to new record

Government borrowing reached £11.8bn in August, according to the Office for National Statistics. from BBC News - Business https://ift.tt/CmMopEn
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Recession: Is the US heading into an 'ugly' downturn?

With stocks tanking and grocery bills high, many Americans feel like the economy is in a recession. from BBC News - Business https://ift.tt/Azxb8p4
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Cost of living: Students struggling with impact of soaring prices

One student tells the BBC of the isolating effect of running out of cash while studying at university. from BBC News - Business https://ift.tt/wePxzdi
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Liz Truss defends plan to lift cap on bankers’ bonuses

The prime minister tells the BBC lifting a cap on bonuses is part of a plan to increase growth. from BBC News - Business https://ift.tt/OQJhUau
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Mike Ashley to leave board of Sports Direct group

The billionaire will step down from Frasers Group's board and provide the firm with £100m of funding. from BBC News - Business https://ift.tt/yrQJjFu
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Beyond Meat: Vegan food executive accused of biting man's nose

Beyond Meat's Douglas Ramsey reportedly got into a row after an American football match in Arkansas. from BBC News - Business https://ift.tt/Iz0axRT
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Molly Russell's inquest to put focus on big tech

The teenager's inquest begins today and some see it as test of the power of US tech giants. from BBC News - Business https://ift.tt/tksKC53
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Reliance Industries: Daughter rises in Mukesh Ambani’s succession plan

Isha Ambani has been groomed to join the Reliance empire, unlike other women in her family. from BBC News - Business https://ift.tt/AOBDlhG
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After 'slow start', US companies embrace refugees

As the world's refugee crisis is pushed to the brink, some corporations finally start to respond. from BBC News - Business https://ift.tt/KkQnaAq
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Off-gridders take energy needs into their own hands

Natural disasters have spurred some communities and homeowners to generate their own electricity. from BBC News - Business https://ift.tt/Uh19OFR
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Will Liz Truss's economic plans make us richer?

The chancellor will unveil tax cuts on Friday as part of a bid to boost the UK economy. from BBC News - Business https://ift.tt/iUbpmLr
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Queen's funeral: Mourners face severe rail delays to London and Windsor

No trains are running in or out of London Paddington as mourners descend on London and Windsor. from BBC News - Business https://ift.tt/U4eOg0j
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Porsche IPO: Luxury car maker valued at up to $75bn in share sale

The stock market flotation is set to be Germany's second-largest ever initial public offering. from BBC News - Business https://ift.tt/kmzx8Yy
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eBay bans sale of Queen lying-in-state wristbands

Different coloured bands which mark mourners' place in the queue were being offered as memorabilia. from BBC News - Business https://ift.tt/Aid7WEQ
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Transport bosses warn mourners of London queues

Huge numbers of people are expected to head to London on Monday for the funeral of Queen Elizabeth II. from BBC News - Business https://ift.tt/CnWK7tJ
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