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Showing posts from July, 2022

Rishi Sunak vows to take 4p off income tax

But the ex-chancellor's pledge for the end of the next parliament is criticised as being too slow. from BBC News - Business https://ift.tt/cRjuHwh

Evergrande: Unit ordered to pay $1.1bn over unpaid debt

It came just two days after the crisis-hit firm outlined plans to restructure its overseas liabilities. from BBC News - Business https://ift.tt/nSce3Vk

Ofcom urged to help end broadband loyalty penalty

Many long-standing customers pay more for broadband and mobile contracts than new customers do. from BBC News - Business https://ift.tt/4ojGUin

Starlink: Why is Elon Musk launching thousands of satellites?

The billionaire's SpaceX company hopes to provide an internet service from space. from BBC News - Business https://ift.tt/0JB5vcz

Mortgage affordability test scrapped by Bank of England

Some potential homebuyers may find it easier to get a loan as the central bank eases borrowing rules. from BBC News - Business https://ift.tt/AtU5WwJ

Cost of living: Are you missing out on unclaimed universal credit?

Benefits are a gateway to support but some estimates suggest £15bn still goes unclaimed each year. from BBC News - Business https://ift.tt/mfypWlK

Fuel tax cut in UK among lowest in Europe, RAC says

The motoring group says the UK's fuel duty cut looks "paltry" compared to help given in other countries. from BBC News - Business https://ift.tt/bw4AZ1u

Post Office under pressure over victims' pay-outs

The chair of the Post Office scandal inquiry will issue a report to parliament unless progress is made. from BBC News - Business https://ift.tt/6EWOS5J

Octopus Energy asks government for £1bn to buy Bulb

The firm is seeking the funds, which will be paid back, to take over the collapsed firm. from BBC News - Business https://ift.tt/hwZkJHT

Ukraine grain tycoon killed in Russian shelling of Mykolaiv

One of Ukraine's richest men and his wife died in a heavy bombardment, the authorities said. from BBC News - Business https://ift.tt/nxcCbv3

‘I lost £40,000 worth of crops in a field fire’

People are being urged to take extra care to avoid causing fires in the countryside during hot weather. from BBC News - Business https://ift.tt/tZMEG7B

Train strike set to cause widespread disruption

Birmingham's Commonwealth Games and the kick-off to the football season are among the events affected. from BBC News - Business https://ift.tt/e1IU5JQ

Train strikes: 'I cycled 33 miles to get to a gig'

Many people's travel plans have been disrupted but some aren't willing to let train strikes get in their way. from BBC News - Business https://ift.tt/ivJwdTY

How Singapore is turning multi-storey car parks into farms

The densely populated South East Asian island nation imports more than 90% of the food it consumes. from BBC News - Business https://ift.tt/XBMjeuc

Hershey warns of Halloween treats shortage

Nestle chief executive Michele Buck says the firm "will not be able to fully meet consumer demand". from BBC News - Business https://ift.tt/cXepEQb

Thousands of BT workers walk out in strike over pay

The union has warned people working from home. and broadband roll-out could be affected. from BBC News - Business https://ift.tt/dBwhmTp

Details of £400 energy payment to households revealed

The money will be spread over six months but how it is received depends on how you pay your bills. from BBC News - Business https://ift.tt/A6FBXst

Network Rail starts consultation over job reforms

The move comes as the company and the RMT union can't agree a way forward on pay and jobs. from BBC News - Business https://ift.tt/JRLT8bj

Five money saving ideas for parents over summer

The cost of the school summer holiday is worrying many families struggling with rising prices. from BBC News - Business https://ift.tt/koRPCGO

Apple and Amazon sales up despite rising prices

The companies are closely watched for signs of how people are spending as the economy slows. from BBC News - Business https://ift.tt/gZa59Ul

Lionesses set to make millions from Euro success

Euro victory could give England’s women’s football team a financial boost. from BBC News - Business https://ift.tt/pMLOlSU

Why Premier League teams are flocking back to Asia

Top football clubs have resumed pre-season Asian summer tours, after three years of Covid travel bans. from BBC News - Business https://ift.tt/tj3hGod

US mortgage lender to pay $20m in redlining case

Prosecutors say staff at the company exchanged racist emails and dubbed minority communities "ghetto". from BBC News - Business https://ift.tt/Ci8JZ1w

Britishvolt: Electric car battery plant's funding confirmed

Britishvolt is building a huge factory in Northumberland, which it says will create 3,000 jobs. from BBC News - Business https://ift.tt/8hPc7iv

First ever sales fall for Facebook owner Meta

The owner of Instagram and WhatsApp faces increased competition from the likes of TikTok. from BBC News - Business https://ift.tt/nHEbKar

US makes major interest rate rise to tame soaring prices

The Federal Reserve is increasing interest rates for a fourth time as it tries to control inflation. from BBC News - Business https://ift.tt/26GrvCI

Train strikes: Drivers to walk out over pay on 13 August

Drivers at nine rail companies will walk out again next month, the union Aslef says. from BBC News - Business https://ift.tt/EOn38tc

Gas prices soar as Russia cuts German supply

The Nord Stream 1 pipeline is now operating at just a fifth of its usual capacity. from BBC News - Business https://ift.tt/V6rNmHL

McDonald's puts up price of cheeseburger for first time in 14 years

The fast food firm increases the price for the first time in 14 years due to growing cost pressures. from BBC News - Business https://ift.tt/lZgiHqy

Pause benefit deductions for debt repayment - MPs

Households struggling through the cost-of-living crisis need some breathing space, MPs say in a report. from BBC News - Business https://ift.tt/1EUOwac

Train strikes: Disruption expected with latest rail walkouts

Tens of thousands of rail workers are walking out in a dispute over pay, jobs and terms. from BBC News - Business https://ift.tt/TULmaPp

Vow to tackle long waits to make a complaint

The financial regulator says new rules should tackle some of the biggest frustrations for consumers. from BBC News - Business https://ift.tt/WlsRIet

Heathrow hits back at Ryanair in air travel row

The boss of the UK's largest airport says Ryanair is wrong to blame airports for travel disruption. from BBC News - Business https://ift.tt/hNsgAMd

Ukraine war: Russia waging gas war with Nord Stream 1 cuts - Zelensky

Ukraine's president accuses Moscow of using gas restrictions to inflict misery on ordinary Europeans. from BBC News - Business https://ift.tt/Hl13K0S

Cost of living: Walmart issues profit warning as price rises hit

The US retail giant expects its annual profits to fall by up to 13% as food and fuel prices surge. from BBC News - Business https://ift.tt/lZbQSrX

Amazon Prime subscription price raised by £1 a month

The £1-a-month rise comes after years in which the streaming service paid millions for football rights. from BBC News - Business https://ift.tt/gZNRlfy

Cost-of-living payments branded insufficient as energy bills soar

The Business Committee says payments should reflect higher than anticipated energy bills. from BBC News - Business https://ift.tt/uhP0Dl4

Convenience store spy cameras face legal challenge

Big Brother Watch campaigners says the "Orwellian" cameras at Southern Co-op shops breach people's rights. from BBC News - Business https://ift.tt/T0gdRWX

Elon Musk denies affair with Google co-founder's wife

The technology multi-billionaire's comments came in response to a report in the Wall Street Journal. from BBC News - Business https://ift.tt/PgRY0xa

Evergrande: Crisis-hit property giant faces deadline after bosses quit

The Chinese property firm is expected to deliver a preliminary restructuring plan this week. from BBC News - Business https://ift.tt/ULjQncI

Ukraine war: Russia denies causing global food crisis

Its foreign minister, who is in Egypt, says the West is distorting the truth as the Ukraine war rages. from BBC News - Business https://ift.tt/2EhzbyX

Three questions Liz Truss and Rishi Sunak must answer

The final two candidates for prime minister have some fundamental decisions to make over the economy. from BBC News - Business https://ift.tt/iJb1Ech

Football kit sales delayed as supply chain issues hit clubs

Fewer than half of English clubs have both their home and away kits on sale ahead of the new season. from BBC News - Business https://ift.tt/EWjkOb5

France energy: Air-conditioned shops will be told to shut doors to cut waste

New rules will force shops to keep doors shut when air conditioning is on and limit use of neon signs. from BBC News - Business https://ift.tt/cgkYasU

Dover and Eurotunnel queues: Travellers warned of third day of delays

Families report sleeping in cars overnight on the approach to Eurotunnel, with waits of up to 21 hours. from BBC News - Business https://ift.tt/xo0BYrM

Cost of living: Saving money on our summer holiday

Millions of us are still determined to have a summer getaway but keeping an eye on spending. from BBC News - Business https://ift.tt/kbu3vZ7

Airport workers on travel problems

Pilots, flight attendants and a baggage handler tell us what is happening where they work. from BBC News - Business https://ift.tt/3GsnKv9

Dover traffic: Port declares critical incident over long queues

The weekend is expected to be one of the busiest periods of the year for holidaymakers. from BBC News - Business https://ift.tt/eZN71RU

Port Talbot: Tata steelworks could close without subsidy deal

Tata Group head says if a £1.5bn deal for reducing carbon emissions is not struck sites could close. from BBC News - Business https://ift.tt/nv8GJ21

Cost of living: Families cut back on fuel and clothes as prices rise

Retailers say record price rises are making households concerned over what they can afford. from BBC News - Business https://ift.tt/ZDK8qXE

Snap shares slide as advertising slump hits sales

The California-based company is best known for the photo-sharing app Snapchat. from BBC News - Business https://ift.tt/16yGR2O

Russia 'looting' steel bound for Europe and UK, says Metinvest boss

A Ukrainian steel boss accuses Russia of stealing metal that had been meant for Europe. from BBC News - Business https://ift.tt/gSHx5pf

Ryanair's Michael O'Leary wants 'practical' immigration approach

A "common sense" approach to post-Brexit policy is needed to fill vacancies, says Michael O'Leary. from BBC News - Business https://ift.tt/tv0DAGR

Nord Stream: Key Russian pipeline resumes pumping gas to Europe

There had been fears Moscow would not restart flows in response to sanctions over the Ukraine war. from BBC News - Business https://ift.tt/SHr5MgF

China ride-hailing giant Didi fined $1.2bn after probe

The country's cyber security watchdog launched a probe into the firm just days after its US listing. from BBC News - Business https://ift.tt/waAZWcU

Inflation pushes UK government interest costs to fresh record

Interest payments made on government debt hit the highest level on record in June as inflation surged. from BBC News - Business https://ift.tt/DBtf2JX

Baidu unveils new self-driving taxi in China

Baidu says its latest robo-taxi has the road skills of a driver with 20 years' experience. from BBC News - Business https://ift.tt/jnBdylU

US seizes stolen funds from suspected North Korean hackers

The Department of Justice has already returned ransom payments to two hospitals. from BBC News - Business https://ift.tt/7uvW0LU

Tesla sells most of its Bitcoin holdings

The deal comes as the value of the cryptocurrency has plunged. from BBC News - Business https://ift.tt/sYSNjOL

Government used P&O ferries despite condemning firm

The Ministry of Defence said it used the operator, which ministers criticised for sacking 800 staff. from BBC News - Business https://ift.tt/I3DRg6a

Samsung did not break rules over woman running at 2am advert

People complained that the "irresponsible" smart watch advert encouraged unsafe behaviour. from BBC News - Business https://ift.tt/qEemcdu

Trains cancelled and delayed after heatwave damage

Network Rail said no direct trains are running between London and Scotland as repair work continues. from BBC News - Business https://ift.tt/xRHy67r

Petrol costs push prices up at fastest rate for 40 years

UK inflation, the rate at which prices rise, edged up to 9.4% in the year to June up from 9.1% in May. from BBC News - Business https://ift.tt/a7JqH2X

Luxury brand Manolo Blahnik wins right to use own name in China

The UK-based luxury shoemaker has not operated in the world's second largest economy for over 20 years. from BBC News - Business https://ift.tt/oIiF2yU

Rogers outage: Why a network upgrade pushed millions in Canada offline

A Canadian telecoms giant is under pressure to ensure a network crash felt nationwide doesn't happen again. from BBC News - Business https://ift.tt/U3nkuHx

Why do companies get involved in social issues?

Firms are getting more vocal on social issues but why now and what do customers and employees want? from BBC News - Business https://ift.tt/W4AD3bx

Netflix loses almost a million subscribers

The streaming giant saw subscribers fall by almost 1 million - not as much as feared. from BBC News - Business https://ift.tt/cHziZ0h

Twitter-Musk takeover dispute heading for October trial

Twitter hopes that the trial will end with a court order for Musk to complete a $44bn takeover bid. from BBC News - Business https://ift.tt/j7I45sZ

Amazon targets 10,000 fake review Facebook groups

The groups were offering refunds for products purchased on Amazon once reviews had been posted. from BBC News - Business https://ift.tt/k2O8JAF

Public sector pay: Millions of workers await deal decision

NHS staff, teachers, police and the armed forces are to find out details of this year's wage rise. from BBC News - Business https://ift.tt/cglI2jP

Holiday childcare costs: ‘It’s not worth going to work’

New research finds that holiday childcare costs have risen by 5% in the last year. from BBC News - Business https://ift.tt/6Lf4Qiv

Inflation will be brought under control - Zahawi

The government will deliver "sound public finances", the new chancellor will say in a speech. from BBC News - Business https://ift.tt/sAaDL72

Uber to pay $2.2m to disabled riders over wait fees

The move settles claims that its wait time fees discriminated against passengers with disabilities. from BBC News - Business https://ift.tt/TonwkEX

Cutting UK taxes now would be a mistake, says IMF

Tax cuts could be misguided and might boost inflation by strengthening spending, a top IMF official says. from BBC News - Business https://ift.tt/UQMAtqf

Amazon price matches Tesco as supermarkets fight for customers

The move by the online giant comes as supermarkets battle for shoppers amid the soaring cost of living from BBC News - Business https://ift.tt/3GOZ0Fp

Sri Lanka crisis is a warning to other Asian nations

Rising interest rates are making debt repayment costlier, putting Asian emerging markets at risk of default. from BBC News - Business https://ift.tt/RxcpNhY

UK set to have world's biggest automated drone superhighway

Reading, Cambridge and Rugby are among the places set to be connected by drones. from BBC News - Business https://ift.tt/xqaAVm9

How to find food banks and community shops this summer

Charities are using Google Maps and other social media to alert people to food clubs and community shops. from BBC News - Business https://ift.tt/y8wLpB2

Union calls for heat limit law in workplaces

The GMB says workers need protection as a red warning for extreme heat in parts of England is due to begin. from BBC News - Business https://ift.tt/sJv81no

M&S scraps 'best before' dates on fruit and veg to cut food waste

The High Street giant becomes the latest food retailer to take action to stop food being binned at home. from BBC News - Business https://ift.tt/nz93LcM

Farnborough Airshow: Aerospace deals set to fly

Airbus and Boeing go head to head for deals as sustainability takes centre stage, while defence firms focus on the Ukraine effect. from BBC News - Business https://ift.tt/SeugLHw

Why is everyone going on strike?

Thousands of workers have gone on strike or threatened to this summer, risking widespread disruption. from BBC News - Business https://ift.tt/f8APO4J

Heathrow delays: Emirates agrees to cap summer flights

The airline will limit summer flight ticket sales after criticising the airport for travel delays. from BBC News - Business https://ift.tt/iJPIsv6

UK tech talent shortage threatens to stifle growth in the industry

Despite well-paid jobs, there is not enough talent to fill vacancies, an industry body says. from BBC News - Business https://ift.tt/fVdUgMY

Cost of living: 'I owe my mum £6,000 but I can't stop spending'

One in four are financially stretched but reluctant to curb spending, according to research seen exclusively by the BBC. from BBC News - Business https://ift.tt/JVxsDjk

Central bank boss warns Sri Lanka faces shutdown

Nandalal Weerasinghe says everyone will suffer if no stable government is formed soon. from BBC News - Business https://ift.tt/EJnBOCi

Amazon to create 4,000 new UK jobs

The online retailer is taking on thousands more staff as it continues to expand in the UK. from BBC News - Business https://ift.tt/kogEAZh

Rail workers to strike for another two days in August

Workers at Network Rail and 14 train operators will now strike on 18 and 20 August, as well as 27 July. from BBC News - Business https://ift.tt/LH2XUtO

Uber sued by 550 women over sexual assault claims

The ride-hailing giant said last month that it received 998 reports of sexual assault incidents in 2020. from BBC News - Business https://ift.tt/lpkmvLz

Netflix and Microsoft team up for cheaper plan with adverts

In April, the firm said subscriber numbers had fallen for the first time in more than a decade. from BBC News - Business https://ift.tt/yJBY1Qg

First cost-of-living payments start to arrive in accounts

The first £326 payment will be paid by the end of July, the government has said. from BBC News - Business https://ift.tt/lmqYkGx

Heatwave: When is it too hot to work?

With much of the UK facing a heatwave, when is it too hot to work? from BBC News - Business https://ift.tt/laED8Zq

What are airports doing to avoid summer holiday chaos?

The mammoth effort underway to prepare the aviation sector for 'super peak' getaway period. from BBC News - Business https://ift.tt/jc2JNFK

IMF warns of 'darkening' global economic outlook

The International Monetary Fund hints it will downgrade its expectations for global economic growth. from BBC News - Business https://ift.tt/SZIzsku

UK economy grows more than expected in May

The economy grew by 0.5% in May, higher than many analysts had predicted. from BBC News - Business https://ift.tt/K2XAMC8

Rogers outage: Millions to get credits over internet and mobile blackout

The disruption - which lasted for over 15 hours - affected transport, banking and emergency services. from BBC News - Business https://ift.tt/qK6ypLI

Australia probes retail giants Bunnings and Kmart over customer 'faceprints'

The use of facial recognition technology by two retail giants is unethical, an advocacy group says. from BBC News - Business https://ift.tt/fYzsSLO

Cost of living: Why we've given up our family car for bicycles

One family ditched their car in favour in cycling more than a year ago, and haven't looked back. from BBC News - Business https://ift.tt/L5WYz21

Businesses urge PM candidates to focus on growth and tax

CBI business lobby group calls for "credible and bold plans for growth" in a letter to candidates. from BBC News - Business https://ift.tt/NOuBVq7

Twitter sues Elon Musk over $44bn purchase deal

The social media firm is trying to force Elon Musk to buy it after he walked away from the deal. from BBC News - Business https://ift.tt/mlSkWBC

Retail sales fall at fastest rate since lockdown

The current drop in sales has not been seen "since the depths of the pandemic", a UK retail body says. from BBC News - Business https://ift.tt/6JWbsrU

The soaring costs stretching holidaymakers budgets

Brits heading abroad could face paying more for everything from car hire to meals out from BBC News - Business https://ift.tt/dBKj2Ss

The video game prescribed by doctors to treat ADHD

A US game has got regulatory approval to help treat attention deficit hyperactivity disorder. from BBC News - Business https://ift.tt/b2aVsrf

Ukraine war: Germany fears Russia gas cut may become permanent

Russian pipeline operators say maintenance work is needed, but Germany suspects political motives. from BBC News - Business https://ift.tt/eRBapZh

Henan: Violent clashes after hundreds show up for China bank protest

Clashes break out in China after depositors protest at their banks freezing nearly $6bn in funds. from BBC News - Business https://ift.tt/vnctxU5

Heathrow Airport warns more flight cancellations possible

The airport apologises for recent disruption but says it could still ask airlines to cut more flights. from BBC News - Business https://ift.tt/Xu1hvY9

Macau lockdown: Gambling hub shuts casinos amid Covid outbreak

Macau city has recorded around 1,500 Covid cases since mid-June, official figures show. from BBC News - Business https://ift.tt/z9vJ5ea

Birmingham airport flights delayed longest in 2021

But punctuality improved across all UK airports due to fewer flights caused by Covid restrictions. from BBC News - Business https://ift.tt/X3hu1EH

Tax cut competition could turn ugly

An ageing society and a shrinking workforce could overshadow intended tax policies. from BBC News - Business https://ift.tt/fGqp9Og

Uber Files: Massive leak reveals how top politicians secretly helped Uber

Emmanuel Macron is among leaders who helped the ride-hailing company disrupt new markets. from BBC News - Business https://ift.tt/Ic6l75N

Flights will be more expensive, says IATA's Willie Walsh

Soaring fuel costs will be reflected in airline ticket prices, Willie Walsh warns. from BBC News - Business https://ift.tt/7xDynpL

Tory leadership race: Rivals battle over tax cutting pledges

Tax has emerged as a key battleground in the race to replace Boris Johnson as prime minister. from BBC News - Business https://ift.tt/KPAF6Zd

Sajid Javid and Jeremy Hunt join Conservative Party leadership race

Contenders to replace Boris Johnson begin to set out their stalls - with many pledging lower taxes. from BBC News - Business https://ift.tt/kp2j1HN

Elon Musk ends $44bn bid to buy Twitter

The Tesla chief says he is backing out of the deal, alleging multiple breaches of agreement. from BBC News - Business https://ift.tt/j8vVnlG

The teenagers helping to save - not spend - their parents' money

As families are hit by rapidly rising prices, one group of teenagers is taking budgeting lessons home. from BBC News - Business https://ift.tt/lpmujPA

Who is Rishi Sunak?

The former chancellor has launched a bid to be the next prime minister. from BBC News - Business https://ift.tt/7XTnQ5v

We're not blocking post-Brexit freedoms, says Bank

The Bank of England's insurance market regulator says it wants to free up money and protect savers. from BBC News - Business https://ift.tt/f0wtZhj

Abenomics: How Shinzo Abe aimed to revitalise Japan's economy

Under the "Abenomics" policy, the former prime minister introduced stimulus measures and major reforms. from BBC News - Business https://ift.tt/Z1k8iwu

Petrol pricing is cause for concern, warns watchdog

The UK's competition body is launching an in-depth study of the market with fuel prices at record highs. from BBC News - Business https://ift.tt/F2fopEj

UK government debt on unsustainable path unless taxes hiked, says OBR

Energy prices and an ageing population risk more pressure on the economy, a report warns. from BBC News - Business https://ift.tt/fzmF5jO

Boeing boss warns over risk to 737 Max 10 future

The Max 10 is the latest and largest plane in Boeing's 737 family of jets, which has come under scrutiny. from BBC News - Business https://ift.tt/ut2zDVp

Jet2 says airports ‘woefully ill-prepared’

The airline said holiday disruption across the airline industry was "inexcusable" . from BBC News - Business https://ift.tt/ItZquQv

Hopes that Heathrow BA strike will not go ahead

Unions representing about 700 staff at Heathrow Airport may be close to a new pay deal. from BBC News - Business https://ift.tt/OE3WVgl

Manchester Airports Group posts £320m annual loss

Manchester, London Stansted and East Midlands passenger numbers are still down on pre-Covid levels. from BBC News - Business https://ift.tt/2dzBjnl

House prices defy expectations to hit record

The average house price reached £294,845 in June but Halifax expects growth to slow. from BBC News - Business https://ift.tt/7uJyG1j

Sri Lanka president asks Russia's Vladimir Putin for help to buy fuel

The country says it is close to running out of petrol amid its worst economic crisis since 1948. from BBC News - Business https://ift.tt/m5aV1u0

Most only have £500 of savings says Lloyds boss

Charlie Nunn says many households have little buffer in their accounts for harder times ahead. from BBC News - Business https://ift.tt/2lIjD7a

Bank of England vows to bring down inflation

The bank's chief economist says its focus is getting prices down and making life affordable again. from BBC News - Business https://ift.tt/tp3ZoN4

Most only have £500 of savings says Lloyds boss

Charlie Nunn says many households have little buffer in their accounts for harder times ahead. from BBC News - Business https://ift.tt/2lIjD7a

UK household energy bills to hit £3,000 per year

Energy price rises mean a surge in winter fuel bills are expected. from BBC News - Business https://ift.tt/c2xnf5Q

Two million workers free from National Insurance

Employees can now earn £12,570 a year before paying National Insurance tax, up from £9,880 a year. from BBC News - Business https://ift.tt/t34nSsw

Norway calls off gas strikes that risked UK supply

The Norwegian government has stepped in to stop strikes that threatened to suspend UK gas deliveries. from BBC News - Business https://ift.tt/LV6rYKc

Sainsbury's warns household budgets to get tighter

Pressure on consumer finances is set to increase over the rest of the year, the supermarket says from BBC News - Business https://ift.tt/JvfuIHi

DHL investment plan to create 3,500 jobs

The plans are part of a £190m investment to create and expand depots. from BBC News - Business https://ift.tt/XZ2PewC

Chinese property developers accept farm produce for homes

China's once-booming property market has been hit hard by the country's zero-Covid policies. from BBC News - Business https://ift.tt/08MR1ag

Cost of living: Firms warned consumers want more than low prices

Companies must be transparent and flexible with customers facing budget pressures, an expert warns. from BBC News - Business https://ift.tt/9qSz6m0

Sri Lanka: 'I can’t afford milk for my babies'

As fuel, food and medicines run out, Sri Lanka is on the brink of a humanitarian crisis, the UN warns. from BBC News - Business https://ift.tt/vYKyIcl

Hospices hit by rising costs and falling donations

Hospices across the UK are being squeezed by rising inflation, charities warn. from BBC News - Business https://ift.tt/tA4c3UO

Kellogg's loses court case over sugary cereal supermarket offers

It means products like Crunchy Nut Cornflakes will not be allowed in end of aisle promotions. from BBC News - Business https://ift.tt/9eRN6Gc

Rolls-Royce: Six sites shortlisted for nuclear reactor factory

The plant will help build 16 Small Modular Reactors planned for construction over the next 25 years. from BBC News - Business https://ift.tt/UqdV4wS

Prices in Turkey rise at fastest pace for 24 years

The country's inflation rate hits 78%, as prices continue to spiral further upwards due to the Ukraine war. from BBC News - Business https://ift.tt/6wos7r9

School dinners: Beef off the menu as costs rise

Menus have fewer options and some schools are switching to cheaper meat from abroad, caterers say. from BBC News - Business https://ift.tt/m2pt6FT

Sri Lanka energy minister warns petrol stocks about to run dry

The crisis-hit country's next shipment of petrol is not due to arrive until later this month. from BBC News - Business https://ift.tt/dGNRKkB

Number of pubs falls by 7,000 in a decade

The number of pubs in England and Wales continues to decline, new research suggests. from BBC News - Business https://ift.tt/mVtUHXR

Worse to come for food price rises, warns industry

Shop prices may not hit their peak until next year, says the The Food and Drink Federation. from BBC News - Business https://ift.tt/glX2PDO

Argentina's economy minister makes sudden exit

Martin Guzmán's departure leaves a big question mark over Argentina's future economic policy. from BBC News - Business https://ift.tt/P23ruDh

Fighting for rights for workers undergoing fertility treatment

Proposed legislation would require employers to give staff time off work to attend fertility appointments. from BBC News - Business https://ift.tt/Kw6CcPV

The supermarket rows you don't usually hear about

The spat between Heinz and Tesco has shone a light on the challenges facing suppliers and retailers. from BBC News - Business https://ift.tt/XUS81Ot

Flight cancellations aim to ease summer chaos

BA and Heathrow say the move will help minimise disruption for passengers during the peak season. from BBC News - Business https://ift.tt/DVMvmJw

Missing Cryptoqueen: FBI adds Ruja Ignatova to top ten most wanted

Ruja Ignatova is accused of defrauding victims out of $4bn (£3.2bn) through a cryptocurrency scam. from BBC News - Business https://ift.tt/phxrTHf

Student requests for hardship funding tripled over Covid

The amount of hardship money also doubled last year, Freedom of Information responses suggest. from BBC News - Business https://ift.tt/0s6ujh9