Posts

Showing posts from August, 2022

Solar panel sales boom as energy bills soar

More people are turning to renewable energy as a way to cut energy costs. from BBC News - Business https://ift.tt/mKnXRIV

What will happen to energy bills and mortgages? Upcoming dates to be aware of

Dates to look out for over the next few months that might have an impact on your finances. from BBC News - Business https://ift.tt/Q9WwMRE

US chip makers hit by new China export rule

Nvidia says two of its top computing chips were affected by a "new license requirement" for exporting to China. from BBC News - Business https://ift.tt/JxK1gqa

Ovo Energy boss proposes plan to stave off household bill crisis

Steven Fitzpatrick has sent the government a 10-point plan to cut energy bills based on earnings. from BBC News - Business https://ift.tt/9PD1pv6

Train drivers to strike again on 15 September

Thousands of drivers will walk out as part of an ongoing dispute over pay. from BBC News - Business https://ift.tt/wDNpBzT

Co-op sells petrol stations to Asda in £600m deal

The company says the sale of its forecourts will help it balance its books and expand its chain. from BBC News - Business https://ift.tt/Ct8fRX6

Trump's Truth Social barred from Google Play

Google says Truth Social violates the company's policies on prohibiting incitement to violence from BBC News - Business https://ift.tt/HIjCf9T

Royal Caribbean partners with SpaceX for faster internet

Royal Caribbean says it will use SpaceX's Starlink internet system for its entire fleet. from BBC News - Business https://ift.tt/UyjnEQe

Royal Mail staff go on strike again over pay row

The strikes will disrupt delivery of packages and letters, and further strikes are planned for September. from BBC News - Business https://ift.tt/vXc9ylZ

Laybuy to share details of buy now, pay later debt

The buy now, pay later provide will share information with credit reference agency Experian. from BBC News - Business https://ift.tt/SsbOZcv

Persil advert banned for misleading green claims

A advert for Persil laundry detergent has been banned for "unsubstantiated" eco claims. from BBC News - Business https://ift.tt/9mDCAUV

Cost of living: Chancellor Nadhim Zahawi visits US for talks

Labour has criticised Nadhim Zahawi's trip, calling it "another junket at the taxpayers' expense". from BBC News - Business https://ift.tt/qgirGvy

Pakistan floods: Disaster to cost more than $10bn, minister says

Unprecedented floods have killed more than 1,100 people and washed away roads, crops, homes and bridges. from BBC News - Business https://ift.tt/x1oc8yG

Undeclared pools in France uncovered by AI technology

Millions in tax revenue has been collected after more than 20,000 undeclared pools were found. from BBC News - Business https://ift.tt/kKMgciN

Energy bill support plea from brewers and pubs

Pub and brewery bosses warn they risk closure this winter as they struggle to cope with soaring bills. from BBC News - Business https://ift.tt/JlInbY0

UK looks to Sweden for a solution to nuclear waste

After decades of experimentation Sweden is ahead of the UK when dealing with nuclear waste. from BBC News - Business https://ift.tt/xV59iCT

US shares fall on threat of interest rate rises

Federal Reserve chairman Jerome Powell warned of further interest rate rises to calm inflation. from BBC News - Business https://ift.tt/9OkSvGY

Felixstowe port strike: Union warns of further action

An eight-day strike at the UK's busiest container port ends with no movement on a 7% pay offer. from BBC News - Business https://ift.tt/mOcBRHh

Energy bills could break firms, warns ex-chancellor

Alistair Darling says the new prime minister must quickly take "bold action" to help with soaring costs. from BBC News - Business https://ift.tt/iwdKDkz

EU faces awful winters without gas cap - minister

Calls mount for an EU-wide cap on the price of gas and its decoupling from electricity. from BBC News - Business https://ift.tt/3BcXSDm

Asia stock markets slide on interest rate concerns

It comes after Jerome Powell, the head of the US Federal Reserve, warned of more hikes to come. from BBC News - Business https://ift.tt/3GCdHBY

Store closures at lowest level for seven years

Betting shops and banks are in decline but the restaurant sector is growing, new data suggests. from BBC News - Business https://ift.tt/JfAsF7N

UK's biggest unions propose co-ordinated strikes this autumn

The UK's largest unions, Unite and Unison, call for a joined-up approach as they fight for better pay deals. from BBC News - Business https://ift.tt/9MCgQ1Z

Solar panel sales boom as energy bills soar

More people are turning to renewable energy as a way to cut energy costs. from BBC News - Business https://ift.tt/Z2qojJP

Energy bills: Middle earners will need help with rising prices too, says chancellor

Even people on incomes of £45,000 are likely to need help with rising energy prices, Nadhim Zahawi says. from BBC News - Business https://ift.tt/WI1Tfsb

Drop-off fees hiked at most busy airports - RAC

The motoring group says it appears airports are trying to recoup pandemic losses. from BBC News - Business https://ift.tt/EB81o3v

Jerome Powell: US stock markets down after interest rate warning

Federal Reserve chairman Jerome Powell says further interest rate hikes are likely in coming months. from BBC News - Business https://ift.tt/qx9kSdZ

CEO Secrets: Mopping the floor and a lesson in feedback

Steve Vamos of accounting software firm Xero shares his business advice for the CEO Secrets series. from BBC News - Business https://ift.tt/fTW72gu

Direct sales: 'My dream job turned into a nightmare'

A BBC investigation reveals tough working conditions and the potential exploitation of young sales agents. from BBC News - Business https://ift.tt/W01woGF

What to do with clothes you no longer wear

New services offer convenient tailoring and repurposing of clothes in a bid to make them last longer. from BBC News - Business https://ift.tt/F1KyUg4

Greece promotes smaller islands in post-Covid tourism push

Greece promotes its lesser-known holiday destinations, but do locals embrace the trend? from BBC News - Business https://ift.tt/SNythXf

Port of Felixstowe strike will cost us a stack of money - haulier

Companies talk of how they expect the eight-day strike at the Port of Felixstowe to affect them. from BBC News - Business https://ift.tt/fRSIbq8

Can a sleepy Japanese town become Asia's Silicon Valley?

A school for tech entrepreneurs will open its doors in April 2023 in the Tokushima town of Kamiyama. from BBC News - Business https://ift.tt/zcgRs0l

Millions prepare for huge rise in energy bills

Regulator Ofgem will soon announce a new price cap, adding hundreds of pounds to bills from October. from BBC News - Business https://ift.tt/AgE6Xt8

Kids told to wear extra layers to cut energy bills

One nursery is telling children to bundle up to keep heating down as firms call for state help. from BBC News - Business https://ift.tt/17ErY4D

Lidl to sell misshapen drought-affected vegetables

The supermarket says produce such as potatoes, onions and apples will "look and feel different". from BBC News - Business https://ift.tt/4iBZWzx

What will happen to energy bills and mortgages? Upcoming dates to be aware of

Dates to look out for over the next few months that might have an impact on your finances. from BBC News - Business https://ift.tt/2nCONTe

Would industry plan to slash energy bills work?

Energy suppliers are in agreement about a potential plan to cap energy bills, but doubts remain. from BBC News - Business https://ift.tt/pB0tvXi

British Gas to donate 10% of profits to help cut bills

Britain's biggest energy supplier will offer more grants for those in need, amid rising prices. from BBC News - Business https://ift.tt/b9SP1kG

Just Stop Oil protests: Activists arrested over M25 services damage

Petrol pumps are out of action after activists glued themselves to forecourts and damaged pumps. from BBC News - Business https://ift.tt/UH2ClEm

Minimum wage should rise to £15 for all workers, says TUC

The Trades Union Congress says this higher rate should be paid to all workers, including under-23s. from BBC News - Business https://ift.tt/h6iB1m8

Eurotunnel Le Shuttle: Passengers stuck for hours inside tunnel

"Several people were freaking out," said one traveller, after a Calais to Folkestone train was evacuated. from BBC News - Business https://ift.tt/VBNb6d3

India tycoon Adani in hostile bid for news channel NDTV

Gautam Adani's move has drawn attention because he is seen as being close to PM Modi. from BBC News - Business https://ift.tt/7ksoCKR

Inflation: Who is benefitting from soaring prices?

Many households are feeling the pinch of higher prices, but which sectors are benefitting from them? from BBC News - Business https://ift.tt/hv9cmby

Three million households waiting for £150 energy rebate

Councils were expected to start making the payments from April but have until 30 September to do so. from BBC News - Business https://ift.tt/ekwL1oA

Twitter whistleblower questions firm's bot count

Ex-security chief appears to echo claims by Elon Musk over the number of fake accounts on its site. from BBC News - Business https://ift.tt/8oyM7dV

Gatwick flights cancelled at short notice due to staff sickness

Some 26 EasyJet flights have been cancelled in and out of the London airport due to staff sickness. from BBC News - Business https://ift.tt/7oJEqGk

Bangladesh cuts school and office hours to save power

The country started daily two-hour power cuts last month after the Ukraine war drove up energy prices. from BBC News - Business https://ift.tt/0RfQ4aq

Usain Bolt moves to trademark signature victory pose

The retired sprinter still holds the 100m and 200m world records, making him the fastest man in history. from BBC News - Business https://ift.tt/iVsmqgT

Elon Musk subpoenas Jack Dorsey ahead of Twitter court battle

The billionaire has subpoenaed Twitter's co-founder in hope it will help him end his deal to buy the site. from BBC News - Business https://ift.tt/ICv3H2e

Direct sales: 'My dream job turned into a nightmare'

A BBC investigation reveals tough working conditions and the potential exploitation of young sales agents. from BBC News - Business https://ift.tt/hLqcwY7

Disabled to get cost of living £150 from September

Up to six million people with extra costs will receive the additional cash sum, amid rising prices. from BBC News - Business https://ift.tt/ya7Az0U

Energy crisis: UK expands gas emergency exercise ahead of winter

Energy experts warn of supply risks this winter - but ministers insist there will be no blackouts. from BBC News - Business https://ift.tt/Sfr806K

When is the second cost-of-living payment and £400 energy rebate?

More payments to help with the cost of living will be paid later in the year as bills soar. from BBC News - Business https://ift.tt/vdhBPT4

PwC sued by worker over 'pub golf' head injury

An auditor at one of the UK's largest accountancy firms claims a drinking game left him injured. from BBC News - Business https://ift.tt/6KFGjhs

Iconic Shanghai sights go dark as drought hits power supply

Power cuts elsewhere in China have also hit major manufacturers of cars and smartphones. from BBC News - Business https://ift.tt/uilI3oA

Sizewell C: Boris Johnson backs Suffolk nuclear power plant funding

The Sizewell C plant is expected to cost £20bn and could provide the UK with 7% of its electricity. from BBC News - Business https://ift.tt/2EXpy3x

Felixstowe: Strike continues at UK's biggest container port

A second day of strike action is under way at the Port of Felixstowe. from BBC News - Business https://ift.tt/jYUcw6E

Tory leadership: Sunak attacks Truss plans in last push for votes

The ex-chancellor says his rival cannot afford direct help to households as well as tax cuts. from BBC News - Business https://ift.tt/vu95BEF

China cuts lending rates as property market struggles

The country's central bank lowered the five-year mortgage rate by 1.5 percentage points on Monday. from BBC News - Business https://ift.tt/rdCU9in

Do new school uniform rules save parents money?

Schools now have to take unnecessary logos off uniforms, but so far not all parents are benefitting. from BBC News - Business https://ift.tt/0mYJnzk

Plans to cut energy bills if peak-time use avoided

How homes can get discounts if they use less electricity at peak times are close to being announced. from BBC News - Business https://ift.tt/esRBhY4

Felixstowe: Strike set to begin at UK's biggest container port

Workers will walk out at the Port of Felixstowe which handles almost half of the UK container cargo. from BBC News - Business https://ift.tt/Lz36MnK

Over-50s turn to house-shares to beat rising rents

One flat-sharing website says it has seen a 239% increase in older people seeking shared accommodation. from BBC News - Business https://ift.tt/Kn3dVrQ

Is there a green solution to the vinyl record backlog?

Green Vinyl Records is taking the vinyl out of vinyl to offer more environmentally-friendly LPs. from BBC News - Business https://ift.tt/F8EeuAm

P&O Ferries won't face criminal action over mass sacking of staff

The Insolvency Service said there was no likely prospect of conviction, but a civil investigation is ongoing. from BBC News - Business https://ift.tt/pzKHP9U

Rail strikes: Only 20% of rail services expected to run

The sixth one-day strike of the summer will see football fans and festival-goers make other travel plans. from BBC News - Business https://ift.tt/HcBkMlx

Cost-of-renting: Young, struggling and short of cash

We hear from young people finding it hard to afford their rent, as well as a landlord facing rising costs. from BBC News - Business https://ift.tt/fSpJC63

Buy now, pay later: Warning over influencers' adverts on social media

Financial regulator says some adverts posted by influencers fail to highlight risks of borrowing. from BBC News - Business https://ift.tt/C7SIHrM

Consumer confidence hits record low as prices soar

Shoppers concerns come in the face of "soaring cost-of-living and bleak economic prospects", says research. from BBC News - Business https://ift.tt/dmoaiQh

Growing share of under-30s pay unaffordable rent

The proportion of under-30s spending a third of their pay on rent is at a five-year high, data suggests. from BBC News - Business https://ift.tt/OIsYQBW

Why more people are working from home on Fridays

While there are benefits to ending the week at home, Friday after work drinks could be fizzling out. from BBC News - Business https://ift.tt/FZgPEli

Experts warn no easy answers to how safe self-driving cars should be

A government expert body advising on the ethics of driverless cars warns of many tricky problems. from BBC News - Business https://ift.tt/1NoBuv3

Starbucks ordered to reinstate fired Memphis staff

The decision comes amid a tense fight between Starbucks and labour organisers. from BBC News - Business https://ift.tt/Qvf32la

US and Taiwan announce formal bilateral trade talks

The talks come weeks after a controversial visit to Taiwan by US House Speaker Nancy Pelosi. from BBC News - Business https://ift.tt/AOmY9iy

Japan urges its young people to drink more to boost economy

The government's tax agency has launched a programme to encourage a new generation of sake drinkers. from BBC News - Business https://ift.tt/73HrPpQ

Train strikes cause more disruption for passengers

Only 20% of services are running and some places have no trains at all, as workers walk out. from BBC News - Business https://ift.tt/qK7wf15

Tory leadership race: Tax cut pledges are unrealistic, says IFS

Slashing taxes would add to pressures on public finances unless spending is also cut, the IFS warns. from BBC News - Business https://ift.tt/iNYsLq9

Drought: Why we need to get used to wonky vegetables

Our produce is likely to be smaller, odd-looking, or even leathery after the hot, dry weather. from BBC News - Business https://ift.tt/s7CQABY

Cash use set to survive pandemic slump

Although cards remain a far more popular way to pay, cash is a preferred option for many, a report says. from BBC News - Business https://ift.tt/cPe60br

Ofgem director Christine Farnish resigns

The director of Ofgem, the UK's energy watchdog, has quit amidst surging energy prices in the UK. from BBC News - Business https://ift.tt/i2NfSOc

UK inflation hits 10.1% as cost of living soars

Rising living costs are eating into household budgets, with prices accelerating faster than wages. from BBC News - Business https://ift.tt/z6hZN01

Economic slowdown: China urges push to boost sluggish economy

Premiere Li Keqiang called for a 'sense of urgency' to reverse a zero-Covid led slump. from BBC News - Business https://ift.tt/OtxADRy

Young watch almost seven times less TV than over-65s - Ofcom

The average 16 to 24-year-old watches TV for 53 minutes a day compared with nearly six hours for over-65s. from BBC News - Business https://ift.tt/6tONrXV

Backing for Adam Neumann's new firm prompts outrage

Adam Neumann's financial backers say he's a "visionary leader" but others have doubts over his latest plans. from BBC News - Business https://ift.tt/mUXIFn9

Inflation: Why price rises may feel even worse than they are

Your own personal inflation rate could be higher than official figures suggest. from BBC News - Business https://ift.tt/3CdKc4y

UK to receive shipment of Australian gas next week

As Europe looks for alternatives to Russian energy, the UK is set to get an LNG delivery from Australia. from BBC News - Business https://ift.tt/E58C46h

UK wages fall at record rate as prices soar

Regular pay between April and June fell 3% on the year when taking into account inflation. from BBC News - Business https://ift.tt/IMsTlpD

Chinese internet giants hand algorithm data to government

Alibaba and Tiktok-owner ByteDance are among firms that have shared information with regulators. from BBC News - Business https://ift.tt/Ju2hnOU

Blackmore Bond collapse: FCA failed to act before people lost life savings

BBC Panorama reveals evidence suggesting the FCA could have acted earlier before a fund collapsed. from BBC News - Business https://ift.tt/9r7aFZX

Shanghai Covid: Ikea shoppers flee attempt to lock down store

Video shows people running out of the store in Xuhui district as guards tried to shut them in. from BBC News - Business https://ift.tt/3mEyPaf

UK to cut taxes on imports from developing countries

The scheme means products such as clothes, shoes and foods will benefit from lower or zero tariffs. from BBC News - Business https://ift.tt/ia2lp96

Cost of living: Government to simplify broadband access

The government says new system will give those receiving benefits better access to cheaper broadband. from BBC News - Business https://ift.tt/hd7VM5p

Workers going into office just 1.5 days a week, survey suggests

This compares to an average of 3.8 days a week pre-pandemic, research by a consultancy finds. from BBC News - Business https://ift.tt/lDb3zk0

The tech aiming to prevent lost airline luggage

With millions of bags and suitcases going missing this summer, technology may offer the solution. from BBC News - Business https://ift.tt/tfVOZPX

Rail fares in England to rise below inflation rate, ministers say

The increase will also begin in March, rather than January, the government says. from BBC News - Business https://ift.tt/1HbL6Ww

Cost of living: Keir Starmer set to call for energy price cap freeze

The Labour leader will set out his plan on Monday - with no detail yet on how the freeze would be funded. from BBC News - Business https://ift.tt/tdhyEVD

Reduced Avanti West Coast timetable in place due to staff shortages

Operator Avanti West Coast says it is being introduced "to ensure a reliable service". from BBC News - Business https://ift.tt/8vd4qy9

Saudi Aramco: Oil giant tops own record with $48.4bn quarterly profit

The staggering profit comes amid soaring oil prices in the aftermath of Russia's invasion of Ukraine. from BBC News - Business https://ift.tt/QjizEPf

Train strikes: Passengers warned of more disruption as drivers walk out

Some rail operators will run no services at all, as 6,500 train drivers walk out in a dispute over pay. from BBC News - Business https://ift.tt/ecB9Hlg

Meditation app Calm axes 20% of workforce

Boss Daniel Ko said the decision was "especially difficult for a company like ours". from BBC News - Business https://ift.tt/NiTKhru

UK economy shrinks between April and June

The economy contracted by 0.1% in the second quarter of the year, official figures show. from BBC News - Business https://ift.tt/ON2tVxL

Liz Truss defends energy firms saying profit is not evil

The Tory leader hopeful says profit is not "dirty" and windfall taxes were about "bashing business". from BBC News - Business https://ift.tt/1NUhrYV

Government proposes more help for energy-intensive firms

Sectors like steel, paper and glass that use a lot of power could be set to receive more support. from BBC News - Business https://ift.tt/V8Fpicf

Argentina rate hiked to 69.5% as inflation hits 20-year high

The move comes as figures showed inflation in South America's second largest economy hit a 20-year high. from BBC News - Business https://ift.tt/utXHkQr

Lee Jae-yong: Why South Korea just pardoned the Samsung 'prince'

Lee Jae-yong, who was convicted for bribery and embezzlement, has been granted a presidential pardon. from BBC News - Business https://ift.tt/xvXA8i3

J&J to replace talc-based powder with cornstarch after cancer lawsuits

By 2023 J&J will make all its baby powder using cornstarch following legal battles over talc's safety. from BBC News - Business https://ift.tt/TCxLMqy

Bogus companies scam: 'We never knew our home was on the list'

Thousands of UK home addresses have been used by crime gangs to register bogus firms, the BBC finds. from BBC News - Business https://ift.tt/dZC136D

Ryanair boss O'Leary says the era of €10 flights is over

Flights will be more expensive because war in Ukraine has pushed up oil prices, Michael O'Leary tells the BBC. from BBC News - Business https://ift.tt/RDOZhGg

Meta's chatbot says the company 'exploits people'

The new prototype doesn't think much of the company's CEO, Mark Zuckerberg, either. from BBC News - Business https://ift.tt/ei7aJLO

The Russian billionaire daring to speak out about Putin

Boris Mints calls Putin's invasion of Ukraine "vile", adding the war is a result of his "madness". from BBC News - Business https://ift.tt/95mGTSR

Heatwave: When is it too hot to work?

With much of the UK enduring another period of hot weather, some workers will face very high temperatures. from BBC News - Business https://ift.tt/yU94r7X

Disney plans ad-funded streaming and overtakes Netflix

The media giant is gaining subscribers as it details plans to launch an ad-supported service in December. from BBC News - Business https://ift.tt/pAXLBuR

Qantas asks executives to work as baggage handlers for three months

The airline's head of operations has asked for 100 volunteers to fill the roles for three months. from BBC News - Business https://ift.tt/7eFtwkq

JetBlue airline boss over-hiring to beat staff exodus

Low-fare carrier JetBlue said it is a necessary policy when recruiting, as the industry re-starts. from BBC News - Business https://ift.tt/2ry43Mo

Port Talbot: Tata Steel faces crunch-time, professor warns

There are fears the Port Talbot site may shut if a deal to help cut carbon emissions is not struck. from BBC News - Business https://ift.tt/ai8cNwn

Multi-billionaire Elon Musk sells another $6.9bn of Tesla shares

The multi-billionaire says he needs the money in case he is forced to buy Twitter for $44bn. from BBC News - Business https://ift.tt/cr7LynI

Fast food giant Domino's pulls out of the birthplace of pizza

The fast food giant's pandemic-related exit from Italy was celebrated by some social media users. from BBC News - Business https://ift.tt/bAkQYLd

Ministers to meet energy giants over cost of living

Nadhim Zahawi and Kwasi Kwarteng will speak to bosses of gas and electricity firms to discuss rising costs. from BBC News - Business https://ift.tt/A7Bop38

Households already in debt as energy bills rise

Six million UK households owe over £200 to energy suppliers, according to a survey. from BBC News - Business https://ift.tt/wa4v7YR

China property crisis: Why homeowners stopped paying their mortgages

The country's property sector is struggling with a cash crunch, forcing buyers to take extreme steps. from BBC News - Business https://ift.tt/3YgRKB7

Warning energy prices to hit over £4,200 in January

Consultancy Cornwall Insight now forecasts a typical household will pay £4,266 a year for energy, from BBC News - Business https://ift.tt/EiGuyvX

Cost of living: The people using OnlyFans as a second job to help with bills

A campaign group says more young people are joining the site because of the rising cost of living. from BBC News - Business https://ift.tt/SZUD7vi

John Lewis boss: I've never seen the economy like this

Dame Sharon White says worker shortages will fuel inflation further with more people retiring early. from BBC News - Business https://ift.tt/hJ01ac3

Supermarket food could soon carry eco-labels - study

Scientists hope that a scoring system will lead manufacturers to compete over sustainability. from BBC News - Business https://ift.tt/ocGkXUb

Olive oil prices to rise as heatwave hits production

Prices in supermarkets could increase by 20-25% later this year, one leading exporter tells the BBC. from BBC News - Business https://ift.tt/eQHFndU

China housing crisis: The people living in unfinished apartments

China’s massive economy is being threatened by a crisis in the real estate market. As developers spiral into debt, some people have decided to move into unfinished apartments. from BBC News - Business https://ift.tt/8ZR9qUd

Boris Johnson rules out immediate cost-of-living measures

It comes as business boss Tony Danker warns the UK cannot "afford a summer of government inactivity". from BBC News - Business https://ift.tt/PsXuwKD

Qantas asks executives to work as baggage handlers for three months

The airline's head of operations has asked for 100 volunteers to fill the roles for three months. from BBC News - Business https://ift.tt/1QtWsqx

Jaguar Land Rover owner Tata Motors to buy Ford car plant in India

The American motor industry giant announced last year that it would close its Indian car factories. from BBC News - Business https://ift.tt/4wlb12I

JetBlue Airline boss over-hiring to beat staff exodus

Low-fare carrier JetBlue said it is a necessary policy when recruiting, as the industry re-starts. from BBC News - Business https://ift.tt/CrN4qYQ

The lockdown side-hustles that turned into full-time businesses

The pandemic turned some people into savvy entrepreneurs but how many have ditched their day job? from BBC News - Business https://ift.tt/vjUcBON

Cost of living: People turning back to cash as prices rise

Post Offices handled a record £801m in personal cash withdrawals in July. from BBC News - Business https://ift.tt/eiXL0z9

Climate change: Tears of joy as US bill clears Senate hurdle

The plans - which aim to reduce US carbon emissions by 40% by 2030 - still needs House approval. from BBC News - Business https://ift.tt/syLuIcd

Liz Truss will seek to bring in National Insurance cut immediately

The Tory leadership contender's team believe the move could happen within days if she became PM. from BBC News - Business https://ift.tt/gjyndUT

Energy bills: What do I do if I can't pay?

Charities warn against not paying for energy bills as a campaign to refuse to pay builds. from BBC News - Business https://ift.tt/qvZH80p

Is there anything green about plastic grass?

More people are swapping real lawns for fake but experts are worried about its environmental impact. from BBC News - Business https://ift.tt/MyjoD64

Port Talbot: Tata Steel faces crunch-time, professor warns

There are fears the Port Talbot site may shut if a deal to help cut carbon emissions is not struck. from BBC News - Business https://ift.tt/oVLTj7k

Bank's recession warning matters to everyone

Times are already hard but the Bank of England says they'll get worse and stay that way until late 2021. from BBC News - Business https://ift.tt/9xJ7FCZ

How will a recession hit the UK housing market?

The UK economy is forecast to shrink this year but what will it mean for first-time home buyers? from BBC News - Business https://ift.tt/UKcpDiu

US jobs growth jumps in July despite slowdown fears

Firms added far more jobs than expected last month as interest rates rise to tackle inflation. from BBC News - Business https://ift.tt/MlRrC79

Bank of England governor warns of soaring prices becoming 'embedded'

Bank of England governor Andrew Bailey defends decision to raise interest rates by the most in 27 years. from BBC News - Business https://ift.tt/HDp0YJj

Evergrande gets $818m as football stadium land deal cancelled

The announcement comes as the heavily-indebted Chinese property firm tries to raise cash to repay debt. from BBC News - Business https://ift.tt/QzJSgkr

UK hiring slowing down as recession looms

The recruitment blitz that followed the pandemic is cooling, according to a jobs report. from BBC News - Business https://ift.tt/U4clOAa

AMTD Digital: How a small Hong Kong firm's shares soared

The meteoric rise of AMTD Digital's shares has been likened to the so-called "meme stock" phenomenon. from BBC News - Business https://ift.tt/wJuHWjG

Interest rates: What are they and how high could they go?

The Bank of England will announce its latest decision on interest rates at midday. from BBC News - Business https://ift.tt/CFLloXQ

Booking.com scam: Tourists descend on north London private home

A woman says she feels vulnerable after dozens of tourists arrived at her private home throughout July. from BBC News - Business https://ift.tt/3nwmb6G

'If interest rates go up I'll owe an extra £250 a month on my loans'

Four people anticipating a change in their circumstances ahead of the expected rise in interest rates. from BBC News - Business https://ift.tt/vHS3tlM

Ukraine war: UN chief Guterres slams oil and gas firms' 'grotesque greed'

UN Secretary General Antonio Guterres says it is "immoral" to profit from the energy crisis. from BBC News - Business https://ift.tt/sKUQIj3

Cost of living: Small garages want petrol prices cut at chains

Independent fuel sellers say supermarkets are not reflecting wholesale costs at the pump. from BBC News - Business https://ift.tt/NJUoquw

Robinhood cuts nearly a quarter of staff as crypto dives

The trading platform, which is popular with amateur investors, reported a large drop in revenues. from BBC News - Business https://ift.tt/Es0GP3b

Airbnb bookings hit record high as travel recovers

Rising prices did not deter travellers, the lodging website said. from BBC News - Business https://ift.tt/zj5cg0r

Uber attracts record number of drivers as cost of living bites

The ride-hailing app had been facing a driver shortage, leading to long waiting times for customers. from BBC News - Business https://ift.tt/xbaH0ey

House prices climb 11% despite cost of living squeeze

But the Nationwide says there are signs of a slowdown and interest rate rises could cool the market. from BBC News - Business https://ift.tt/s3M5rmX

BP reports huge profits as energy bills soar

The firm reported profits of $8.45bn in the second quarter of the year as oil and gas prices jumped. from BBC News - Business https://ift.tt/uNYPnwO

Cost of living: Energy bills forecast to hit £3,615 a year

Many families are already facing soaring costs, with UK inflation at the highest in 40 years. from BBC News - Business https://ift.tt/qiQH37A

Ambani and Adani: Asia's richest men battle to dominate 5G in India

Mukesh Ambani and Gautam Adani are set to compete in the world's second-largest internet market. from BBC News - Business https://ift.tt/UxY82Ru

What could Saudi Arabia and UAE do to help lower oil prices?

The world's biggest oil producers remain reluctant to turn on the taps. from BBC News - Business https://ift.tt/28JmYIk

BA suspends sales of short-haul tickets from Heathrow

The airline suspends sales for a week in response to the airport's cap on passenger numbers. from BBC News - Business https://ift.tt/uopbiDh