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Showing posts from July, 2023

Barbie movie: Warner Bros Japan sorry for replying to atom bomb memes

The Official Barbie Movie account is criticised for replying to images which made fun of atomic bombs. from BBC News - Business https://ift.tt/fnW0Ejz

Food price inflation slows to lowest level this year

But overall, shop prices are still 7.6% higher this July compared with a year ago. from BBC News - Business https://ift.tt/rjsbyJt

Twitter accused of bullying anti-hate campaigners

A social media monitoring group says legal threats sent by X Corp are an attempt to "silence criticism". from BBC News - Business https://ift.tt/UE9KzJM

The return of cargo-carrying sail ships

As concerns about climate change continue wind-powered shipping is making a comeback. from BBC News - Business https://ift.tt/y5sv2Gk

Renewables, nuclear and fossil fuels: The UK's changing energy mix

To meet climate change targets, more of the UK's energy needs to come from low-carbon sources. from BBC News - Business https://ift.tt/IdXAZLO

Italy joining China's Belt and Road Initiative was atrocious move, defence minister says

Defence Minister Guido Crosetto says the Belt and Road scheme has not benefitted his country. from BBC News - Business https://ift.tt/WOaJDCf

Rishi Sunak to set out energy security plans in Scotland

The prime minister is expected to announce millions of pounds of funding for a carbon capture project. from BBC News - Business https://ift.tt/TJnvoxH

Do you need a degree to work in tech?

Big tech firms like IBM are no longer asking for degrees when hiring staff. from BBC News - Business https://ift.tt/1tM7yVm

Nigel Farage launches website over de-banking 'scandal'

It comes after two banking bosses quit over the row about the closure of Mr Farage's Coutts account. from BBC News - Business https://ift.tt/kF3u0On

Twitter restores Kanye West's account after ban

The US rapper was accused of violating the rules on the social media platform now known as X. from BBC News - Business https://ift.tt/HM8Tqkz

HS2: Rail link rated 'unachievable' by infrastructure watchdog

The IPA gave the project a "red" warning, raising issues related to budgets and schedules. from BBC News - Business https://ift.tt/gr6xwk5

Energy security: Rishi Sunak to meet leaders over energy security plans

The prime minister is facing calls from some Conservative MPs to rethink certain green policies. from BBC News - Business https://ift.tt/BSycPWE

'The cost of living started my shoplifting': Why stealing goods is on the rise

With shoplifting on the rise, we speak to some people about why they do it and others about their experiences facing it. from BBC News - Business https://ift.tt/0N5h9k7

WeChat: Why does Elon Musk want X to emulate China's everything-app?

Musk is an admirer of Chinese mega-app WeChat, which combines messaging, social media, finances, dating, and more. from BBC News - Business https://ift.tt/7eMZ0tn

Royal Mail: Three days left to use non-barcoded stamps

People will not be able to use standard stamps without a barcode after Monday 31 July, says Royal Mail. from BBC News - Business https://ift.tt/tDEuUA6

NatWest row: Not helpful if chairman quits over Nigel Farage, says minister

Andrew Griffith's comments come after PM Rishi Sunak refused to back Sir Howard Davies. from BBC News - Business https://ift.tt/hFXonRd

London mayor Sadiq hails Ulez expansion ruling by High Court

Five Conservative-led councils fail to overturn Sadiq Khan's decision to expand the scheme. from BBC News - Business https://ift.tt/7IwouJz

British Airways owner IAG sees record profits as air travel recovers

Airline group IAG reports bumper profits helped by higher fares and a rebound in leisure travel. from BBC News - Business https://ift.tt/OAP6n7B

NatWest profits soar to £3.6bn after week of resignations

The bank reports strong results after the exit of its chief executive and the boss of Coutts. from BBC News - Business https://ift.tt/7xo58Jy

Disabled flyers angry at airline 'double charging'

Many carriers do not follow official guidance on reduced prices for care assistants, the BBC finds. from BBC News - Business https://ift.tt/BcdJqOi

Netflix touts $900k AI jobs amid Hollywood strikes

The job posting amid a strike partly driven by AI fears triggers an angry reaction from actors. from BBC News - Business https://ift.tt/tAwmHUb

Tupperware: Why have the troubled firm's shares surged?

The 77-year-old company warned in April that it could go bust unless it quickly raised new financing. from BBC News - Business https://ift.tt/EkOYsKA

Google: Don't trust what our chatbot Bard tells you

The firm says users should check the accuracy of answers Bard provides with its traditional search engine. from BBC News - Business https://ift.tt/noGzWUy

Hollywood writers fear losing work to AI

US movie and TV writers have been on strike since May with artificial intelligence a core issue. from BBC News - Business https://ift.tt/wC149NM

Less food for families on summer-holiday support

Rising prices drive down the value of summer-holiday help for pupils on free school meals. from BBC News - Business https://ift.tt/fOgZkzS

E-bike battery fires spark call to regulate like fireworks

A charity says batteries for e-bikes should require third-party approval before being sold in the UK. from BBC News - Business https://ift.tt/INCMFeD

Barbie: Toy maker Mattel looks to more movies as sales fall

The comments come as Mattel reported a 12% fall in sales for the three months to the end of June. from BBC News - Business https://ift.tt/xVgchZp

Excitement over Threads fades but users return to app

Facebook founder Mark Zuckerberg expresses pride in the launch of his new social media app. from BBC News - Business https://ift.tt/WcnElY0

Joe Lewis: UK tycoon bailed in US fraud case but can't use superyacht

A $300m bond for Tottenham Hotspur tycoon Joe Lewis is secured by his luxury boat and private jets. from BBC News - Business https://ift.tt/abuVUh9

Rail ticket office mass closure consultation extended

There will be least another month to respond to plans to close hundreds of rail ticket offices, the BBC understands from BBC News - Business https://ift.tt/lzGea0I

NatWest boss Dame Alison Rose to step down after row over Nigel Farage account

The bank's chief executive is to quit after coming under pressure in row over Nigel Farage account. from BBC News - Business https://ift.tt/B95pcfP

Renting reforms needed now not later, say charities

A group of charities wants the government to speed up plans to overhaul private renting in England. from BBC News - Business https://ift.tt/FAs9JMb

Travel recovery to boost global economy, says IMF

World economy expected to grow 3% this year but inflation and interest rates pose risk, says IMF. from BBC News - Business https://ift.tt/UK6rVuz

NatWest CEO Dame Alison Rose facing government pressure to resign

Dame Alison Rose admitted a "serious error" in talking about Nigel Farage's relationship with its private banking arm Coutts. from BBC News - Business https://ift.tt/cQNZJ7b

Petrol and diesel car ban immovable, says Michael Gove

The government is facing calls from senior Tories to ditch what they see as unpopular green policies. from BBC News - Business https://ift.tt/2dWJgEp

Marmite maker Unilever's sales soar after hiking prices

The consumer goods giant reports growth based almost entirely on lifting its prices. from BBC News - Business https://ift.tt/edCW8yF

Worldcoin: Sam Altman launches eyeball scanning crypto coin

Thousands of people scan their irises on first official launch day of "dystopian" crypto project. from BBC News - Business https://ift.tt/rUuk13W

Spotify raises premium subscription price for millions

For the first time since 2011, Spotify confirms a price hike for about 200m ad-free subscribers. from BBC News - Business https://ift.tt/y1GtVUu

UK venture capital firms failing to invest in women and minorities, say MPs

The venture capital industry comes under fire from MPs over lack of diversity in investments. from BBC News - Business https://ift.tt/WtMl04k

'I feel manipulated’: The 'debt help' ads targeting struggling mums​​

Social media posts are targeting people in problem debt with a product that could leave them worse off. from BBC News - Business https://ift.tt/2fK9wjs

'Quickie' divorces and will writing to be investigated

The UK's competition watchdog is to investigate unregulated legal services following consumer complaints. from BBC News - Business https://ift.tt/kslyiaq

Greece fires: What are holidaymakers' rights?

Some airlines are continuing to fly to the islands but can you cancel your flight and get a refund? from BBC News - Business https://ift.tt/3ZItBez

Barbie breaks box office records in US

Barbie has the year's most successful opening weekend for a film in the US and Canada, making $155m. from BBC News - Business https://ift.tt/Xxm6swS

Elon Musk: Time to say goodbye to Twitter logo

The Twitter owner says he wants to replace the logo with an "X". from BBC News - Business https://ift.tt/LNcfdzM

Unilever will let Russia employees be conscripted

The Cornetto maker says it will comply with Russian law to permit staff to be conscripted. from BBC News - Business https://ift.tt/mwn9ahA

Treasury to meet bank bosses over Farage row

Minister calls meeting with 19 banks over concerns accounts are closed due to political views. from BBC News - Business https://ift.tt/nTQSJ4M

UK inflation and interest rates high - how do other economies compare?

UK inflation and interest rates are high but if you include growth, jobs and taxes its a mixed picture. from BBC News - Business https://ift.tt/Zx3GEht

Merthyr Tydfil: Ffos-y-Fran mine accused of licence breach

Ffos-y-Fran produces two-thirds of the UK's coal and was supposed to close in September. from BBC News - Business https://ift.tt/6ZAHwyp

More children can use passport e-gates after UK rule change

The expansion of the service is expected to benefit over 400,000 children this year. from BBC News - Business https://ift.tt/cVdpXlb

What does the scrapping of a wind farm plan mean for UK renewable energy?

Vattenfall stops work on the Norfolk Boreas offshore wind farm over soaring costs. from BBC News - Business https://ift.tt/Ni0huL1

Why McDonald's dropped tomatoes from Indian menus

A kilo of tomatoes now costs more than a litre of petrol in the country. Here's why. from BBC News - Business https://ift.tt/MV2Ppeu

McDonald's sets up investigation unit after abuse claims

The fast-food chain's UK boss said allegations uncovered by the BBC are "shocking". from BBC News - Business https://ift.tt/Bgh9k4c

Government borrowing falls to £18.5bn in June

Public finances are boosted by tax receipts and lower interest payments but figures remain high. from BBC News - Business https://ift.tt/ES41Zi2

TSMC: Chip giant delays Arizona production in blow to Biden

Taiwan-based TSMC says semiconductors manufacturing at its Arizona plant will no longer begin in 2024. from BBC News - Business https://ift.tt/lk25OYq

Brazil's Embraer plans to build electric flying taxi factory near Sao Paolo

Embraer says it will build electric aircraft with hopes they will take flight from 2026. from BBC News - Business https://ift.tt/ufHaeWw

Alison Rose: The bank boss caught up in the Nigel Farage row

The NatWest Group chief executive in the eye of the storm over Nigel Farage's personal bank accounts. from BBC News - Business https://ift.tt/vDwGUKq

Netflix ends password sharing in 'big market' India

Only users from a single household will be able to use an account, the streaming giant has said. from BBC News - Business https://ift.tt/QIGRokK

AI: Workers need more protection - TUC union

The warning comes as Octopus Energy's boss says customers prefer emails written by AI over humans. from BBC News - Business https://ift.tt/9W7ek3T

Rail ticket office closure plan gets 100,000 replies

RMT members at 14 train companies will walk out on Thursday, while train drivers in the Aslef union continue an overtime ban. from BBC News - Business https://ift.tt/4LQSk60

Artificial intelligence: Experts propose guidelines for safe systems

A new voluntary framework has the backing of hundreds of experts around the world. from BBC News - Business https://ift.tt/QJ9xmXR

Fast grocery firms doomed by French dark store ban

Hampered by hostile new regulations, firms that promised instant grocery deliveries are leaving France. from BBC News - Business https://ift.tt/zVBfq54

UK set to amend encrypted message scanning plans

Proposed new privacy safeguard for planned powers to scan encrypted messages for child abuse images. from BBC News - Business https://ift.tt/SiuyRro

Rents rise at fastest rate for eight years

Costs for tenants have jumped again but house prices grew more slowly in May, figures show. from BBC News - Business https://ift.tt/TKI5OxS

Facebook-owner Meta exec Nick Clegg claims AI 'quite stupid'

Meta's president of global affairs Sir Nick Clegg has downplayed the risks of the current technology. from BBC News - Business https://ift.tt/7poIyhd

UK inflation falls to lowest level in more than a year

The rate of price rises in the UK fell to 7.9% in June, down from 8.7% the previous month. from BBC News - Business https://ift.tt/0mZVNGS

Russia: Chechen agriculture minister to run seized Danone unit

Yakub Zakriev is a deputy prime minister and the agriculture minister of the Russian republic of Chechnya. from BBC News - Business https://ift.tt/i6Iuh0b

Why some celebrities are embracing Artificial Intelligence deepfakes

Concerns over the impact of AI are partly behind the first Hollywood actors' strike in 43 years. from BBC News - Business https://ift.tt/qnLNjbZ

Nigel Farage: Coutts document 'shows bank account shut over my views'

Nigel Farage says he obtained a copy of a report by the bank's wealth reputational risk committee. from BBC News - Business https://ift.tt/PU0k7Af

McDonald's abuse: MeToo hasn’t helped these teenage workers

Six years on from the Weinstein scandal, McDonald's workers say they face a hostile environment. from BBC News - Business https://ift.tt/rLkZIEz

Evergrande: Crisis-hit Chinese property giant reveals $81bn loss

The embattled Chinese property giant has reported its long overdue earnings for 2021 and 2022. from BBC News - Business https://ift.tt/3gqF19P

AI in dance music: What do DJs and producers think of it?

With software getting better and venues cutting budgets, could AI replace DJs and producers? from BBC News - Business https://ift.tt/QSWOjVk

Burnt out or jobless - meet China's 'full-time children'

Gruelling work hours and a dismal job market are forcing young Chinese to make unusual choices. from BBC News - Business https://ift.tt/NEWhdTI

Warning summer childcare nearly £1,000 per child

A British family will pay on average £943 for six weeks of holiday childcare for a school-age child, a charity has found. from BBC News - Business https://ift.tt/hOzWjFK

Swatch sues Malaysia over Pride watch seizures

The move comes after officials impounded 172 watches worth £10,700 from its rainbow-coloured Pride collection. from BBC News - Business https://ift.tt/XGbRNc3

Is the worst over for Sri Lanka's economic crisis?

A year after the start of the crisis, life looks normal in Colombo but is the country out of the woods? from BBC News - Business https://ift.tt/Mp6RPX7

How brands hope to tempt you with videos on labels

Companies are using augmented reality labels on their products to share videos and animations. from BBC News - Business https://ift.tt/bsWNIMH

Shell plans to demolish landmark former Aberdeen headquarters

The energy giant was based at the landmark Aberdeen site from 1973 but moved to the city centre. from BBC News - Business https://ift.tt/T4MyAhx

Water firm lost £17m due to extreme weather

South East Water says it has lost about £17m in the year to the end of March due to extreme weather. from BBC News - Business https://ift.tt/9LBjqnJ

Carbon-free flights promised 'within two years'

A company is testing an aircraft engine that emits no CO2, and says it will be commercially available in 2025. from BBC News - Business https://ift.tt/37tkCXr

Russia seizes control of Danone and Carlsberg operations

Under a new order, the Danone and Carslberg units have been put in "temporary management" of the state. from BBC News - Business https://ift.tt/ICm4DoZ

Nigeria's so-called tax collectors: Menacing and mafia-like

The tax system is opaque - and abused, with politicians and private citizens lining their pockets. from BBC News - Business https://ift.tt/Taw2MWR

Fuel retailers urged to back government price sharing scheme

The energy secretary is asking supermarkets and petrol stations to publish prices to aid competition. from BBC News - Business https://ift.tt/VO6RkFD

Train strikes: When are they and why are they taking place?

Aslef train drivers are refusing to work overtime, while members of the RMT will walk out later this week. from BBC News - Business https://ift.tt/tLBwoIz

Twitter loses nearly half ad revenue since Musk takeover

Elon Musk confirms the firm has a heavy debt load and income in June was not what had been expected. from BBC News - Business https://ift.tt/1sXf4nq

Call of Duty battle over after Sony deal with Microsoft

Sony agrees deal with tech giant to keep franchise on PlayStation as Activision buyout moves step closer. from BBC News - Business https://ift.tt/9YlkZPr

CPTPP trade deal will benefit UK if we use it, says Kemi Badenoch

The business secretary's comments come as she signs off a new deal with 11 Asia and Pacific nations. from BBC News - Business https://ift.tt/iUSPn3E

CPTPP: UK agrees to join Asia's trade club but what is it?

It may sound like an official has leant on their keyboard - but it's an acronym we'll hear more often. from BBC News - Business https://ift.tt/NoQ2KUc

Mortgage rates: Six reasons why the pain isn't as bad as it could be

Mortgage rates are at a 15-year high, but there are reasons why the pain may not be as bad as it could be. from BBC News - Business https://ift.tt/L43FaMm

Why McDonald's dropped tomatoes from Indian menus

A kilo of tomatoes now costs more than a litre of petrol in the country. Here's why. from BBC News - Business https://ift.tt/0gZGeIV

Extra energy bill scheme was 'staggering failure', says MP

The scheme to help people who missed out on last winter's energy subsidy should be reopened, a senior MP says. from BBC News - Business https://ift.tt/fjBcWlo

Renters stretched most by cost of living pressures

People who rent are finding it hardest to cover housing costs and may be spending less on food. from BBC News - Business https://ift.tt/0HKWgEj

Shops asked to halt mafia-themed Scotch whisky orders

Regulators find that a Polish firm's "Cosa Nostra" Scotch whisky product "glamorises" firearms. from BBC News - Business https://ift.tt/52mYXi1

Gatwick Airport to be hit by eight days of strikes over summer holidays

Nearly a thousand workers are set to walk out for eights days in July and August in a row over pay. from BBC News - Business https://ift.tt/mOdL7ts

SAG strike: Hollywood actors walk out over pay and AI worries

Some 160,000 performers stop work, bringing most US film and TV productions to a halt. from BBC News - Business https://ift.tt/k0Lv7M3

Fresh boost for Microsoft bid to buy Call of Duty maker

A US watchdog has lost its latest bid to temporarily stop the technology giant's $69bn Activision takeover. from BBC News - Business https://ift.tt/kHsYRbm

Australia names first woman to lead central bank

Michele Bullock will succeed Philip Lowe, who has led the Reserve Bank of Australia for seven years. from BBC News - Business https://ift.tt/0N5aAfx

The firms giving nature a stake in their businesses

Some companies are giving shares to environmental groups, or putting such advocates on their board. from BBC News - Business https://ift.tt/2sPGi7j

ChatGPT owner in probe over risks around false answers

US regulators are asking the maker of ChatGPT about protections for privacy and reputational risk. from BBC News - Business https://ift.tt/ZEwjWcG

Mortgage rates: 'I have £50,000 but can't buy a house'

Young people say buying feels hopeless and feel penalised as renters unable to save. from BBC News - Business https://ift.tt/eL2ycDV

GST: India's online game tax could kill a booming industry

The industry says it has been blindsided by the government's "catastrophic" tax decision. from BBC News - Business https://ift.tt/ISZYGLw

Elon Musk accused of owing £385m in Twitter redundancies

Elon Musk accused of failing to pay $500m in Twitter severance pay. from BBC News - Business https://ift.tt/fh1L7Gi

Elon Musk announces new AI start-up

The new entity is called xAI, and employs several engineers that have worked at companies like OpenAI and Google. from BBC News - Business https://ift.tt/ZfaeHT1

Thames Water: nationalisation is not the way forward says new chairman

The firm's new chairman pledges to improve performance while Ofwat warns of "deep-rooted" issues. from BBC News - Business https://ift.tt/yHVZwg6

UK banks can withstand fresh crisis, key test finds

Bank of England says lenders are resilient but rising interest rates are weighing on homes and firms. from BBC News - Business https://ift.tt/Opnf4jv

Organised shoplifting on the rise, says Waitrose

The supermarket reports a hike in cases, with an MP saying gangs are "operating with impunity". from BBC News - Business https://ift.tt/vZ7oTFJ

India CEO criticised for picking AI bot over human staff

Suumit Shah, founder of an e-commerce website, said that his firm had laid off 90% of its support staff. from BBC News - Business https://ift.tt/bBt751U

Threads: The BBC drama which affected a generation of viewers

Threads is a social media app for some and a nightmarish BBC movie from 1984 for others. from BBC News - Business https://ift.tt/6NenEjS

Canada probes Nike, Dynasty Gold over alleged use of Uyghur forced labour

Its ethics watchdog is also investigating a gold company over use of forced labour in China operations. from BBC News - Business https://ift.tt/zf5T8yV

Sunak: No decision yet on public sector pay rises

The prime minister says he would make the "responsible" decision to keep inflation under control. from BBC News - Business https://ift.tt/VckmXaK

Bank of America accused of opening credit cards without customer consent

Bank of America is ordered to pay $150m after an investigation by US regulators. from BBC News - Business https://ift.tt/5LPxEcj

Record wage growth fuels fresh inflation fears

Regular pay excluding bonuses grew at an annual pace of 7.3%, equalling the highest growth rate. from BBC News - Business https://ift.tt/SuqKBEt

China top threat to UK economic security - Dowden

The government intervened in eight takeovers of UK firms by Chinese buyers last year, figures show from BBC News - Business https://ift.tt/EHakbyN

Foxconn: Apple supplier drops out of $20bn India factory plan

Some analysts say Foxconn's decision marks a setback to the country's technology industry ambitions. from BBC News - Business https://ift.tt/uXn5Yqw

Chancellor to unveil pension fund reform aimed at boosting growth

Jeremy Hunt will announce plans for industry and to grow the economy at Mansion House on Monday night. from BBC News - Business https://ift.tt/h4IO9vm

Threads app signs up 100m users in less than a week

Meta's rival to Twitter has surpassed a record set by Open AI's ChatGPT app since its launch. from BBC News - Business https://ift.tt/PpWISei

Easyjet cancels 1700 flights from July to September

The airline axes flights to and from Gatwick airport as schools head towards the summer break. from BBC News - Business https://ift.tt/2GHKDTb

Long Covid forces Harpenden businessman into early retirement

Prolonged brain fog means Marcus Whitehead has had to retire early from his high-powered city job. from BBC News - Business https://ift.tt/cfFVOBa

Thames Water investors agree to 750m injection

The water company, which is struggling under huge debts, is facing the threat of nationalisation. from BBC News - Business https://ift.tt/aQqYMtF

Prime: Top US senator calls for probe into KSI and Logan Paul energy drink

Chuck Schumer alleges the drink is being marketed to children despite its high caffeine content. from BBC News - Business https://ift.tt/drPnusp

The rush for nickel: 'They are destroying our future'

Campaigners in the world’s largest nickel producer, Indonesia, warn mining is threatening their way of life. from BBC News - Business https://ift.tt/QLMASs8

Hospitality sector 'anxious' over summer staffing

Some fear they will have to close or offer a reduced service when they should be at their busiest. from BBC News - Business https://ift.tt/B4npbXY

Minister refuses to commit to following pay board advice

Review bodies are advising the government on pay rises for public sector workers such as doctors. from BBC News - Business https://ift.tt/mc4xoer

Ofwat complacent over Thames Water affair - MP

A committee of MPs will quiz the watchdog on Wednesday over whether it has been "asleep at the wheel". from BBC News - Business https://ift.tt/BwnIyk1

Ford Fiesta fans on why they love their cars

As Ford announces the end of the Fiesta, keen fans sing its praises and mourn its loss. from BBC News - Business https://ift.tt/Thw86Ht

Families of Boeing 737 Max crash victims seek unlawful killing verdict

An inquest will be held for three UK passengers who died when a Boeing 737 Max airliner crashed in Ethiopia. from BBC News - Business https://ift.tt/K0nR1m3

China hits Jack Ma's Ant Group with nearly $1bn fine

After the fine, authorities signalled an end to a crackdown on tech firms. from BBC News - Business https://ift.tt/dLVRYM3

Southern Water bosses decline bonuses after sewage discharge anger

Bosses of Southern Water are refusing their bonuses amid anger over discharges into the sea. from BBC News - Business https://ift.tt/hPn4WOv

House prices drop for third month in a row says Halifax

Halifax says figures for June show prices edged down by 0.1% as the market continues to cool. from BBC News - Business https://ift.tt/EKnbVhW

HS2: Government unclear on Euston station goal report finds

In March it was announced that work on the new Euston station would be paused for two years. from BBC News - Business https://ift.tt/60Ox2Qp

Californian winemakers are learning firefighting techniques

Winemakers in the Napa Valley are having to battle wildfires affecting vineyards and wineries. from BBC News - Business https://ift.tt/4CU8rha

Currys boss: Smart speaker sales have fallen off a cliff

Sales of appliances and electronics drop as customers struggle with cost of living, retailer says. from BBC News - Business https://ift.tt/KmZ1lHF

Cost of living: Governor of the Bank of England Andrew Bailey talks about inflation interest rates and how it impacts young people

Governor of the Bank of England, Andrew Bailey talks to Newsround about inflation, interest rates and their impact on young people - and what he's doing about it. from BBC News - Business https://ift.tt/BVy6jnH

NatWest Lloyds Barclays and HSBC to be quizzed over savings rates concerns

The regulator will question the bosses of the major UK banks over worries rates on savings are too low. from BBC News - Business https://ift.tt/9ZRwOkc

Gary Neville admits error in 400m Manchester development

The £400m St Michael's scheme in Manchester city centre includes a five-star hotel and luxury flats. from BBC News - Business https://ift.tt/2vQMBrZ

Chinese owner of iconic MG car brand to build Europe plant

MG, which has roots dating back over a century, was made in the UK until production moved to China in 2016. from BBC News - Business https://ift.tt/L9HX7ak

Bank account closures probe must be fast tracked says minister

Treasury urges action after Nigel Farage complains his account is being closed because he is a politician. from BBC News - Business https://ift.tt/pLezh5X

Leicester City facing 880k fine for fixing replica kit prices

Regulators say the club's "anti-competitive" conduct may have led to fans paying higher prices. from BBC News - Business https://ift.tt/RBaYEUX

Thames Water customers will not pay more if firm collapses

The boss of regulator Ofwat says customers will not face higher bills due to Thames going bust. from BBC News - Business https://ift.tt/YZwS3po

US officials must limit contact with social media firms

A judge bars officials from contacting platforms over "content containing protected free speech". from BBC News - Business https://ift.tt/fIrdHMD

Music producer smashed his platinum discs - then rebuilt them

Record producer and label owner Sir Robin Millar talks about losing his sight and finding great music. from BBC News - Business https://ift.tt/xM4bQ2R

E2E encryption: Should big tech be able to read people's messages?

Who will win in the years-long stalemate between governments and big tech around super-secure messaging? from BBC News - Business https://ift.tt/C1HQWDE

China curbs exports of key computer chip materials

Washington and Beijing have been battling for influence over the semiconductor industry. from BBC News - Business https://ift.tt/s6pZtYk

Facebook owner Meta to launch Twitter rival on Thursday

The move is the latest in a rivalry between Meta boss Mark Zuckerberg and Twitter owner Elon Musk. from BBC News - Business https://ift.tt/wkBqNXs

Why Europe's 'lonely' tech entrepreneurs need help

A group of experienced European tech leaders hopes to mentor a new generation of entrepreneurs. from BBC News - Business https://ift.tt/LEFpd4j

Why has Twitter restricted its own tweets?

Elon Musk has restricted the number of tweets you can see - a strange move for a social media company. from BBC News - Business https://ift.tt/1cxV0AW

New Aslef overtime ban to cause further train disruption

Aslef drivers will refuse to work overtime for another six days, in addition to the current industrial action. from BBC News - Business https://ift.tt/ilOJ0qA

Wimbledon: Richard Curtis calls on championships to end Barclays sponsorship

Film director Richard Curtis says the bank is "financing and profiting from climate chaos". from BBC News - Business https://ift.tt/JUArab4

Karnataka High Court's Twitter verdict sparks debate on free speech

A court has fined Twitter $61,000 for not complying with a government order to take down tweets. from BBC News - Business https://ift.tt/GoLchUe

Elon Musk: Tesla delivers record number of cars after price cuts

The electric car maker has lowered prices of vehicles in countries including the US, UK and China. from BBC News - Business https://ift.tt/cMBiZmC

Shipping faces showdown over greenhouse gasses

Global maritime industry faces a major decision on curbing carbon as pressure grows for a net-zero target. from BBC News - Business https://ift.tt/laVCtzu

Energy prices might spike this winter - IEA boss

Governments may need to step in again and subsidise energy bills this winter says IEA boss. from BBC News - Business https://ift.tt/XbnOIcu

Twitter temporarily restricts tweets users can see Elon Musk announces

Elon Musk says verified accounts can read up to 10,000 posts a day while unverified ones are limited to 1,000. from BBC News - Business https://ift.tt/W9dV8v3

Water cremation: Co-op Funeralcare to be first UK company to offer resomation

The process, used in the US and Canada, will be available later this year through Co-op Funeralcare. from BBC News - Business https://ift.tt/A23k0tu

Big Thames Water investor backs turnaround plans

One of the UK's largest pension funds is the first investor to come out and support Thames Water. from BBC News - Business https://ift.tt/LTECql4

Rail disruption warning due to six-day train drivers' overtime ban

Passengers are being advised to check services before they travel over the next few days. from BBC News - Business https://ift.tt/NwQbd7n

Shell still trading Russian gas despite pledge to stop

The firm is still shipping gas from Siberia despite its promise to withdraw from the Russian energy market. from BBC News - Business https://ift.tt/4L2RIpF

Hundreds of jobs at risk at Boots site in Nottingham

Owner Fareva says the effects of political unrest and Covid has had a negative impact on business. from BBC News - Business https://ift.tt/UFCoJOV

No free lunch for nationalisation of water firm says Lord Howard

Lord Howard led the privatisation of the UK's water industry more than 30 years ago. from BBC News - Business https://ift.tt/B6JbrgH