The investors that caused GameStop to surge are now turning their attention to silver.
from BBC News - Business https://ift.tt/2MdHi...
Sunday, January 31, 2021
Business leaders call for a post-Covid economic roadmap
The CBI employers' group tells the government a post-Covid economic strategy will unlock investment.
from BBC News - Business https://ift.tt/3pALW...
Brexit: How much disruption has there been so far?
It has been a month since the rules changed in the UK's relationship with the EU.
from BBC News - Business https://ift.tt/3aj1u...
Impostor syndrome: 'I feel like I don't deserve my success'
An influencer and a corporate professional from India share their experiences of impostor syndrome.
from BBC News - Business https://ift.tt/39BlL...
Cardboard shortage forces retailers to box clever
From wine merchants to supermarkets, firms are having to find ways round a shortage of cardboard packaging.
from BBC News - Business https://ift.tt/2NJSv...
Accountants warned over fraud expectations
Should auditors be expected to spot companies, such as BHS and Wirecard - at risk of collapse through fraud?
from BBC News - Business https://ift.tt/36sd9...
Saturday, January 30, 2021
'I was scammed out of £17,000 on Instagram'
Since the pandemic hit the UK, reports of investment scams targeting Instagram users have risen 50%.
from BBC News - Business https://ift.tt/3j0BY...
Budget 2021: What is it and when will it happen?
The Budget - when is it, what does it do and what should we expect to hear from the chancellor?
from BBC News - Business https://ift.tt/36rYC...
UK applying to join Asia-Pacific free trade pact CPTPP
If successful, Britain will join a club including Japan and Australia and covering 500m people.
from BBC News - Business https://ift.tt/3tbAT...
UK wants to join the club - but what is the CPTPP?
It may sound like an official has lent on their keyboard - but it's an acronym we'll hear more often.
from BBC News - Business https://ift.tt/2L4jw...
Covid: EU 'made a mistake' over vaccines, Gove says
The Cabinet Office minister says he is "confident" the UK can continue with its planned jabs rollout.
from BBC News - Business https://ift.tt/2Ytlt...
Post-Brexit taxes for steel 'very damaging', says Kinnock
Stephen Kinnock MP says the UK's steel industry needs state aid and new export quotas with the EU.
from BBC News - Business https://ift.tt/39yaL...
GameStop and AMC: UK trading platform IG stops new trades
The move by one of the UK's biggest trading companies comes amid a price war between amateurs and pros.
from BBC News - Business https://ift.tt/36qIM...
Friday, January 29, 2021
GameStop: Who is winning the market battle?
Novice investors are trying to beat Wall Street professionals at their own game.
from BBC News - Business https://ift.tt/3taZT...
Working from bed: 'I don't even have to get dressed'
A lot of us are tempted to spend January in bed but some people have turned it into their office.
from BBC News - Business https://ift.tt/2YFwc...
Satellite boom attracts technology giants
Tech giants promise faster, wider access to data thanks to cheaper satellite launches.
from BBC News - Business https://ift.tt/3t4Tz...
Brexit: EU introduces controls on vaccines to NI
Northern Ireland First Minister Arlene Foster describes the move as "an incredible act of hostility".
from BBC News - Business https://ift.tt/2MdAO...
Covid: EU-AstraZeneca disputed vaccine contract made public
The European Commission argues the drug-maker is failing to fulfil its promises on the Covid jab.
from BBC News - Business https://ift.tt/3t4sc...
Stocks explained: What's going on with GameStop?
Chris Fox explains stocks, short-selling and what has been happening with GameStop shares.
from BBC News - Business https://ift.tt/3r5Ij...
GameStop: City watchdog fires warning as trading frenzy spreads
The UK's Financial Conduct Authority says it is monitoring share trading and potential market abuse.
from BBC News - Business https://ift.tt/2MiSl...
Pub chain Marston's shares jump on takeover news
A US private equity firm has made an "unsolicited" offer to buy the British pub giant.
from BBC News - Business https://ift.tt/2Myeu...
Financial Ombudsman 'must sharpen up' amid rising cases
A backlog of cases brings criticism from MPs, but the service's boss says it has coped well.
from BBC News - Business https://ift.tt/3t7rL...
Boohoo looks to buy Dorothy Perkins and Wallis brands
The online fashion retailer would take on the brands but not the shops from failed High Street retailer Arcadia.
from BBC News - Business https://ift.tt/3ouir...
Asian investors inspired by GameStop surge
Malaysia's Top Glove shares are among those to have seen a big spike in activity from private investors.
from BBC News - Business https://ift.tt/2Mufh...
Thursday, January 28, 2021
Can striking oil turn Cambodia's economy around?
The country's first oil project has finally started pumping the black gold after 15 years of false starts.
from BBC News - Business https://ift.tt/3asKo...
Ford to start building electric Mustangs in China
The US carmaker wants to compete with the likes of Tesla and other Chinese electric carmakers.
from BBC News - Business https://ift.tt/36ph6...
GameStop: Meet the amateur traders fighting Wall Street
They're young, they're financially savvy and they're angry at being shut out of GameStop share trading.
from BBC News - Business https://ift.tt/2YlKT...
Klarna: 'I got a £30 bill - but I've never used it'
There are concerns that fraudsters are signing up for buy now, pay later services in others' names.
from BBC News - Business https://ift.tt/3clCH...
The pilots forced to change career completely
With airlines grounded due to Covid, we speak to three former pilots who have left the industry.
from BBC News - Business https://ift.tt/2YiXC...
EU opens competition investigation into Cadbury owner
Brussels regulators are concerned that Mondelez fixed prices in EU countries.
from BBC News - Business https://ift.tt/3rdd9...
Cladding crisis: 'I was a first-time buyer at 27, and bankrupt at 28'
How the cladding crisis forced a first-time home buyer into bankruptcy within a year.
from BBC News - Business https://ift.tt/2Mz6g...
GameStop: What is it and why is it trending?
Don't worry, you don't need to be a financial genius to get this classic David and Goliath tale.
from BBC News - Business https://ift.tt/2Nz6T...
Employment rights review scrapped by business secretary
Business Secretary Kwasi Kwarteng says a post-Brexit review of workers' rights will not go ahead.
from BBC News - Business https://ift.tt/3a8Lr...
US economic decline not as bad as feared
The US economy shrank by 3.5% in 2020 in the sharpest decline since the 1940s, the US Commerce Department said.
from BBC News - Business https://ift.tt/3afVN...
Paperchase rescue safeguards 1,000 jobs
The stationery chain is bought out of administration in a deal rescuing up to 90 of its 127 stores.
from BBC News - Business https://ift.tt/2NIUv...
Car insurance cover extended during lockdown
The extension covers drivers who are having to use their car to get to work owing to Covid restrictions.
from BBC News - Business https://ift.tt/3pru4...
Like a good deal? Maybe a hagglebot can help
Artificial intelligence is getting better at negotiating and research promises systems that could help you.
from BBC News - Business https://ift.tt/3a2QZ...
Wednesday, January 27, 2021
'Bad words' lead to GameStop shares plunging
Private investors using online chatrooms have led to a trading frenzy in some unexpected shares.
from BBC News - Business https://ift.tt/3chpS...
Coronavirus: EU and AstraZeneca seek to resolve vaccine supply crisis
Both sides pledge to work together after a reported 50 million-dose shortfall for the 27-member EU.
from BBC News - Business https://ift.tt/2Mate...
British energy firm threatens to seize India government assets
Cairn Energy could take planes and ships from the Indian government after winning a $1.2bn legal dispute.
from BBC News - Business https://ift.tt/3olng...
UK car production tumbles to 'worst in a generation'
Output tumbled almost 30% last year as Covid forced factory closures and a fall in consumer demand.
from BBC News - Business https://ift.tt/2Mtr2...
Staycations: Bookings 'coming in thick and fast'
With new hotel quarantine rules for arrivals from abroad, many people are seeking UK holidays instead.
from BBC News - Business https://ift.tt/36iF0...
Apple Christmas sales surge to $111bn amid pandemic
Families loaded up on the latest technology and sales increased in China.
from BBC News - Business https://ift.tt/2KXdb...
Tesla reports record deliveries but shares slide
The firm delivers record number of vehicles in its fourth quarter, but profits disappoint investors.
from BBC News - Business https://ift.tt/2YhDg...
Firms at risk: 'We are worried about how we can survive'
More than 900,000 small businesses are at risk of going under, according to new research
from BBC News - Business https://ift.tt/2Mttf...
Boeing 737 Max cleared to fly in Europe after crashes
Regulators say the plane is safe to fly again after two fatal crashes led to its grounding.
from BBC News - Business https://ift.tt/2MbdN...
The Reddit army taking on Wall Street's old guard
Shares in a games company have soared 276% - the result of a fight between private and professional investors.
from BBC News - Business https://ift.tt/2Ykad...
Hinkley Point C nuclear plant to open later at greater cost
EDF Energy says it has made "significant progress" but the plant will now not open until June 2026.
from BBC News - Business https://ift.tt/2NGjP...
Contactless limit could rise to £100
The financial regulator will consult "shortly" on a rise from the current limit of £45.
from BBC News - Business https://ift.tt/3oms1...
Covid: Who are the workers 'excluded' from support?
Why have some taxpayers who have lost their income because of the pandemic been left without funding?
from BBC News - Business https://ift.tt/2YhQu...
Tuesday, January 26, 2021
China opens door to Ant Group's stock market debut
Regulators suspended the tech giant's planned listing before ordering a shake-up at the company.
from BBC News - Business https://ift.tt/39jhW...
Goldman Sachs boss gets $10m pay cut for 1MDB scandal
David Solomon is being punished for the bank's involvement in the fraudulent Malaysian investment fund.
from BBC News - Business https://ift.tt/39ZQu...
Covid crisis: 'I've been excluded from any help'
Millions of people have been shut out of government schemes designed to help, a new study suggests.
from BBC News - Business https://ift.tt/3j118...
Victims lose average of £45,000 in investment scams
Lockdown led to a surge in reports of fraudsters imitating genuine investment firms, regulator says.
from BBC News - Business https://ift.tt/3qT1G...
Joe Biden: The team he hopes can fix the US economy
The new US president has called on a team of Ivy League-trained economists and lawyers to "heal" the economy.
from BBC News - Business https://ift.tt/3alYW...
CEO Secrets: 'We tried paying everyone the same salary. It failed'
As part of the CEO Secrets series, Calvin Benton discusses his firm Spill's "open" salary policy.
from BBC News - Business https://ift.tt/3qQVJ...
Brexit: Amazon prepares to stop selling some products to NI
It would take effect on 1 April when the "grace period" for GB-NI parcels expires.
from BBC News - Business https://ift.tt/39kUx...
Xbox sales boom as virus maintains grip on economy
Demand for the video game and cloud computing services helped push Microsoft sales to a new quarterly record.
from BBC News - Business https://ift.tt/2M9Nf...
MPs accuse HSBC of aiding China's Hong Kong crackdown
The bank's boss strongly rejects MPs criticism of 'double-standards' over situation in Hong Kong.
from BBC News - Business https://ift.tt/3ogAS...
Student rent: 'This wouldn't happen in real life'
The BBC has discovered sharp contrasts in the way universities are handling rent for unused accommodation.
from BBC News - Business https://ift.tt/3a3kT...
Covid vaccine hopes lift IMF's global growth forecast
The IMF raises its economic growth estimate on expectations that vaccines will allow activity to recover.
from BBC News - Business https://ift.tt/3pmR0...
Rolls-Royce facing £2bn cash reserve hit as flight numbers fall
The company is set to burn through more cash than expected this year as Covid hits the travel sector.
from BBC News - Business https://ift.tt/2YbXP...
UK unemployment rate continues to rise
The rate rose to 5% in the three months to November, as coronavirus continued to hit the jobs market.
from BBC News - Business https://ift.tt/3a3jM...
Monday, January 25, 2021
'A spike in pandemic-related investments'
EY Africa's Sandile Hlophe tells the BBC how foreign direct investment in Africa is faring.
from BBC News - Business https://ift.tt/3sYEg...
Coronavirus: Seafarers stuck at sea ‘a humanitarian crisis’
Crew are asking to be designated 'key workers' so they can go home without risking public health.
from BBC News - Business https://ift.tt/3iTZh...
Covid vaccines: Casino boss resigns after jumping queue
Rod Baker and his wife travelled to the Canadian Arctic and posed as local workers to get the jab.
from BBC News - Business https://ift.tt/39hF0...
Harvey Weinstein: Court agrees $17m payout for accusers
The money comes from the liquidation of a firm co-founded by the disgraced film director.
from BBC News - Business https://ift.tt/2NxwT...
Co-op and Morrisons see queues over payments outage
The supermarket chains confirmed that an ongoing issue is affecting payments processing in some stores.
from BBC News - Business https://ift.tt/3iKms...
Brexit parcel price shock: 'I had to pay £30 for a gift'
It's not just shoppers facing surprise costs when EU parcels arrive, but what is behind the charges?
from BBC News - Business https://ift.tt/3sRsx...
Deloitte Football Money League: Pandemic set to cost top clubs over £1.7bn
The coronavirus pandemic will cost Europe's 20 richest football clubs over £1.7bn by the end of this season.
from BBC News - Business https://ift.tt/39jDr...
Why your face could be set to replace your bank card
Already widely used in China, facial recognition payment is now expanding in other countries.
from BBC News - Business https://ift.tt/3og8T...
Yellen to be first female US Treasury secretary
Janet Yellen confirmed as first female US Treasury secretary in Senate vote
from BBC News - Business https://ift.tt/3a3iE...
Pandemic prompts Super Bowl ad rethink in US
Budweiser will not advertise during the Super Bowl for the first time in 37 years.
from BBC News - Business https://ift.tt/3a0K2...
Covid: Hays Travel to close 89 shops as lockdown delays 'bounce back'
The third national lockdown and travel ban meant the travel firm "had to act", a spokeswoman says.
from BBC News - Business https://ift.tt/39dvD...
UN: Covid jobs crisis 'most severe' since the 1930s
The global economy lost the equivalent of 225 million jobs in 2020 - four times more than in the financial crisis.
from BBC News - Business https://ift.tt/36buB...
HMRC waives penalty for late filing of self-assessments
Self-employed people will not be fined if they file their tax returns online by 28 February.
from BBC News - Business https://ift.tt/2YcgF...
Ikea to start selling spare parts for products
The furniture giant says it wants to dispel the idea that it makes disposable goods.
from BBC News - Business https://ift.tt/3c9mC...
Fraud epidemic 'is now national security threat'
From credit card fraud to benefit fraud, the problem costs the UK up to £190bn a year, a report says.
from BBC News - Business https://ift.tt/3c6of...
Covid: Teachers 'not at higher risk' of death than average
The highest-risk job roles were in restaurants, care work and manufacturing.
from BBC News - Business https://ift.tt/36b4h...
Satellites beat balloons in race for flying internet
Google's Loon bows out - but thousands of satellites are taking to the skies to beam down the internet.
from BBC News - Business https://ift.tt/2KJq5...
Mastercard to push up fees for UK purchases from EU
The move sparks concerns that customers could see prices rise if merchants pass on the higher cost.
from BBC News - Business https://ift.tt/3pcsF...
Bank of England criticised for financing carbon-intensive firms
MPs criticise the Bank of England for providing financial help without attaching environmental strings.
from BBC News - Business https://ift.tt/3iNov...
Boohoo buys Debenhams brand and website for £55m
The fast fashion retailer is not purchasing the stores or taking on its staff.
from BBC News - Business https://ift.tt/3sTsD...
Sunday, January 24, 2021
China takes new foreign investment top spot from US
The top ranking highlights China's growing influence on the word economic stage.
from BBC News - Business https://ift.tt/3iJ4n...
Kickstart: Most job roles for youths not yet filled
About 118,000 placements for young people are yet to be filled due to coronavirus lockdowns.
from BBC News - Business https://ift.tt/3qLth...
Boeing 737 Max cleared to fly again 'too early'
A former Boeing manager says more investigations are needed on the plane, grounded after two crashes.
from BBC News - Business https://ift.tt/3qNiX...
Barclaycard customers face higher minimum payments
The changes affecting some customers take effect as finances are squeezed by Covid and Christmas.
from BBC News - Business https://ift.tt/3qNET...
How Covid turbocharged the QR revolution
As a cheap and reliable way to store information, the humble QR code is finding new uses.
from BBC News - Business https://ift.tt/2LU80...
Boohoo 'set to buy Debenhams brand and website'
The fast fashion retailer is purchasing the brand, but not its stores or staff, the BBC understands.
from BBC News - Business https://ift.tt/3c8TR...
Asos joins race for Topshop, Topman and Miss Selfridge
The online retailer wants to buy the brands, not their shops, suggesting any deal would cost jobs.
from BBC News - Business https://ift.tt/2NtgF...
UK firms told 'set up in EU to avoid trade disruption'
Firms say they have been advised by officials to set up EU hubs, but the government says it is not policy.
from BBC News - Business https://ift.tt/2Y98Y...
Saturday, January 23, 2021
Firms planned record 800,000 redundancies last year
Despite the furlough scheme, employers decided to a record number of jobs during 2020.
from BBC News - Business https://ift.tt/3peDh...
Coronavirus: How the pandemic has changed the world economy
Key maps and charts explain how the virus has impacted markets and businesses around the world.
from BBC News - Business https://ift.tt/32LO6...
Climate change: Six questions about the Cumbria coal controversy
Green groups are calling on the PM to cancel the project - but how was the decision reached?
from BBC News - Business https://ift.tt/3qLam...
Friday, January 22, 2021
Can a Nudge or two make us better savers?
A government-backed firm is looking for new ways to get people to put money aside for a "rainy day".
from BBC News - Business https://ift.tt/3sPfM...
East West and Northumberland rail lines get £794m boost
The government says the funding will connect "left-behind" communities.
from BBC News - Business https://ift.tt/3p8X8...
Shipping crisis: I'm being quoted £10,000 for a £1,600 container'
A shortage of shipping containers, rising costs, and congestion at ports are holding back imports from China.
from BBC News - Business https://ift.tt/3pnd1...
Cladding crisis: 'Delays could bankrupt us'
Campaigners say a government fund to pay for the removal of dangerous cladding is woefully inadequate.
from BBC News - Business https://ift.tt/39Zri...
Body defends action on Covid workplace safety complaints
The Health and Safety Executive denies being "naïve" about breaches of safety rules.
from BBC News - Business https://ift.tt/395hU...
UK borrowing hits highest December level on record
Government borrowing hit £34.1bn last month, as the cost of pandemic support measures weighed on the economy.
from BBC News - Business https://ift.tt/3sNlo...
Retail sales in 2020 see biggest fall since records began
Clothing sales were hit hardest, with the sector seeing a 25% drop in sales last year.
from BBC News - Business https://ift.tt/397lx...
Thursday, January 21, 2021
Google says goodbye to giant internet balloons idea
Parent company Alphabet is scrapping Loon, a project set up to beam the internet to rural areas.
from BBC News - Business https://ift.tt/2KB2U...
China falling short of US trade deal targets
The country agreed to buy $200bn worth of US goods in a trade agreement signed one year ago.
from BBC News - Business https://ift.tt/3sLVt...
Brexit: Retailers could burn goods stuck in EU
UK retailers may abandon goods EU customers want to return because it is cheaper than bringing them home.
from BBC News - Business https://ift.tt/39XqN...
Google threatens to withdraw search engine from Australia
The tech giant says it will remove its main search function from Australia if it passes a new law.
from BBC News - Business https://ift.tt/3bZzb...
Beckhams pay themselves £21m despite business losses
The couple paid themselves the sum despite heavy losses at Mrs Beckham's fashion brand.
from BBC News - Business https://ift.tt/3iyrs...
Premium Bonds operator NS&I 'must work hard to win back customers'
Its boss apologises after customers were left to wait an average of 20 minutes for calls to be answered.
from BBC News - Business https://ift.tt/3sLwW...
'I've never met my team but have lunch with them weekly'
Some firms are encouraging staff who are working from home to take their lunch breaks together.
from BBC News - Business https://ift.tt/3p4fx...
Nissan says Brexit deal 'positive' and commits to UK
The Japanese car maker has told the BBC its Sunderland plant is secure for the long term.
from BBC News - Business https://ift.tt/3972x...
Coronavirus: Nissan Sunderland plant pauses Line One production
The plant says the move will affect one line making the Qashqai and Leaf, but will resume next week.
from BBC News - Business https://ift.tt/3nZLr...
Next pulls out of race to buy Topshop-owner Arcadia
A consortium including the fashion chain will no longer bid to buy Arcadia group out of administration.
from BBC News - Business https://ift.tt/3o6vY...
Covid: Labour attacks Sunak over strategy to help economy
The shadow chancellor claims her Tory counterpart has called the crisis wrong "time and again".
from BBC News - Business https://ift.tt/3p55x...
Plans to cap fees charged by claims companies
It follows criticism that firms take a large proportion of compensation for mis-sold financial products.
from BBC News - Business https://ift.tt/2Y13e...
Uber: London cabbies plan to sue for damages
Thousands of the capital's taxi drivers have already signed up to the planned group legal action.
from BBC News - Business https://ift.tt/3qDMS...
Covid: Nine million people forced to borrow more to cope
There is a "widening financial gap" between households because of the pandemic, says the ONS.
from BBC News - Business https://ift.tt/362wo...
Retail pressure: 'You can see the struggle and strain'
Shop owners describe the pressure they are under as a survey predicts more store closures this year.
from BBC News - Business https://ift.tt/3o27U...
Lockdown entrepreneur Ben Gulliver urges others 'never give up'
Ben Gulliver saw a chance to make money, selling items people struggled to get in the pandemic.
from BBC News - Business https://ift.tt/3c4De...
Lockdown entrepreneur Ben Gulliver urges others 'never give up'
Ben Gulliver saw a chance to make money, selling items people struggled to get in the pandemic.
from BBC News - Business https://ift.tt/3c4De...
Wednesday, January 20, 2021
Universities degree 'not the only route to success'
Ministers announce plans to reform post-16 education to give employers the skilled people they need.
from BBC News - Business https://ift.tt/3bYWB...
Covid: House hunters travelling 'hundreds of miles' to view homes
Estate agents call for tougher measures - as buyers race to beat the end of the stamp duty holiday.
from BBC News - Business https://ift.tt/3sM0M...
China's telecom giants ask for Wall Street relisting
The New York Stock Exchange has already changed its mind several times about delisting the companies.
from BBC News - Business https://ift.tt/3pa7t...
Ben & Jerry's maker Unilever to insist suppliers pay 'living wage'
Unilever says that by 2030 suppliers must pay staff enough to cover a family's basic needs.
from BBC News - Business https://ift.tt/2Y1xz...
Brexit: 'I was asked to pay an extra £82 for my £200 coat'
Shoppers buying items from Europe now have to pay customs or VAT charges on those above a certain value.
from BBC News - Business https://ift.tt/3oZ5E...
How to investigate a firm with 60 million documents
Artificial intelligence helped investigators in a daunting examination of Airbus's business.
from BBC News - Business https://ift.tt/35P6i...
Social media giants grilled on hate content
Facebook, Twitter, YouTube and TikTok asked about their role in the recent violent events in Washington.
from BBC News - Business https://ift.tt/2LNUP...
Saga cruises says all customers must be vaccinated in 2021
Holidaymakers must be fully vaccinated against Covid-19 in 2021, the travel firm says.
from BBC News - Business https://ift.tt/35VOQ...
Brexit: 'My meat shipment is rotting in Rotterdam'
Brexit border hold-ups mean customers are starting to go elsewhere says UK meat exporters group.
from BBC News - Business https://ift.tt/3o1jD...
Burberry pins hopes on Marcus Rashford as sales fall
The brand is struggling in the pandemic but says a campaign with the footballer helped win new customers.
from BBC News - Business https://ift.tt/3bWD0...
Depop CEO says UK users are 'entrepreneurs’
Maria Raga, CEO of second-hand clothing app Depop, says users of the platform are “entrepreneurs”.
from BBC News - Business https://ift.tt/3sKpA...
Low-deposit mortgages return after Covid slump
There has been a four-fold increase in mortgage products offering a 10% deposit.
from BBC News - Business https://ift.tt/391PD...
Inflation jumps despite Covid Christmas curbs
The UK inflation rate jumps to 0.6% in December from 0.3% in November, led by higher transport costs.
from BBC News - Business https://ift.tt/38XCr...
Tuesday, January 19, 2021
Jack Ma makes first appearance since October
Fears had grown over the Alibaba founder's whereabouts because of pressure from Chinese authorities.
from BBC News - Business https://ift.tt/3p2yr...
Audi to make electric cars with China's oldest carmaker FAW
FAW counts Red Flag limousines, used by China's communist party leaders, among its products.
from BBC News - Business https://ift.tt/3sI63...
£23m support fund for struggling fishing firms
It comes as industry workers warn their livelihoods are at risk due to Brexit border problems.
from BBC News - Business https://ift.tt/3p4cb...
MPs criticise HMRC over gaps in Covid support schemes
Out-of-date tax systems mean people are falling through the cracks for help, MPs say.
from BBC News - Business https://ift.tt/39QGj...
'There is beauty and strength in diversity'
Elona Mortimer-Zhika, chief executive of Iris Software Group, shares her business advice.
from BBC News - Business https://ift.tt/3bTXV...
Will Netflix's pandemic success continue in 2021?
The streaming firm, which has been boosted by Covid, now has more than 200 million subscribers.
from BBC News - Business https://ift.tt/3sFPw...
Brexit: Government considers scrapping some EU labour laws
Minister Kwasi Kwarteng confirms he will review rules after denying plans to dilute workers' rights.
from BBC News - Business https://ift.tt/3bUTR...
UK and US fail to do mini-trade deal as Trump exits
US tariffs on Scotch whisky and cashmere remain in place as UK fails to reach deal with Washington.
from BBC News - Business https://ift.tt/3qB5M...
Vauxhall: New owner to set out future of UK factory
Vauxhall's parent company warns it will no longer invest in pure diesel or petrol cars at Ellesmere Port.
from BBC News - Business https://ift.tt/35X9O...
Biden economic plans challenged at Yellen hearing
Janet Yellen, Joe Biden's choice to be treasury secretary, appears at her confirmation hearing in Washington.
from BBC News - Business https://ift.tt/2LCJv...
MGM Resorts ends bid to buy Ladbrokes owner Entain
Entain's shares tumble after the US casino operator walks away from a takeover attempt.
from BBC News - Business https://ift.tt/39JBA...
Tokyo Olympics 'unlikely to go ahead in 2021'
Former London 2012 Olympics boss says Tokyo event likely to be disrupted by Covid-19 pandemic.
from BBC News - Business https://ift.tt/35VcM...
Arcadia set to shut 31 shops with loss of 700 jobs
Administrators for Sir Philip Green's empire have been seeking buyers for the group since November.
from BBC News - Business https://ift.tt/3nYK0...
HSBC to close 82 branches this year
The bank has named the branches that will close between April and September, but aims to avoid redundancies.
from BBC News - Business https://ift.tt/2LL9B...
Barclays not liable for couple defrauded of £700,000
They thought they were assisting a fraud probe when they transferred cash to accounts in the UAE.
from BBC News - Business https://ift.tt/3oYaD...
Boeing 737 Max to be cleared to fly in Europe
The EU's aviation agency says clearance will be given next week for the aircraft, grounded after two crashes.
from BBC News - Business https://ift.tt/3nScD...
Covid: Cash refusal 'creeping into UK economy'
A survey by consumer group Which? raises concerns over coronavirus leading to more cashless stores.
from BBC News - Business https://ift.tt/35Vjs...
Superdry losses widen amid Covid 'disruption'
The fashion chain says there may be "significant doubt" over its ability to continue as a going concern.
from BBC News - Business https://ift.tt/3pamv...
Covid: Self-employed mothers 'deserve equal help'
Campaigners say 75,000 women who took maternity leave are losing out on government Covid payments.
from BBC News - Business https://ift.tt/39Hgt...
CBI calls for more business support before Budget
The business lobby group calls for the extension of support schemes for firms affected by Covid.
from BBC News - Business https://ift.tt/3nYzN...
Monday, January 18, 2021
Big firms to pay small companies within 30 days
Changes to the Prompt Payment Code mean big companies will have half as long to pay small firms.
from BBC News - Business https://ift.tt/3p9Sq...
Will the UK really refuse trade deals over human rights?
The government is being scrutinised over trade deals with countries with poor human rights records.
from BBC News - Business https://ift.tt/35SpQ...
Depop: 'I felt so violated when my account was hacked'
Hackers are selling Depop app account details on the dark web for as little as 77p each online.
from BBC News - Business https://ift.tt/3bS3b...
'My boss made me come to work and I caught Covid'
Despite the risks, people say they are being asked to work on site when they could do it from home.
from BBC News - Business https://ift.tt/3sBDs...
Covid self-employment income support scheme unfair say mothers
Campaigners are bringing a judicial review for indirect sexual discrimination on Thursday.
from BBC News - Business https://ift.tt/2KvWx...
A wristband that tells your boss if you are unhappy
Technology to help our mental wellbeing has grown in popularity during the coronavirus lockdowns.
from BBC News - Business https://ift.tt/2Y2vo...
'I'm stranded at Madrid Airport'
Lisbet Stone was turned away from her flight to London due to having an outdated covid test.
from BBC News - Business https://ift.tt/3inOg...
EasyJet Holidays sees summer bookings surge 250%
'People want to go on holiday,' says the airline's boss, as bookings for this summer rise sharply.
from BBC News - Business https://ift.tt/2KqZq...
Chip-shortage 'crisis' halts car-company output
A shortage of computer chips is leading to car factories shutting down for days at a time.
from BBC News - Business https://ift.tt/3nVL7...
Film directors call on government to support UK cinema chains
Danny Boyle, Steve McQueen and other UK film-makers call on the chancellor for tailored funding.
from BBC News - Business https://ift.tt/3qu7v...
Next in race to buy Topshop owner Arcadia as bid deadline nears
A consortium including the fashion chain wants to buy the Arcadia group out of administration.
from BBC News - Business https://ift.tt/3sDFU...
Brexit: Fishing firms hold London protest over disruption
Fresh fish exports have been severely disrupted by new border controls with the European Union.
from BBC News - Business https://ift.tt/3oVxj...
Trampoline prices 'to soar 50% on shipping costs'
The owner of a toy retailer says high transport costs may mean larger toys become more expensive.
from BBC News - Business https://ift.tt/2LKFD...
Sunday, January 17, 2021
Lee Jae Yong: Samsung heir gets prison term for bribery scandal
A South Korean court sentenced Lee Jae Yong to two and a half years in prison.
from BBC News - Business https://ift.tt/35PI3...
Covid-19: China's economy grows in fourth quarter, bucking global trend
China's economy grew at 2.3% for the year, making it the only major economy to see growth last year.
from BBC News - Business https://ift.tt/3qs7T...
Covid: UK travel corridors closure to come into force
Passengers, whether by boat, train or plane, will have to show proof of a negative Covid test to be allowed in.
from BBC News - Business https://ift.tt/39Dcz...
BT faces £600m lawsuit over 'historic overcharging'
A group of pensioners is accusing BT of "historic" excessive pricing of landlines.
from BBC News - Business https://ift.tt/38QpK...
Brexit: 'Putting UK, not GB, delayed my fish for 24 hours'
New trading rules are causing problems for some firms, creating backlogs and uncertainty.
from BBC News - Business https://ift.tt/38QFc...
Protecting fragile ecosystems from lithium mining
More lithium is needed to supply the electric car market, but can it be produced in a sustainable way?
from BBC News - Business https://ift.tt/3ifvI...
Universal Credit: Labour presses PM for action ahead of benefit vote
Labour calls on Boris Johnson to give millions a "helping hand" by extending £20 Universal Credit uplift.
from BBC News - Business https://ift.tt/2LKip...
Eurostar: Government urged to 'safeguard' rail firm's future
A group of London firms has written to ministers calling for financial support for the rail firm.
from BBC News - Business https://ift.tt/3oSoH...
Coronavirus: Concerns over bosses breaking Covid safety rules
The Health and Safety Executive says it received 2,945 complaints about workplaces in one week.
from BBC News - Business https://ift.tt/3sypZ...
Saturday, January 16, 2021
Covid: Airport support scheme to open in England
The government is aiming to provide grants by April to mitigate the impact of Covid travel rules.
from BBC News - Business https://ift.tt/3imX7...
Airline industry needs up to another $80bn to survive pandemic
The world's airlines need another $70-$80bn of government aid to get through the pandemic, the industry says.
from BBC News - Business https://ift.tt/39IdJ...
Will the Trump corporate backlash make a difference?
After the storming of the US Capitol, Donald Trump is facing "a very different set of calculations".
from BBC News - Business https://ift.tt/2LYDC...
Friday, January 15, 2021
Joanna Lumley 'shocked' at claims disabled workers unpaid
Sir Iain Duncan Smith and Joanna Lumley speak out about employees allegedly owed a total of £200,000.
from BBC News - Business https://ift.tt/38JJY...
Can supermarket security guards help with mask rules?
Supermarkets around the UK are stepping up enforcement of mask-wearing rules.
from BBC News - Business https://ift.tt/38Nwc...
WhatsApp extends 'confusing' update deadline
The Facebook-owned platform still says its users must accept the update or stop using the service.
from BBC News - Business https://ift.tt/2LuGC...
Scottish fishermen 'sailing to Denmark to land catch'
Red tape plus a "poor" Brexit deal mean fishermen fear for the future, says an industry body.
from BBC News - Business https://ift.tt/3bJfT...
Covid-19: Parents with childcare issues 'must get right to furlough'
Labour says legal duty on employers to grant requests would ease strain on families in lockdown.
from BBC News - Business https://ift.tt/39tGV...
'It kind of makes debt cool – and it's not'
Some MPs worry "buy now, pay later" services could be tempting online shoppers into overspending.
from BBC News - Business https://ift.tt/3srnG...
UK economy shrank by 2.6% in November
The economy contracted as lockdown restrictions in England hit the service sector hard, official figures show.
from BBC News - Business https://ift.tt/3ideY...
Thursday, January 14, 2021
Thailand allows visitors to play golf in quarantine
At six resorts, visitors will be able to play golf, rather than just having to isolate in their rooms.
from BBC News - Business https://ift.tt/2MXEm...
Trump takes final swipes at China's big companies
With just days left, the US president continues crackdown on Chinese firms with more sanctions and bans.
from BBC News - Business https://ift.tt/3bCMn...
Rules of origin: Why are Percy Pigs a headache for M&S?
Rules of origin are a key part of the UK's trade deal with the EU. What are they?
from BBC News - Business https://ift.tt/39yqy...
Biden unveils $1.9tn US economic relief package
The plan would help communities the US president-elect says have been hit hardest by the pandemic.
from BBC News - Business https://ift.tt/2KewN...
Fleetwood Mac's Mick Fleetwood sells his recordings to BMG
The company acquires 300 recordings, or "18 hours of drumming", from the Fleetwood Mac founder.
from BBC News - Business https://ift.tt/2LxQr...
Brexit: No plans to dilute workers' rights, minister says
It comes after reports that protections including the 48-hour work week could be dropped.
from BBC News - Business https://ift.tt/2XESs...
Small businesses await Covid insurance case ruling
The Supreme Court ruling will define payouts for many thousands of firms affected by the first lockdown.
from BBC News - Business https://ift.tt/3spT6...
Brexit: 'most difficult week I've had in this job in 20 years'
Hauliers fear their jobs will get worse before they get better
from BBC News - Business https://ift.tt/38OO2...
Australia rebukes Google for blocking local content
The tech giants are fighting the Australian government over plans to make them pay for news content.
from BBC News - Business https://ift.tt/3oNA6...
Poshmark turns used clothes into $7.1bn stock listing
The firm raises more than $277m in its stock market debut, as investors see growth potential.
from BBC News - Business https://ift.tt/2XEli...
Pimlico Plumbers to make workers get Covid jabs
Founder Charlie Mullins says it is a "no-brainer" that workers should get immunised.
from BBC News - Business https://ift.tt/3oFJo...
Samsung Galaxy S21 Ultra: Does stylus spell end of the Note?
The S21 Ultra's support for an S Pen will fuel speculation that the Note range's days are numbered.
from BBC News - Business https://ift.tt/3qqVp...
Bentley ordered to destroy clothing in fashion line trademark row
Bentley Motors lost a legal battle with a Manchester-based clothing company of the same name.
from BBC News - Business https://ift.tt/3sj6a...
Covid contraction shrinks German economy by 5%
Figures for 2020 show a sharp decline, but less severe than many economists had expected.
from BBC News - Business https://ift.tt/2KcDK...
Primark warns of £1bn hit from lockdown shop closures
Most of the fashion retailers' stores globally are shut due to Covid, including its 190 UK shops.
from BBC News - Business https://ift.tt/2LRJJ...
German freight giant DB Schenker pauses UK deliveries
DB Schenker, owned by rail firm Deutsche Bahn, is suspending UK deliveries over Brexit bureaucracy.
from BBC News - Business https://ift.tt/3oKOD...
Gatwick: Norwegian axes 1,000 jobs at airport in long haul cuts
Norwegian will continue to operate its short-haul network, but will lose 2,000 staff globally.
from BBC News - Business https://ift.tt/38Mzd...
Carillion: Legal bid launched to ban former directors
The new business secretary says banning eight directors of the failed contractor is in the public interest.
from BBC News - Business https://ift.tt/2LvAK...
Smart locks: Convenience comes with security doubts
More people are using digital locks for their houses, but how secure are they?
from BBC News - Business https://ift.tt/3i47V...
Tesco sees record Christmas sales as shoppers 'treat themselves'
The supermarket giant says customers chose "to treat themselves" as much of the UK was locked down.
from BBC News - Business https://ift.tt/2KbIw...
Wednesday, January 13, 2021
Meng Wanzhou: Bullets sent in mail to Huawei's finance chief
Under house arrest in Canada on bank fraud charges, Ms Meng has reportedly received death threats.
from BBC News - Business https://ift.tt/2XC8o...
Coronavirus: Loganair plans for 'recovery' with Isle of Man routes
Loganair says it hopes to 'ramp up' flights between UK and Isle of Man despite the ongoing pandemic.
from BBC News - Business https://ift.tt/3igNW...
Bosses failing to support domestic abuse victims, says government
The government wants bosses to do more to help victims as reports of domestic abuse soar in lockdown.
from BBC News - Business https://ift.tt/3oJdo...
'Covid means we may lose our first home'
First-time buyers are calling on the government to extend a Help to Buy deadline amid Covid-related delays.
from BBC News - Business https://ift.tt/2N3pZ...
Vaccine confidence: holiday bookings grow among older tourists
Some companies have seen bookings more than double those of last year amongst retirees
from BBC News - Business https://ift.tt/39nJu...
New York City is latest to cut Trump business ties
The Trump Organization has contracts with the city to run skating rinks, a carousel and a golf course.
from BBC News - Business https://ift.tt/3sn5n...
How much can Joe Biden get done on the US economy?
The new US president may have more scope to make change than initially thought.
from BBC News - Business https://ift.tt/3qjIp...
Covid-19: Passengers told to check train times as routes cut
Services in England are being cut from 87% of normal levels to 72%, the Rail Delivery Group says.
from BBC News - Business https://ift.tt/2MXk7...
Has coronavirus made us more ethical consumers?
Studies show shoppers on both sides of the Atlantic are more ethically and environmentally minded.
from BBC News - Business https://ift.tt/3bCpM...
Covid-19: New test rule for UK arrivals pushed back to Monday
A negative test was supposed to be required from Friday, but ministers said people needed time to prepare.
from BBC News - Business https://ift.tt/3bFED...
Brexit will increase food supply chain costs, warn business groups
Brexit deal red tape will raise food and manufacturing supply chain costs, business groups tell MPs.
from BBC News - Business https://ift.tt/3nHQL...
The password guess worth $240m in Bitcoin
A programmer is trying to remember the password to unlock a digital wallet set up a decade ago.
from BBC News - Business https://ift.tt/35y65...
Furlough fraud: I'm still registered as furloughed for a job I quit'
Amid reports of mass furlough fraud the BBC hears from one worker who quit work but still gets furlough pay.
from BBC News - Business https://ift.tt/35DRt...
Covid: Car loan lenders can seize vehicles from February
A ban on repossession of vehicles will end but, for homes. will be extended for two months, new plans say.
from BBC News - Business https://ift.tt/3bEIi...
Morrisons to be first UK supermarket to pay minimum £10 an hour
Morrisons will increase its minimum pay from £9.20 to £10 an hour from April.
from BBC News - Business https://ift.tt/3qd6c...
Covid: 'Money is tight, I think about it every day'
A report finds the pandemic has had a disproportionate impact on those already living in poverty.
from BBC News - Business https://ift.tt/2LNoq...
Lockdown Christmas: Pink prosecco and takeaway sales surge
Lidl, Just Eat and Asos say demand for fizz, takeaways and clothes all rose during December.
from BBC News - Business https://ift.tt/2Xz3X...
Tuesday, January 12, 2021
Media billionaire David Barclay dies, aged 86
Together with his twin brother, Sir David built a business empire spanning hotels, retail and newspapers.
from BBC News - Business https://ift.tt/2XAd8...
Tesla moves a step closer to launching in India
The electric car maker has registered a company in the country although its future plans remain unclear.
from BBC News - Business https://ift.tt/38DWW...
Coon Cheese rebrands in Australia after anti-racism campaign
The 86-year-old name will disappear in Australia from July, after a campaign by Aboriginal groups.
from BBC News - Business https://ift.tt/35wOt...
Huawei patent mentions use of Uighur-spotting tech
The company denies selling technology that can identify the ethnic group and plans to reword the patent.
from BBC News - Business https://ift.tt/3sjlS...
CEO Secrets: 'I couldn't build a company on my own'
The co-founders of German nutritional drink start-up YFood explain why they rely on each other.
from BBC News - Business https://ift.tt/2XxLv...
Brexit: Supermarkets says 'urgent intervention' needed over NI food supplies
The UK's major supermarkets say government action is needed to prevent further disruption.
from BBC News - Business https://ift.tt/2LqVk...
John Lewis suspends click and collect due to virus safety
The department store owner said it was tightening measures after a "change in tone" from the government.
from BBC News - Business https://ift.tt/3qdEL...
UK tightens rules on using Uighur-picked cotton
Government says UK exports will also be monitored to ensure goods are not used in Uighur camps.
from BBC News - Business https://ift.tt/3bwdC...
Tesco, Asda and Waitrose ban shoppers without face masks
It follows similar moves by Morrisons and Sainsbury's, but those with medical excuses will be exempt.
from BBC News - Business https://ift.tt/39qlK...
Casino mogul and political donor Sheldon Adelson dead at 87
Mr Adelson was known for his support of Republicans and the state of Israel.
from BBC News - Business https://ift.tt/3oH3S...
Royal Dutch Shell to cut more than 300 North Sea jobs
The oil giant says 330 posts will go, leaving a workforce in Aberdeen of about 1,000 people.
from BBC News - Business https://ift.tt/35wqr...
Families 'struggling to pay for funerals'
A report suggests there is a widening gap in the cost of funerals in different parts of the UK.
from BBC News - Business https://ift.tt/2LqYt...
Edinburgh Woollen Mill and Bonmarché in rescue deal
Investors agree to save the chain, along with Ponden Home and Bonmarché, which could save 2,500 jobs.
from BBC News - Business https://ift.tt/35xt1...
Warhammer sales surge for Games Workshop despite shop closures
Sales of Games Workshop's fantasy game have jumped as people spend more on hobbies in lockdown.
from BBC News - Business https://ift.tt/3i3Ag...
Royal Mail lists areas hit by Covid postal delays
Deliveries may be delayed in 28 areas due to "resourcing issues", the postal group says.
from BBC News - Business https://ift.tt/2LinR...
Monday, January 11, 2021
Firms scrap political donations over Capitol riots
Many companies say they won't donate to Senators who refused to certify President-elect Biden's win.
from BBC News - Business https://ift.tt/3qbTz...
Private equity firm eyes stake in All Blacks
New Zealand's national treasure has burned through nearly half of its cash reserves due to lockdowns.
from BBC News - Business https://ift.tt/3bC4y...
Samsung bets on bespoke fridges to lure millennials
The South Korean electronics firm says it is focusing on personalised devices for younger customers.
from BBC News - Business https://ift.tt/35uof...
Retail sales in 2020 worst on record, says BRC trade body
A slump in demand for fashion and homeware during lockdown left many retailers struggling.
from BBC News - Business https://ift.tt/3oC9k...
UK leading the way in use of language-learning apps
As the pandemic has given us time to fill, more of us are learning a new language.
from BBC News - Business https://ift.tt/3bq6m...
Covid-19: New test rule for UK arrivals from Friday
International travellers will have to take a Covid test up to 72 hours before departing.
from BBC News - Business https://ift.tt/2LJKX...
Ford ends decades of Brazil manufacturing
The US car giant is closing its last three Brazilian factories, with a loss of 5,000 jobs.
from BBC News - Business https://ift.tt/3ny3J...
Marks & Spencer snaps up Jaeger fashion brand
M&S is buying the brand out of administration, but not Jaeger's scores of shops and concessions.
from BBC News - Business https://ift.tt/3bvFw...
Supermarket staff: 'We're lucky if people wear masks'
Shop workers say the third lockdown is the worst ever for customers not sticking to safety rules.
from BBC News - Business https://ift.tt/3nyXL...
'My spending has gone up, not down, in lockdown'
A study finds that the financial burden on poorer families has increased during the pandemic.
from BBC News - Business https://ift.tt/2LDK6...
UK economy 'to get worse before it gets better'
New Covid curbs are necessary but they will hit the economy, Chancellor Rishi Sunak warns.
from BBC News - Business https://ift.tt/2LlNL...
Etsy sorry as 'Camp Auschwitz' T-shirt sparks fury
The online marketplace removes "disrespectful" T-shirt after a complaint from the Auschwitz Memorial.
from BBC News - Business https://ift.tt/39pCB...
Coronavirus: 'Concern' over Covid rule breakers in supermarkets
Vaccines minister Nadhim Zahawi says that rules must be adhered to when shopping for food.
from BBC News - Business https://ift.tt/2Xujp...
Cryptoasset investing? Be prepared to lose the lot, warns watchdog
The Financial Conduct Authority issues a striking warning to investors in unregulated cryptoassets.
from BBC News - Business https://ift.tt/2LFZz...
Dr Martens kickstarts plan to join stock market
The current owner of the footwear brand is considering making shares in the firm available to investors.
from BBC News - Business https://ift.tt/3hZ2e...
Parler social network drops offline after Amazon pulls support
The platform had been reliant on Amazon's cloud computing service, which has pulled its support.
from BBC News - Business https://ift.tt/3q1VR...
Royal Mail: Former Ocado executive named as new boss
Simon Thompson, who has also worked for NHS Test and Trace, will begin his role immediately.
from BBC News - Business https://ift.tt/3i1mb...
Sunday, January 10, 2021
China's Baidu and Geely partner up for smart cars
The search engine giant and carmaker will go up against Tesla and other homegrown competitors.
from BBC News - Business https://ift.tt/3qcb3...
China brings in new law to fight Trump's sanctions
Chinese officials are bracing for more punitive measures in Donald Trump's final days in office.
from BBC News - Business https://ift.tt/3oBQx...
Terra Carta: Prince Charles asks companies to join 'Earth charter'
He wants businesses to do more to protect the planet as he marks 50 years of environmental campaigning.
from BBC News - Business https://ift.tt/38uLG...
Covid: Record number of small firms 'set to close'
Without more help to counter the pandemic, a quarter of a million firms could go, an industry body says.
from BBC News - Business https://ift.tt/3bnRW...
Greener planes of the future... or just pretty plans?
The aerospace industry is testing models of radical looking aircraft, but will they ever make it into production?
from BBC News - Business https://ift.tt/2MyAX...
Cladding flat owners told not to talk to press
The government says a draft agreement saying flat owners need its approval first is "standard".
from BBC News - Business https://ift.tt/2LCjj...
Online retailer Ocado warns of 'missing items' as suppliers cut choice
It said there may be "an increase of missing items and substitutions over the next few weeks."
from BBC News - Business https://ift.tt/3i0zm...
CES 2021: The tech expo swaps Vegas for a virtual show
How the giant tech showcase has swapped Vegas for a virtual event this year.
from BBC News - Business https://ift.tt/3bq3B...
Motorhomes 'missing' after rental firm collapsed
Lenders face big losses after the company went bust owing £7m, while some vehicles are "missing".
from BBC News - Business https://ift.tt/2K11r...
Saturday, January 9, 2021
Can onboard rollercoasters save the cruise industry?
The Mardi Gras is going overboard with new features to lure back passengers including a micro-brewery.
from BBC News - Business https://ift.tt/3q03N...
Friday, January 8, 2021
OECD: Lockdowns here to stay, even with vaccine plan
The economic think-tank tips a better economy in 2021 but success will depend on the vaccine rollout.
from BBC News - Business https://ift.tt/35pOW...
Lockdown lessons: The firms adapting and thriving
Three small businesses explain how they have adapted to cope with the pandemic over the past year.
from BBC News - Business https://ift.tt/38s2u...
Renters: Eviction ban in England extended for six weeks
Councils will also be given extra funding to accommodate rough sleepers, the government announces.
from BBC News - Business https://ift.tt/2XobV...
US hit as jobs fall for first time since April
The US economy lost 140,000 jobs in December, as rising coronavirus cases took a toll.
from BBC News - Business https://ift.tt/39dY6...
BA Holidays selling Caribbean departures for this weekend
Despite the UK in lockdown, and other tour firms halting operations, the company has departures this weekend.
from BBC News - Business https://ift.tt/3nosm...
Google Chrome browser privacy plan investigated in UK
The Competition and Markets Authority will explore whether Google is abusing its market dominance.
from BBC News - Business https://ift.tt/38qBF...
Soaring house prices in 2020 likely to slow this year, says Halifax
The lender says it expects "downward pressure on house prices" in 2021 following annual rise of 6% last year.
from BBC News - Business https://ift.tt/39bQL...
Asos to create 2,000 jobs at new Lichfield centre
The site in Lichfield will employ 2,000 people over the next three years, the fashion group says.
from BBC News - Business https://ift.tt/2Lc0D...
Marks & Spencer sees festive revenues slump
Modest growth in food sales fails to offset big declines in the retailer's clothing division.
from BBC News - Business https://ift.tt/3q0W9...
Thursday, January 7, 2021
Brexit: Problems grow at UK ports with backlogs and delays
Many retailers believe they will be paying taxes on exports of goods that are not fully made in Britain.
from BBC News - Business https://ift.tt/3pZLJ...
Apple and Hyundai announce electric car tie-up
The US tech titan joins forces with the Korean car company to develop self-driving vehicles.
from BBC News - Business https://ift.tt/3pZpl...
Coronavirus: Arrivals in England and will soon need negative test
The new measures are expected to come into effect in England early next week amid rising infections.
from BBC News - Business https://ift.tt/3hQXv...
Employment: Demand for UK workers 'picks up' in December
But firms may be hesitant to take on permanent staff during the Covid crisis, new research suggests.
from BBC News - Business https://ift.tt/2MLi4...
Food waste: 'I'll have to throw away £6,000-worth of milk'
While restaurants and shops have been given tax breaks, firms that supply them fear for the future.
from BBC News - Business https://ift.tt/3pSVO...
Covid tests for Channel hauliers to continue 'until further notice'
Lorry drivers will need a negative result to cross into France until further notice, the government says.
from BBC News - Business https://ift.tt/3opr6...
Boeing to pay $2.5bn over 737 Max conspiracy
Boeing is to pay $2.5bn to settle US criminal charges over 737 Max aircraft conspiracy - US Department of Justice.
from BBC News - Business https://ift.tt/3hOSx...
Meat factories warn Covid absences could hit supplies
Industry body calls for the early vaccination of workers to keep supply chains running smoothly.
from BBC News - Business https://ift.tt/3pYYc...
US backs down from tariffs over French tech giant taxes
The decision comes less than three weeks before US President Donald Trump is due to leave office.
from BBC News - Business https://ift.tt/2L1GW...
LVMH seals purchase of Tiffany after takeover fight
LVMH said it was installing new leadership at the US jeweller, including a son of its chief executive.
from BBC News - Business https://ift.tt/3bf9P...
US business leaders slam 'appalling' insurrection
Executives who have worked with US President Donald Trump have called for a peaceful transfer of power.
from BBC News - Business https://ift.tt/2MA5b...
Elon Musk becomes world's richest person as wealth tops $185bn
The Tesla and SpaceX owner replaces Jeff Bezos as the richest man on the planet.
from BBC News - Business https://ift.tt/3bhL3...
John Lewis among UK firms scrapping overseas deliveries
Department store chain John Lewis is one of many British businesses abolishing overseas deliveries.
from BBC News - Business https://ift.tt/3hTon...
National Express to suspend all services
The firm says tighter Covid restrictions and falling passenger numbers have prompted the decision.
from BBC News - Business https://ift.tt/38kFm...
Harvester-owner says it needs more cash to survive lockdown
The owner of pub chains Harvester and All Bar One says current restrictions cost it up to £40m a month.
from BBC News - Business https://ift.tt/38nkY...
'New York is not dead, but it is on life support'
Has the coronavirus pandemic hurt America's fragile urban revival - or killed it?
from BBC News - Business https://ift.tt/2JVgo...
Ryanair cuts flight schedule amid new lockdowns
The airline warns few, if any, flights will operate to or from Ireland or the UK from the end of January.
from BBC News - Business https://ift.tt/3pXy9...
Sainsbury's sees sales surge over Christmas
The supermarket giant reports a bumper Christmas, with sales up 9.3% for the festive trading period.
from BBC News - Business https://ift.tt/3s3dV...
Brexit: UK-Ireland lorry traffic at Holyhead port slumps
Lorry traffic between Holyhead and Dublin is down to about one-third of usual capacity.
from BBC News - Business https://ift.tt/3opfR...
Wednesday, January 6, 2021
Game maker Roblox's value rockets seven-fold during pandemic
The online game maker is now pushing ahead with a shares debut after securing fresh funding.
from BBC News - Business https://ift.tt/3omzh...
NYSE in a spin over Chinese telecoms delistings
The New York stock exchange has sparked confusion over its reversal on ejecting the three firms.
from BBC News - Business https://ift.tt/2LcCA...
British Gas staff start five-day strike over pay
Owner Centrica says it will prioritise vulnerable households and emergencies during the walkout.
from BBC News - Business https://ift.tt/2MG0y...
Government vows to end complex leasehold costs
The proposals should help those with shorter leases fearing bills of many thousands of pounds.
from BBC News - Business https://ift.tt/3s90I...
Lockdown: 'I've borrowed £4m just to remain closed'
The new lockdown has pushed pubs and restaurants into yet more debt, some of which may never be repaid.
from BBC News - Business https://ift.tt/396In...
Social media giants remove Trump video
YouTube, Google and Facebook have taken his message to protesters down due to false allegations.
from BBC News - Business https://ift.tt/2JV1a...
Elon Musk's guide to getting ahead in business
Six principles that have helped Elon Musk become one of the richest people on the planet.
from BBC News - Business https://ift.tt/2LbHi...
Amazon plots a course into the healthcare industry
Amazon has moved into the pharmacy business and analysts see further moves into healthcare.
from BBC News - Business https://ift.tt/3pUYc...
Little action at Trump auction for Arctic oil rights
An Alaska state agency emerged as the main bidder at the sale, which was opposed by environmentalists.
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McDonald's pauses walk-in takeaways in lockdown
Drive-through and delivery services will still be available while it reviews its safety procedures.
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Nvidia takeover of chip designer Arm investigated
The Competition and Markets Authority will look at the deal for the firm whose chips power most smartphones.
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Amazon pledges billions for affordable homes in US
The effort comes as housing prices have skyrocketed, creating an affordability crisis.
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Fraudsters use Covid and social media to peddle scams
One scam tells recipients they are "eligible to apply for your vaccine" with a link to a bogus NHS website.
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Covid: What are the rules for pubs and restaurants across the UK?
Pubs and restaurants across the UK are currently closed, but can offer some takeaways.
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Shoppers told not to buy more than normal
Stores seek to reassure shoppers that there is no need to bulk-buy in new lockdown.
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Covid: Grand Central and Hull Trains suspend services for a third time
It is the third time Grand Central and Hull Trains have temporarily stopped services.
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Greggs 'will not bounce back until 2022'
Bakery chain says profits not expected to return to pre-Covid levels until 2022 at the earliest.
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Neil Young sells song rights in '$150m' deal
Investment company Hipgnosis buys a half share of 1,180 songs by the Canadian folk rocker.
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Tuesday, January 5, 2021
Lai Xiaomin: Criticism of death sentence on former Chinese tycoon
The harsh penalty for a former finance chief is a "major step backwards" says human rights activists.
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M&S signs call to action over Uighur forced labour
M&S said it was important to encourage other companies to examine their clothing supply chains .
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Trump bans Alipay and seven other Chinese apps
The latest executive order by the US president will only take effect after he has left office.
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Coronavirus: Arrivals in UK could soon need negative test
The government says it is considering the move to prevent the virus spreading "across the UK border".
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UK new car registrations in 2020 sink to 30-year low
New 2020 car registrations sink to a 30-year low and see biggest one-year drop since the Second World War
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Covid: 12 life tasks in lockdown - what has changed?
From registering a birth to getting a plumber. not everything is the same as during the first lockdown.
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FTSE 100 chief executives 'earn average salary within 3 days'
FTSE 100 bosses will earn more in the first three days of this week than the average workers' annual wage.
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CEO Secrets: 'Try bartering to kickstart your business'
The boss of an advertising screens company says he used barter to get a prime London office location.
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TalkRadio: YouTube kicks channel off its platform
The Google-owned video-hosting service has yet to give a reason for its action.
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Honda's Swindon factory temporarily suspends production
The car manufacturer blames global supply delays for the latest disruption at its Swindon factory.
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Covid: Can my boss force me to go to work?
As England and Scotland enter new coronavirus lockdowns, what are the rules about going to work?
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Train services set to be reduced in lockdown
Some in the industry are anticipating reductions of between 50-60% of normal service.
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Tui and Thomas Cook cancel bookings as lockdowns begin
Tui and Thomas Cook cancel holidays after new coronavirus restrictions are imposed.
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Paperchase on the brink of administration
The stationery chain which has 127 stores and around 1,500 employees says shop closures hit it hard.
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Government offers firms new grants to survive lockdown
Businesses in retail, hospitality and leisure will receive new grants to help them keep afloat.
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Morrisons' sales boosted by early Christmas shopping
The supermarket saw strong trading over the key Christmas period, with a big jump in sales of champagne.
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Monday, January 4, 2021
Australian advert of man eating bat sandwich investigated
Australia's advertising watchdog says it has received a number of complaints from viewers.
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NYSE scraps plans to delist Chinese telecoms giants
The New York Stock Exchange has made a U-turn following "further consultation" with regulators.
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Supermarket websites feel the strain of new lockdown
Shoppers rush to secure online delivery slots as demand surges following news of another lockdown.
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Covid exercise: 'I'll never go back to the gym again'
An explosion in fitness tech means not everyone will be rushing back to gyms when they can reopen.
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New York transit workers: 'We don't get respect'
A subway conductor and a bus driver in New York share their stories of working during the pandemic.
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UK 'cannot duck' post-Covid inequalities
A growing divide over education, jobs, and ethnicity threaten the fabric of society, says Nobel laureate's study.
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Lockdown: 'The road to recovery just got longer'
Business leaders call for more financial help as the lockdown plunges more firms into a fight for survival.
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UK expats prevented from returning home to Spain
UK nationals resident in Spain say they were wrongly turned back when their flight landed in Barcelona.
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Google workers form tech giant's first labour union
The group of more than 200 engineers say Google must live up to its 'Don't be evil' pledge.
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Mortgage lending surges to 13-year high
A stamp duty holiday, which expires in March, sparked a flurry of homebuying activity.
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Virgin Media broadband price rises of up to £54 in 2021
Virgin Media says customers will see bills go up 4% on average, between £30 and £54 a year for most.
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EU firms refuse UK deliveries over Brexit tax changes
Some specialist firms across the EU are no longer delivering to the UK because of Brexit tax changes.
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Covid: Can I go on furlough and how much will I be paid?
More people are now eligible for furlough, with the scheme extended until April 2021.
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FTSE 100 rallies amid Covid vaccine rollout
Shares surge on the first day of trading in 2021 as the rollout of the second vaccine gets under way.
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Amazon's Jeff Bezos: The richest person in the world
As 2020 ended, Jeff Bezos's wealth was estimated to be more than $185bn (£135bn), after he made tens of billions during the Covid-19 pandemic.
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Circus ring mistress 'grateful' for food banks in lockdown
Olympia Posirca never thought she would have to rely on food banks but is grateful that they got her through 2020.
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Sunday, January 3, 2021
Fiat Chrysler and PSA merger faces final hurdle
The deal will create the world's fourth biggest car maker and lead to major savings for the new group.
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MGM Resorts 'looking' to buy' Ladbrokes owner Entain
The reported move is the latest attempt by a casino operator to tap into the online gambling boom.
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'Furlough mums and dads while schools are off' says TUC
Trades unions urge bosses to support parents trying to balance work and childcare.
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Saturday, January 2, 2021
Bitcoin value surges past $30,000 (£22,000) for first time
The cryptocurrency has continued to soar in value just weeks after hitting $20,000 for the first time.
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Friday, January 1, 2021
Adobe Flash Player is finally laid to rest
The beleaguered web browser plug-in will no longer receive security updates from Adobe.
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