Two million more people paying higher rate tax

The number of workers in higher income tax bands has risen by almost two million in three years, says HMRC.

from BBC News - Business https://ift.tt/xHGUrtg

Thousands of BT workers vote to strike over pay

The company says it is disappointed and will work to keep the country connected if walk outs go ahead.

from BBC News - Business https://ift.tt/q4AQuZ2

Halifax says pronoun badge critics can close accounts

The bank tells customers who object to pronouns on name badges they are welcome to close their accounts.

from BBC News - Business https://ift.tt/migxhEy

Post Office scandal victims victims to get more money

More than 500 subpostmasters are to get an interim payment from the government worth around £40,000 each.

from BBC News - Business https://ift.tt/DShOcXK

Ben & Jerry's criticises resumption of sales in Israeli settlements

The ice cream maker is unhappy with Unilever's deal to continue sales in the occupied West Bank.

from BBC News - Business https://ift.tt/GvwWV1f

Ghost broking: Young and vulnerable people targeted by insurance scam

There's a warning to "safeguard personal finances against fraud" amidst the cost of living crisis.

from BBC News - Business https://ift.tt/1biZFrk

Israel welcomes Ben & Jerry's reversal over West Bank settlements

Unilever agrees a deal to continue selling the ice cream throughout Israel and the occupied West Bank.

from BBC News - Business https://ift.tt/GvwWV1f

Farmers cut food production as costs soar

Soaring costs are forcing farmers to cut back on food and milk production.

from BBC News - Business https://ift.tt/2VFoU10

Boeing shareholders reach settlement in 737 MAX board oversight suit

Boeing shareholders reach settlement in 737 MAX board oversight suit

Heinz products off Tesco shelves after pricing dispute

The beans, sauce and soup-maker is pausing supply to the UK's largest supermarket in a wrangle over price rises.

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Steel import tariffs extended for two years

Controls have been extended because of "global disruptions" to energy markets, the government says.

from BBC News - Business https://ift.tt/r6piI0O

Nearly five million fewer donating, says charity sector

Nearly five million fewer people are donating in the UK compared to 2019, a survey suggests.

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Rail workers outdated, says Transport Secretary

Union rejects comments by Grant Shapps suggesting that updates are needed to railway working practices.

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Poundland boosts £1 products in battle for shoppers

The discount chain says it is seeing a rise in customer numbers as people seek savings.

from BBC News - Business https://ift.tt/Gm8K1Tb

UK decides AI still cannot patent inventions

Many experts doubted AI was currently able to invent without human assistance, a consultation found.

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Walgreens abandons Boots sale after market turmoil

The owner of the UK pharmacy chain says no buyer was able to make an adequate offer.

from BBC News - Business https://ift.tt/MouK2kl

Camelot says people buying fewer scratch cards as living costs rise

The company says there are signs consumers have "tightened their belts" as living costs rise.

from BBC News - Business https://ift.tt/hvMt8g6

Businesses urged to slash prices by cost of living tsar

David Buttress will launch a taxpayer-funded campaign after asking business to come up with ideas to help consumers.

from BBC News - Business https://ift.tt/i9FSGRh

Miami mayor to accept salary in bitcoin: 'We're not going to be enforcing it'

Miami mayor to accept salary in bitcoin: 'We're not going to be enforcing it'



Miami Mayor Francis Suarez explains what prompted him to want to accept his entire salary in bitcoin.

Lower energy bill plan for avoiding peak-time use

Some households could get discounts for using less energy at peak times under National Grid's scheme.

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Landlord warning over tenant eviction laws in Scotland

The Scottish Parliament will decide whether emergency Covid powers should be made permanent.

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Hobbycraft to open three new stores as profits rise

Hobbycraft sees a rise in profits in the 2022 financial year but predicts a "challenging" future.

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Japan urges 37 million people to switch off lights

Officials have asked people in Tokyo and its surrounding area to turn off lights amid a heatwave.

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G7 summit: Leaders detail $600bn plan to rival China's Belt and Road initiative

The revamped plan will see fresh funds being injected into development projects in Asia and Africa.

from BBC News - Business https://ift.tt/RliMkfq

Boris Johnson signals controls on steel imports to stay

The government says the move would protect British producers at a time of rising energy costs.

from BBC News - Business https://ift.tt/QcTbSNI

Thousands of PwC staff to get 9% pay rise to offset cost of living

The accountancy firm's chairman Kevin Ellis says the company "can't ignore market pressures".

from BBC News - Business https://ift.tt/1PEzAOU

Roe v Wade: US firms pledge to pay staff travel expenses for abortions

Disney, JP Morgan and Meta are among the companies to confirm such policies after the Roe v Wade ruling.

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Hajj travellers unable to fly due to ticket delay

Some British Muslims who booked pilgrimages to Mecca could not fly after problems with a new system.

from BBC News - Business https://ift.tt/UYu1bkz

Ukraine war: UK joins ban on imports of Russian gold

The move by the UK, US, Canada and Japan will "strike at the heart of Putin's war machine", the UK PM says.

from BBC News - Business https://ift.tt/H0xAWeY

Russia on brink of default as debt deadline looms

The country is close to its first default since 1998 as sanctions block payments to creditors

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Rail strikes: Travellers braced for third day of disruption

People are advised to only travel by train if necessary, with just a fifth of services running.

from BBC News - Business https://ift.tt/ZXH4eFW

Rail strikes: Travel disruptions continue after talks to stop third walkout fail

People are told to make only necessary journeys, with one in five services running on Saturday.

from BBC News - Business https://ift.tt/mcEqt3z

Row over M&S plan to redevelop flagship store

The government is calling a review of the plans which include a smaller shop, offices and a gym.

from BBC News - Business https://ift.tt/ec7UNAq

Profit miss and Portnoy allegations taint Penn National shares

Profit miss and Portnoy allegations taint Penn National shares



Penn National Gaming’s stock plunged 21% in trading Thursday following a lukewarm earnings report and the publication of an article accusing Barstool Sports founder Dave Portnoy of sexual misconduct.

Risk of further BA strikes as more staff consulted

The airline's engineers and call centre workers in the UK are being consulted over industrial action.

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Robinsons ends Wimbledon sponsorship after 86 years

The soft drink has had a partnership with the tennis championships since the mid-1930s.

from BBC News - Business https://ift.tt/sfqJGYU

Brock Pierce praises NYC mayor-elect, Miami mayor for leading US into the future with Bitcoin

Brock Pierce praises NYC mayor-elect, Miami mayor for leading US into the future with Bitcoin



Bitcoin Foundation Chairman Brock Pierce on world and U.S. state leaders implementing Bitcoin into daily life and the impact it will have in the future.

NYC Mayor-elect Eric Adams wants to be paid in bitcoin

NYC Mayor-elect Eric Adams wants to be paid in bitcoin



Bitcoin Foundation Chairman Brock Pierce discusses NYC Mayor-elect Eric Adams embracing the cryptocurrency and its impact on the world.

Nvidia riding Metaverse wave with crucial chip production

Nvidia riding Metaverse wave with crucial chip production



U.S. Bank wealth management CIO Eric Freedman and Sarge986 president Stephen Guilfoyle weigh in on tech sector movement.

NASA restricting use of SpaceX Dragon spacecraft toilet for Crew-2 astronauts

NASA restricting use of SpaceX Dragon spacecraft toilet for Crew-2 astronauts



NASA's Crew-2 astronauts will be unable to use the toilet on SpaceX's Dragon spacecraft when they return home from the International Space Station in November.

Miami mayor to accept salary in bitcoin: 'We're not going to be enforcing it'

Miami mayor to accept salary in bitcoin: 'We're not going to be enforcing it'



Miami Mayor Francis Suarez explains what prompted him to want to accept his entire salary in bitcoin.

Hundreds of British Airways staff vote to strike over pay

About 700 workers at Heathrow Airport vote in favour of industrial action during the summer holidays.

from BBC News - Business https://ift.tt/d2WTFLM

Biden admin's COVID vaccine, testing 'action' will help get people back to work: US labor secretary

Biden admin's COVID vaccine, testing 'action' will help get people back to work: US labor secretary



Labor Secretary Marty Walsh argued on Friday that the “fear” of the coronavirus pandemic contributes to lackluster labor participation.

Germany takes step closer to gas rationing

The country has triggered the "alarm" stage of its emergency gas plan after drop in Russia supplies.

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Chinese man jailed for sexual assault of Alibaba employee on work trip

The woman was assaulted after being made to drink on a work trip, and then fired after going public.

from BBC News - Business https://ift.tt/IFzamiO

Twitter tests 'notes' feature with 2,500 word limit

The trial will let some users share "notes" beyond the normal 280-character limit for posts.

from BBC News - Business https://ift.tt/piPKRCF

Rail strike: Thursday walkout to go ahead as talks collapse

Transport Secretary Grant Shapps says the RMT union's claim that he wrecked talks is "a total lie".

from BBC News - Business https://ift.tt/1twNn78

Ford chooses Valencia for new electric car plant

The US automaker warns of "significant" job losses as part of its changing strategy.

from BBC News - Business https://ift.tt/xwS5vQo

President Biden urges petrol tax 'holiday' as fuel prices bite

Analysts say suspending the tax would do little to lower costs for people at the pump.

from BBC News - Business https://ift.tt/FxtO6dG

Will my summer holiday flights be cancelled?

Aviation workers across Europe have voted to strike this summer, which could cause more disruption.

from BBC News - Business https://ift.tt/yoU4P5n

Chancellor Rishi Sunak defends likely pensions rise

There's criticism of the move as ministers warn workers not to expect pay rises to match increasing costs.

from BBC News - Business https://ift.tt/EmU9bps

Call to extend electrical safety checks to social housing

A charity says mandatory checks in England's private rental sector had unearthed thousands of serious hazards.

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Bayer: US Supreme Court rejects chemical maker's weedkiller appeal

The chemical maker is facing thousands of lawsuits over the risks of its Roundup weedkiller.

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Rail strikes: 'Working from home just isn't an option'

Despite the rise in working from home in the pandemic, nearly half of workers in Britain commute each day.

from BBC News - Business https://ift.tt/KA5yZNI

Easyjet Spain cabin crew set to strike in July

Flight attendants may walk-out for nine days in July, adding to holiday woes for travellers.

from BBC News - Business https://ift.tt/0szIq1x

Brewdog approached Heineken about partial sale

Brewdog’s CEO was involved in preliminary discussions in 2018 about a potential sale of part of the beer firm.

from BBC News - Business https://ift.tt/l7KLvA0

Cost of living: Rolls Royce staff to get £2,000 payment

More than 14,000 workers could get a one-off sum after firm holds talks with union.

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US ban on imports from China's Xinjiang to take effect on Tuesday

Officials believe many Uyghurs have been forced to work at factories in the landlocked territory.

from BBC News - Business https://ift.tt/SvEyMqo

'Rail strikes have lost us £500,000 of bookings'

Businesses, commuters and pupils sitting exams anticipate disruption from this week's train strikes.

from BBC News - Business https://ift.tt/5EtwD21

New rules proposed for buy now pay later

The loans are used by millions but ministers want checks on affordability and clearer advertising.

from BBC News - Business https://ift.tt/j4Ilib9

Primark finally goes online in new click-and-collect trial

The retailer will trial click-and-collect at stores after long resisting selling on the internet.

from BBC News - Business https://ift.tt/gEVCXq1

Rail strike: Travellers face reduced service ahead of rail strikes

Last-minute talks are due to take place, but passengers are advised to avoid travel as services prepare to wind down.

from BBC News - Business https://ift.tt/3aD5nio

EasyJet to cut more flights over summer holidays

The airline has scaled back its plans after major airports announced caps on flight numbers.

from BBC News - Business https://ift.tt/Alkrvwc

Ukraine war: Russia becomes China's biggest oil supplier

Chinese energy giants have been ramping up imports of heavily discounted Russian oil in recent months.

from BBC News - Business https://ift.tt/7THmXb4

Global inflation: Five ways US rate rise will affect you

The impact of higher interest rates in the US will cascade through the global economy.

from BBC News - Business https://ift.tt/5OsFkd9

Energy bills: Watchdog plans to prevent company closures

Ofgem says it wants to help energy firms be more resilient and better protect consumers if they do fail.

from BBC News - Business https://ift.tt/ABcvZCt

Train strikes: Dispute still resolvable, says industry boss

More talks between management and unions are expected on Monday - the day before strikes begin.

from BBC News - Business https://ift.tt/pRSFvdC

Rail strikes will punish innocent people, transport secretary says

But union leaders blame politicians for failing to stop the strikes, which will begin on Tuesday.

from BBC News - Business https://ift.tt/C0WuN2D

Interest-free loan scheme aims to reach 20,000 people

People struggling with their finances can access small, zero-cost loans as part of a nationwide trial.

from BBC News - Business https://ift.tt/rCJWv8m

Companies must help cut living costs, says new cost of living tsar

The government's new cost of living tsar says he wants "old friends and colleagues... to help the British people".

from BBC News - Business https://ift.tt/Iy3p5zT

Big Tech must deal with disinformation or face fines, says EU

Tighter EU rules will demand firms such as Google and Meta tackle disinformation on their platforms.

from BBC News - Business https://ift.tt/RXBzLQM

Big pay rises could push prices up, says minister

Treasury minister Simon Clarke warns bosses to be "very careful" in setting wage increases.

from BBC News - Business https://ift.tt/C2dRAPc

Italy's Eni says Russian gas supply cut by half

Energy firm Eni says it will only receive half the gas requested from Russia after two days of shortfalls.

from BBC News - Business https://ift.tt/Lg72HDm

WTO agrees deals on Covid vaccines and overfishing

The World Trade Organization announces a raft of agreements after five days of negotiations.

from BBC News - Business https://ift.tt/NMbzGw3

Markets slide as rate rises fuel economy fears

The Dow Jones share index closed below 30,000 at its lowest level in more than a year.

from BBC News - Business https://ift.tt/oYx9fig

State Department offering multimillion-dollar rewards to help track down, arrest DarkSide ransomware leaders

State Department offering multimillion-dollar rewards to help track down, arrest DarkSide ransomware leaders



The agency will offer up to $10 million for information leading to the identification or location of any individual who "hold a key leadership position" in DarkSide and up to $5 million for information leading to the arrest or conviction of any individual conspiring or attempting to participate in a "DarkSide variant ransomware incident."

Gazprom: Russian gas boss says 'our product, our rules' in supply row

It comes after energy firms in Germany, Italy and Austria report big falls in Russian gas supply.

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UK interest rates raised to 1.25% by Bank of England

The Bank of England increases rates to 1.25% as it tries to stem the pace of rising prices.

from BBC News - Business https://ift.tt/E7rb4zD

Rail strikes will drive passengers away, Grant Shapps says

Losing passengers will endanger thousands of rail jobs, the transport secretary says.

from BBC News - Business https://ift.tt/UoTLAcJ

Apple battery row: Millions of iPhone users could get payouts in legal action

The tech giant is accused of secretly slowing down the performance of older models.

from BBC News - Business https://ift.tt/9vUbzJM

Weak pound puts the squeeze on holiday spending

Sterling has been sliding against the dollar and euro making overseas travel budgets tighter.

from BBC News - Business https://ift.tt/A4DGh8O

Petrol prices hit new highs every day for a month

The RAC calls for more government action to ease inflation and pressure on motorists.

from BBC News - Business https://ift.tt/noRuY6U

Heineken says Father's Day beer contest is a scam

A message circulating on WhatsApp offering the chance to win beer is a phishing scam, Heineken says.

from BBC News - Business https://ift.tt/98e3F2v

Harry Potter publisher Bloomsbury says reading boom here to stay

Bloomsbury says the pandemic surge in reading appears to be permanent, as it reports bumper profits.

from BBC News - Business https://ift.tt/pcNZzvr

Cost of living: Families can help pensioners claim benefits

Relatives should check pensioners are making claims as an estimated 850,000 households are missing out.

from BBC News - Business https://ift.tt/QPNOElY

Millions to get first cost-of-living payment from 14 July

More than eight million UK homes will get the first of two cost-of-living payments totalling £650.

from BBC News - Business https://ift.tt/br6eTId

Ryanair Afrikaans test: Airline drops controversial South African quiz

Boss Michael O'Leary responds to the row by saying that the quiz "doesn't make sense anymore".

from BBC News - Business https://ift.tt/CKYhM8q

Warning air travel staff issues will last into summer

Staff shortages which disrupted flights recently are unlikely to be fixed soon, firms and unions say.

from BBC News - Business https://ift.tt/r3eq05c

What's happening to Bitcoin?

The value of Bitcoin is at an 18-month low, as the cryptocurrency market continues to tumble.

from BBC News - Business https://ift.tt/kpZFOri

Ending of electric car grants sparks backlash

Motoring and car industry groups criticise the government's decision to end the plug-in subsidy scheme.

from BBC News - Business https://ift.tt/9zltCev

Rail strikes: Thousands more workers to vote on action

The strikes could be held from July 25 and threaten to add to summer travel disruption.

from BBC News - Business https://ift.tt/7kVphS3

Disney's Buzz Lightyear film banned by UAE

Disney's Toy Story spin-off, which contains a same-sex kiss, won't be shown in the country's cinemas.

from BBC News - Business https://ift.tt/6Ezi1S3

Why is inflation in US higher than elsewhere?

A surge in government spending drove US inflation to the highest of advanced economies last year.

from BBC News - Business https://ift.tt/0fxzRgc

Europe is prepping for a trade war no-one wants

In the EU, the contingencies for a trade war with the UK are being put in place

from BBC News - Business https://ift.tt/k1d2Ilu

Amazon to begin drone deliveries in Lockeford, California this year

The shopping giant hopes to deliver parcels to shoppers by air for the first time later in 2022.

from BBC News - Business https://ift.tt/9ocEdVM

Ukraine war: Russia earns $97bn on energy exports since invasion

A report warns of potential loopholes in efforts to limit use of Russian oil and gas.

from BBC News - Business https://ift.tt/XL93OdD

Lloyds Bank staff to get £1,000 to help with cost of living

More than 64,000 workers at the bank will get a one-off payout, following a campaign by the Unite union.

from BBC News - Business https://ift.tt/t3XPSK9

UK economy shrinks as firms battle higher prices

The economy contracted by 0.3% in April after it shrank by 0.1% in March, official figures show.

from BBC News - Business https://ift.tt/PGfBjCI

South Korea lorry driver strike hits car and steel producers

Thousands of truckers have stopped work over their demands for more pay as they face rising fuel costs.

from BBC News - Business https://ift.tt/NXrsWtF

Cost of living: Stock markets slide over global economy concerns

It comes as official figures showed that US inflation hit a more than 40-year high last month.

from BBC News - Business https://ift.tt/MZfToOY

UK farmers turn to Nepal and Tajikistan for fruit pickers

No longer able to rely on workers from places like Ukraine, the UK is recruiting from further afield.

from BBC News - Business https://ift.tt/scpCkrn

Dragons' Den star Hilary Devey dies aged 65

Hilary Devey died at her holiday home in Morocco after a long illness, her publicist confirms.

from BBC News - Business https://ift.tt/N8cF5wO

Fuel prices: Petrol stations face urgent review of fuel duty cut

The business secretary wants to know if a 5p fuel duty cut is being passed on quickly enough to drivers.

from BBC News - Business https://ift.tt/RTUE8mD

Russia unveils 'tasty' McDonald's substitute

The fast food outlets are rebranded as "Tasty and that's it" after the burger giant pulled out.

from BBC News - Business https://ift.tt/meMBbPi

Hajj-Muslim pilgrims face losing out from online booking to Mecca

The Saudi government wants Muslims to book online for Mecca but many have already paid tour agents.

from BBC News - Business https://ift.tt/Chn0Xq8

Rail strike: Agency staff could cover future disruption

The transport secretary says he is preparing to overhaul rules, as rail workers prepare to walk out.

from BBC News - Business https://ift.tt/HGzUhm1

Aukus: Australia to pay €555m settlement to French firm

The €555m settlement draws a line under a row that threatened to torpedo EU-Australia trade talks.

from BBC News - Business https://ift.tt/a4tfxR1

Forecourt fuel thefts rise as petrol prices soar

There has been an increase in motorists driving off without paying or claiming they have no wallet.

from BBC News - Business https://ift.tt/Dlbn0WU

Fuel price rises hit ice cream van trade

Rising fuel prices will cost ice cream van owners their livelihoods, according to a trade body.

from BBC News - Business https://ift.tt/fDyijA6

Amazon unveils job tool for military spouse employees

Amazon unveils job tool for military spouse employees



EXCLUSIVE: Amazon on Thursday launched a new tool that will allow its military spouse employees to keep their jobs after they move on military orders.

Airports told to stop failing disabled passengers

Some flyers have been left waiting hours for help getting off planes, the UK regulator says.

from BBC News - Business https://ift.tt/FbJkwmM

Covid: US to drop test requirement for air travellers

The change, which comes into effect on Sunday, comes after pressure from the travel industry.

from BBC News - Business https://ift.tt/IqCQgPF

Worried households cut back on energy and food

Official data reveals heightened concern among households about the rising cost of living.

from BBC News - Business https://ift.tt/4S5nD9t

Energy and food drive US inflation to highest for 40 years

Rising energy and food costs pushed inflation to 8.6% in May, the highest rate in more than 40 years.

from BBC News - Business https://ift.tt/sZQK8HM

Morrisons raises pay as stores battle for staff

The UK's fourth largest supermarket says it will pay a minimum of £10.20 per hour to its workers.

from BBC News - Business https://ift.tt/ZezWkmF

Rishi Sunak accused of wasting £11bn servicing government debt

Chancellor Rishi Sunak has been caught out by interest rate rises, a research institute says.

from BBC News - Business https://ift.tt/8Wzxbju

Covid-19: Japan reopens to tourists - but with strict rules

The once-popular Asian destination has some of the world's toughest Covid-19 restrictions.

from BBC News - Business https://ift.tt/FBQr0iW

Wizz Air boss sparks backlash over fatigue request

Airline chief Jozsef Varadi called on staff to work when tired to stop flight cancellations.

from BBC News - Business https://ift.tt/WNiveDn

Train drivers to join other rail workers on strike

Aslef union members will walkout over over pay after RMT announced 40,000 members would strike.

from BBC News - Business https://ift.tt/BaouDcz

Fuel cost: How to save petrol and diesel

With filling up an average car now costing £100, are drivers doing the right things to save money?

from BBC News - Business https://ift.tt/Ec4GMy8

Eurozone interest rates set to rise for first time in 11 years

The European Central Bank will increase rates in July as it tries to control soaring inflation.

from BBC News - Business https://ift.tt/ceHGoCa

Landlady gives up pub as quarterly energy bills near £30,000

Many businesses are grappling with rising costs at a time when consumers are watching their finances.

from BBC News - Business https://ift.tt/7iwUfGz

Ryanair Afrikaans test: Airline stands by South African language quiz

Many South Africans are outraged about the test in Afrikaans, because of its links to apartheid.

from BBC News - Business https://ift.tt/daf5vMo

TikTok probes claims of aggressive work culture

A senior executive at the firm allegedly said he "didn't believe" in maternity leave.

from BBC News - Business https://ift.tt/5hKpaSl

UK economy to have zero growth next year, predicts OECD

The UK is set to see the slowest growth in the G7 countries of US, Canada, Germany, Japan, France and Italy.

from BBC News - Business https://ift.tt/LXZH2hY

EU sets date for common phone charge cable

The EU has provisionally agreed new mobile devices must, by autumn 2024, use the same type of charger.

from BBC News - Business https://ift.tt/aC2heSw

Buy now, pay later: Warning over use of credit cards to cover payments

Millions of young shoppers are borrowing money to make buy now pay later repayments, says Citizens Advice.

from BBC News - Business https://ift.tt/wFAb3V9

HS2: Government scraps plans for £3bn West Coast Main Line link

Rail bosses react angrily to the scrapping of plans for the line in Cheshire and Greater Manchester.

from BBC News - Business https://ift.tt/7VxbrWm

Railway workers to strike over three days in June

The action planned for 21, 23 and 25 June is being dubbed the "biggest rail strike in modern history".

from BBC News - Business https://ift.tt/DGFe58b

World Bank warns of recession risk due to Ukraine war

Many countries around the world, including many in Europe, are expected to face recession, it says.

from BBC News - Business https://ift.tt/njSiQXK

Apple announces buy now pay later, among iOS 16 plans

The tech giant is introducing the controversial service as part of its iOS 16 update.

from BBC News - Business https://ift.tt/S4izcmX

Stuck Brits scramble to get home after axed flights

Many travellers are taking drastic action to get home after being stranded due to flight cancellations.

from BBC News - Business https://ift.tt/zvIE6CG

Rangers, JD Sports and Elite Sports accused of fixing kit prices

UK competition watchdog warns Rangers, JD Sports and Elite Sports can expect fines if found guilty.

from BBC News - Business https://ift.tt/FCzUXYu

South Africa: Wealthy Gupta brothers arrested in UAE

The pair are accused in South Africa of large-scale corruption and exerting unfair political influence.

from BBC News - Business https://ift.tt/s1aJiPr

Shoppers spent less for second month in a row, says BRC

Shoppers are buying footwear and beauty items, but not furniture and electronics, new figures suggest.

from BBC News - Business https://ift.tt/1C9AumR

Revolut's banking app down after crashing

The fintech firm says it is working to fix the problem "as soon as possible".

from BBC News - Business https://ift.tt/X8AI4Gc

Elon Musk threatens to walk away from Twitter deal

The billionaire accuses the company of "thwarting" his requests to learn more about spam accounts.

from BBC News - Business https://ift.tt/0AMErY9

Cancelled flights fuel summer holiday fears

Travel agents say staff are dealing with calls from holidaymakers anxious about their plans.

from BBC News - Business https://ift.tt/g7kUirv

Fuel prices surged over bank holiday break, says RAC

Petrol costs surged over the past week and could soon hit 180p a litre, the motoring body says.

from BBC News - Business https://ift.tt/GA8rHPN

Ryanair Afrikaans test: South African fury over language quiz

South Africans flying on Ryanair must take a test in the Afrikaans language to prove their nationality.

from BBC News - Business https://ift.tt/IsMl2UZ

Talks to resolve ScotRail pay dispute resume

The dispute has had a major impact on services after drivers refused to work on their rest days.

from BBC News - Business https://ift.tt/SFJ89if

Gatwick Airport apologises to disabled passenger left on plane

Victoria Brignell was forced to wait for an hour and a half before being assisted from the plane.

from BBC News - Business https://ift.tt/EKxpvZ9

London Metal Exchange sued for $456m over cancelled nickel trades

Fund manager Elliott Associates claims that cancelling trades of the metal in March was "unlawful".

from BBC News - Business https://ift.tt/xgTzV4s

Mercedes recalls almost 1m cars over faulty brakes

The German car maker said the brakes of some older cars may be affected by "advanced corrosion".

from BBC News - Business https://ift.tt/0rgyh6N

The workers getting 100% pay for 80% of the hours

The biggest ever trial of a four-day week gets under way with up to 70 firms taking part.

from BBC News - Business https://ift.tt/310CKp6

Flight cancellations: Children and teachers stranded abroad as school starts

Hundreds of flights cancelled over the half-term break mean some pupils are missing the start of school.

from BBC News - Business https://ift.tt/tiCW3oB

Love Island stylist curates second-hand wardrobe for show

For the first time, ITV's Love Island contestants will be dressed in pre-owned clothes.

from BBC News - Business https://ift.tt/WI78cjD

Shortage of homes to rent leads to tenant bidding wars

Tenants are going to great lengths to secure a home from offering big deposits to sharing photos of their dogs.

from BBC News - Business https://ift.tt/Zduc6ks

Easyjet cancels 80 flights as travel disruption continues

Airlines continue to cancel flights as travel secretary says industry must solve labour shortages.

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Post Office strike: Workers to walk out over pay dispute

More than 110 Post Offices close for 24 hours as staff walk out in a dispute over pay.

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Ukraine war: Marriott hotel chain to leave Russia after 25 years

Marriott says Western sanctions have made it "impossible" to continue to remain in Russia.

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London's iconic Camden Market put up for sale

The market's billionaire owner is reportedly hoping a deal will net him as much as £1.5bn.

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US firms add more jobs than expected in May

Key data shows that employers added 390,000 jobs while the jobless rate stayed at 3.6%.

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Ukraine lifts interest rate to highest in Europe

In a bid to fight off high inflation, the war-torn country's central bank has lifted borrowing costs.

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Shoppers not returning to Scotland's stores

Scottish shopper footfall was 16.4% down on the same month in the year before the pandemic.

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Investors seek millions from Woodford fund collapse

A claim representing 1,500 investors wants £18m from the 'referee' of Neil Woodford's fund.

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Chicken rice: Why Singapore's much-loved dish is under threat

The city state is feeling the impact of Malaysia's export curbs on chicken.

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Travel industry plea for overseas workers rejected

The government rejects firms' request for special visas to fill thousands of vacancies before summer.

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Passengers advised to fly with just one bag

Travellers should not check-in luggage to avoid delays at airports, say industry figures.

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Elon Musk declares end to remote working at Tesla

Staff unwilling to abide by new rules can "pretend to work somewhere else", the Tesla boss says.

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Cost of Living: SSE Airtricity gas price to rise by 42.7%

The company's new increase in gas prices follows a 33% rise in electricity prices on Wednesday.

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Why are flights being cancelled?

There has been significant disruption at UK airports, with flights cancelled and long queues at airports.

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Travel disruption continues as 150 flights cancelled

Airlines and operators have "seriously oversold flights", Transport Secretary Grant Shapps says.

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