There were fears Britishvolt could run out of money after the government refused to advance funding.
from BBC News - Business https://ift.tt/30e4J...
Monday, October 31, 2022
Christmas turkey fears as England bird flu rules widened
The government rules aim to contain the country's largest ever bird flu outbreak.
from BBC News - Business https://ift.tt/dR4yG...
Instagram bug tells some users accounts are suspended
Some have received a message saying their account has been stopped for 30 days.
from BBC News - Business https://ift.tt/9rYRH...
LEVC: Coventry taxi-maker announces 140 job cuts
LEVC, which makes an electric version of the iconic London cab, blames the effects of the pandemic.
from BBC News - Business https://ift.tt/mj18G...
Mother wins £60,000 over Morrisons discrimination
Donna Patterson said the supermarket had mistreated her after she returned to work from maternity leave.
from BBC News - Business https://ift.tt/K57hl...
UK battery firm Britishvolt near collapse as seeks funding
Britishvolt is understood to be facing administration after failure to get funding for a gigafactory.
from BBC News - Business https://ift.tt/K9Mz0...
Sunday, October 30, 2022
Musk Twitter takeover: Billionaire denies report he plans to fire workers to avoid payouts
The world's richest man completed his takeover of the platform last week after months of legal wrangling.
from BBC News - Business https://ift.tt/nJzWo...
£400 energy support vouchers going unclaimed
Many customers with non-smart prepayment meters have not cashed in vouchers aimed at helping with bills.
from BBC News - Business https://ift.tt/ea5Vv...
Apple: Chinese workers flee Covid lockdown at iPhone factory
Video shared online shows people jumping a fence to escape the plant, owned by Foxconn, in Zhengzhou.
from BBC News - Business https://ift.tt/5MkgH...
Ukraine war: Russia halts grain deal after 'massive' Black Sea Fleet attack
The UN says it is vital not to imperil the deal, as Ukraine accuses Russia of "using a false pretext".
from BBC News - Business https://ift.tt/0SM9z...
New ground as tech aims to help boost soil health
As much of the world's earth has been degraded, efforts are being made to improve matters.
from BBC News - Business https://ift.tt/7FEcY...
Octopus Energy to take over collapsed supplier Bulb
Bulb's 1.5 million customers will not experience any change to energy supplies, the UK government says.
from BBC News - Business https://ift.tt/ptNTQ...
Friday, October 28, 2022
'You think twice about driving': Fuel prices rise again
The rise in diesel and petrol prices is having a particularly tough impact in rural areas.
from BBC News - Business https://ift.tt/2EdGc...
Elon Musk clears out Twitter bosses in $44bn deal
The social media platform's management begins to exit as the billionaire seals his takeover of the firm.
from BBC News - Business https://ift.tt/HvhCc...
What next for Twitter under Elon Musk?
The BBC's technology editor looks at the path ahead for the tech company and the billionaire.
from BBC News - Business https://ift.tt/qaM9i...
Thursday, October 27, 2022
Elon Musk completes $44bn Twitter takeover
Twitter's chief executive and finance boss are reportedly ousted as the tycoon acquires the social media platform.
from BBC News - Business https://ift.tt/WdCSm...
Sliding yen: What is happening to the Japanese currency?
The country's central bank is expected to keep interest rates below zero even as the currency slides.
from BBC News - Business https://ift.tt/gvo9D...
US economy resilient despite rising prices
News of better-than-expected growth comes weeks before the midterm elections.
from BBC News - Business https://ift.tt/W9Kq0...
Lloyds predicts UK house prices will fall 8% next year
The UK's biggest mortgage lender says property prices will drop next year then stagnate for another four.
from BBC News - Business https://ift.tt/S3Liq...
Rail fare dodging fine to jump by £80 in England
The Department for Transport said penalty fares on the railways will rise from £20 to £100 in January.
from BBC News - Business https://ift.tt/ucAtH...
Credit Suisse cuts 9,000 jobs to stem losses
After a series of scandals and financial losses the Swiss banking giant is cutting jobs and restructuring the business.
from BBC News - Business https://ift.tt/ytPr5...
Wednesday, October 26, 2022
California's cannabis-growing nuns pray for profits
The income the Sisters of the Valley make from growing cannabis is at half its pre-pandemic level.
from BBC News - Business https://www.bbc.co.uk/news/business-63393214?at_medium=RSS&at_campaign=KARAN...
Twitter: Elon Musk visits HQ as deal deadline looms
Elon Musk changed his Twitter bio to "Chief Twit" ahead of the Friday deadline to complete its acquisition.
from BBC News - Business https://ift.tt/WOcgi...
Pensions: Downing Street refuses to commit to triple lock
Last week Rishi Sunak's predecessor said she was committed to raising pensions in line with prices.
from BBC News - Business https://ift.tt/4d6xC...
Mercedes-Benz becomes latest Western company to pull out of Russia
The company said it did not expect the move to have a significant effect on profitability.
from BBC News - Business https://ift.tt/9OtDy...
Moving electric Mini production to China unfortunate, minister says
The first electric Mini was built in Oxford in 2020 but BMW is shifting production out of the UK.
from BBC News - Business https://ift.tt/hgYNe...
Heathrow warns normal passenger levels years away
The airport says it is unlikely to see passenger numbers return to pre-pandemic levels for years.
from BBC News - Business https://ift.tt/JQXiR...
China Covid: Universal Resort shuts due to Beijing coronavirus cases
The park did not say when it would reopen, but pledged to refund or reschedule tickets.
from BBC News - Business https://ift.tt/bNrJo...
Tuesday, October 25, 2022
Energy bill help for all is too expensive, warns the World Bank
Some Covid help was not targeted enough and the same is happening with energy bills, its president says.
from BBC News - Business https://ift.tt/CcVsQ...
Google and Microsoft hit by slowing economy
The tech giants say customers are cutting back amid growing signs of an economic downturn.
from BBC News - Business https://ift.tt/m1ALK...
Ford Fiesta car set to be discontinued as model scrapped
The BBC understands executives are planning to announce the production will end as early as next year.
from BBC News - Business https://ift.tt/5T7s6...
Rail strike date moved over London Poppy Day clash
The RMT union says planned strike action by rail workers has been postponed for six days.
from BBC News - Business https://ift.tt/4qJ1O...
Rishi Sunak: What will the new PM mean for my money?
The new prime minister says there are "difficult decisions to come" and that could affect our finances.
from BBC News - Business https://ift.tt/S9Drl...
Adidas cuts ties with rapper Kanye West
The fashion giant said it does "not tolerate antisemitism" after the rapper's recent remarks.
from BBC News - Business https://ift.tt/ARMd8...
Can Sunak steer economy through 'profound crisis'?
The new prime minister must restore market credibility, tackle inflation and drive growth.
from BBC News - Business https://ift.tt/n2RPO...
Monday, October 24, 2022
China shares slide in US as Xi starts historic third term
Investors fear the world's second largest economy will be held back by its tough Covid restrictions.
from BBC News - Business https://ift.tt/7NdRC...
Competition regulator needs teeth to curb big tech, MPs say
They urge publication of a draft bill that could see firms fined 10% of turnover for market abuses.
from BBC News - Business https://ift.tt/eF9Bl...
Energy crisis pushing people onto prepayment meters, says Uswitch
Uswitch says prepayment meter users are more likely to be vulnerable and at risk of running out of credit.
from BBC News - Business https://ift.tt/6cfG7...
First-time buyers hit by drop in mortgage deals
Those with smaller deposits are likely to have less choice from lenders, figures show.
from BBC News - Business https://ift.tt/rgEYm...
UK set to be sick man of Europe, says Tory backer
Guy Hands, a leading investor, says the UK faces higher taxes, lower benefits and a possible IMF bailout.
from BBC News - Business https://ift.tt/JYg1i...
Sports Direct-owner Frasers lifts Asos and Hugo Boss stakes
Frasers Group is now the fourth-largest shareholder in Asos, which owns the Topshop brand.
from BBC News - Business https://ift.tt/FxXh1...
Sunday, October 23, 2022
Pound steady as Rishi Sunak seen on track to become PM
Sterling initially rose against the dollar after Boris Johnson dropped out of the leadership contest.
from BBC News - Business https://ift.tt/v6xO7...
What we just learned about China's economy
On Monday, the country announced economic growth figures, after they were postponed last week.
from BBC News - Business https://ift.tt/n2shO...
Royal Mail: 100 days left to use stamps without a barcode
Royal Mail says everyday stamps that do not have a barcode will no be longer valid after 31 January.
from BBC News - Business https://ift.tt/leyPb...
UK faces tougher austerity era - ex-Bank chief
Former Bank of England governor Lord King says people could face "significantly higher taxes".
from BBC News - Business https://ift.tt/FCzKt...
Cost of living: Why more Australians are giving up their pets
The cost of pet food has soared in Australia due to the pandemic and the Ukraine war.
from BBC News - Business https://ift.tt/IGm2U...
Saturday, October 22, 2022
Dietrich Mateschitz: Red Bull co-owner & energy drink giant dies aged 78
Red Bull co-owner Dietrich Mateschitz, a major global business figure as a result of his energy drinks empire, dies aged 78.
from BBC News - Business https://ift.tt/wrRDf...
Avanti West Coast rail services axed amid strike action
Only one Avanti service per hour will run from London to Manchester, Liverpool and Glasgow.
from BBC News - Business https://ift.tt/H65bA...
Friday, October 21, 2022
Moody's: UK's economic outlook now 'negative', ratings agency says
Political instability and high inflation in the country means it is less likely to pay back debts, the ratings agency says.
from BBC News - Business https://ift.tt/N2yAH...
Spain lifts final Covid rules for UK travellers
British holidaymakers will no longer have to provide Covid or vaccination status to get into Spain.
from BBC News - Business https://ift.tt/wAS4F...
Tesco raises meal deal price as food costs soar
It is the first time in 10 years the popular lunch choice has gone up for all customers.
from BBC News - Business https://ift.tt/VnxrL...
Falling pound: What does it mean for me and my finances?
The pound has fallen against the dollar as the UK's financial and political turmoil continues.
from BBC News - Business https://ift.tt/V0gfO...
Thursday, October 20, 2022
Inflation: Warning eight million struggling to keep up with bills
Some 7.8 million people in UK finding bills "a heavy burden", a watchdog warns.
from BBC News - Business https://ift.tt/rRTFJ...
‘I worry about affording rent’
Average monthly rents reach £1,162 outside London, leaving renters like Ben McNeil counting the cost
from BBC News - Business https://ift.tt/s91xc...
National Grid raises discounts for off-peak electricity use
Households will get a discount of £3 per kw/h instead of 52p off bills, National Grid says.
from BBC News - Business https://ift.tt/wnTiD...
Amazon could pay UK shoppers £900m compensation
A group-action claim alleges Amazon breached competition law and caused customers to pay higher prices.
from BBC News - Business https://ift.tt/PzeQX...
Amazon workers fail to reach strike threshold in historic UK ballot
GMB says it was three votes short of reaching the 50% threshold needed for industrial action.
from BBC News - Business https://ift.tt/VxpgF...
Mortgage rates hit fresh 14-year highs
Average two- and five-year fixed rates have jumped to 6.65% and 6.51% respectively.
from BBC News - Business https://ift.tt/eyhtc...
Investors remain calm despite political chaos
One analyst says investors are "watching in a kind of stunned, open-mouthed horror" at political events.
from BBC News - Business https://ift.tt/hnLPJ...
Wednesday, October 19, 2022
'I was left with no hours, no wages - nothing'
New research suggests women are more likely than men to work in jobs with unpredictable pay and hours.
from BBC News - Business https://ift.tt/2Clj1...
Amazon's Jeff Bezos in economy warning: 'Batten down hatches'
With economic gloom on the US's horizon, the tech giant's boss points out warning signals.
from BBC News - Business https://ift.tt/y0uVM...
Joe Biden's unusual fight to bring down gas prices
The US president has gone to unusual lengths to try to rein in the price of fuel.
from BBC News - Business https://ift.tt/tROJS...
Bank of England wasn't briefed on mini-budget
The government did not tell the Bank about its tax cut plans, says deputy governor Sir Jon Cunliffe.
from BBC News - Business https://ift.tt/qQymt...
Amazon UK makes cautious move into insurance sales
The store will initially focus on home insurance and has just three insurers on board.
from BBC News - Business https://ift.tt/hZG02...
Great British Railways transport bill shelved
The transport secretary admits the full plan for overhauling how the railways are run will be delayed.
from BBC News - Business https://ift.tt/qW8De...
Tuesday, October 18, 2022
Meta ordered to sell Giphy by UK's competition watchdog CMA
The social media giant says it is disappointed with the ruling but will accept it.
from BBC News - Business https://ift.tt/ZnNOf...
RMT announces November rail strike dates
There will be fresh Network Rail strikes on 3, 5 and 7 November as part of a dispute over pay
from BBC News - Business https://ift.tt/Vs0FI...
Cement firm Lafarge pleads guilty to supporting ISIS
Cement giant Holcim's Lafarge pleaded guilty in the US over its payments to Islamic State.
from BBC News - Business https://ift.tt/X09hE...
UK's mini-budget U-turn welcomed by IMF
The reversal of the government's tax cuts will help the UK fight soaring inflation, the IMF says.
from BBC News - Business https://ift.tt/tNv5Y...
Mini-budget scrapped: A simple guide to why plan was dropped
Eight steps to understand why the financial turmoil matters to mortgage payers and everyone else.
from BBC News - Business https://ift.tt/6bBwE...
Two-year mortgage rates hit fresh 14-year high
The average two-year fixed rate deal has risen above 6.5%, the highest since the 2008 financial crisis.
from BBC News - Business https://ift.tt/G0ABQ...
Nord Stream blast 'blew away 50 metres of pipe'
Danish police say explosions damaged two pipelines built to bring Russian gas to Germany.
from BBC News - Business https://ift.tt/yhZI5...
UK workers face a two decade-long wage squeeze, says TUC
The outgoing head of the TUC warns people have been pushed to "breaking point" with no real pay rises.
from BBC News - Business https://ift.tt/ZT5jU...
Monday, October 17, 2022
China congress: Beijing delays key economic figures as leaders meet
Closely-watched growth data for the world's second largest economy was due to be released on Tuesday.
from BBC News - Business https://ift.tt/iprBC...
Rent increases: What you can do about a rise from your landlord
The BBC's Lora Jones tells you four things you can do, if your landlord asks for more money.
from BBC News - Business https://ift.tt/96ygs...
Plan to lift banker bonus cap to go ahead
Jeremy Hunt dismantled much of the mini-budget, but has kept scrapping the cap on banker's bonuses.
from BBC News - Business https://ift.tt/mWlAv...
Two thirds of tax cuts from mini-budget reversed
New chancellor Jeremy Hunt said "almost all" of the cuts announced by his predecessor in September would go.
from BBC News - Business https://ift.tt/zLwIc...
What Jeremy Hunt's statement means for you
The new chancellor has outlined a host of policy changes. This is how is affects your finances.
from BBC News - Business https://ift.tt/Ui8sB...
Sunday, October 16, 2022
Chancellor to fast track tax and spending measures
The move is designed to help reassure jittery markets before they open in London this morning.
from BBC News - Business https://ift.tt/E9HLU...
Star casino: Record fine for Australian operator over money laundering
An inquiry earlier this year found "breathtaking" misconduct by The Star Entertainment Group.
from BBC News - Business https://ift.tt/SsQr8...
Pound moves higher in Asia trade after U-turns
The British currency gained 0.5% against the US dollar in early Asia trading on Monday.
from BBC News - Business https://ift.tt/nAhXQ...
Tesco warns public faces hardship in wake of interest rates rise
John Allan told the BBC he feels a "moral responsibility" to help those affected by rates going up.
from BBC News - Business https://ift.tt/nYs2g...
Jeremy Hunt to join Liz Truss at Chequers for talks on economic plans
The new chancellor warns of "very difficult decisions" as he heads to Chequers to hold talks with the PM.
from BBC News - Business https://ift.tt/7KLsz...
Saturday, October 15, 2022
Bank of England chief warns of fresh interest rate hike
Andrew Bailey also describes his conversations with Chancellor Jeremy Hunt as a "meeting of minds".
from BBC News - Business https://ift.tt/Djx2p...
Electric Mini production to move to China
The first electric Mini was built in Oxford in 2020, but most will now be made in China.
from BBC News - Business https://ift.tt/3aLQM...
Friday, October 14, 2022
Will the UK financial chaos spark a wider meltdown?
Risks to global financial stability are verging on crisis levels, the IMF has warned.
from BBC News - Business https://ift.tt/Pxt9a...
India's solar-powered future clashes with local life
India wants 40% of its electricity to come from renewable sources, which will require vast amounts of land.
from BBC News - Business https://ift.tt/1Piwd...
Beyond Meat executive exits after biting incident
Douglas Ramsey was suspended from his post last month after he was accused of biting a man's nose.
from BBC News - Business https://ift.tt/s78Fu...
Elon Musk under federal investigation over Twitter deal
The court filing said the billionaire was under investigation but it did not explain why.
from BBC News - Business https://ift.tt/JH3CF...
Cost of living: 'I've been left without carers for five months'
High petrol prices are driving carers from the sector, leaving people who rely on them without support.
from BBC News - Business https://ift.tt/8hnuW...
Thursday, October 13, 2022
France sends Germany gas for first time amid Russia energy crisis
The new flow was sent in "European solidarity" after Russia cut energy supplies to Europe.
from BBC News - Business https://ift.tt/dYise...
Fujitsu: How a Japanese firm became part of the Post Office scandal
The story of how a software firm based thousands of miles away became embroiled in the UK scandal.
from BBC News - Business https://ift.tt/4h1nf...
Kwasi Kwarteng: I'm not going anywhere, says chancellor
Asked whether he could U-turn on parts of his mini-budget, Kwasi Kwarteng says "our position hasn't changed".
from BBC News - Business https://ift.tt/SxfEc...
Netflix ad-supported service to launch in November
The firm is rolling out the less expensive offering to try to attract viewers.
from BBC News - Business https://ift.tt/jQsci...
Government to consider fuel price comparison scheme
Transport Secretary says success of a price checker in NI could lead to an online tool for England.
from BBC News - Business https://ift.tt/N68KU...
US inflation rises more than expected in September
Efforts to tame inflation in the US have pushed up the dollar and global borrowing costs.
from BBC News - Business https://ift.tt/69o7b...
Consumers urged to cut energy use this winter
Energy watchdog Ofgem will launch a campaign to cut consumption and ensure the UK has enough supplies.
from BBC News - Business https://ift.tt/JrzaX...
Housing slowdown warning after mortgage rates rise
The warning comes as the Bank of England says the number struggling to pay mortgages could hit a 15-year high.
from BBC News - Business https://ift.tt/DGl1e...
Wednesday, October 12, 2022
Royal Mail workers walk out in first of 19 days of strikes
No letters will be sent during the strike, but medical deliveries will be prioritised.
from BBC News - Business https://ift.tt/wUyWJ...
Savings rates hot up after years of low returns
Providers are leapfrogging each other on top savings rates as they try to raise money to lend.
from BBC News - Business https://ift.tt/ZE7Jp...
‘My bus ticket was more than I got paid an hour’
The minimum wage has gone up by less for those under 20 than for older workers since 2016.
from BBC News - Business https://ift.tt/oHw7n...
Pensions, savings and mortgages - your questions answered
The BBC's Kevin Peachey answers your questions and concerns on pensions and mortgages.
from BBC News - Business https://ift.tt/sf7wq...
Closed Ukraine airspace may delay flights next summer
Airlines warn of continuing challenges with Ukrainian airspace closure and recruitment problems.
from BBC News - Business https://ift.tt/ZwghL...
Investors nervous as market sell-off intensifies
The cost of government borrowing over 10 years briefly hit its highest level since 2008.
from BBC News - Business https://ift.tt/FD7CQ...
Marks & Spencer speeds up store closure plans
The retailer will accelerate a plan to close a quarter of its larger stores.
from BBC News - Business https://ift.tt/cOndx...
How safe is my pension?
The recent turmoil sparked by the mini-budget led to fears about the stability of pension funds.
from BBC News - Business https://ift.tt/hVanl...
Jacob Rees-Mogg attacked over mini-budget claims
The business secretary is criticised for blaming market turmoil on the UK's failure to raise interest rates fast enough.
from BBC News - Business https://ift.tt/HS58w...
Tuesday, October 11, 2022
TikTok profits from livestreams of refugees begging
Children are among those pleading for hours for digital gifts, as the company takes a cut of up to 70%.
from BBC News - Business https://ift.tt/whmC3...
UK businessman charged with 'helping Russian oligarch evade sanctions'
Graham Bonham-Carter is accused of helping oligarch Oleg Deripaska to evade US-imposed sanctions.
from BBC News - Business https://ift.tt/MomUa...
Mark Zuckerberg reveals new Quest Pro VR headset
Facebook-owner Meta has revealed a new VR headset as part of its continued metaverse push.
from BBC News - Business https://ift.tt/P7Eub...
Grocery bills set to soar by £643 this year
Shoppers could pay an extra £54 a month for food and other groceries, research firm Kantar says.
from BBC News - Business https://ift.tt/0E29l...
Hong Kong declines to act on sanctioned Russian superyacht in harbour
The US accuses the city of granting 'safe haven' to the yacht owned by a Russian oligarch under Western sanctions.
from BBC News - Business https://ift.tt/cWmqD...
Monday, October 10, 2022
Australians arrested over alleged Sri Lanka bribes for lucrative contracts
It follows a decade-long investigation with several countries into lucrative business contracts.
from BBC News - Business https://ift.tt/Bd8YU...
Air France Crash: Aviation bosses heckled as trial begins
Relatives of those who died in the Air France crash yelled "shame" as the trial started in Paris.
from BBC News - Business https://ift.tt/njVyo...
People stock up on blankets and air fryers ahead of winter
But despite this, an industry body says overall retail sales volumes continued to fall in September.
from BBC News - Business https://ift.tt/qLIB7...
Post Office and Fujitsu to face inquiry over Horizon scandal
The public inquiry is taking further evidence as it investigates the wrongful convictions of postmasters.
from BBC News - Business https://ift.tt/a7Wts...
Kwasi Kwarteng brings forward debt plan to 31 October
Kwasi Kwarteng will give details on plans to balance government finances nearly a month early.
from BBC News - Business https://ift.tt/T9lPk...
Bank of England bolsters plan to calm market turmoil
The Bank of England doubles the daily limit on its emergency bond-buying programme during its final week.
from BBC News - Business https://ift.tt/zSm7J...
Sunday, October 9, 2022
Widespread disruption as ScotRail strike goes ahead
Passengers face 24 hours of limited services after ScotRail RMT members rejected the latest pay offer.
from BBC News - Business https://ift.tt/KJu2P...
Ticketmaster demand-based pricing system criticised
New dynamic pricing model is designed to stop touts from profiting on the secondary market.
from BBC News - Business https://ift.tt/6HTU8...
Musk on China-Taiwan: Beijing praise and Taipei criticism over comments
Tesla chief executive Elon Musk said Taiwan should become a special administrative zone of China.
from BBC News - Business https://ift.tt/KTY3W...
Post Office handles more cash as banks close and prices rise
Bank closures and rising prices mean more people are turning to the Post Office for cash.
from BBC News - Business https://ift.tt/91krO...
Greg Hands named trade minister after Conor Burns sacking
The MP had backed Liz Truss's rival for PM but his appointment comes amid calls for party to unite.
from BBC News - Business https://ift.tt/KW3xQ...
Scottish airline Loganair goes on the market
The UK's largest regional airline is being sold with the hope of new owners taking over by mid-2023.
from BBC News - Business https://ift.tt/nTZlj...
Energy use advice campaign pulled due to cost, Zahawi says
The cabinet minister tells the BBC the public information campaign would have cost up to £15m.
from BBC News - Business https://ift.tt/oFfn0...
Saturday, October 8, 2022
How to cut your energy bills
Energy bills have gone up, but there are some easy ways households can reduce costs.
from BBC News - Business https://ift.tt/Xjbnt...
Cost of living: Off-grid businesses are being forgotten
The owner of Caws Teifi Cheese wants more help for companies who use oil or liquefied petroleum gas.
from BBC News - Business https://ift.tt/QY31t...
Renewable energy: Government plans for price cap is risky, firms warn
A government limit on electricity generated in older renewable and nuclear facilities is expected this week.
from BBC News - Business https://ift.tt/RancW...
Friday, October 7, 2022
Rail strikes: Only one-in-five trains to run in latest action
Rail passengers across Britain are urged to avoid travel on Saturday unless absolutely necessary.
from BBC News - Business https://ift.tt/nLX9E...
What will happen if Britain has winter blackouts?
Power cuts are very unlikely in the coming months but not impossible so what would it mean for you?
from BBC News - Business https://ift.tt/1fht5...
US ramps up curbs on chip sales to China
The US has said it wants to prevent China's military from accessing "sensitive technology".
from BBC News - Business https://ift.tt/7lHqi...
Customers could get £100 for cutting energy use
Octopus energy expects customers to get £4 a day on average for cutting back consumption when demand is high.
from BBC News - Business https://ift.tt/7g394...
US jobs growth slows as policymakers fight inflation
Dollar has strengthened on expectations US interest rates will rise, weighing on the pound.
from BBC News - Business https://ift.tt/HgJDi...
Public won't be told to cut energy use after Truss objects
A minister denies a full plan was blocked by Liz Truss's office and insists energy supplies are secure.
from BBC News - Business https://ift.tt/ZtBwU...
Thursday, October 6, 2022
Elon Musk: Twitter won't 'take yes for an answer'
Twitter has raised questions about how Elon Musk plans to finance his $44bn takeover.
from BBC News - Business https://ift.tt/0Hh5Q...
Former Uber security chief convicted for concealing a felony
Joe Sullivan had covered up a "massive theft" of Uber user data, in 2016, prosecutors said.
from BBC News - Business https://ift.tt/far6D...
Homes face winter power cuts in worst-case scenario, says National Grid
In a worst case scenario, British households could lose power for up to three hours at a time.
from BBC News - Business https://ift.tt/9dZnR...
Rail strike: Only one in five trains set to run on Saturday
People are being warned to only travel if absolutely necessary as the RMT union holds another strike.
from BBC News - Business https://ift.tt/CSLcD...
Electricity: NI could face blackouts by 2024, officials say
The grid operator has warned that action needs to be taken over issues with Kilroot power station.
from BBC News - Business https://ift.tt/gohqP...
Kwasi Kwarteng to meet bank bosses as mortgage rates soar
Major lenders are to meet the chancellor as mortgage costs jump and choice is limited.
from BBC News - Business https://ift.tt/woymv...
Avanti West Coast: Mayor urges pressure to be put on train firm
Andy Burnham calls on the transport secretary to insist upon two London-Manchester trains per hour.
from BBC News - Business https://ift.tt/5l2G6...
Wednesday, October 5, 2022
Maiden Pharmaceuticals: WHO links Gambia deaths to India-made cough syrups
The WHO said the medicinal syrups may be connected with the deaths of 66 children in Gambia.
from BBC News - Business https://ift.tt/u8vJl...
Apple iPhone: Can India be China’s ‘plus one’ to the world?
Can India become the new manufacturing hub as global firms try to reduce their dependence on China?
from BBC News - Business https://ift.tt/OCX9D...
CEO Secrets: What's a modern boss to wear?
Business leaders consider how the move towards more informal clothing attire at work affects them.
from BBC News - Business https://ift.tt/eGr3t...
Faisal Islam: Truss plan must tackle more than taxes
The prime minister wants to be judged on boosting economic growth, but how easy will that be to deliver?
from BBC News - Business https://ift.tt/DYlhq...
Oil price rises after Opec oil producers cut output
The move, which reflects a slowing global economy, is expected to raise oil prices around the world.
from BBC News - Business https://ift.tt/ilkZz...
Elon Musk, Twitter and the mysterious X app
The story of Musk buying Twitter, and how it began with "X, the everything app".
from BBC News - Business https://ift.tt/mU4CZ...
Average two-year mortgage rate highest for 14 years
A typical two-year fixed rate deal has breached the 6% mark for the first time since November 2008.
from BBC News - Business https://ift.tt/h2U5z...
Tuesday, October 4, 2022
Twitter shares halted after report Elon Musk deal to go ahead
Trading in Twitter shares is halted after a report stated the billionaire will now buy the business.
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EU Parliament approves common charging cable from 2024
Euro-MPs vote to make all mobile devices use the same USB-C type charger from 2024.
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Shell boss says taxing energy firms to help the poor is 'inevitable'
Taxes on gas and oil companies are likely to be needed to help the poorest, Ben van Beurden says.
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Mortgage rates still rising as big lenders revise deals
The average rate of a new two-year fixed rate mortgage is 6% as the UK's biggest lenders change prices.
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More rail disruption expected as 9,000 train drivers strike
Aslef union members at 13 rail companies will walk out on Wednesday in a row over pay and conditions.
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Pound hits two-week high after debt plan U-turn
Kwasi Kwarteng is bringing forward details of how he will cut debt to try and reassure investors.
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Monday, October 3, 2022
Nuclear fusion plant to be built at West Burton A power station
West Burton A will be the site of the prototype fusion energy power plant, the government announces.
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Vodafone and Three in merger talks
The third and fourth largest mobile phone networks reportedly hope to strike a deal by the end of the year.
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Sunday, October 2, 2022
Can electrical stimulation improve your gym workout?
Whole-body EMS suits are the new big thing in fitness, but do they work?
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Drax: UK power station owner cuts down primary forests in Canada
The owner of the UK's biggest power station, Drax, is cutting down key forests in Canada.
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Finland wants to transform how we make clothes
Firms behind innovative fibres says they can make fashion a more sustainable business.
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Tory conference: We must stay the course, insists Chancellor Kwasi Kwarteng
Kwasi Kwarteng will defend his tax cuts during his Conservative Party conference speech.
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Liz Truss: The prime minister's claims about the economy fact-checked
Prime Minister Liz Truss made claims on growth, borrowing costs and mortgage rises.
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Ground should have been laid for tax cuts, admits Liz Truss
But the prime minister says she sticks by her mini budget, despite a bad reaction from the markets.
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