New year bookings at bars and restaurants are down due to rail strikes and price rises, industry experts say.
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Friday, December 30, 2022
Trump's tax returns released after years-long effort
The former president had long sought to keep his records from being seen by the public.
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York records strongest house price rises in 2022
Prices in the historic North Yorkshire city surged by 23.1%, or £69,648, the Halifax bank finds.
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Hershey sued in US over metal in dark chocolate claim
The lawsuit alleges that three Hershey products contain harmful levels of lead and cadmium.
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Buses: More cuts to services to come, operators warn
Campaigners say a temporary £2 maximum fare will not stem a fall in passengers, amid service cuts.
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Thursday, December 29, 2022
The high street shops thriving after a tough year
It has been a tough year with more challenges to come, but some retailers are proving the fittest can survive.
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Covid in China: US imposes Covid testing for visitors from China
Several other countries have imposed restrictions on travellers from China as Covid cases surge.
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December and January strikes: Who is striking and what are their pay claims?
Hundreds of thousands of workers have walked out, or threatened to, causing widespread disruption.
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Wednesday, December 28, 2022
Energy bills: Changes on 1 January may cause confusion
Slight changes to gas and electricity rates are likely to add only pennies, not pounds, to your bill.
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Energy giant ExxonMobil sues EU to block energy windfall tax
The US company says the levy on its profits will discourage future investment in Europe.
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Airport strikes could go on for months, says PCS union boss
The boss of the PCS union says Border Force staff walkouts on Friday could be the first of many.
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Energy giant ExxonMobil sues EU to block energy windfall tax
The US company says the levy on its profits will discourage future investment in Europe.
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China Covid: US considers restrictions on Chinese arrivals
Japan and India have already announced tighter measures as China finally reopens its borders.
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Domino's Pizza considers selling Russian business
The firm operating the Russian franchise may sell up, 10 months after the invasion of Ukraine.
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Tuesday, December 27, 2022
Covid in China: People rush to book travel as borders finally reopen
But Chinese tourists will not have unfettered access to all countries - as some impose restrictions.
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Strikes: Border Force, rail and driving test staff walk out
About 1,000 workers at six UK airports will resume their walkout over pay and conditions.
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Spain announces €10bn help to fight rising prices
PM Pedro Sánchez backs aid for households amid an energy crisis prompted by Russia's war in Ukraine.
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Shaws the Drapers enters liquidation after 106 years
About 150 staff are believed to be affected after they were told by email the company will close.
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Monday, December 26, 2022
Train strikes: Services expected to start later as latest walkout ends
Passengers are being urged to check travel times as rail workers finish their latest walkout.
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Shoppers set to cut spending at Boxing Day sales
The rising cost of living is expected to curb the appetite for post-Christmas bargain-hunting.
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Sunday, December 25, 2022
UK weather: Ice warnings and rail strikes set for Boxing Day
Warnings for ice and snow are in place in parts of the UK as rail strikes continue on Boxing Day.
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Friday, December 23, 2022
Workers over 50 encouraged to end early retirement
It follows a recent report which highlighted early retirement as an issue around a UK labour shortage.
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Train strikes: Passengers brace for Christmas Eve disruption
Trains will stop running at around 15:00 on Saturday, as walkouts on the railways and other industries continue.
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What are my rights if my flight is cancelled?
Strikes and poor weather may cause disruption at airports, but passengers do have rights.
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Meta settles Cambridge Analytica scandal case for $725m
The proposed deal by Facebook's owner is the largest in a US data privacy class action, say lawyers.
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Royal Mail: When are the postal strikes and what were the Christmas post dates?
About 115,000 postal workers are taking part in the dispute with Royal Mail.
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Thursday, December 22, 2022
Airport strikes: Border Force staff begin Christmas walkout
Travellers arriving in the UK are warned to expect disruption and delays as staff who check passports go on strike.
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Online whisky auction house's sales hit £50m
Perth-based Whisky Auctioneer says 2022 has been a record year for some distilleries.
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FTX founder appears in US court on fraud charges
Prosecutors have accused Sam Bankman-Fried of "one of the biggest financial frauds in US history".
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Amazon could be blamed for fake Louboutin shoe ads - EU
Top EU court says Amazon could be held responsible for third-party sales of fake Louboutin shoes.
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TransPennine Express cancels more rail services over IT issue
TransPennine Express cancels services for a second day running, due to an ongoing "software issue".
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Wednesday, December 21, 2022
Firms 'banging heads against wall' over post-Brexit trade
Two years after post-Brexit trading began with the EU, UK businesses feel frustrated, says BCC.
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Trump business losses sharply reduced his tax bill
In 2020, the then US president reported negative income and paid no income tax.
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Who is striking? How Thursday 22 December’s walkouts will affect you
What you need to know about Thursday's walkout by highway workers, by the BBC's Zoe Conway.
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Warning of disruption on airports' strike days
A senior Border Force official has said he hopes to keep all airports open as staff strike.
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Netflix password sharing may be illegal, says UK government
The Intellectual Property Office said the practice might break criminal and civil law.
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The cargo hauling aircraft with no pilots on board
Rejecting deliveries to the doorstep, some drone makers are betting on bigger pilot-free aircraft.
from BBC News - Business https://ift.tt/6mPTX...
Tuesday, December 20, 2022
Elon Musk to quit as Twitter CEO when replacement found
Elon Musk says he will resign as soon as he finds someone "foolish enough" to take over the job.
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Cost of living: If no one comes we close early, says pub
Almost 90% of pubs are considering shorter opening hours over winter as bills rise, according to a new survey.
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Who is striking? How Wednesday 21 December's walkouts will affect you
What you need to know about Wednesday's ambulance workers strike - by the BBC’s Zoe Conway.
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3M manufacturing giant to stop making 'forever chemicals'
The firm will stop making the materials that have been linked to a range of health problems.
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Elon Musk: Only blue tick users to vote in Twitter polls on policy
The billionaire says he will change the policy on Twitter votes after users say he should step down.
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FTX boss Sam Bankman-Fried agrees to be extradited
The cryptocurrency exchange boss is expected to travel to the US to face fraud charges, the BBC understands.
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Monday, December 19, 2022
Decision on energy bill support for businesses postponed
Business groups angry after a decision on extending energy support is put off until the new year.
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Alcohol duty to be frozen for further six months
Alcohol prices will be frozen until August 2023, when a new system for alcohol taxes is introduced.
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Fortnite firm penalised after claims it tricked users
Epic Games pays $520m over claims it violated child privacy laws and tricked players into making purchases.
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Train strikes: Rail passengers told to avoid Christmas Eve travel
Network Rail advises people to travel only if "absolutely necessary" due to strike action by the RMT.
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NI households to receive energy payment from January
The £600 is intended to help with energy bills but people can use the cash payment as they see fit.
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Battery lights vs mains LED bulbs: What's cheaper?
As some shoppers swap mains bulbs for battery lights, we investigate if money is really being saved.
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Sunday, December 18, 2022
More than 130 bus operators to offer £2 tickets
The government-funded scheme will cap fares in England outside London from 1 January to 31 March.
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Twitter to stop users linking to big social media platforms
The move affects content from Facebook, Instagram and Mastodon among other social media sites.
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Who is striking? How this coming week’s walkouts will affect you
Useful information on strikes during the week up to Christmas, by the BBC’s Zoe Conway.
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Saturday, December 17, 2022
Singapore's crypto ambitions shaken by FTX collapse
Users call for more regulation after state fund writes off investment in fallen cryptocurrency exchange.
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Friday, December 16, 2022
Goldman Sachs plans big job cuts as business slows
The reductions could affect up to 8% of its global workforce, or nearly 4,000 people.
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BA and Virgin halt ticket sales to Heathrow on strike days
The airlines were asked by the airport to "suppress demand" as Border Force staff go on strike.
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Who is striking? How Saturday 17 December’s walkouts will affect you
Travel disruption the weekend before Christmas - the BBC’s Zoe Conway has what you need to know.
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Amazon workers in Coventry vote for strike action
More than 98% of them backed strikes after an offer of a 50p per hour pay rise, the GMB union says.
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Starbucks set for strikes in US over unionisation
The walkout escalates a bitter labour fight, affecting around 100 of the coffee firm's US stores.
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EU adopts global minimum15% tax on big business
The landmark agreement aims to stop governments racing to cut taxes in a bid to attract business.
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Rolls-Royce car workers win record pay package worth up to 17.6%
Some 1,200 employees have be awarded a one-off bonus and a double-digit wage rise.
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Thursday, December 15, 2022
TikTok tests landscape videos in major shake-up
The world's fastest-growing social media platform has become known globally for its vertical format.
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Who is striking? How Friday 16 December’s walkouts will affect you
Travellers face disruption on the railways and roads on Friday - by the BBC’s Zoe Conway.
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Tax rates to rise for higher earners in Scotland
The higher rate of income tax will go up from 41p to 42p in the pound and the top rate from 46p to 47p.
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UK interest rates raised to highest level for 14 years
The Bank of England lifts borrowing costs to 3.5% from 3%, the ninth rise in a row.
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Smart motorways: Warning safety tech must improve 'urgently'
Safety measures on all-lane running smart motorways must be improved, the transport watchdog says
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County Durham Evri staff say parcels will not arrive by Christmas
Families will be "disappointed" this Christmas as Evri tries to deal with backlogs, workers claim.
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Wednesday, December 14, 2022
Eurostar strike action called off as talks resume
Members of the RMT union were due to walk out on Friday and Sunday in a row over pay.
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UK interest rates: How will a rise affect you and how high could it go?
Interest rates are expected to rise again as the cost if living goes up, so how could this affect you?
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Is UK inflation going to keep falling?
Inflation is likely to have peaked, but it will remain very high for months to come.
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Poor rail services caused by toxic mix, MPs told
There is a "total let-down" for rail passengers in the north of England, a transport committee hears.
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Tuesday, December 13, 2022
From Bitcoin to blockchain: Key cryptocurrency terms and what they mean
As cryptocurrency makes headlines once again, here's a look at the main concepts and what they mean.
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US charges Sam Bankman-Fried with defrauding investors
Sam Bankman-Fried is accused of a scheme to defraud investors in failed crypto exchange FTX.
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US inflation rate slows as fuel costs fall
US inflation rose 7.1% over the 12 months to the end of November, dropping from 7.7% in October.
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Dangerous Christmas lights listed for sale on Amazon and eBay, Which? finds
Testing by consumer group Which? finds some cheap lights fail to meet UK electrical safety regulations.
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Rail union boss hits out in row over train strike support
The boss of the UK's biggest rail union insists members support action in a heated exchange with the BBC.
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Highest number of days lost to strikes in over 10 years
Some 417,000 working days were lost to industrial action in October - the highest since 2011.
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Monday, December 12, 2022
Buy now, pay later: Things you need to know about the loan schemes
With Christmas fast approaching here's what you need to know before borrowing money.
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Train strikes: Widespread delays expected as latest walkouts loom
About 40,000 rail workers will start walking out on Tuesday in a row about jobs and pay.
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S Korea says crypto-fugitive Do Kwon is in Serbia
Mr Kwon was charged with fraud and breaches of capital markets law after the implosion of the token.
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Sunday, December 11, 2022
Coal plants put on standby to supply electricity
National Grid orders coal-fire units to begin warming up as cold weather sweeps the UK and Europe.
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Twitter's paid blue tick re-launches after pause
Twitter will once again offer a blue tick badge and additional features for a monthly fee.
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Second-hand tech booms as shoppers look for bargains
From phones to exercise bikes, the market for second-hand kit is booming as shoppers search for bargains.
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Royal Mail: When are the postal strikes and Christmas post dates?
About 115,000 postal workers are taking part in the dispute with Royal Mail.
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UK weather: All flights suspended at Stansted Airport
Heathrow and Gatwick also cancel flights after fog and snow sweeps the country.
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Friday, December 9, 2022
Rail strikes: RMT boss calls for meeting with Sunak
The RMT's general secretary says a meeting between the two was the best hope of making progress.
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Royal Mail: Views from both sides of the picket line
The BBC speaks to a striking worker on the picket line and someone choosing to work on strike day.
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WTO says Trump's US steel tariffs broke global trade rules
The US said it disagreed with the ruling and would not remove the border taxes.
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Penguin Random House boss resigns after Simon & Schuster deal fails
The merger of the publishing giant with rival Simon & Schuster was scuppered by competition concerns.
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Cost of Living: How to talk to children about a budget Christmas
Some hints and tips to help you manage your children's Christmas expectations.
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Santander UK fined £108m over money laundering failings
The bank had "serious and persistent gaps" in anti-money laundering controls, the watchdog finds.
from BBC News - Business https://ift.tt/9Io0c...
Fired Twitter cleaning staff 'treated like garbage'
One of them told the BBC a member of Elon Musk's team said their jobs would be replaced by robots.
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Thursday, December 8, 2022
US seeks to block Microsoft from £56bn gaming deal
Microsoft said it would fight to buy Activision Blizzard, the studio behind games such as Call of Duty.
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UK banking rules face biggest shake-up in more than 30 years
The government is expected to loosen rules introduced after the financial crisis in 2008.
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Immigration: Robert Jenrick sorry for problems with seasonal worker visas
Foreign worker shortages "catastrophic" for daffodil growers and other farmers, the government is warned.
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Water companies "letting down" customers
Industry watchdog Ofwat, said that despite some improvements it remains deeply concerned.
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Airlines plan to operate all flights despite strikes
Around 1,000 UK airport border staff will strike over the Christmas period.
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Wednesday, December 7, 2022
Elon Musk turns Twitter into 'hotel' for staff
One photo shows a double room with wardrobe and slippers, as Elon Musk seeks to instil a "hardcore" work culture.
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'We haven't had a single penny from the Post Office'
Three years after winning in the High Court, hundreds of sub-postmasters are still waiting for compensation.
from BBC News - Business https://ift.tt/2Tphl...
First UK coal mine in decades approved
Climate experts and Tory MPs argued the Cumbria mine would scupper UK efforts to lower emissions.
from BBC News - Business https://ift.tt/H02Iq...
Elon Musk rejects concerns over beds at Twitter HQ
The billionaire has previously told workers to commit to long hours or leave.
from BBC News - Business https://ift.tt/Ebk5J...
Evri says sorry for parcel delays in run-up to Christmas
The delivery company says it's working to get orders out to customers complaining of long waits.
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Tech layoffs at Meta, Twitter, Amazon: The good people helping Indians find jobs
Tech workers are rallying together to help peers who face having to leave the US after being laid off.
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Tuesday, December 6, 2022
Indonesia's new sex laws and what they could mean for tourism
Holiday hotspots like Bali are still recovering from the pandemic - now new laws could derail them again.
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Bank Morgan Stanley to cut 1,600 jobs
The investment bank is axing about 2% of its global workforce, affecting around 1,600 roles.
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Fenwick to shut 130-year-old New Bond Street department store
Chairman Simon Claver says the sale has "been a difficult decision for the Fenwick family".
from BBC News - Business https://ift.tt/WJ1kj...
Rural fuel more expensive, says watchdog
Differences in price between urban and rural areas need further investigation, says CMA.
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December train strikes: Union told not to hold country 'to ransom'
The new Christmas Eve walkout threatens to hit celebrations and travel over the festive weekend.
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Cost of living: 'I couldn't tell the real bills from scams'
People falling behind on bills are being bombarded with letters, calls and texts, a charity says.
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Apple self-repair service comes to UK
The tech giant warned that if a repair goes wrong, the device's warranty will no longer be valid.
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Monday, December 5, 2022
Meta threatens to remove US news content if new law passes
Facebook's parent company says it will pull news from the platform in the US if a new media law passes.
from BBC News - Business https://ift.tt/QPHDw...
Taylor Swift: 'Swifties' sue Ticketmaster over tour sale problems
Taylor Swift fans have filed a lawsuit over "unlawful conduct" after a chaotic tour ticket sale.
from BBC News - Business https://ift.tt/bBp8d...
Covid restrictions hit iPhone maker Foxconn
The electronics manufacturer says its revenue in November is down 11% compared to the same month in 2021.
from BBC News - Business https://ift.tt/APpn4...
Miner Glencore pays $180m in latest corruption case
The Swiss-based mining firm strikes deal with Democratic Republic of Congo to settle corruption claims.
from BBC News - Business https://ift.tt/j9iZb...
Cost of living: New average mortgage rates fall below 6%
The typical interest rate shot up after the mini-budget but lenders are gradually reducing rates again.
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PwC to close offices at Christmas to save energy
Accountancy giant staff will not be able to work from its main London office over the festive period.
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Sunday, December 4, 2022
Ukraine war: Oil prices rise as cap on Russian crude looms
The G7 and its allies have agreed to limit the price of Russian oil to $60 a barrel.
from BBC News - Business https://ift.tt/3Hngi...
Taiwan's front-line battle against mobile phone fraud
How Taiwanese phone fraud fighters are able to warn the world about the latest scams.
from BBC News - Business https://ift.tt/KbraR...
India seizes opportunities in African healthcare
The rapid expansion of Indian healthcare firms in Africa has not been without problems.
from BBC News - Business https://ift.tt/N7lqa...
EU must act over distortions from US climate plan - von der Leyen
Ursula von der Leyen says the EU must act amid concerns within the bloc over US climate legislation.
from BBC News - Business https://ift.tt/NgHVP...
Train strikes: Firms make first offer in bid to stop Christmas strikes
The Rail Delivery Group makes an offer to the RMT union in the ongoing dispute over pay and conditions.
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Strikes unfair at Christmas, Tory chairman Nadhim Zahawi says
Nadhim Zahawi says President Putin "wants to see" strikes, as he outlines plans to avoid disruption.
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Saturday, December 3, 2022
Google opens its first UK centre making tech for disabled people
The research and development centre in London is the company's first of its kind outside the US.
from BBC News - Business https://ift.tt/osKWx...
Friday, December 2, 2022
Rail strike is cancelled - at the cost of paid sick leave
The pandemic and a vicious flu season has re-energised the fight for paid sick leave.
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Notpla: UK plastic-alternative developer among £1m Earthshot Prize winners
A London firm which developers nature-friendly packaging is among five climate prize winners.
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Cost of living: 'No-one likes us. We DO care. We are Millwall'
Football clubs are supporting their communities as costs rise - from food banks to debt advice.
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HMRC closes phone lines due to technical fault
The tax authority has urged people to access information online as they seek advice ahead of filing returns.
from BBC News - Business https://ift.tt/j4hbX...
Royal Mail says people should send Christmas post early
Strikes mean people should send their festive mail earlier than usual, the postal service advises.
from BBC News - Business https://ift.tt/wvNeO...
Oil giant TotalEnergies to cut North Sea investment over windfall tax
France's TotalEnergies says it will reduce investment after the decision to extend the windfall levy.
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Big Zuu: Cooking on a budget secrets
The TV chef and rapper shares his big three tips for making the most of your weekly food shop.
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Thursday, December 1, 2022
India remittances set to hit record $100 billion in 2022
Remittances sent to low and middle-income countries have grown by 5% this year, says the World Bank.
from BBC News - Business https://ift.tt/Qn5y4...
BP 'stands to receive blood money’ from Ukraine war
A presidential adviser says the oil giant is could still receive profits from its stake in Russia's Rosneft.
from BBC News - Business https://ift.tt/HE4CI...
Brexit: Progress on trade deals slower than promised
The UK government is on course to miss its target for signing deals, as exporter numbers fall.
from BBC News - Business https://ift.tt/FvcYL...
Next rescues fashion chain Joules saving 1,450 jobs
Next says it will keep about 100 Joules stores open, but 19 will be closed with immediate effect.
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Elon Musk set to become number-one influencer on Twitter
What will one man's unprecedented status as both top influencer and chief executive mean for the Twitter?
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