Household energy price rise of 5% comes into force

A higher cap for the next three months adds £94 to the typical annual domestic energy bill.

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US Navy helicopters destroy Houthi boats in Red Sea after attempted hijack

The US military says it was responding to a second attack on the same vessel near Yemen in 24 hours.

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Venice to ban large tourist groups and loudspeakers

The new rules will come into effect in June and are part of an effort to ease the impact of tourism.

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How will the UK economy compare to other countries in 2024?

After a tough 2023, will things improve for the UK and other economies in the new year?

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Eurostar services to resume after major disruption

Many passengers are still stranded in London and Paris after flooding cancelled all Eurostar trains.

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Tim Martin: Wetherspoon boss knighted in New Year Honours

The pub chain founder and Brexit campaigner is recognised for services to hospitality and culture.

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Argentina pulls out of plans to join Brics bloc

It had been due in a few days to join the grouping, seen as a counterweight to the Western-led world.

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Boeing urges 737 Max inspections for possible loose bolt

The airplane maker is urging airlines to inspect rudder control systems on the planes.

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Google settles $5bn lawsuit for 'private mode' tracking

Large technology firms have faced increased scrutiny of their practices in the US and beyond.

from BBC News - Business https://ift.tt/07RoSHC

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Post Office cash withdrawals reach record high before Christmas

More than £62m was withdrawn on the Friday before Christmas according to the Post Office.

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Recycling electrical goods could be done at kerbside and drop-off points in shops

UK households could put old toasters and hairdryers on the kerbside for pick-up under the proposals.

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Hapag-Lloyd says Red Sea route still 'too dangerous'

Several major shipping firms are still avoiding the route after attacks related to the Israel-Gaza war.

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Treasury says 2024 Budget to be held on 6 March

The speech could be the government's last opportunity to set out tax changes before the general election.

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Wolfgang Schäuble: Merkel's no-nonsense finance minister dies aged 81

Although never chancellor, Wolfgang Schäuble was one of Germany's most influential politicians.

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Apple seeks appeal after US allows smart watch import ban

Imports and sales of Apple's Series 9 and Ultra 2 watches in the US have halted over a patent dispute.

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Boxing Day sales: Shoppers predicted to spend less

About £3.7bn is expected to be spent on Tuesday, research suggests, but that is still down on 2022.

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Daihatsu pauses production over safety scandal

The Japanese carmaker admitted it had falsified safety tests for many of its vehicles.

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Maersk preparing to resume shipping through Red Sea

The announcement follows the deployment of an international military operation to prevent attacks on ships.

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Tanker hit off India coast by drone from Iran, says US

Saturday's attack caused a fire on board the chemical tanker in the Indian Ocean, the US military says.

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House prices to fall and rents to rise in 2024, forecasts suggest

While first-time buyers would welcome price falls, the other costs they face are likely to be higher.

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Jim Ratcliffe: Who is the man buying Man Utd stake?

One of the UK's richest men, Sir Jim has built a multi-billion pound business by snapping up unloved assets.

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Manchester United: Sir Jim Ratcliffe agrees deal to buy 25% stake for about £1.25bn

British billionaire Sir Jim Ratcliffe agrees a deal to buy a 25% stake in Manchester United from the Glazer family.

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High winds likely to add to Christmas Eve travel disruption

Weather warnings cover parts of the UK, with rail disruption expected from engineering works and staff shortages.

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Smithfield Market pre-Christmas meat auction returns

The traditional meat market returned on Saturday for the first time since before the Covid pandemic.

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UK travel: Millions take to roads and rail ahead of Christmas

The AA warns of "lengthy jams" on the roads, while many rail services are starting to wind down.

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Tech Trends 2024: AI and electric vehicle deals

From an AI slowdown to humanoid robots doing real work - tech trends to watch out for in 2024.

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Airbus Atlantic: 700 staff sick after Christmas dinner

It is unclear what was on the menu for the festive feast turned nightmare before Christmas.

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Vet prices need to be made clearer, says Which?

The consumer body says it has found evidence of unclear fees and potential overtreatment by vets.

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Rail fares in England to rise by up to 4.9% in March

The rise is below inflation but comes after a year of disruption for passengers.

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US Steel sale to Nippon must be probed on 'national security' grounds - Biden

Japanese steel giant Nippon this week announced plans to buy US Steel in a deal worth nearly $15bn.

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Eurostar services suspended after strike

The last-minute action by workers on the cross channel rail route is also affecting Eurotunnel passengers.

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UK to sign financial deal with Switzerland

The agreement will make it easier for British and Swiss finance firms to deal with each other.

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Post Office victims compensation cut by half

The firms has now set aside £244m following over estimations on the number of people who might apply.

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Starbucks blames 'misrepresentation' after Israel Gaza protests

Facing global boycott calls, boss Laxman Narasimhan says: "I pray for peace - immediately'.

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Public pay must reflect rises, ministers say

Government letters to pay review bodies say pay rises should be reflected when setting pay in 2024

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Why is inflation higher in UK than other countries?

Despite recent falls, prices are still rising faster in Britain than other parts of the world.

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Energy bills predicted to fall in April to £1,660

Analysts at Cornwall Insight say lower wholesale energy prices will reduce bills by £268.

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Scottish Budget: Higher earners to pay more income tax

People earning more than £75,000 will pay more tax as part of efforts to plug a £1.5bn funding shortfall.

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What is the impact of the Red Sea attacks?

Global supply chains face severe disruption due to shipping firms diverting away from the Red Sea.

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Superdry profits hit after 'abnormally mild autumn'

The clothing retailer warns of "challenging conditions" which have driven down sales.

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Europe and US extend trade truce over Trump tariffs

The Biden administration pauses levies on EU steel and aluminium until after the US election.

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EU takes action against Elon Musk's X over disinformation

The EU says it is launching "formal enforcement proceedings" against the social media platform.

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Evergreen Line refuses Israeli cargo after Red Sea attacks

Evergreen Line said it will stop ships travelling through the Red Sea immediately.

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

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Minimum wage rise 'painful', says Hollywood Bowl

The 10-pin bowling operator says the increase in the National Living Wage was an "unexpected hit".

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Nasdaq on the hunt for more UK firms to list in US

The US stock exchange wants to lure more companies from London to raise investor cash in New York instead.

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The secret sauce for Taiwan's chip superstardom

How an island that exported t-shirts and sugar turned into the world's largest silicon chip factory.

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Network Rail manager for stranded passenger line quits

Passengers were stuck in cold and dark carriages for hours recently after overhead electric cables were damaged.

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Netflix: What the viewing figures actually tell us about viewing habits

The Night Agent and The Mother were among the streamer's biggest hits in the first half of 2023.

from BBC News - Business https://ift.tt/fnb253F

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More big shipping firms stop Red Sea routes after attacks

MSC, the world's largest shipping group, becomes the fourth company to divert ships following attacks.

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Politics not behind Coutts account closures, says review

NatWest commissioned a review after admitting failings in handling Nigel Farage's account.

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Parcel firm Evri admits it has earned its poor reputation

The parcel delivery firm claims deliveries and customer communication has now improved.

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Hinkley C nuclear reactor roof lifted into place

The 245-tonne steel dome is lifted into place at the nuclear power station in Somerset.

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Energy bills could rise by £16 to cover customers' debts

Regulator Ofgem wants households to pay an extra £16 a year as debt levels reached nearly £3bn.

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Redcar hydrogen trial scrapped by government

Proposed Redcar hydrogen trial is halted because the main source of the gas supply is not available.

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Threads: Meta's rival to Elon Musk's X launches in EU

The platform is released five months after it debuted in the UK, US and other parts of the world.

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'A viral Facebook post nearly blew up our business'

Joanna Jensen, founder of skincare brand Childs Farm, shares advice for start-ups for our CEO Secrets series.

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Elon Musk's Tesla recalls two million cars in US over Autopilot defect

It follows investigation into crashes which occurred when firm's Autopilot system was in use.

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Martin Lewis: 'I have dark days mental health wise'

The "Money Saving Expert" says pressure of being a trusted voice on finance is "horrendous".

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Baby formula prices: Soaring costs devastating family finances - survey

Two-thirds of new mothers have been forced into "tough choices" due to 25% price rise, a survey says.

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Could there be a gold rush for buried hydrogen?

Many see hydrogen as the green fuel of the future so underground deposits of the gas could be valuable.

from BBC News - Business https://ift.tt/ybo4xWq

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Thames Water says it can't pay back £190m loan

Thames Water boss tells MPs it doesn't have enough money to pay back a loan due in April next year.

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E3: Once world's biggest gaming show permanently axed

The annual video game expo struggled to stay popular after gaming giants launched their own events.

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Zara pulls advert accused of resembling Gaza images

The fashion firm says it regrets any misunderstanding about its advertising campaign.

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

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Smile Direct Club: Customer 'gutted' over £800 loss

Dentistry trade bodies express "great concern" for patients as Smile Direct Club ceases trading.

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Oxfam workers suspend strike after revised pay offer

Charity shop workers call off four days of walkouts to consider deal, but warn strikes could resume.

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Train ticket websites warned over drip pricing

The rail regulator has written to seven third-party sites over concerns their fees are not clear enough.

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Rowan Glen: Yoghurt factory revival hits 20 million pots a year

Why things are looking up at a rural site saved from permanent closure by a buyout last year.

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Javier Milei: New president tells Argentina 'shock treatment' looms

The country's new far-right president vows to launch a radical economic programme as he is sworn in.

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Smile Direct Club dentistry aligners firm shuts down

Best known for selling clear aligners remotely, it has shut down months after filing for bankruptcy.

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Gap between haves and have-nots widening, report warns

Report mentions stagnant wages and mental health issues, and says the gap widened in the pandemic.

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How Shohei Ohtani became Japan's biggest baseball export

His impact in the US surpasses that of all Japanese stars before him - and he now has a record $700m contract.

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Google admits AI viral video was edited to look better

Instead of the AI responding to voice and video, it was fed text prompts and still images.

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Microsoft's links with OpenAI to be reviewed by competition watchdog

The Competition and Markets Authority will consider if ties between the two could be considered a merger.

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Average two-year mortgage rate falls below 6%

Mortgage providers have been cutting rates, but many homeowners still face a payment shock.

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Edinburgh Reforms: City shake-up branded 'damp squib' by MPs

The Treasury Committee says much of what was promised by the chancellor has not materialised.

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Anger as Nationwide orders workers back to office

Nationwide - which has its HQ in Swindon - tells staff to work in offices at least two days a week.

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South East Water pays £2.3m dividend amid watchdog probe

Ofwat is investigating South East Water over service to customers and record in maintaining supply.

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Jacob Rees-Mogg's investment management firm to close

The fund manager co-founded by the MP is winding down after reports it had lost its largest client.

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Lego Fortnite: Gaming giant launches Minecraft rival

The new co-operative survival game mode sees players crafting items with Lego bricks.

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Meta is child abuse 'breeding ground', lawsuit claims

Facebook and Instagram are rife with child abuse, the New Mexico attorney general alleges.

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AOG Technics: UK fraud body makes arrest in aircraft parts probe

It has launched a criminal investigation into alleged fraud at aircraft parts supplier AOG Technics.

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Mortgage problems ease but many face ‘price shock’

The Bank of England says fewer households will struggle to keep up with mortgage payments than previously thought.

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EU to delay tariffs on UK electric cars until 2027

it comes after EU and UK carmakers said they were not ready for the change in post-Brexit trade rules.

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Ladbrokes and Coral owner to pay £585m over bribery allegations

Entain, which owns Ladbrokes and Coral, will pay HMRC £585m, it was decided on Tuesday.

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Israel probes claims share traders knew of Hamas attack in advance

Investors betting against Israeli shares may have made large sums, an academic study suggests.

from BBC News - Business https://ift.tt/L7pCyH5

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China's debt outlook downgraded as economy slows

The Moody's credit rating agency warns of "broad downside risks" as the country faces a need for stimulus.

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Fashion firm Quiz to launch review as sales slide

The fashion retailer cuts its revenue forecasts as cost-of-living pressures hit spending.

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Irish chain Omniplex acquires under-threat British cinemas

Omniplex Cinema Group invests £22.5m into a UK expansion.

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Salary threshold for migrant worker visa set to rise under legal migration curbs

The hike is expected as part of plans to curb legal migration, which has hit record levels.

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Booking.com users angry at firm's response to hacks

Customers say they have been failed and feel let down after losing hundreds of pounds to fraudsters.

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

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Spotify to axe 17% of staff to save costs

The music-streaming company says it is cutting its workforce to "rightsize" the firm.

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Smart meters: Almost three million still not working

Customers face incorrect bills as 2.7 million smart meters fail to send automatic readings.

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'Labour won't turn on spending taps' says Starmer

Sir Keir Starmer will say in a speech there will be "huge constraints" if Labour win power.

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Bankruptcy 'opportunity' after student loan crisis

Changes in the US are enticing more people to file bankruptcy to clear their student loans.

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Baby formula soaring costs: 'I struggle, but I won’t buy a cheaper brand'

Why struggling parents aren't choosing cheaper brands when it comes to infant formula milk.

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Sir James Dyson loses libel claim against Daily Mirror publisher

The inventor was suing the newspaper for libel over an article published in January 2022.

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Wilko: First new stores reopen in Devon

The branches are the first to be introduced nationally following the chain's collapse in August.

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

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Bank branch closures hits Prime Minister Rishi Sunak's constituency

The last bank in Richmond, North Yorkshire - Rishi Sunak's constituency - will close and be replaced by a hub.

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House prices edge higher as signs mortgage rates will fall

The Nationwide says there are "encouraging signs" that mortgage rates are starting to come down.

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OpenAI chaos not about AI safety, says Microsoft boss

Microsoft's president says the sacking of OpenAI boss Sam Altman was not because of AI safety worries.

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

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Former Chancellor Alistair Darling dies aged 70

Tributes from all sides to former Labour chancellor who steered the UK through 2008's economic crisis.

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Dr Martens shares plunge after profit warning

The famous bootmaker says its business has been hit by weak trade in the US.

from BBC News - Business https://ift.tt/qG6RTsi

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RMT union votes to end rail strikes until at least spring

Rail workers have voted to accept a pay deal, ending their involvement in a long-running series of strikes.

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Feminist site Jezebel to be revived after sale

Paste Magazine, a music publication, said it planned to relaunch this week.

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Amazon latest tech giant to announce AI chatbot

The bot, called Q, can help firms answer customer queries, analyse data and help with coding.

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Energy saving scheme: What is the energy saving scheme for electricity?

A scheme to reward people for cutting back on electricity use is running for a second day.

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

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Government spending plans 'a very big risk', says watchdog

The Office for Budget Responsibility says the plans are "uncertain" and rely on projected savings.

from BBC News - Business https://ift.tt/UD2FpcI

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'We don't know if we can complete on our new home'

Alice Fenton is one of many homebuyers currently in limbo as a result of a cyber-attack on IT firm CTS.

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Tata Steel: Unions split on Port Talbot rescue plan

Unite changes its stance on an alternative plan to decarbonise the giant plant in Port Talbot.

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Wilko rescue deal failed because of greed, claims HMV boss

Doug Putman says a bid to save Wilko was stymied as the former chair faces MPs over the collapse.

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Charlie's Bar, Fermanagh, 'blown away' by Christmas ad response

A Northern Irish pub's take on Christmas adverts gets the John Lewis seal of approval.

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No rate cuts for foreseeable future, says Bank

Andrew Bailey, governor of the Bank of England, says lowering inflation further will be "hard work".

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Eurostar Amsterdam-to-London services to be suspended for six months

Trains will be suspended from next June because of renovation work at Amsterdam's central station.

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

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Can I get a Cold Weather Payment and how much are they?

Cold Weather Payments are available to some when there is a run of sub-zero temperatures.

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Tobacco firm calls for tougher rules on vapes

BAT wants sellers to be licensed, and sweet flavours banned

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Sunak welcomes foreign firms' £29.5bn 'vote of confidence'

The prime minister says foreign investors' plans to invest £29.5bn is a "huge vote of confidence".

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Labour hopes to cut net migration to around 200,000

The party says it wants migration to return to "normal levels", depending on the needs of the economy.

from BBC News - Business https://ift.tt/ymkJe7f

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Only shop on Lismore saved after community buyout

Over 200 people backed the campaign to secure the Lismore's closure-threatened store for the future

from BBC News - Business https://ift.tt/YAJ4R7V

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Interest rates: Why there is more pain still to come

Inflation may be easing but the impact of high interest rates is still to kick in for many people.

from BBC News - Business https://ift.tt/AVH0wqb

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John Lewis to offer health checks to customers

The department store is partnering with Covid-19 testing firm Randox Health to offer new services.

from BBC News - Business https://ift.tt/EVA6Yaq

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Carnival UK withdraws 'fire-and-rehire' threat

Carnival UK says it will not pursue the controversial strategy which could have affected 900 crew.

from BBC News - Business https://ift.tt/AGtv6S9

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Judge invited to taste test cider in Aldi row

Somerset brewer Thatchers accuses Aldi of "copycatting" its Cloudy Lemon Cider for its Taurus drink.

from BBC News - Business https://ift.tt/us1MTap

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HSBC mobile banking down for thousands across UK

The firm is investigating the problem, which comes on the busy shopping day Black Friday.

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

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Energy saving tips: Five ways to cut costs this winter

Energy prices will be lower this winter than last - but you may be able to save even more on your bill.

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

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Turkey's central bank raises interest rates to 40%

Turkey has been hit with soaring prices, but its president has only recently allowed rate hikes.

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

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Autumn Statement: Hunt denies tax cuts were pre-election giveaway

The chancellor insists his statement was not "crowd-pleasing" and denies being dishonest about tax.

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Households to be £1,900 poorer, says think tank

The government is on course to set a "grim" new record on living standards, Resolution Foundation says.

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State pension and triple lock: What is it worth and when do you get it?

A second significant rise in the state pension will come in April under what is known as the triple lock.

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Telegraph: Ministers may order probe into newspaper's sale

The culture secretary says she has "concerns" about the newspaper's sale to an Abu Dhabi-backed fund.

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

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Grangemouth oil refinery due to cease operations by 2025

Petroineos says it aims to turn the Grangemouth site into a fuels import terminal by spring 2025.

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How lockdown inspired fight against period poverty

Inside a project tackling period poverty, with an army of thousands of volunteers across the world.

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Binance chief Changpeng Zhao pleads guilty to money laundering

Changpeng Zhao will also step down as chief executive of the world's largest crypto-exchange.

from BBC News - Business https://ift.tt/XJ1Bhqa

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Minimum wage to rise to £11.44 per hour

The new rate will apply to those aged 21 and over for the first time, the chancellor says.

from BBC News - Business https://ift.tt/CY0GirD

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OpenAI: Microsoft wants changes after Sam Altman debacle

Microsoft's CEO responds to the chaos at OpenAI, where the boss's sacking has caused a staff revolt.

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

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Court rules Deliveroo drivers cannot be unionised

The ruling at the Supreme Court is the latest in a long-running legal dispute.

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

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Autumn Statement 2023: When is it and how will it affect me?

Chancellor Jeremy Hunt is set to unveil the government's tax and spending plans.

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Shakira: Singer settles Spanish tax fraud case with €7.5m fine

Shakira, who has repeatedly denied wrongdoing, settled "with the best interest of my kids at heart".

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

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Rishi Sunak: The time has come to cut tax

The prime minister says taxes can be cut "in a responsible way" after the inflation rate halved.

from BBC News - Business https://ift.tt/I9PDUOu

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Chris Mason: Jeremy Hunt looks likely to cut taxes - the question is where?

The focus of the Autumn Statement is expected to be on business taxes and growing the economy.

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‘I was addicted to social media - now I'm suing Big Tech’

The lawsuit says four of the largest social media firms knowingly expose children to harmful products.

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Former OpenAI boss Sam Altman boss pictured at firm's HQ amid reports of return

Sam Altman posts a selfie from the firm's US head office 48 hours after his shock ouster from the company.

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Heathrow passengers facing delays after staff shortages and strong winds

Some travellers are waiting for hours after Air Traffic Control restricts take-offs and landings.

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Hunt does not rule out tax cuts in Autumn Statement

Chancellor tells Laura Kuenssberg priority is growth ahead of delivering the Autumn Statement on Wednesday.

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X ad boycott gathers pace amid antisemitism storm

US firms, including Apple and Disney, are reportedly suspending ads on the Elon Musk-owned site.

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AI boss Sam Altman ousted by OpenAI board

OpenAI said it 'no longer had confidence' in his ability to lead the artificial intelligence firm.

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White House criticises Elon Musk over 'hideous' antisemitic lie

Controversies over antisemitism have engulfed the billionaire and his social network, X.

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What is inheritance tax and will it be cut?

Inheritance tax is again creating political debate so how does it work and who pays?

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Autumn Statement: Jeremy Hunt considering cuts to inheritance tax

The BBC has been told the chancellor is considering cutting some taxes in his Autumn Statement.

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Russian Carlsberg staff arrested after business seized

Two senior managers of Carlsberg's Russian subsidiary were arrested on Wednesday over allegations of fraud.

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Benefit claimants not seeking work to face mandatory work placements

It is part of a plan to get people back to work, with more investment in career support also promised.

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Cinema advertising boss inspired by Avengers Assemble

Kathryn Jacob, CEO of cinema advertising firm Pearl & Dean, explains her philosophy of team leadership.

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Alstom: Train manufacturer puts 1,300 jobs at risk in Derby

The manufacturer says its factory in Derby has no confirmed work beyond the first quarter of 2024.

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Barbie movie added £80m to UK economy and used 6,000 extras, Warner Bros says

The hit movie was partly shot at the Warner Bros studios in Hertfordshire, using over 6,000 extras.

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Co-op store workers' lives threatened by suspected shoplifters

The Co-op says there are 3,000 occasions this year where shoplifters have been detained in their stores.

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The Body Shop changes hands again for £200m

The ethical soaps and scrubs brand is being sold after Brazilian owner Natura failed to turn around its fortunes.

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US inflation eases as lower gas prices offset rent rise

Prices in the year to October rose by their lowest rate since July, even as housing costs continue to climb.

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McDonald's fires 18 people after BBC investigation

The restaurant chain's UK boss tells MPs more than 400 people have made complaints since July.

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Meta OKs deleting Threads without losing Instagram

Previously, getting rid of the app fully required deleting the associated Instagram account.

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Nepal to ban TikTok citing disruption to social harmony

TikTok is under scrutiny over concerns that data could be passed to the Chinese government.

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Cost-of-living payments: What are they, who gets them and are they fair?

Millions of low-income households are receiving the latest cost-of-living payment between by 19 November.

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Avon to open physical shops in the UK for the first time

The beauty brand made famous by its door-to-door sales slogan "Ding dong, Avon calling!" is changing tack.

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Cameron's return revives memories of Greensill finance scandal

Documents suggest Mr Cameron made $10m promoting the controversial finance business Greensill Capital, which later collapsed.

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DP World: Australia ports remain closed after cyber-attack

Operations at DP World sites in Melbourne, Sydney, Brisbane and Perth have been suspended since Friday.

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Peter Nygard: Fashion mogul guilty of sex assaults

The 82-year-old is still facing a trial in Montreal and extradition to the US.

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Whitney Wolfe Herd: How the Bumble boss changed the dating scene

Whitney Wolfe Herd is stepping down as chief executive at the end of the year after nearly a decade.

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Ryanair: How a budget airline took off on TikTok

Through comedy TikToks about its extra fees, Ryanair has attracted millions of likes and followers.

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Man Utd: Sir Jim Ratcliffe's minority stake close to being agreed

Sir Jim Ratcliffe's deal to become a minority shareholder in Manchester United is expected to be agreed during this month's international break, possibly as early as next week.

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Microsoft Teams and Xbox down for some in UK and Europe

Users are complaining of problems accessing workplace app and the gaming platform.

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Ex-NatWest boss loses out on £7.6m payout after Farage row

Dame Alison Rose resigned after admitting to discussing details about Nigel Farage's bank account.

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Fuel prices still cause for concern, warns watchdog

A new report has found while wholesale prices have dropped, petrol and diesel is more expensive.

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Mortgage arrears up sharply with landlords hit hard

Rising interest rates put pressure on homeowners and landlords, with more falling behind on payments.

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Apple should pay €13bn Irish tax, argues EU lawyer

The opinion is the latest twist in a long-running saga between the EU, Apple and the Irish government.

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Apple co-founder Steve Wozniak in hospital - reports

The 73-year-old passed out at a business conference in Mexico City, according to reports.

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Disney boss declares new era after job cuts

The entertainment giant has been under pressure as its traditional movie and film businesses decline.

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RMT and train firms agree deal that could end strikes

If workers back the deal it would bring an end to 18 months of disruptive strike action.

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Lloyds of London to invest £40m over 'significant' slavery links

A report showed the City firm played a "significant role" in enabling the transatlantic slave trade.

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Fans lament as Nestle axes Caramac bar after 64 years

Nestle says it will no longer be making Caramac chocolate bars because sales have been falling.

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China detains DouYu founder, investment guru - reports

They include a streaming app founder and an executive referred to as China's Warren Buffett.

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Autumn Statement 2023: When is it and how will it affect me?

Chancellor Jeremy Hunt is set to unveil the government's tax and spending plans.

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Bumble founder Whitney Wolfe Herd steps down as boss of dating app

Billionaire Whitney Wolfe Herd, who created the firm in 2014, will be replaced by Slack's chief.

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Alison Rose: Watchdog apologises to former NatWest boss over Farage inquiry

The Information Commissioner's Office says it should not have suggested Dame Alison Rose breached privacy laws.

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Ryanair profits surge as fares rise by a quarter

The airline says it carried a record number of passengers over the summer, despite an increase in fares.

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Football Manager 2024: How the franchise made millions

As the studio celebrates its 20th edition, the people that make it tell the BBC how it has changed.

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Annual oil and gas licences planned with net zero commitment required

Projects will have to meet net zero targets, under the proposals to be outlined in the King's Speech.

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Musk says his new AI chatbot has 'a little humour'

The AI tool, designed to have a cheeky tone to its writing, is not yet widely available.

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One in 10 mothers with under-fours quit work over childcare, says charity

A quarter of a million mothers with children under four have left their jobs, the Fawcett Society says.

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Sustainable fishing: The tech making it cheaper and greener

Fishermen in Scotland and Indonesia are trialling new technology to improve their catch.

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China and Australia: Frenemies who need each other

Australia's Anthony Albanese is in Beijing this weekend for the first such trip in seven years.

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US jobs growth cools more than expected in October

The report from the Labor Department suggests America's run of stronger-than-expected job gains may be over.

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Maersk to cut 10,000 jobs as shipping demand falls

One of the world's largest export firms reported a fall in profits as freight costs have plunged.

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Sainsbury's gains ground in battle with Aldi and Lidl

The supermarket says customers who used to shop only at the discounters are now coming to Sainsbury's too.

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New mothers faced energy meter force-fittings

The first warrants granted for months to force-fit prepayment meters wrongly included new mothers' homes.

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Spirit Aerosystems aims to renegotiate Airbus A220 deal

The firm makes wings for the Airbus A220 in its Belfast factory but the programme is making a loss.

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FTX: Prosecutors accuse Crypto King Sam Bankman-Fried of 'deceit'

Sam Bankman-Fried is facing charges of fraud and money laundering, which he denies.

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Tata Steel: Unions condemn plans for UK's biggest steelworks

Port Talbot will see more than £1bn in investment to ensure its future, but may see jobs cut.

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Asos: Lichfield warehouse to be closed as profits slump

Too much stock, made worse by "poor operating practices", were to blame for poor performance, the firm said.

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CEO Secrets: ‘Pumpkins saved my business but almost squashed me’

Kim Innes founded Humble Crumble, a crumble bakery that’s sold more than half a million sweet treats.

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Sam Bankman-Fried pressed in court over past comments

As inconsistencies were put to him, the former crypto boss often told the court "I don't recall" .

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Carlsberg cuts ties with 'stolen' Russian business

The Danish brewer says it refused to enter into negotiations after its Russian business was seized.

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Plans to close rail ticket offices in England scrapped

Transport Secretary Mark Harper says the proposals did not meet "high thresholds" set by government.

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New licences granted for North Sea oil and gas projects

The UK government has granted 27 new oil and gas licences for projects in the North Sea.

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Big banks accused of doing little for savers

Returns have improved, but a group of MPs says big banks are doing "as little as they can" for savers.

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US announces 'strongest global action yet' on AI safety

The measures have been issued less than 48 hours before the UK hosts an AI safety summit.

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Crewe: What will happen now HS2 is cancelled?

Millions were spent on preparing Crewe for the arrival of HS2 so what will happen to the town now?

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Fewer trains to run from London to Manchester

Avanti is to run a reduced service between London to Manchester on Saturdays until the end of the year.

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Sale of NHS data up to government, says tech boss

The head of Palantir, which is in the running for an NHS contract, says it would not have access to data.

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UAW strike: Stellantis and union agree pay rise in tentative deal

Stellantis becomes the second US car giant to strike a tentative deal with the United Auto Workers union.

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Short selling: Don’t be the 'Dumb Money'

Short selling can be risky, but more and more amateur investors are taking it up.

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Shared appreciation mortgages: The 1990s deals that became a nightmare

Families say shared appreciation mortgages taken out in the 1990s are now causing serious hardship.

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FTX: 'Crypto King' admits people got hurt as speaks out in trial

Former crypto boss Sam Bankman-Fried testifies in his fraud trial in New York.

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Russia hikes interest rates to 15% as inflation soars

The Bank of Russia raises rates more than expected to try to lower inflation and boost the rouble.

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Rishi Sunak says AI has threats and risks - but outlines its potential

Rishi Sunak warns AI could help terrorists spread fear but urges the public not to lose sleep.

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Eurovision Song Contest gave Liverpool £55m 'shot in the arm', mayor says

More than 300,000 people attended song contest-related events in the city in May, the council says.

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Watchdog: Ex-NatWest boss breached Nigel Farage's privacy

Former Natwest boss Alison Rose should not have shared information on Nigel Farage, watchdog says.

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Carnival cruise firm pays thousands over Covid 'negligence'

An Australian judge orders Carnival to pay medical bills of passenger who caught Covid on board one of its ships.

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FTX: 'King of Crypto' to testify in fraud case

Former crypto boss Sam Bankman-Fried has decided to speak in his own defence, his legal team says.

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Spider-Man 2 fastest-selling game made by PlayStation

The PlayStation 5 exclusive sold more than 2.5 million copies in its first 24 hours.

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States accuse Instagram of hurting mental health

Meta, the parent company of Instagram and Facebook, is facing legal action from dozens of US states.

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Car workers strike costing GM $200m a week

The UAW action over pay and benefits is now in its sixth week and involves more than 40,000 people.

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Cap on bankers' bonuses to be scrapped

The plan is part of a post-Brexit shake-up of City rules, the regulators have confirmed.

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Next Mission: Impossible film delayed by a year by US actors' strike

The eighth movie in the hit Tom Cruise franchise won't now be released until May 2025.

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Shared appreciation mortgages: The 1990s deals that became a nightmare

Families say shared appreciation mortgages taken out in the 1990s are now causing serious hardship.

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Railway ticket office closure plans go too far, too fast, say MPs

The plans risk excluding some passengers from the railway, warns a committee of MPs.

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Labour more ambitious for Tata Steel - Sir Keir Starmer

UK Labour leader says he wants to preserve jobs, amid looming cuts to Port Talbot steelworks.

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Tsingtao: Video shows Chinese beer worker urinating into tank

Tsingtao has alerted Chinese police after a video shows a worker urinating into a tank.

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Tax cuts will be considered if inflation falls, cabinet minister says

Robert Jenrick says PM Rishi Sunak has the "right priorities" despite his party's by-election losses.

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Does the paper industry need to cut its water usage?

Firms in the sector are using new technologies to reduce the amount of water they require.

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Foxconn: iPhone-maker investigated by Chinese authorities

Chinese state media reports some of the Taiwan-based firm's mainland operations are being investigated.

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Autumn statement: Government considers help for first-time buyers

The Treasury is understood to be considering extending a low deposit mortgage scheme for a year.

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'My business had £1.6m stolen in 20 minutes'

An employee at Steve Wright's firm was tricked into giving thieves access to the company account.

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Moody's boosts view of UK after mini-Budget chaos

Ratings agency says "predictability has been restored" following last year's mini-Budget.

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Amazon, Expedia and Trustpilot unite to fight fake reviews

Major online firms will work together to fight fake reviews and share best practice.

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TransPennine Express announces service cuts to boost punctuality

The train firm's boss says the temporary reduction will help "fix the business in the long term".

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Welsh Water admits illegally spilling sewage for years

The company released untreated sewage at dozens of sites, including near a bottlenose dolphin habitat.

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Irish baby milk factory to close as China birth rate drops

The closure of the plant in Askeaton, County Limerick, will mean more than 500 job losses.

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Energy firms ordered to contact struggling customers

The boss of the energy regulator says suppliers must do more to prioritise vulnerable customers.

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Face search company Clearview AI overturns UK privacy fine

Controversial firm, which acts as a search engine for faces, wins appeal against a watchdog.

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Sky Bet tweet featuring Gary Neville banned over gambling ad rules

The advertising authority in the UK says the retired footballer has "strong appeal" for under-18s.

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Is the UK doing enough to monitor air pollution?

There are now 555 air quality monitors across the country, but some say they aren't good enough.

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Gambling levy could raise £100m for NHS treatment

The UK government is proposing gambling companies contribute 1% a year of what they make.

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HS2: Labour criticises 'back of fag packet' transport plan

The party says the government's alternative plans after scrapping the northern leg of HS2 are an "insult".

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LinkedIn: Microsoft says 668 more jobs to go

The company, which is owned my Microsoft, is cutting about 3% of its workforce.

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Minecraft becomes first video game to hit 300m sales

The Lego-like block-building game cements its position as the best-selling video game of all time.

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Ten former Tuffnells depots reopen after rescue deal

A total of 12 former Tuffnells delivery depots are back up and running.

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Australia fines X for failing to crack down on child abuse content

It comes as X's owner Elon Musk had earlier called child safety his number one priority.

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Charities 'concerned' over lack of progress with Renters Reform Bill

Thirty charities have warned Rishi Sunak not to abandon the bill banning no-fault evictions.

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TikTok says action taken on Israel conflict videos

The social media firm lists what it is doing to tackle misinformation after a warning by the EU.

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Electric cars drive UK MG sales to more than £1bn

The car maker, owned by a Chinese state-controlled company, says it is in a "very strong position".

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Manchester United: Qatar's Sheikh Jassim withdraws from process to buy club

Qatari banker Sheikh Jassim bin Hamad Al Thani withdraws from the process to buy Manchester United.

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What does TikTok's EGX sponsorship mean for the games industry?

The app's hoping to take on Twitch and YouTube to become the main stop for online video games content.

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Microsoft Activision: What does deal mean for gamers?

Call of Duty might be an Xbox exclusive one day, but not for at least 15 years.

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Bank boss warns world facing 'most dangerous time in decades'

Jamie Dimon says conflicts in Ukraine and Israel may hit energy and food markets, and global trade.

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Next confirms takeover of Fatface in £115m deal

The retailer has added the clothing chain to the growing list of High Street names it has bought.

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UK probes using frozen Russian assets for Ukraine defence

Chancellor Jeremy Hunt says "we need to do everything we can" to disrupt Russia's ability to fund the war.

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Call of Duty maker to be bought by Microsoft

The takeover, the biggest of its kind in the history of gaming, has been approved by UK regulators.

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EU opens investigation into X over alleged disinformation

X, formerly Twitter, is being investigated over the possible spread of terrorist and violent content.

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King Charles III new coin designs revealed

The entire set of circulating coins have been given a makeover to mark the new monarch and the natural world.

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X claims it is erasing 'illegal' Hamas content after EU ultimatum

The EU gave the former Twitter 24 hours to respond to an order to clean up "disinformation".

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US inflation: Higher fuel costs keep driving consumer prices

Consumer prices rose 3.7% over the 12 months to September, the Labor Department says.

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Tourists spending thousands to get out of Israel

Some travellers are paying vast amounts for flights that end up being cancelled as they try to leave the country.

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UAW auto strike: 8,700 Ford workers in Kentucky down tools

The move is a sharp escalation of the union's ongoing strike against Ford, General Motors and Stellantis.

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Schools and NHS caterers ‘must stop’ antibiotic overuse

Health and animal welfare campaigners say the overuse of antibiotics by UK farmers should be banned.

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Nearly half a billion small tech items thrown away

Electrical items such as vapes, fans, cables and USB sticks can all be recycled

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Safe Hands: Fraud inquiry launched into collapsed funeral firm

Safe Hands went into administration last year with thousands of people likely to lose money they set aside.

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Jewish parents told to delete social media apps

Some schools have suggested parents delete apps such as TikTok and Instagram due to the violent content circulating.

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Next set to buy rival brand Fat Face in latest High Street buy

High Street chain Next is understood to be close to buying rival fashion chain Fat Face.

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Clubs promoting NFTs pose 'risk' to fans, MPs warn

A committee of MPs say artists and sport clubs' reputations are at risk if they promote NFTs.

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Amazon staff in Coventry to strike on Black Friday in pay row

The union says action may involve more than 1,000 workers, a day after Amazon offers hourly pay rises.

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Sam Bankman-Fried to face ex-girlfriend Caroline Ellison in court

The testimony of his former partner, who was head of Alameda Research, has been much anticipated.

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Irish budget: €100bn wealth fund to be set up by mid-2030s

Ireland's finance minister says the fund will be set up using the corporation tax windfall.

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Warm weather delays early Christmas food sales

The unusually mild weather has led to fewer people buying Christmas puddings and seasonal biscuits.

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Technology festival's sock that detect Alzheimer's signs

The socks, which can detect the early signs of the condition, are among innovations on show in Bristol.

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IMF says UK faces five more years of high interest rates

The UK is expected to have the highest inflation of the US, France, Germany, Canada, Italy and Japan.

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Metro Bank has a limited future, claims co-founder

Anthony Thomson says the bank's strategy of continuing to focus on High Street branches is "flawed".

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'I pawned my wedding rings for £200 to pay my bills'

The use of pawnbrokers went up by 25% in a year during the cost of living crisis, figures suggest.

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The hunt for a new way to tackle clothing waste

Scientists in the US are trying to find enzymes or bacteria that will decompose manmade fibres.

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Nobel economics prize awarded to Claudia Goldin for work on gender pay gap

American Claudia Goldin is only the third woman to receive the prestigious economics prize.

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My landlord wanted to put the rent up 35% despite cap

Catherine Sheldon says she is now having to leave the property, with nowhere else to go that she can afford.

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Oil prices rally on fear of Middle East supply disruptions

West Texas Intermediate and Brent crude prices jumped by 4% in Asian trading.

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Labour's Rachel Reeves to set out plan to recover Covid fraud billions

An anti-corruption commissioner would target £7.2bn lost to fraud, the shadow chancellor will say.

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Nevada lithium mine leads to 'green colonialism' accusations

The rush to mine lithium for car batteries is dividing environmental and native American communities.

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Wilko: End of a fabulous ride for shop that sold it all

Workers and shoppers tell us what they'll miss about the brand as the final stores close.

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Energy firms holding £8.1bn of customers' money

A father-of-three reveals that it took six weeks to have £800 refunded by his energy supplier.

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US jobs growth much faster than expected

The number of jobs added to the US economy last month was almost double the amount forecast.

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What's going on at Metro Bank?

Bosses say there are no concerns about its finances after reports it was looking to raise millions.

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Evergrande: The rise and fall of the property giant's billionaire founder

Hui Ka Yan, the founder of a crisis-hit Chinese property giant, is under police surveillance.

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How Ghana's central bank lost $5bn in one year

The country's economic crisis has sparked protests and led to calls for the bank's boss to resign.

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Taylor Swift tour film tops $100m in advance ticket sales

The film of the Eras tour is due to be released in cinemas in more than 100 countries next Friday.

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HS2: Government 'misleading' people over Leamside line reopening

References to the restoration of a mothballed line are dropped 24 hours after its announcement.

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South East water firms have highest complaint rates - report

Southern Water is the most complained about provider in the country, with Thames Water second.

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Electric car sales to private buyers fall sharply

No incentives for consumers to buy electric has affected sales, but overall the car market is growing.

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Metro Bank shares plunge on reports of urgent fund raising

The bank's shares plunged 23% in early trading, after several newspapers reported it needed to raise £600m.

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Amazon and Microsoft to face cloud computing competition probe

The competition watchdog is investigating the tech giants' cloud computing dominance.

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Why a certificate to own a car in Singapore now costs $106,000

The city-state introduced a 10-year certificate of entitlement system in 1990 as an anti-congestion measure.

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Renting: Average home now has 25 tenants wanting to view

When a property goes up for rent there are typically 25 people competing for a viewing, Rightmove says.

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HS2: Why Rishi Sunak's big gamble may not pay off

Rishi Sunak is taking an economic risk by spending money on everyday transport upgrades instead of a grand project.

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HS2 scaled back as Rishi Sunak makes new transport pledges

It comes after the section of the HS2 high-speed train line between Birmingham and Manchester was scrapped.

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MrBeast and BBC stars used in deepfake scam videos

Fraudsters have manipulated images of the popular YouTuber and two journalists to dupe viewers.

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US sanctions Chinese firms in crackdown on fentanyl supply chain

The move is part of efforts to target the supply chain of the drug amid the opioid crisis in the US.

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Cost of national debt hits 20-year high

The interest rate on government debt has hit a 20-year high, leaving little room for tax-cuts.

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Sam Bankman-Fried: Trial of 'Crypto King' begins

The former crypto billionaire is accused of "one of the biggest financial frauds in US history".

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Tube strikes: London Underground walkouts called off

The London Underground walkouts scheduled for 4 and 6 October will no longer go ahead.

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Boohoo slashes sales forecast as shoppers cut back

The fast fashion firm plans to make big cost savings after predicting a big fall in sales.

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TikTok testing out advert-free monthly subscription

The video sharing site is looking into charging a fee of around $4.99 to get rid of ads.

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Abercrombie & Fitch launches investigation into ex-CEO sexual misconduct claims

It comes after a BBC investigation reported allegations that Mike Jeffries exploited men for sex at events he hosted.

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Easy life: Band says easyJet owner suing over name

Easy life says they are "certain" it has never affected the easyGroup's business.

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Evergrande: Shares in crisis-hit property giant jump in market return

The embattled Chinese property giant's shares were suspended from trading on Thursday.

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Ukraine war: Burger King still open in Russia despite pledge to exit

The owner of the fast-food brand says there are "no new updates" on its pledge to leave Russia.

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Food prices see first fall for two years as stores compete

Competition among supermarkets led to the first monthly drop in food prices since 2021, an industry body says.

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Oil cartel leader warns of prolonged high prices

The Secretary General says further investment in oil is needed to meet rising global energy demand.

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Defiant Trump turns up at $250m New York fraud trial to blast 'scam'

The ex-president lambasts a case that could see him lose control of Trump Tower and other properties.

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The people going 'monk mode' to limit social media use

A growing number of individuals are using apps to block access to social media and the internet.

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House buyers look to adapt to higher mortgage rates

House prices fall but some young buyers are considering smaller homes and longer-term loans, surveys suggest.

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China Belt and Road: Indonesia opens Whoosh high-speed railway

The project under Belt and Road links the capital Jakarta with the economic hub of Bandung.

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Jeremy Hunt to confirm national living wage to rise to £11 an hour

The move will affect two million of the lowest-paid workers, the chancellor will tell the Tory conference.

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Golden Week: China's economic woes fail to dampen holiday fever

But a sluggish economy forces young Chinese to travel cheaply for this year's holiday.

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Aukus: UK defence giant BAE Systems wins £3.95bn submarine contract

The deal will provide decades of work at BAE Systems' shipyard in Barrow-in-Furness, Cumbria.

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First class stamp price rises to £1.25

The price rise comes as Royal Mail seeks to cover higher delivery costs while letter numbers fall.

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Rishi Sunak refuses to commit to pre-election tax cuts

The PM says his focus is easing living costs, amid Tory unrest on day one of the party's conference.

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HS2: Rishi Sunak refuses to commit to Manchester link

The prime minister again refuses to say if high speed rail link will run from Birmingham to Manchester.

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Iceland boss quits Tories labelling party 'out of touch'

Richard Walker had tried to become a Tory MP but has quit the party on the eve of the annual conference.

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Shoplifter: Police need to stop people like me

A persistent shoplifter says stealing is easy and that police could do more to stop people like her.

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Ban on single-use plastic cutlery comes into force bin England

Polystyrene cups and balloon sticks are also banned in England as part of efforts to cut waste.

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Winter warning as new energy price cap comes in

The annual energy bill for a typical household falls on Sunday but is high by historical standards.

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The slow and delicate aircraft taking on spy missions

Light aircraft that can fly and loiter at very high altitudes could provide back-up for spy satellites.

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Train strikes set to cause travel disruption

Aslef union members will walk out in a long-running dispute over pay and conditions.

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US car workers strike escalates as it enters third week

The United Auto Workers union said 7,000 more members would walk out.

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Severn Trent to 'spend billions' upgrading its network

The water supplier has said the overhaul will target leaks and spills while creating thousands of jobs.

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Energy bills forecast to rise in January to £1,996

Analysts at Cornwall Insight say higher wholesale energy prices will drive bills up by £73 a year.

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UK facing permanent higher taxes, IFS think tank says

A study says taxes will reach 37% of national income by next election - the highest since 1948.

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UK economy grew faster than estimated since Covid

New figures show the economy has grown by 1.8% since the start of the pandemic, outpacing France and Germany.

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The self-driving trucks that are deliberately crashed

A maker of autonomous lorries is using AI software to prang computerised versions of the vehicles.

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Fortnite maker Epic Games cutting 16% of workforce

The company says it is shedding the staff because it's spending "way more" than it earns

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UAW strike: Why are US car workers walking out?

Nearly 13,000 workers for Ford, General Motors and Stellantis have gone on a historic, co-ordinated strike.

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Average five-year mortgage drops below 6%

The typical rate for a five-year mortgage has fallen to 5.99% after interest rates were held.

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Rishi Sunak repeatedly dodges questions over future of HS2 rail

Speculation is mounting the government could delay or scrap the second leg of the line to Manchester.

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Evergrande: China property giant suspends shares amid reports of detained leaders

The stricken Chinese property giant suspends trading as reports emerge of its chairman being taken.

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Blackouts less likely this winter says National Grid

Supply is more secure this year suggesting less pressure on the network, the electricity system operator says.

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ChatGPT can now access up to date information

The chatbot's knowledge previously only included data up to September 2021, but not any more.

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Meta announces AI chatbots with 'personality'

At Meta's first in-person event since before the pandemic, Mark Zuckerberg announced his AI plans.

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Rosebank oil field: Will it mean cheaper energy bills?

Regulators have approved the development of a controversial oil field in the North Sea.

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H&M admits it needs to improve sizing consistency

The retailer admits sizing needs to be more consistent after its new returns fee sparks a backlash.

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Disinformation most active on X, formerly known as Twitter, EU says

A European Commission report says the network has the most disinformation of six large social networks.

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Two French supermarkets to sell fuel at cost price

Carrefour and E.Leclerc are holding down the price of petrol and diesel to help people cope with inflation.

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Reddit to begin paying people for popular posts

The social media site will split revenue with contributors who are awarded "gold" by other users.

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Iceland boss retracts HIV needle staff attack claim

Richard Walker says sorry for alleging shop workers contracted HIV from assaults with infected needles.

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Galaxy chocolate bar size shrinks but price rises

Mars says making the bar smaller was "necessary" because of higher costs such as raw materials.

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HS2: Scrapping Manchester link would be very stupid, says ex-rail chief

Former Strategic Rail Authority boss says cancelling the leg to Manchester would hurt other projects.

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Farmers turn to tech as bees struggle to pollinate

With bee populations struggling, mechanical pollination may be increasingly needed as a back-up.

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Train and Tube strikes: When is September and October action happening?

Train drivers are set to strike again, and London Underground staff are also taking action.

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Nissan to go all-electric by 2030 despite petrol ban delay

The carmaker moves ahead with its plan despite delays to the UK's ban on new petrol and diesel cars.

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HS2: What is the route and why could part of it be cancelled?

The high-speed railway between London, the Midlands and North of England could be scaled back.

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Richest oil states should pay climate tax, says Gordon Brown

The former Labour PM wants the wealthiest oil producers to help poorer nations tackle climate change.

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State-owned British Business Bank makes £147m annual loss

The bank says wider economic problems led to a drop in the valuation of businesses it has invested in.

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The shadowy Chinese firm that owns chunks of Cambodia

It secured a deal to control a fifth of Cambodia's coastline - 15 years on, it has barely got started.

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NME: The high-end magazines making a vinyl-style comeback

The once-mass market UK music bible NME returns as a premium product with scarcity as a selling point.

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CBI: Scandal-hit organisation secures emergency funding

The business group has secured emergency funding from banks after a series of misconduct allegations.

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Locally controlled buses return to Greater Manchester after 37 years

Greater Manchester's mayor Andy Burnham hails the "coming-of-age moment" for English devolution.

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HS2: 'Crazy' not to review project due to soaring costs - Shapps

Grant Shapps cites Ukraine war costs and a spike in inflation as reasons to weigh up the rail project.

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How to save money even when the budget is tight

The interest paid on savings is better than anything seen for years, so how can you save when bills are rising?

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Rishi Sunak scraps home energy efficiency taskforce

The group set up to drive home insulation and boiler upgrades is a casualty of the PM's green rethink.

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MPs call for energy bill help to stave off winter crisis

Urgent action is needed to help households cope with higher bills, MPs say.

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HS2: Johnson warns against 'mutilated' version of HS2

The former PM airs concerns as firms seek clarity over the government's commitment to the rail link.

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Despite risks fish farms are booming in Africa

Farming fish has seen rapid growth in Africa but it can be an expensive, high-risk operation.

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UAW strike expands to dozens of sites at GM and Stellantis

The UAW says new walkouts will hit 38 parts distribution centres across the US.

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Amazon Prime Video content to start including ads next year

Amazon says its Prime Video users will see ads on TV shows and movies unless they pay extra.

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Hope for mortgage rate cuts after Bank of England decision

Brokers predict there could be falls in the cost of mortgages after a string of interest rate rises ends.

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Chevron and unions agree to end Western Australia gas strikes

The dispute triggered volatile trading on energy markets over concerns it could hit global gas supplies.

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Warning cost-of-living payments fail to last

The UK's biggest food bank provider says the payments provide only temporary respite before demand returns.

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Who is Rupert Murdoch?

Revered and feared, the tycoon has built a global media empire on four continents.

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Rupert Murdoch steps down as Fox and News Corp chairman

The media mogul says he is stepping down as Fox and News Corp chairman, with son Lachlan to head both.

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Interest rates: How the Bank of England's decision affects you and your money

The Bank of England has held interest rates at 5.25%, bringing a run of 14 consecutive rises to an end.

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H&M says free to return online purchases in store

But shoppers who send items back to the firm's warehouse will still face a £1.99 charge.

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Bankrupted Post Office Horizon victim demands answers after 17 years

An ongoing inquiry into the Horizon IT scandal examines the case of Lee Castleton.

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Less rentals homes due to energy policy uncertainty

Landlords say the uncertain directions of travel from the government is impacting investment choices

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Fed holds interest rates steady - for now

The US central bank signals it could raise its key interest rate again this year

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UK interest rate rise bets slashed after inflation fall

Interest rates were widely expected to rise to 5.5%, but half of investors now think they may not change.

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Parents in US offered refunds for Fortnite purchases

Parents in the US whose children made unintended in-game purchases will be offered $245m (£198m) in refunds.

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Warning petrol ban delay could stop people buying electric cars

Plans to push back the ban on new petrol and diesel cars could delay shift to electric, the SMMT says.

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Government row with Facebook over private messages

The government has launched a campaign criticising Meta for planned encryption of Facebook messages.

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UAW strike: Why are US car workers walking out?

Nearly 13,000 workers for Ford, General Motors and Stellantis have gone on an historic, co-ordinated strike.

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Avanti West Coast and CrossCountry given new contracts

The rail operators have been awarded the long-term contract renewals by the Department for Transport.

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UK inflation set to be highest of advanced economies

Prices will rise faster in the UK than in any other G7 economy this year, a forecast suggests.

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H&M starts charging shoppers for online returns

Customers must now pay £1.99 when they return items either in store or online, although members are exempt.

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Johnny Kitagawa: Japan firms cut ties with scandal-hit talent agency

Nissan and Asahi are among the companies that say they will not renew contracts with Johnny and Associates.

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Elon Musk: Social media platform X could go behind paywall

The billionaire suggested the social media platform, now called X, could charge for use of "the system".

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New tax divides India's booming computer games sector

The Indian government's forthcoming tax on the industry doesn't apply to all types of games.

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IMF pledges to stay in 'our lane' on climate

The US, a major backer of the IMF, has been pushing to refine the mission of the global lender.

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Post Office: Horizon scandal victims offered £600,000 compensation

The sum is for postmasters whose wrongful convictions for theft and false accounting have now been overturned.

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Disability benefits cost could rocket, report says

The study says action needs to be taken to improve the health of people who are about to retire.

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Brexit: Labour will seek re-write of deal, Starmer says

The agreement is due for review in 2025, which the Labour leader says is a key moment to reset relations.

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Liz Truss urges PM to cut taxes and benefit increases

The ex-PM will also use a speech to defend polices she tried to enact during her short time in office.

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China police detain staff at Evergrande wealth unit

Investors have been called on to report any cases of suspected fraud in the ongoing investigation.

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Ryanair and family locked in £165 check-in row

Damian Lloyd says his family had checked in for a flight in advance but Ryanair says they had "unchecked" themselves.

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No final HS2 decision until revised costs known, say Labour

Shadow minister Pat McFadden says its policy on high speed rail will be set out in the party's manifesto.

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Shein in talks to buy Missguided from Mike Ashley's Frasers Group

Retail group Frasers is looking to sell the online clothing brand to the global fast fashion giant.

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Port Talbot: Tata Steel would have left UK without aid - Welsh secretary

A £500m UK government pledge saved Port Talbot's steelworks from closure, Welsh secretary says.

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UAW strike: Biden says striking car workers deserve 'fair share'

The president urges Ford, General Motors and Stellantis to "go further" to meet the union demands.

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First grain ships arrive in Ukraine using new route

Officials say the vessels will deliver 200,000 tonnes of wheat to world markets.

from BBC News - Business https://ift.tt/ZBmHC8c

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Marks & Spencer scraps plastic for paper bags

Marks & Spencer said the move should cut plastics use.

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Gatwick: EasyJet boss criticises air traffic control over delays

Johan Lundgren's comments come after a shortage of air traffic controllers caused delays at Gatwick.

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TikTok fined €345m over children's data privacy

The complaint concerned how the social media app handled children's data in 2020.

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Port Talbot steelworkers await job news

Tata Steel's negotiations for funding for greener steel could cost Port Talbot up to 3,000 jobs.

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AI and sound - helping firms build their own 'sonic identity'

Artificial intelligence is assisting companies in developing their own signature sounds.

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Chick-fil-A to try again in UK four years after LGBT backlash

The US fast food chain closed its initial store in 2019 following protests by campaigners.

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HS2: Government refuses to guarantee Manchester branch

The prime minister and chancellor are said to have concerns over spiralling costs and delays.

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Deloitte: Belfast jobs at risk as firm to make redundancies

Jobs will be lost in Belfast as the firm plans to cut 3% of its 27,000-person UK workforce.

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France's Carrefour puts up 'shrinkflation' warning signs

Carrefour is telling its customers which products are smaller than they used to be.

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French iPhone 12 warning: European regulators examine alert on radiation levels

European regulators assess possible health risks after France's decision to temporarily halt sales.

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Cash payments rise for first time in 10 years

Payments made with notes and coins rose as the cost of living started to bite, but debit card use was higher.

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Wilko brand set to be bought by The Range in £5m deal

The Range will own the Wilko brand and website and could choose to sell some of its products in its shops.

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Patisserie Valerie: Four face fraud charges over collapse

The Serious Fraud Office said the collapse of the chain in 2019 led to "devastating" job losses.

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US inflation pressures stubborn as fuel prices rise

The US inflation rate was 3.7% over the 12 months to August, up from 3.2% in July.

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Major jobs announcement kicks off investment conference

The 1,000 new jobs at professional services firm EY will be based in Belfast and in the north west.

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France halts iPhone 12 sales over radiation levels

Apple has been told it must recall every iPhone 12 sold in the country if it cannot fix the problem.

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Triple lock: State pension could go up less than expected next year

The government is not saying which figure will be used to calculate a rise under the triple lock.

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Derby Alstom train factory jobs fear as orders dry up

Concerns are raised that thousands of jobs may be under threat at Alstom's Derby plant.

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MGM Resorts: Slot machines go down in cyber-attack on firm

Customers also report problems with payments and check-in as IT systems go down at MGM Resorts' hotels.

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UK pub chain Stonegate Group to charge more at peak hours

Stonegate, which owns Slug & Lettuce and Yates's bars, will add about 20p to a pint during busy periods.

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Pensions: Women get 35% less than men due to care responsibilities

Taking time off or working part-time means less money can be saved in pensions for retirement.

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Triple lock means state pension set to rise by 8.5% in April

It will be the second significant rise in the state pension in two years, but could pull more into paying tax.

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Pay growth catches up with price rises

Regular pay rose by 7.8% in May to July compared with the same period last year, official figures show.

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Twinkies maker Hostess bought by food giant Smucker for $5.6bn

Fruit preserves and peanut butter giant JM Smucker is buying the producer of Donettes and Ho Hos.

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First Wilko store closures begin on Tuesday

Some 24 of the chain's shops will shut after it failed to find a buyer, with hundreds more to close.

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Google monopoly trial: Is the US losing the fight against Big Tech?

A landmark trial against Google will be a key test of whether the US can rein in the industry.

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Can new Apple iPhone 15 thunder without lightning?

Apple is set to unveil the iPhone 15 later on today without its traditional lightning cable charger.

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Stopping the scammers who target online jobseekers

Fraudsters are using fake job ads to try to get people to give them money or their personal data.

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Spotify denies 30-second trick could make you rich

The streaming giant quashes a theory that listening to a song on repeat will rake in the royalties.

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What went wrong at Wilko?

The beloved discount retailer was founded in 1930 but now all 400 stores are set to close within weeks.

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Wilko rescue deal fails sparking huge job loss fears

Canadian billionaire Doug Putman's rescue efforts were dashed by rising costs and a complicated deal.

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BMW investment secures future of Mini factories

BMW expected to invest £600m in preparing its Oxfordshire plant to build the next generation of electric cars.

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Farmers 'struggling' to recruit harvest workers

Tessa Elliot says "potatoes aren't going to be on the table" if seasonal workers are not found.

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UK government to be reported to UN over strike law by TUC

The Trade Union Congress says it will make the report because the law does not meet global standards.

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Urban oases combine roof gardens and solar panels

Combining solar panels and a roof garden is a tricky and costly engineering task.

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Stopping the scammers who target online jobseekers

Fraudsters are using fake job ads to try to get people to give them money or their personal data.

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Heathrow and Gatwick airports have Raac on sites

Heathrow has means to keep it safe, while Gatwick has found no cause for concern.

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Roblox coming to PlayStation 4 and PS5

The popular children's gaming platform has more than 60 million players a day, according to the firm.

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State pension and triple lock: What is it worth and when do you get it?

Figures being published will be critical to setting the annual increase in the state pension.

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One Chip Challenge: Amazon and eBay pull spicy tortilla from UK shop

The novelty spicy tortilla has been recalled in the US after it was linked to the death of a teenager.

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Thodex cryptocurrency boss jailed for 11,196 years in Turkey for fraud

Faruk Fatih Ozer was found guilty of defrauding millions of dollars from investors in his collapsed Thodex platform.

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Offshore wind auction fails to attract any bids

There will be no new offshore wind projects after firms said the price for electricity was too low.

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Apple shares slide after China government iPhone ban reports

The technology giant's stock market valuation has fallen by almost $200bn in the last two days.

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Fourth FTX executive Ryan Salame pleads guilty

The pleading comes ahead of the October trial of FTX founder Sam Bankman-Fried.

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How AI may be a powerful tool in treating male infertility

Fertility experts are now using artificial intelligence to help find sperm in medical samples.

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Vet prices: 'I spent £12,000 on my pug'

Pet owners reveal how much their vet bills set them back, as a review of the industry is launched.

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Ryanair boss Michael O'Leary hit with cream pies by climate protesters

Michael O'Leary declared the cream pies delicious after wiping himself down in Brussels.

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Heating on prescription trial suggests fewer NHS visits

A trial by a UK university suggests patients prescribed free heating were hospitalised less often.

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Bank of England boss says interest rates close to peak

Andrew Bailey tells ministers rates may be reaching a peak, but adds that they may still rise.

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Deezer and Universal to launch 'artist-centric' streaming model

The new streaming model will generate bigger royalties for artists that people choose to listen to.

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Students cut back on food as cost of living soars

Some had to skip meals, take on debt or dip into savings last year as costs soared, research shows.

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Wilko shops set to close next week named

Staff being made redundant were told of the news this morning, with shops closing next week.

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Long wave radio fans mourn fading frequencies

Now disappearing, long wave radio broadcasts once gave a taste of far flung countries and cultures.

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Saturday letter delivery rules could be relaxed

Ofcom is looking at how the Universal Service might need to evolve to meet customers' needs.

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One in 12 jobs to go at collapsed retailer Wilko

Administrators say more than 1,300 staff will be made redundant as hopes of a wider rescue deal fade.

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Arm Holdings: Chip giant hopes for market value of more than $50bn

The UK-based firm is courting investors as its listing in the US looks to be the biggest of the year.

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Champneys founder Dorothy Purdew dies aged 91

Born to a working class family, Ms Purdew launched one of the UK's most successful spa chains.

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TikTok opens Dublin data centre to ease China spying fears

There is concern over the video-sharing app's links with China and who accesses its users' data.

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Schools struggle over RAAC crumbling concrete measures

A governor tells the BBC her school is struggling to find engineers to provide remedial work.

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Wilko rival B&M saves up to 51 stores from closure

B&M has struck a deal to take on dozens of Wilko's 400 shops after it collapsed into administration.

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Are spending cuts to blame for the schools concrete crisis?

Capital spending on education has been squeezed since 2010 as money has been redirected to healthcare.

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New iPhone, new charger: Apple bends to EU rules

A European Union law will require portable devices to have a common charger by 2024.

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Barbie overtakes Super Mario Bros to be 2023's biggest box office hit

Margot Robbie's hit movie becomes the year's most successful film at box offices around the world.

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Airlines could face crackdown on hidden fees

Consumers should have accurate information upfront before making a purchase, the government says.

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Asda owners probed over action to curb price rises

MPs ask Asda's co-owner, Mohsin Issa, whether issues over its finances are preventing more being done.

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Country Garden: Property shares jump on debt reprieve

The Chinese developer reportedly secured an extension to a key debt payment deadline at the weekend.

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Rail disruption: Train cancellations as high as 13% in 2023

One station, managed by TransPennine Express, has had 13% of its trains cancelled.

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Five ways to save money on your packed lunch

The lunchbox is back after the summer holidays so here are some top tips on making savings at lunchtime.

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Tesco staff offered body cameras over crime fears

It follows similar moves by other retailers and daily incidents rising from 450 a day, up to 850.

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Will post-Brexit food checks ever happen?

The UK government this week delayed changes to arrangements for EU food imports for the fifth time.

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Mohamed Al Fayed: Former Harrods owner dies at 94

The high-profile Egyptian businessman lost his son Dodi in the car crash that killed Princess Diana.

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UK economy makes stronger recovery during Covid

Revised official figures reveal that the UK grew at the end of 2021 rather than shrinking.

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Octopus to buy Shell's household energy firm

About 1.4 million households will see their accounts switched to a new provider.

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X, formerly Twitter, to collect biometric and employment data

The social media firm, formerly Twitter, will gather facial information if premium users give consent.

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House prices see biggest yearly decline since 2009

Nationwide says higher borrowing costs have led to a slowdown in activity in the housing market.

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Ukraine war: UK defence giant BAE Systems sets up local base

The firm says the move may allow it ultimately to produce light artillery inside Ukraine.

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Storm power cuts: Maximum compensation nearly triples to £2,000

The energy watchdog has hiked the amount households and businesses can receive from £700 to £2,000.

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Train strikes: When is the next action happening?

Members of the RMT rail workers' union and Aslef train drivers' union are set to strike again.

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How long until a robot is doing your chores?

Advances in AI are accelerating the development of humanoid robots.

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M&S returns to FTSE 100 on food and clothes boost

The retailer returned to the FTSE 100 index of Britain's biggest listed companies on Wednesday.

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Mark Thompson: CNN appoints former BBC director general as chief executive

The British executive must rebuild the US news network after a series of crises and falling ratings.

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Wilko: Warning warehouse staff face redundancy

Job cuts may resume on Thursday if the current bidder does not submit the necessary paperwork in time.

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Families worry over cancelled flight expense costs

Passengers are having to fork out for food, travel and accommodation, but are worried about costs.

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Brexit: EU-derived equal pay protections to be brought back

Women will keep the right to the same pay as men doing similar jobs in what Labour says is a government U-turn.

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Burger King faces lawsuit claiming Whopper too small

The fast food giant is accused of making the burger appear larger on menus than it actually is.

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Netflix: Streamers expansion into gaming is 'natural extension'

Streaming hits such as the Queen's Gambit are being adapted as games as the streamer looks to expand.

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Scams impersonating financial regulator double

The Financial Conduct Authority says reports of scammers impersonating it have doubled.

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Network Rail axes bonuses for staff who went on strike

Network Rail has withheld bonuses from union members who took part in strike action during a pay dispute.

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nsRyanair says air traffic failure is not acceptable

Airline boss Michael O'Leary asks why there was no back-up system after glitch causes travel chaos.

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Price rises in shops at lowest for nearly a year

The retail trade body, British Retail Consortium, says price rises are slowing but remain high.

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Toyota halts all Japan assembly plants due to glitch

The world's largest car maker is investigating a system fault but says a cyber attack is unlikely.

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Why empty lorries are a problem and how to fix it

With one third of lorries in the UK driving empty, some hauliers are turning to technology for help.

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What are my rights if my flight is cancelled or delayed?

Technical glitches may cause disruption at airports but passengers do have rights.

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Air traffic control: Airlines warn of flight delays over technical fault

Many Bank Holiday passengers face disruption as they travel on one of the busiest travel days of the year.

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How robotaxis are dividing San Francisco

The city has become the crucible of an experiment - are robotaxis ready for the streets?

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Help to buy homes from 'Bank of Family' rises

The so-called Bank of Mum and Dad has grown, with more than 300,000 home purchases set for 2023.

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Morley's: The family-run chicken shop with cult status

Founded in 1985, Morley's has featured in music videos and counts the likes of Stormzy as loyal customers.

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Evergrande: Shares in the crisis-hit Chinese developer plunge by 80%

The heavily-indebted firm's shares had been suspended from trading in Hong Kong since March last year.

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Labour rules out wealth tax if party wins next election

Shadow chancellor Rachel Reeves says extra money for public services must come from economic growth.

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Wilko: New bid emerges for stricken retail chain

A private equity firm makes a £90m bid for the business and pledges to retain all jobs for two years.

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The elusive man at the top of the OnlyFans empire

Leonid Radvinsky, a 41-year-old entrepreneur based in Florida, owns all the shares of the company.

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