The online payments platform is the latest technology firm to cut costs as the global economy weakens.
from BBC News - Business https://ift.tt/9Qegc...
Tuesday, January 31, 2023
The trucks ditching diesel and drivers
From addressing the climate emergency to the shortage of HGV drivers, is this the future?
from BBC News - Business https://ift.tt/ZTr6o...
Cost of living: Row over who should police energy prepayment switches
A trade body for energy firms says the regulator should ensure rules are followed, but Ofgem hits back.
from BBC News - Business https://ift.tt/ZLiSR...
Paperchase: Stationery chain falls into administration
The struggling High Street stationery retailer has failed to find a buyer, putting 820 jobs at risk.
from BBC News - Business https://ift.tt/diVI9...
More than 2,000 roles at risk at Tesco
The roles are at risk at Tesco as it announces more changes to the way it runs its supermarkets.
from BBC News - Business https://ift.tt/xNLE1...
Monday, January 30, 2023
Tech War: Biden moves to halt US exports to Huawei, reports say
Washington has been tightening its rules on exports of US technology to China for several years.
from BBC News - Business https://ift.tt/VXCyY...
Green projects are boosting UK growth - CBI report
Projects aimed at lowering carbon emissions are boosting growth in poorer parts of the country.
from BBC News - Business https://ift.tt/iLE7t...
The new tech offering relief from the misery of period pain
Two start-up firms are making wearable technology that targets menstrual discomfort.
from BBC News - Business https://ift.tt/XWmwl...
Flybe collapse: Shock for staff after new lease of life, says Robinson
Flybe's collapse has caused concern for workers, but offers from other airlines bring hope, says Gavin Robinson.
from BBC News - Business https://ift.tt/1qZ9B...
Video streaming subscriptions fall by two million in 2022
Households cut back on streaming services in their droves as the cost of living rose sharply.
from BBC News - Business https://ift.tt/U1RNj...
Man takes parcel to US to beat Royal Mail ban
Businesses express frustration at Royal Mail's ban on sending parcels abroad after a cyber-attack.
from BBC News - Business https://ift.tt/Q2cMJ...
Sunday, January 29, 2023
Adani Group says Hindenburg fraud claim 'calculated attack on India'
Last week the Indian firm owned by Asia's richest man had more than $50bn wiped off its market value.
from BBC News - Business https://ift.tt/pbeGh...
Over-50s at work: 'You feel your usefulness has passed'
New research suggests applicants are right when they say employers are less open to hiring older workers.
from BBC News - Business https://ift.tt/DU8wT...
Ryanair and EasyJet ready to snap up Flybe staff
Airlines are inviting employees of the collapsed airline to fill vacancies for cabin crew and other roles.
from BBC News - Business https://ift.tt/T2BFC...
Saturday, January 28, 2023
'Elon Musk has made me embarrassed to drive my Tesla now'
Elon Musk was once hailed as the secret to Tesla's success. Now he's one of its problems.
from BBC News - Business https://ift.tt/FCEtw...
Flybe administration: Scramble to change plans after airline ceases trading
The airline said it was ceasing trading and cancelling all flights, which affects 75,000 passengers.
from BBC News - Business https://ift.tt/OirMZ...
Friday, January 27, 2023
Flybe: Regional carrier ceases trading and cancels all flights
The airline said in a statement that it had ceased trading and that all flights had been cancelled.
from BBC News - Business https://ift.tt/qtJn7...
Plans for more banking hubs as branches close
In total, 38 of these shared branches have been announced so far, but only four have opened.
from BBC News - Business https://ift.tt/LpkOP...
Job risk as Shell considers quitting energy market
The Coventry-based firm said tough market conditions had forced a review of the business.
from BBC News - Business https://ift.tt/gqQjz...
Warning to 100 funeral directors over price lists
Businesses could be named and shamed for flouting rules but critics say the those rules need strengthening.
from BBC News - Business https://ift.tt/JWsvN...
LVMH: Luxury giant's sales soar despite China losses
LVMH - owner of brands including Moët and Louis Vuitton - saw strong sales despite losses in China.
from BBC News - Business https://ift.tt/ayqM9...
Thursday, January 26, 2023
Warning over risky electric blankets sold online
The consumer rights group Which? found products being sold online that could cause electric shocks.
from BBC News - Business https://ift.tt/lqyYc...
Hunt to set out plan for growth as criticism mounts
It will be scrutinised by businesses who claim the government has no long-term plan for the economy.
from BBC News - Business https://ift.tt/1kD58...
Adani Group: Asia's richest man hits back at 'con' allegations
Indian billionaire Gautam Adani hits back after fraud claims wipe billions off his company.
from BBC News - Business https://ift.tt/TIsEn...
Turning problem sea algae into a replacement for plastic
Seaweed and microalgae is increasingly being turned into useful products.
from BBC News - Business https://ift.tt/wHNo6...
Fears shoppers misled over green goods sparks investigation
The competition watchdog is concerned shoppers are paying a "premium" for goods claiming to be green.
from BBC News - Business https://ift.tt/jCWoh...
Wednesday, January 25, 2023
UK car production collapses to lowest for 66 years
Car production in the UK continued to fall last year, lagging further behind the US and EU.
from BBC News - Business https://ift.tt/MJxvy...
Could UK be drawn into a green trade war with US?
The future of the planet and the global economy are entwined in a potentially risky geopolitical game.
from BBC News - Business https://ift.tt/mk9yz...
Cost of living: Cash bonuses behind record number of bank switches
Up to £200 was offered by some banks to switching customers - prompting the most moves since 2013.
from BBC News - Business https://ift.tt/6bseh...
Donald Trump to be allowed back onto Facebook and Instagram
The social media firm Meta said the former US president's suspension will end "in the coming weeks".
from BBC News - Business https://ift.tt/Bfu1r...
Tesla posts record profit despite price cuts
Elon Musk's electric car company is facing questions as the economy weakens and borrowing costs rise.
from BBC News - Business https://ift.tt/xIbcP...
Celebrities call on UK banks to stop financing fossil fuels
Stephen Fry and Emma Thompson back campaign to stop banks financing new oil, gas and coal projects.
from BBC News - Business https://ift.tt/d0XAb...
Microsoft Outlook and Teams down for thousands around world
Data from outage tracking website Downdetector showed more than 5,000 reports in the UK alone.
from BBC News - Business https://ift.tt/0miH7...
Tuesday, January 24, 2023
Justin Bieber sells rights to songs for $200m
The pop star joins a growing group of artists who have cashed out on their catalogues.
from BBC News - Business https://ift.tt/LiX5m...
Microsoft sees slowest sales growth in six years
The update follows the firm's move to eliminate about 10,000 jobs.
from BBC News - Business https://ift.tt/iFcNv...
US accuses Google of 'driving out' ad rivals
A federal lawsuit alleges the tech giant's anti-competitive actions mean more websites need paywalls.
from BBC News - Business https://ift.tt/PeSD2...
Online car retailer Cazoo consults with staff over site closures
Hundreds of jobs are at risk at online car retailer Cazoo, including 300 in Lincolnshire.
from BBC News - Business https://ift.tt/sWlLS...
Ticketmaster blames cyber attack for disrupting Taylor Swift tour sale
The company says it faced an "unprecedented" software attack when the star's Eras tour went on sale.
from BBC News - Business https://ift.tt/V2PuY...
Primark among Christmas retail winners as it reports bumper sales
The fashion chain sold more items and for higher prices despite cost-of-living pressures.
from BBC News - Business https://ift.tt/OvtVj...
Monday, January 23, 2023
Twitter sued by Crown Estate over alleged unpaid rent at UK HQ
The alleged rent arrears relate to office space at Twitter's UK headquarters in central London.
from BBC News - Business https://ift.tt/f9yBU...
M&Ms replacing spokescandies with comedian Maya Rudolph
The company said it has put a 'pause' on the mascots after a rebrand "broke the internet".
from BBC News - Business https://ift.tt/3zKBQ...
Microsoft extends AI partnership with ChatGPT and Dall-E maker OpenAI
It announces a "multi-year, multibillion dollar investment" with OpenAI to accelerate breakthroughs.
from BBC News - Business https://ift.tt/xhGE7...
Cold snap triggers freezing weather payment
Some people on benefits will receive £25 within the next two weeks after temperatures drop.
from BBC News - Business https://ift.tt/knom8...
Food suppliers hit back at Tesco in price hike row
Industry body the Food & Drink Federation said supermarkets are already 'very tough' on suppliers.
from BBC News - Business https://ift.tt/tECgs...
Fullers blames rail strikes for pub profit warning
The pubs and hotels operator says industrial action has wiped £5m off its full-year sales.
from BBC News - Business https://ift.tt/Y4XJf...
Sunday, January 22, 2023
Covid: Thailand tourism up but still below pre-pandemic level
The holiday destination is set to start charging overseas visitors $9.20 each from the start of June.
from BBC News - Business https://ift.tt/p7s4P...
Technology can help the NHS, says AstraZeneca boss
AstraZeneca's Leif Johansson says AI and screening could prevent costly treatment in hospitals.
from BBC News - Business https://ift.tt/larRN...
National Grid puts coal plants on standby to supply electricity
National Grid ESO orders coal-fire units to begin warming up as the UK's cold snap continues.
from BBC News - Business https://ift.tt/8Zmh3...
Strikes Update: How Monday 23 January’s walkouts will affect you
What you need to know about the ambulance workers' strike, by the BBC's Zoe Conway.
from BBC News - Business https://ift.tt/TAugW...
Energy Price Cap: Labour calls for three month extension
Extending the £2,500 energy price cap until July can be funded by a tougher windfall tax, Labour says.
from BBC News - Business https://ift.tt/tIi6l...
Firms may be hiking prices beyond inflation - Tesco boss
Food suppliers may be using inflation as excuse to raise prices further than necessary, John Allan says.
from BBC News - Business https://ift.tt/M3tbh...
Crackdown on energy firms over rise in prepayment meters
Many customers have been left without heat and light when not able to afford topping up their prepayment meters.
from BBC News - Business https://ift.tt/MpWyZ...
Saturday, January 21, 2023
UK steel industry a whisker away from collapse - Unite
Unite has written a letter to the Business Secretary Grant Shapps seeking more government support.
from BBC News - Business https://ift.tt/WiawP...
Friday, January 20, 2023
Unemployment: Who are the millions of Britons not working?
The unemployment rate is close to its lowest point since the 1970s, but millions aren't working.
from BBC News - Business https://ift.tt/edZG7...
Theranos founder Elizabeth Holmes attempted to flee US, prosecutors claim
According to a new court filing, the 38-year-old bought a one-way ticket to Mexico last January.
from BBC News - Business https://ift.tt/RCsB7...
Stagecoach co-founder Dame Ann Gloag charged with human trafficking offences
The Stagecoach co-founder, her husband and two members of her family strongly deny the allegations.
from BBC News - Business https://ift.tt/pE9NS...
Elite chefs say kitchen work 'like going to war' - study finds
Michelin star chefs routinely face mental and physical abuse at work, a new study suggests.
from BBC News - Business https://ift.tt/TFvOj...
Lloyds and Halifax to close 40 more bank branches
As more people bank online, footfall in physical branches has dropped, says Lloyds Banking Group.
from BBC News - Business https://ift.tt/Jj06U...
UK poised to give £300m in rescue funding to British Steel
The government is poised to help the struggling steelmaker secure thousands of jobs.
from BBC News - Business https://ift.tt/E1DCY...
Thursday, January 19, 2023
Netflix: Reed Hastings steps down but subscribers jump
The streaming service is attracting new customers as co-founder Reed Hastings hands over the reins.
from BBC News - Business https://ift.tt/OdoA5...
Bailey: Inflation 'likely to fall rapidly' this year
Bank of England governor says UK may have "turned the corner" on price rises, but recession remains likely.
from BBC News - Business https://ift.tt/JD6ok...
New FTX boss John Ray could bring back bankrupt crypto firm
John Ray said he may restart the platform to try to recover "value" for customers who lost money.
from BBC News - Business https://ift.tt/ufDSw...
Rail workers given fresh pay offer in dispute
Train companies have increased their offer to RMT rail workers in an attempt to prevent more strikes.
from BBC News - Business https://ift.tt/QTilG...
Argos to close all stores in Republic of Ireland in June
The 34 stores the company operates will close after the investment needed was not viable.
from BBC News - Business https://ift.tt/AdWIY...
Cost of living: Calls grow for a ban on prepayment meter switching
Citizens Advice says it has seen a sharp increase in people needing crisis support, such as emergency grants.
from BBC News - Business https://ift.tt/RLnqI...
Hotel Chocolat among Christmas retail winners but Dr Martens struggles
The confectioner is latest retailer to see strong festive sales, but shoemaker Dr Martens struggles.
from BBC News - Business https://ift.tt/WXkTn...
Wednesday, January 18, 2023
Train strikes: Cheaper to settle, minister admits
It would have cost the UK less if the disputes had been settled months ago, admits rail minister.
from BBC News - Business https://ift.tt/UXlBh...
Microsoft to cut 10,000 jobs as spending slows
Chief executive Satya Nadella says cuts will cost $1.2bn as tech firms scale back from Covid growth.
from BBC News - Business https://ift.tt/1nxSd...
Cost of living: Rents and house prices continue to rise
Private rental prices continue a trend of rises higher than anytime in the last seven years.
from BBC News - Business https://ift.tt/hjHRE...
Air travel costs soar at record rate in December
The price of a plane journey hit rose at the fastest pace since 1989 while coach travel jumped.
from BBC News - Business https://ift.tt/nMN6y...
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.
from BBC News - Business https://ift.tt/kyCST...
Tuesday, January 17, 2023
UN workers' rights agency denies backing UK anti-strike laws
The US labour secretary also opposes the UK government's plans for “minimum service agreements”.
from BBC News - Business https://ift.tt/6Z184...
Elon Musk begins trial over Tesla tweet that cost him $20m
Shareholders are suing the Tesla CEO over a 2018 tweet saying he had the funds to take the firm private.
from BBC News - Business https://ift.tt/2omj1...
Ukraine's deputy PM confident 'we will win this year'
Yuliia Svyrydenko says she is confident Ukraine will see victory this year in its war with Russia.
from BBC News - Business https://ift.tt/bNvF4...
Ocado says shoppers buying fewer items as costs rise
The online grocery delivery service says shoppers are buying less as the cost of living soars.
from BBC News - Business https://ift.tt/ops1m...
Britishvolt expected to fall into administration
Sources have told the BBC to expect a notice to be filed in insolvency courts this morning.
from BBC News - Business https://ift.tt/4aWEH...
Monday, January 16, 2023
Covid: China 2022 economic growth hit by coronavirus restrictions
The world's second largest economy abruptly lifted its tough coronavirus restrictions in December.
from BBC News - Business https://ift.tt/LKn9s...
Putin is weaponising food, says boss of fertiliser giant Yara
The boss of Yara says Russia's invasion of Ukraine has driven up the price of fertilisers and food.
from BBC News - Business https://ift.tt/wYxyS...
Bank of England governor warns of Truss hangover effect
The UK still needs to rebuild its economic reputation around the world, says Andrew Bailey.
from BBC News - Business https://ift.tt/pqtAP...
Twitter: Five ways Elon Musk has changed the platform for users
Twitter users say the social network has "a different vibe" since the billionaire took charge.
from BBC News - Business https://ift.tt/kqWuG...
M&S to create 3,400 jobs as it opens new stores
The retailer says it will open 20 stores in the next year, including five in former Debenhams sites.
from BBC News - Business https://ift.tt/4om9F...
Dr Ranj Singh: Four ways to protect your mental health
The rising cost of living can be stressful but there are steps you can take to help.
from BBC News - Business https://ift.tt/ZTzN2...
Sunday, January 15, 2023
Energy boss warns higher bills are here to stay
Equinor's chief says while prices will not be as volatile, investment in renewables must be paid for.
from BBC News - Business https://ift.tt/COjE0...
Friday, January 13, 2023
Winklevoss firm charged in US over crypto sales
Its partner company is also accused of illegal sales to hundreds of thousands of investors.
from BBC News - Business https://ift.tt/rumNt...
India targets China's dominance in mobile phones
There's some way to go, but India hopes to build its own world-class mobile phone industry.
from BBC News - Business https://ift.tt/jK0ds...
Byron Burger chain owner shuts sites and axes jobs
The company will close nearly half of its restaurants and cut 218 staff in a further restructure.
from BBC News - Business https://ift.tt/vLV9B...
Adidas loses stripes row trademark battle with luxury designer Thom Browne
The sportswear giant argued the use of four parallel stripes was too similar to its logo.
from BBC News - Business https://ift.tt/W0rLO...
Thursday, January 12, 2023
Apple boss Tim Cook to have pay cut by over 40% this year
The technology giant's chief executive Tim Cook has faced criticism from investors over his salary.
from BBC News - Business https://ift.tt/3FoM5...
Does easing US inflation point the way for the world?
It may be good news for the rest of the world if price increases in the US continue to slow.
from BBC News - Business https://ift.tt/Y8ogN...
Royal Mail hit by Russia-linked ransomware attack
The group is working "around the clock" to resolve severe disruption to overseas deliveries.
from BBC News - Business https://ift.tt/D1jwX...
Disney accused of squeezing theme park customers
Investor Nelson Peltz says price rises at Disney's theme parks are unsustainable.
from BBC News - Business https://ift.tt/qKW7d...
Liberty Steel restructuring puts 440 jobs at risk
Union leaders say plans to mothball factories and cut production is a 'body blow' to workers.
from BBC News - Business https://ift.tt/qCmk8...
CPI: US inflation eases as energy prices drop
Consumer prices in the US rose 6.5% in December, the slowest pace in more than a year.
from BBC News - Business https://ift.tt/41mea...
Royal Mail: Overseas post still disrupted after 'cyber incident'
The group said its team was working "around the clock" to resolve disruption caused by a "cyber incident".
from BBC News - Business https://ift.tt/b89Kk...
Wednesday, January 11, 2023
Sri Lanka's central bank urges China and India to reduce its debts
The crisis-hit Indian Ocean state cannot access a $2.9bn bailout until its debts to China and India are resolved.
from BBC News - Business https://ift.tt/5PnhU...
World's richest man promotes daughter to head Dior
Bernard Arnault made his fortunes as chief executive of French fashion giant, LVMH.
from BBC News - Business https://ift.tt/x3vFg...
100,000 civil servants to strike on 1 February
People working in 124 government departments and several other bodies will walk out on 1 February.
from BBC News - Business https://ift.tt/zHuQi...
Royal Mail 'cyber incident' hits overseas post
It is telling customers to stop sending items overseas while it tries to resolve the issue.
from BBC News - Business https://ift.tt/lYyKn...
Elon Musk's drop in fortunes could break record
The Tesla and Twitter boss has seen his fortune fall by $165bn (£135bn) since November 2021.
from BBC News - Business https://ift.tt/CKxg5...
Goldman Sachs starts massive round of job cuts
As many as 3,200 people will be affected by the cuts, the investment bank says.
from BBC News - Business https://ift.tt/xBD8o...
Tuesday, January 10, 2023
Cryptocurrency: UK Treasury considers plan for digital pound
The economic secretary to the Treasury says the UK is committed to becoming a world crypto hub.
from BBC News - Business https://ift.tt/gTKL1...
Grant Shapps unveils new powers in strike laws
Unions say the plans for minimum service levels are "undemocratic and unworkable".
from BBC News - Business https://ift.tt/JNlGM...
Strikes Update: How Wednesday 11 January’s walkouts will affect you
What you need to know about the ambulance workers' strike and other industrial action, by the BBC's Zoe Conway.
from BBC News - Business https://ift.tt/90awK...
Wilko customer service staff at risk of redundancy
The 95 staff members at its contact centre are in a consultation process, the company says.
from BBC News - Business https://ift.tt/a2tom...
Britishvolt: Takeover talks with Indonesia-linked investment group
The plans for an electric vehicle battery factory in Northumberland have been beset by delays.
from BBC News - Business https://ift.tt/Qzjog...
Monday, January 9, 2023
Will the metaverse be your new workplace?
Some predict that in the future we'll work in virtual worlds, but others are not convinced.
from BBC News - Business https://ift.tt/3fUmE...
Energy bill support for firms to be reduced from April
The government says the current level of support for firms was "unsustainably expensive".
from BBC News - Business https://ift.tt/8BfPG...
McDonald's: Former boss Easterbrook fined after staff relationship
Stephen Easterbrook was fired in 2019 after the firm found he had had a consensual relationship with an employee.
from BBC News - Business https://ift.tt/ykHPg...
UK space launch: Historic Cornwall rocket mission set to blast off
A modified jumbo jet will fly out of Cornwall on a mission to send nine satellites to orbit.
from BBC News - Business https://ift.tt/QGLZ5...
Brewdog boss pays out £500,000 in gold can row
James Watt says he made some "costly mistakes" in ads offering people a chance to win gold cans.
from BBC News - Business https://ift.tt/HT5Rz...
Rents rising at fastest rate for seven years
Renters are being hit harder than owners by rising housing costs, official data shows.
from BBC News - Business https://ift.tt/5aS61...
Sunday, January 8, 2023
Union talks aimed at ending strike action
Officials are expected to hold separate talks on Monday with health, teaching and rail unions.
from BBC News - Business https://ift.tt/ecKLZ...
US Farmers win right to repair John Deere equipment
The grassroots movement has grown among consumers around the world as repair costs soar.
from BBC News - Business https://ift.tt/yqNYj...
Fashion brands paid Bangladesh factories less than cost - report
High street retailers paid suppliers in Bangladesh less than production costs, researchers claim.
from BBC News - Business https://ift.tt/PnYmR...
Single-use cutlery and plates to be banned in England
Figures suggest more than four billion pieces of single-use cutlery are used in England each year.
from BBC News - Business https://ift.tt/hEqHw...
Strike daily: How Monday 9 January strikes will affect you
What you need to know about industrial action taking place on Monday.
from BBC News - Business https://ift.tt/1XlTI...
Jack Ma to give up control of fintech giant Ant Group
The billionaire has seldom been seen in public since criticising China's financial sector in 2020.
from BBC News - Business https://ift.tt/N1Lzo...
Saturday, January 7, 2023
The pandemic entrepreneurs moving into the High Street
Entrepreneurs who started internet firms in lockdown are making the transition to bricks and mortar.
from BBC News - Business https://ift.tt/yejUF...
Friday, January 6, 2023
Flying boats and other tech for cleaner shipping
The shipping industry is experimenting with foils, sails and fuel to make itself less carbon intensive.
from BBC News - Business https://ift.tt/AdYyN...
McDonald's plans corporate job cuts and restructuring
The global burger chain did not confirm details about the scope of the cuts it is planning.
from BBC News - Business https://ift.tt/0I7oT...
US economy sees robust jobs growth in December
Hiring in the US remains strong, despite the impact of sharply rising prices.
from BBC News - Business https://ift.tt/VeAv3...
BA unveils jumpsuits in first uniform revamp for 20 years
The airline has updated its workwear for the first time in 20 years with designs by Ozwald Boateng.
from BBC News - Business https://ift.tt/3uHYR...
Wind generated a record amount of electricity in 2022
More electricity in Great Britain last year came from renewable sources than from fossil fuels.
from BBC News - Business https://ift.tt/JpfrF...
Thursday, January 5, 2023
Taliban and China firm agree Afghanistan oil extraction deal
It is the first major energy extraction agreement with a foreign firm since the Taliban took power.
from BBC News - Business https://ift.tt/2qH9Z...
Samsung sees profit plunge by 69% as chip prices slump
The slump comes as the global economic slowdown hits memory chip prices and demand for devices.
from BBC News - Business https://ift.tt/J152i...
Many Android phones to get satellite connectivity
When there is no mobile coverage, phones will be able to send and receive emergency texts via satellite.
from BBC News - Business https://ift.tt/AjIzt...
Staff must be free to work for employer's rivals - US regulator
Officials say non-compete clauses unfairly limit pay and opportunities for some 30 million Americans.
from BBC News - Business https://ift.tt/IL92M...
Iron Maiden release limited edition postal stamps with Royal Mail
English heavy metal band Iron Maiden have been honoured with a set of twelve commemorative stamps.
from BBC News - Business https://ift.tt/gOByU...
Covid: Hong Kong to lift year-long ban on hamster imports
Officials in the city previously ordered a culling of the pets to stop the spread of Covid-19.
from BBC News - Business https://ift.tt/89SY5...
Next warns of 8% price rise for spring and summer
The High Street retailer expects price increases to continue into the second half of 2023.
from BBC News - Business https://ift.tt/9nTyL...
Wednesday, January 4, 2023
Amazon to shed over 18,000 jobs as it cuts costs, CEO says
The announcement comes after the technology giant said last year that it would reduce its headcount.
from BBC News - Business https://ift.tt/rTAq0...
UK new car sales hit 30 year low but electric vehicle demand soars
A chip shortage contributed to the drop in car registrations in 2022 - but electric cars boost market share.
from BBC News - Business https://ift.tt/wlY0C...
Meta fined €390m over use of data for targeted ads
The EU data watchdog says the way Meta obtained permission to process users' data for ads broke data law.
from BBC News - Business https://ift.tt/xWfJI...
Mortgage approvals sink to lowest level in two years
New figures from the Bank of England show that they dropped to their lowest level since the middle of the pandemic.
from BBC News - Business https://ift.tt/uo4GO...
Warm winter may lower energy bills later this year
Forecasts suggest bills for households may drop later in the year, although a rise in April remains certain.
from BBC News - Business https://ift.tt/8rZSC...
Tuesday, January 3, 2023
Tuesday to Thursday is the new office working week, data suggests
Analysis of mobile phone data finds people are swapping big cities for life by the seaside.
from BBC News - Business https://ift.tt/E9yIM...
Shoppers face higher prices after energy bill help ends
Shops may have no choice but to up prices when energy bills rise in April, the retail industry body says.
from BBC News - Business https://ift.tt/7rGoT...
Microsoft recognises first labour union in US
Quality assurance workers at the video production company ZeniMax studios agreed to form a labour union.
from BBC News - Business https://ift.tt/oNBL4...
Sam Bankman-Fried pleads not guilty to fraud
'King of Crypto' Sam Bankman-Fried could face more than 100 years in prison if convicted.
from BBC News - Business https://ift.tt/prwt6...
Strike daily: How Wednesday 4 January’s walkouts will affect you
What you need to know about the rail strike and other strike action this week, by the BBC's Zoe Conway.
from BBC News - Business https://ift.tt/SDTnF...
Tom Karen: Designer behind 1970s' cult classics dies
Tom Karen helped create some famous children's products from the 1970s as well as the Bond Bug car.
from BBC News - Business https://ift.tt/pWwok...
Firms call for clarity over energy bill support
Gyms and hospitality firms say they need to know if they will get help from the government after March.
from BBC News - Business https://ift.tt/IjQFp...
Cost-of-living payments: Three instalments totalling £900 confirmed
People receiving benefits and on a low income will receive the money in three instalments.
from BBC News - Business https://ift.tt/XtaD1...
Monday, January 2, 2023
Four-day working week: How we got here - and where next
Working four days a week might seem radical. But it wasn't so long ago that a six-day week was normal.
from BBC News - Business https://ift.tt/4OQFH...
Train strikes: People returning to work face more strikes
Only 20% of services are expected to run this week due to walkouts by RMT and Aslef union members.
from BBC News - Business https://ift.tt/IoGEf...
Dubai scraps 30% alcohol tax and licence fee in apparent bid to boost tourism
It will also stop charging for personal alcohol licences - something anyone who intends to drink needs to carry.
from BBC News - Business https://ift.tt/Wtl1J...
Sunday, January 1, 2023
Third of world in recession this year, IMF head warns
Kristalina Georgieva said 2023 will be "tougher" than last year as the global economy faces challenges.
from BBC News - Business https://ift.tt/LSQRZ...
Shops face challenging year ahead, says industry body
The first half of 2023 will be particularly difficult, the British Retail Consortium predicts.
from BBC News - Business https://ift.tt/CwDNL...
