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Saturday, September 30, 2023

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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Friday, September 29, 2023

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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Thursday, September 28, 2023

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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Wednesday, September 27, 2023

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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Tuesday, September 26, 2023

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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Monday, September 25, 2023

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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Sunday, September 24, 2023

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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Saturday, September 23, 2023

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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Friday, September 22, 2023

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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Thursday, September 21, 2023

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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Wednesday, September 20, 2023

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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Tuesday, September 19, 2023

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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Monday, September 18, 2023

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.

from BBC News - Business https://ift.tt/j5uGcrQ

Sunday, September 17, 2023

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.

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Friday, September 15, 2023

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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Thursday, September 14, 2023

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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Wednesday, September 13, 2023

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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Tuesday, September 12, 2023

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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Monday, September 11, 2023

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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Sunday, September 10, 2023

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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Saturday, September 9, 2023

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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Friday, September 8, 2023

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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Thursday, September 7, 2023

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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Wednesday, September 6, 2023

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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Tuesday, September 5, 2023

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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Monday, September 4, 2023

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.

from BBC News - Business https://ift.tt/SnH4B31

Sunday, September 3, 2023

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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Saturday, September 2, 2023

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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Friday, September 1, 2023

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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N Korea hackers stole $1.3bn of crypto this year - report

Some incidents may be linked to North Korean IT workers infiltrating tech firms, according to research firm Chainalysis. from BBC News htt...