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Thursday, November 30, 2023

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/IrTZe...

Former Chancellor Alistair Darling dies aged 70

Tributes from all sides to former Labour chancellor who steered the UK through 2008's economic crisis. from BBC News - Business https://ift.tt/kCd0o...

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/qG6RT...

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. from BBC News - Business https://ift.tt/5Cmq7...

Wednesday, November 29, 2023

Feminist site Jezebel to be revived after sale

Paste Magazine, a music publication, said it planned to relaunch this week. from BBC News - Business https://ift.tt/rHEml...

Amazon latest tech giant to announce AI chatbot

The bot, called Q, can help firms answer customer queries, analyse data and help with coding. from BBC News - Business https://ift.tt/lnBWH...

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/oeHZu...

Tuesday, November 28, 2023

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/UD2Fp...

'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. from BBC News - Business https://ift.tt/Q9Rmw...

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. from BBC News - Business https://ift.tt/pJ5zT...

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. from BBC News - Business https://ift.tt/ZD9jP...

Monday, November 27, 2023

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. from BBC News - Business https://ift.tt/a6Fcm...

No rate cuts for foreseeable future, says Bank

Andrew Bailey, governor of the Bank of England, says lowering inflation further will be "hard work". from BBC News - Business https://ift.tt/Iwz4k...

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/yXuEq...

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/Dt3uY...

Sunday, November 26, 2023

Tobacco firm calls for tougher rules on vapes

BAT wants sellers to be licensed, and sweet flavours banned from BBC News - Business https://ift.tt/EYr9Z...

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". from BBC News - Business https://ift.tt/39fyd...

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/ymkJe...

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/YAJ4R...

Saturday, November 25, 2023

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/AVH0w...

Friday, November 24, 2023

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/EVA6Y...

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/AGtv6...

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/us1MT...

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/atpMi...

Thursday, November 23, 2023

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/AhsIX...

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/ytfzG...

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

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. from BBC News - Business https://ift.tt/5a4xL...

Wednesday, November 22, 2023

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

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/WIFib...

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

How lockdown inspired fight against period poverty

Inside a project tackling period poverty, with an army of thousands of volunteers across the world. from BBC News - Business https://ift.tt/fx9Fb...

Tuesday, November 21, 2023

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/XJ1Bh...

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/CY0Gi...

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/QDrKC...

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/wmqaB...

Monday, November 20, 2023

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. from BBC News - Business https://ift.tt/dusf7...

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/KMbij...

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/I9PDU...

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. from BBC News - Business https://ift.tt/i46bs...

Sunday, November 19, 2023

‘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. from BBC News - Business https://ift.tt/HDy1N...

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

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. from BBC News - Business https://ift.tt/m0Vil...

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. from BBC News - Business https://ift.tt/39GFY...

X ad boycott gathers pace amid antisemitism storm

US firms, including Apple and Disney, are reportedly suspending ads on the Elon Musk-owned site. from BBC News - Business https://ift.tt/9si8p...

Friday, November 17, 2023

AI boss Sam Altman ousted by OpenAI board

OpenAI said it 'no longer had confidence' in his ability to lead the artificial intelligence firm. from BBC News - Business https://ift.tt/zH3TR...

White House criticises Elon Musk over 'hideous' antisemitic lie

Controversies over antisemitism have engulfed the billionaire and his social network, X. from BBC News - Business https://ift.tt/ig1dX...

What is inheritance tax and will it be cut?

Inheritance tax is again creating political debate so how does it work and who pays? from BBC News - Business https://ift.tt/zKZt7...

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. from BBC News - Business https://ift.tt/fu2K9...

Thursday, November 16, 2023

Russian Carlsberg staff arrested after business seized

Two senior managers of Carlsberg's Russian subsidiary were arrested on Wednesday over allegations of fraud. from BBC News - Business https://ift.tt/kl9dM...

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. from BBC News - Business https://ift.tt/6u719...

Cinema advertising boss inspired by Avengers Assemble

Kathryn Jacob, CEO of cinema advertising firm Pearl & Dean, explains her philosophy of team leadership. from BBC News - Business https://ift.tt/Sy6Nw...

Wednesday, November 15, 2023

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. from BBC News - Business https://ift.tt/4xmGk...

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. from BBC News - Business https://ift.tt/9YWvX...

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

Tuesday, November 14, 2023

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

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. from BBC News - Business https://ift.tt/TVPz7...

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

Meta OKs deleting Threads without losing Instagram

Previously, getting rid of the app fully required deleting the associated Instagram account. from BBC News - Business https://ift.tt/uz1pG...

Monday, November 13, 2023

Nepal to ban TikTok citing disruption to social harmony

TikTok is under scrutiny over concerns that data could be passed to the Chinese government. from BBC News - Business https://ift.tt/CRwgl...

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. from BBC News - Business https://ift.tt/4Tthq...

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

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

Sunday, November 12, 2023

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

Peter Nygard: Fashion mogul guilty of sex assaults

The 82-year-old is still facing a trial in Montreal and extradition to the US. from BBC News - Business https://ift.tt/ePC6n...

Saturday, November 11, 2023

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. from BBC News - Business https://ift.tt/Y075C...

Friday, November 10, 2023

Ryanair: How a budget airline took off on TikTok

Through comedy TikToks about its extra fees, Ryanair has attracted millions of likes and followers. from BBC News - Business https://ift.tt/Bnubd...

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. from BBC News - Business https://ift.tt/c1rst...

Microsoft Teams and Xbox down for some in UK and Europe

Users are complaining of problems accessing workplace app and the gaming platform. from BBC News - Business https://ift.tt/mUpSA...

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

Thursday, November 9, 2023

Fuel prices still cause for concern, warns watchdog

A new report has found while wholesale prices have dropped, petrol and diesel is more expensive. from BBC News - Business https://ift.tt/t8b1D...

Mortgage arrears up sharply with landlords hit hard

Rising interest rates put pressure on homeowners and landlords, with more falling behind on payments. from BBC News - Business https://ift.tt/h1eBi...

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

Apple co-founder Steve Wozniak in hospital - reports

The 73-year-old passed out at a business conference in Mexico City, according to reports. from BBC News - Business https://ift.tt/GeCO0...

Wednesday, November 8, 2023

Disney boss declares new era after job cuts

The entertainment giant has been under pressure as its traditional movie and film businesses decline. from BBC News - Business https://ift.tt/GWD7L...

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. from BBC News - Business https://ift.tt/gQ85z...

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. from BBC News - Business https://ift.tt/gjpw9...

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

Tuesday, November 7, 2023

China detains DouYu founder, investment guru - reports

They include a streaming app founder and an executive referred to as China's Warren Buffett. from BBC News - Business https://ift.tt/UZFtg...

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

Monday, November 6, 2023

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

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

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. from BBC News - Business https://ift.tt/RJ6wN...

Sunday, November 5, 2023

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. from BBC News - Business https://ift.tt/54otY...

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

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

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. from BBC News - Business https://ift.tt/0jMU7...

Saturday, November 4, 2023

Sustainable fishing: The tech making it cheaper and greener

Fishermen in Scotland and Indonesia are trialling new technology to improve their catch. from BBC News - Business https://ift.tt/6SB3b...

Friday, November 3, 2023

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. from BBC News - Business https://ift.tt/u35yJ...

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. from BBC News - Business https://ift.tt/2C43S...

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. from BBC News - Business https://ift.tt/hfg5r...

Thursday, November 2, 2023

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. from BBC News - Business https://ift.tt/iCJW0...

New mothers faced energy meter force-fittings

The first warrants granted for months to force-fit prepayment meters wrongly included new mothers' homes. from BBC News - Business https://ift.tt/aiy2Y...

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. from BBC News - Business https://ift.tt/4svzM...

Wednesday, November 1, 2023

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

Sam Bankman-Fried is facing charges of fraud and money laundering, which he denies. from BBC News - Business https://ift.tt/Nau67...

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

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

The Global Story

Global markets have been sent into turmoil by Trump’s tariffs… from BBC News https://ift.tt/GcHa5nm