Shutdown: Congress votes to keep US government open

But a vote on President Biden's massive $1tn (£750bn) infrastructure bill was postponed.

from BBC News - Business https://ift.tt/3kWqeEs

Aukus: Australia-EU trade talks delayed as row deepens

The postponement of the meeting comes after Canberra pulled out of a $37bn defence deal with France.

from BBC News - Business https://ift.tt/3kXpEGz

Black Widow: Disney and Scarlett Johansson settle lawsuit

Johansson argued she was deprived of earnings when the movie was offered on Disney+.

from BBC News - Business https://ift.tt/2Wrbp34

Millions of households face 12% gas and electricity price rise

Standard energy bills rise by £139 a year and prepayment meter bills see sharper rise under new price cap.

from BBC News - Business https://ift.tt/3B1GKIE

Restaurants warn prices will rise due to VAT hike

The increased sales tax will be passed on to customers, say restaurant and bar bosses.

from BBC News - Business https://ift.tt/3CYsmSc

Can you be coached on how to be happy?

The happiness industry has grown in popularity during the pandemic but it's not without its critics.

from BBC News - Business https://ift.tt/3D1CklA

Macy's sues to stop Amazon using famous New York billboard

New York's famous department store claims Amazon plans to advertise directly outside its flagship site.

from BBC News - Business https://ift.tt/3oohadl

Leicester City and JD Sports merchandise probe

A competition watchdog has "reasonable grounds to suspect one or more breaches of competition law".

from BBC News - Business https://ift.tt/3mgghAW

Evergrande: Chinese property giant 'misses another payment deadline'

The indebted Chinese property giant is said to have missed more payments to overseas investors.

from BBC News - Business https://ift.tt/3AYRF5Q

Boohoo sales soar but shipping costs dent profits

The fast fashion retailer saw pre-tax profits hit by high shipping costs in the six months to 31 August.

from BBC News - Business https://ift.tt/3F56sOR

EG Group petrol station staff get pay rise

Asda owners raise wages of service station staff for "heroic" work in pandemic and amid fuel crisis.

from BBC News - Business https://ift.tt/3iEDdZZ

UK lockdown rebound stronger than first thought

Household spending drove economic growth at a faster pace than previously estimated during spring.

from BBC News - Business https://ift.tt/3l0ZWkx

Rapid house price growth continues in September, says Nationwide

Property prices have risen at 10% or more a year for each of the last five months, the Nationwide says.

from BBC News - Business https://ift.tt/3uoJAoJ

China power cuts: What is causing the country's blackouts?

Millions of homes and businesses have been hit due to a severe shortage of electricity.

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

Cost of living: £500m in new grants to help poorest households

The government announces the support as other schemes, including furlough, close.

from BBC News - Business https://ift.tt/3kTBFwr

Changing China: How Beijing's crackdowns are impacting business

Businesses are under intense scrutiny as President Xi attempts to narrow China's wealth gap.

from BBC News - Business https://ift.tt/3zWpaEJ

UK furlough scheme ends amid calls for further support

Firms still relying on the job protection scheme call for more support as it is wound up.

from BBC News - Business https://ift.tt/3AUOnAN

Covid: What impact has the furlough scheme had?

The scheme to protect jobs is coming to an end having cost nearly £70bn.

from BBC News - Business https://ift.tt/3uwgW55

Katty Kay: Former BBC journalist quits US media firm

Ms Kay has quit Ozy Media after reports one of its executives deceived potential investors.

from BBC News - Business https://ift.tt/3CUQhlu

Amazon offers bonuses to attract 20,000 temporary staff

The retail giant will pay sign-on fees to temporary staff as it recruits 20,000 seasonal workers.

from BBC News - Business https://ift.tt/3m7ITMR

Three more energy firms go bust amid gas price rise

Enstroga, Igloo Energy and Symbio Energy are the latest to go under, Ofgem announces.

from BBC News - Business https://ift.tt/3oi5KI5

Upcoming Frasers boss gets £100m pay deal approval

Shareholders back the £100m pay deal for Michael Murray, Mike Ashley’s prospective son-in-law.

from BBC News - Business https://ift.tt/3F4ld4I

Ikea to remove CCTV found above toilets at Peterborough distribution centre

The furniture giant says it understands that the discovery of the cameras "may be concerning".

from BBC News - Business https://ift.tt/3ukOi70

GB number plate sticker no longer valid abroad

The GB stickers motorists use when driving abroad are no longer valid after a change in UK rules.

from BBC News - Business https://ift.tt/3CUk5i7

Amazon's algorithms taken to task in landmark bill

Warehouse workers can no longer be sacked for time off task if they have good reason to take breaks.

from BBC News - Business https://ift.tt/3kOxJx6

Pensions department faces 'serious questions' over non-payments

Thousands of newly-retired people have not been paid their state pension owing to a backlog.

from BBC News - Business https://ift.tt/2Y9JNAr

China: Big spender or loan shark?

China hands out twice as much development cash as the US - mostly high-interest loans from state banks.

from BBC News - Business https://ift.tt/3m7fiDl

United Airlines to fire staff who refuse vaccine

The vast majority of its 67,000 US employees comply with the airline's Covid-19 vaccine policy.

from BBC News - Business https://ift.tt/3kRgfA9

Next calls for immigration rules to be relaxed

The UK retailer says the government must act to prevent staffing shortages during the festive season.

from BBC News - Business https://ift.tt/3AQC0FW

Hinkley nuclear power station on track for 2026 opening

The site in Somerset is 49% complete after five years of construction.

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

Petrol supply: Army gets ready to assist as PM reassures drivers

Boris Johnson says the fuel situation is "improving" as about 150 military tanker drivers begin training.

from BBC News - Business https://ift.tt/2XW0b7l

Evergrande: Struggling firm to raise $1.5bn as debt payment looms

The deal comes as the cash-strapped firm faces another interest payment deadline on Wednesday.

from BBC News - Business https://ift.tt/3Fbt2pp

The race to replace persistent chemicals in our homes

Why widely-used PFAS coatings found on objects like frying pans and raincoats are in the spotlight.

from BBC News - Business https://ift.tt/3F7MEdY

Cryptocurrency expert admits aiding North Korea

The US Department of Justice says he "jeopardised the national security of the United States".

from BBC News - Business https://ift.tt/39Pj5iA

Oil price rises above $80 for first time in three years

Analysts believe that oil prices will continue to rise amid surging demand and tight supplies.

from BBC News - Business https://ift.tt/3zVkWNO

Petrol supply: Crisis starting to ease, Boris Johnson says

The situation at fuel stations is "stabilising", says the PM, after days of queues and pump closures.

from BBC News - Business https://ift.tt/3zTr7l7

Amazon announces Astro the home robot

Astro can patrol the home when you're not there, or be remotely controlled.

from BBC News - Business https://ift.tt/3kQaKlo

Key workers struggling to travel amid fuel crisis

Panic buying of petrol has left some key workers unable to get fuel to travel to work.

from BBC News - Business https://ift.tt/39Z48uN

What's in short supply and why?

Shortages are one thing we don't seem to be running out of in the UK right now.

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

New 159 fraud hotline launched to counter threat

Potential victims who dial it will be automatically connected to their bank's fraud prevention service.

from BBC News - Business https://ift.tt/3D7ZwPx

Broadband switching to be made faster and easier under new rules

Switching from one tech to another will no longer require long phone calls to several companies.

from BBC News - Business https://ift.tt/3ARLxfG

Outlook bleak for drivers as petrol prices surge, says RAC

Pump prices have reached an eight-year high, the motoring body says, amid the current fuel crisis.

from BBC News - Business https://ift.tt/3ocM9sO

Southeastern: Government takes over services after 'serious breach'

The government says it will consider options for more action, including financial penalties.

from BBC News - Business https://ift.tt/3idBomx

Al Gore's firm buys £483m stake in Octopus Energy Group

Al Gore's Generation Investment Management buys a 13% stake in UK firm Octopus Energy Group.

from BBC News - Business https://ift.tt/3kLZh62

Goldman Sachs cuts China growth forecast over power outages

The country has seen electricity shortages that have left some factories and homes without power.

from BBC News - Business https://ift.tt/3F0KlsT

Ford announces $11.4bn investment in electric vehicle plants

The US carmaker vows to "lead America's shift to electric vehicles" with largest ever factory.

from BBC News - Business https://ift.tt/3AP4uj8

Green investing: How your savings can fight climate change

Campaigners say you should see your money as a secret superpower that can help save the planet

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

Can football-playing robots beat the World Cup winners by 2050?

The robot football league that is hoping to eventually beat the best human team in the world.

from BBC News - Business https://ift.tt/3lVHqsS

Homeworking helps careers, say majority of women

Just over half of women think working from home will help advance their careers, says a survey for the BBC.

from BBC News - Business https://ift.tt/2XXRud6

Taliban: Afghanistan bank boss warns sector near collapse

The head of one of Afghanistan's biggest banks says the country's financial sector is near collapse.

from BBC News - Business https://ift.tt/3uiWC7l

Mr Goxx, the crypto-trading hamster beating human investors

Can a hamster trading cryptocurrency beat human investors in the stock market? Mr Goxx can.

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

Instagram for kids paused after backlash

Facebook delays its child-friendly Instagram version to do more work with concerned parents.

from BBC News - Business https://ift.tt/3kIkcHm

Power cuts hit homes in north-east China

An electricity shortage affecting factories has now spread to some homes.

from BBC News - Business https://ift.tt/3lV7W5G

Fuel supply: Army put on standby to ease pressure on petrol stations

Military drivers are being trained so they are ready to be deployed if necessary, the government says.

from BBC News - Business https://ift.tt/3okL7Lk

Fuel supply: Minister blames empty petrol pumps on unnecessary purchases

The situation will "calm down" when people fill their cars normally, the environment secretary said.

from BBC News - Business https://ift.tt/3i83Tly

UK visa plan will not fix lorry driver shortage, says boss

The move will not solve the UK's shortage of qualified drivers, says a leading EU haulage chief.

from BBC News - Business https://ift.tt/3CH5yGu

Grant Thornton fined £4m for Patisserie Valerie scandal

The accountancy firm has been fined £4m for audit failings of bust cake chain Patisserie Valerie

from BBC News - Business https://ift.tt/3udbdAU

Aldi says it can weather the food shortage storm

Aldi’s UK boss says its deliveries are moving as normal, despite the lorry driver shortage.

from BBC News - Business https://ift.tt/3EUIlCp

China Evergrande: What the company's debt crisis means for the world

The property giant has missed an interest payment deadline, fuelling concerns that it will collapse.

from BBC News - Business https://ift.tt/3oc8bfo

Gas price crisis: Octopus ordered to take on Avro's customers

Ofgem has ordered Octopus Energy to take on 580,000 customers from collapsed firm Avro Energy.

from BBC News - Business https://ift.tt/3zEI7vn

Can green energy power Africa's future?

Energy access is a big issue for businesses in Africa, but can the continent go green as well?

from BBC News - Business https://ift.tt/2ZuT5Y9

Riskiest payments should be slowed to stop fraud, says Nationwide

Nationwide Building Society sets up a fraud checking hotline, but says wider changes are need to halt fraud.

from BBC News - Business https://ift.tt/3ob5B9m

Labour conference: Party to unveil plan to scrap business rates

Shadow chancellor Rachel Reeves will promise a fairer property tax in a speech to Labour's conference.

from BBC News - Business https://ift.tt/3EMNInc

Fuel supply: UK suspends competition law to get petrol to forecourts

It comes as the Petrol Retailers Association warns that up to two-thirds of its members are out of fuel.

from BBC News - Business https://ift.tt/3iajSPY

Farmers warn of Christmas turkey shortage due to lack of staff

Sales are already soaring despite fewer birds being produced for the big chains, a farming boss says.

from BBC News - Business https://ift.tt/2Wf5jmv

Fuel supply: Visas won't solve petrol supply issues - retailers

A trade body says filling stations are running out as ministers seek to bring in overseas lorry drivers.

from BBC News - Business https://ift.tt/2Y3bTNN

No fuel shortage, says transport secretary

Grant Shapps calls for drivers to be "sensible" and only fill up when they need to.

from BBC News - Business https://ift.tt/2XSCxZ2

Energy crisis not failure of regulation, says Ofgem boss

The boss of the regulator tells the BBC no one could have predicted the sharp rise in gas prices.

from BBC News - Business https://ift.tt/2XKPV1w

Hauliers and poultry workers to get temporary visas

Some 10,500 foreign lorry drivers and poultry workers will be able to work in the UK until Christmas Eve.

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

Lorry driver shortage: Government working on temporary visa scheme

A shortage of drivers has disrupted supply chains and fuel deliveries, with vehicles queuing for petrol.

from BBC News - Business https://ift.tt/3AKj3Vd

Nike and Costco warn of product shortages and delays

The sportswear giant and retailer are struggling to source products due to supply chain issues.

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

Huawei's Meng Wanzhou 'to be freed' in US deal

Chief financial officer Meng Wanzhou has been detained in Canada over US fraud charges since 2018.

from BBC News - Business https://ift.tt/3AHbxu6

Airport arrivals hit by passport gate failure

Passengers arriving at UK airports suffer delays after an IT problem hits self-service passport gates.

from BBC News - Business https://ift.tt/3AEfL61

Petrol: Ministers to meet over supply problem

They are due to meet on Friday afternoon despite the transport secretary saying fuel will "continue to flow".

from BBC News - Business https://ift.tt/3kBgn6E

China declares all crypto-currency transactions illegal

Trading Bitcoin and other crypto-currenices is a criminal activity, China's central bank says.

from BBC News - Business https://ift.tt/3lSnd7j

Thousands of energy customers facing bill shocks

People are awaiting decisions by the regulator about which surviving company will take on their supply.

from BBC News - Business https://ift.tt/3ADdtE0

Gas price crisis: Shift focus to using less energy, says boss

The government should concentrate on how people can use less energy to lower their bills, says boss.

from BBC News - Business https://ift.tt/3ulAEAF

Climate change: Construction companies told to stop knocking down buildings

Britain’s top engineers are urging the government to stop buildings being demolished.

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

Mondelez threatens trademark battle over bar's lilac packaging

Mondelez believes Primary Pantry's vegan fruit bar "exploits" the trademark of its Milka chocolates.

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

Evergrande: Investors in the dark over $83m bond payment

Financial markets have been rocked this week by concerns over the firm's more than $300bn of debt.

from BBC News - Business https://ift.tt/3i3kOpc

Fuel issues spark row over lorry drivers shortage

Some petrol stations closed on Thursday amid a driver shortage that has caused havoc with supply chains.

from BBC News - Business https://ift.tt/3CEZcr5

Restaurants set to be banned from withholding staff tips

The government is set to make it illegal for hospitality bosses to withhold tips from their workers.

from BBC News - Business https://ift.tt/3zBJYkK

The edible insects coming to a supermarket near you

A number of firms are now farming locusts and mealworms for human consumption.

from BBC News - Business https://ift.tt/3EFKXUK

Ministers examining how to fill food sector labour shortages

The government said it is "looking at options" to deal with labour shortages ahead of Christmas.

from BBC News - Business https://ift.tt/3zBLR0E

Theranos trial: Former US general 'amazed' by Elizabeth Holmes

Gen Mattis, a former defence secretary, thought it was a mistake when the Theranos founder was accused of fraud.

from BBC News - Business https://ift.tt/3o8ShCi

Ministers prepare for worst in gas price crisis

Business minister Paul Scully says the government needs to plan for a lengthy spell of high gas prices.

from BBC News - Business https://ift.tt/3zFhjLr

BP closes some sites due to lorry driver shortage

The oil firm said only "a handful" of sites are affected by the fuel supply issues.

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

Advertising regulator to clampdown on greenwashing ads

The Advertising Standards Authority will launch inquiries into false environmental claims made in ads.

from BBC News - Business https://ift.tt/3AP8jFj

Inflation: Bank of England says price rises to top 4% by year-end

The Bank keeps interest rates at 0.1% and says there are signs of slowing economic growth.

from BBC News - Business https://ift.tt/3lOZCUV

EU rules to force USB-C chargers for all phones

Manufacturers could be forced to change devices to a uniform charging port.

from BBC News - Business https://ift.tt/3CITKDJ

Millions face winter finance squeeze, says charity

Low-income families face a £710 rise in costs, the Joseph Rowntree Foundation estimates.

from BBC News - Business https://ift.tt/3ADA7Mx

Working from home: Staff abuse it, says City boss

Staff should not have the right to ask for flexible working from day one of new job, an employer says.

from BBC News - Business https://ift.tt/3CEWbad

Taiwan seeks entry into key trade pact before China

Taiwan has warned that its application into the CPTPP could be affected should China join first.

from BBC News - Business https://ift.tt/3EHdObl

Covid debt: A baby, job loss - and now eviction

Tenants are being evicted due to rent arrears built up during the pandemic, an investigation finds.

from BBC News - Business https://ift.tt/3u1t5ii

Evergrande: Shares in crisis-hit firm jump as debt deadline looms

The debt-laden developer is due to make a $83.5m interest payment on an overseas bond on Thursday.

from BBC News - Business https://ift.tt/2ZiJP9j

Changing China: Why Xi Jinping is leading a way back to socialism

China has not been very socialist for years, but the Communist Party looks set to change that.

from BBC News - Business https://ift.tt/3zEPROg

Vauxhall Motors plans Luton job losses amid chip crisis

The Unite union says it will "do everything in our power to mitigate or prevent" job losses.

from BBC News - Business https://ift.tt/3nYyzJG

Energy firms' collapse hits 1.5 million customers

Several energy suppliers, such as Avro Energy and Green, have gone bust in recent weeks.

from BBC News - Business https://ift.tt/3lOXZH1

CEO Secrets: 'In my business, you eat what you kill'

Music executive Riki Bleau shares his business advice for our CEO Secrets series.

from BBC News - Business https://ift.tt/3zuLAg0

US economy continues to strengthen despite Delta, says Fed

The central bank may start paring back its emergency support for the economy 'soon' - but didn't say when.

from BBC News - Business https://ift.tt/3hTZ8f6

Food firms warn of panic-buying this Christmas

Empty supermarket shelves may become commonplace as labour shortages bite, industry bodies say.

from BBC News - Business https://ift.tt/3nV9T4z

Travel rule change delayed by lateral flow test shortage

Transport Secretary Grant Shapps says private Covid testing firms cannot supply enough lateral flow tests.

from BBC News - Business https://ift.tt/3u9Ce8r

US lifting ban on imports of British lamb, says Boris Johnson

The PM says farmers can export to the US, and insists the chances of a wider trade deal are not fading.

from BBC News - Business https://ift.tt/3AzjAsW

Gas crisis: Head of regulator warns more customers face hit

The energy regulator says "well above" hundreds of thousands of customers may be left in limbo as more suppliers fold.

from BBC News - Business https://ift.tt/3nXiIuU

Fraudsters steal £4m a day as crime surges

Total losses through fraud rockets by 30% in the first half of the year, with many victims not refunded.

from BBC News - Business https://ift.tt/3nSVkP6

Evergrande: Crisis-hit firm strikes China debt deal

The company is also due to make a $83.5m interest payment on an offshore bond on Thursday.

from BBC News - Business https://ift.tt/3ztCQa8

China pledges to stop building new coal energy plants abroad

The announcement is the country's latest climate pledge and a major step forward to address emissions.

from BBC News - Business https://ift.tt/2XB1Qz1

German elections: Businesses face future without Merkel

Many companies in Germany are focused on short-term survival in the hope of medium-term revival.

from BBC News - Business https://ift.tt/3nVfdoP

Trade talks on the agenda as Johnson meets Biden

The talks between the UK prime minister and US president come as a possible trade pact is considered.

from BBC News - Business https://ift.tt/3nVO19a

Major record labels could face competition inquiry

The competition watchdog has been asked whether major record labels are distorting the market.

from BBC News - Business https://ift.tt/3lO6IJf

How 'nerd' culture powered through the pandemic

Meet the online content creators beating the odds to build successful careers from their passions.

from BBC News - Business https://ift.tt/3hQf4iG

'No clear end to HS2 cost and delays' say MPs

The Public Accounts Committee is "increasingly alarmed" about key parts of the rail project.

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

Pret to hire 3,000 staff after cutting same number in 2020

The coffee and sandwich chain says it hopes to open 200 shops and double in size within five years.

from BBC News - Business https://ift.tt/3zvwYNF

Catalogue of errors led to £1bn of state pension underpayments

The National Audit Office says 134,000 pensioners, mostly women, were affected by a preventable scandal.

from BBC News - Business https://ift.tt/3AHJHxO

Pandemic has changed travel forever, says AirBnB boss

Boss Brian Chesky says people are increasingly combining business and leisure travel thanks to remote working.

from BBC News - Business https://ift.tt/3u1AdLi

Covid travel test change date needed to avoid losses

Airlines and airports say they need a date for when PCR tests are removed so they don't lose out on bookings.

from BBC News - Business https://ift.tt/3CDiBJ5

Record backlog of cargo ships at California ports

Some 65 container ships are stuck outside the ports of Los Angeles and Long Beach, amid trade bottlenecks.

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

Mask-wearing on public transport sees big drop

Only 20% still wear masks at train stations now it is no longer compulsory, according to Network Rail.

from BBC News - Business https://ift.tt/2W4sqA8

Government strikes deal to restart CO2 production

It comes after one industry group warned shoppers could start noticing gaps on shelves within days.

from BBC News - Business https://ift.tt/3hTpUUN

Where does the UK get its gas and is it facing a shortage this winter?

A surge in gas prices has prompted fears of hard times ahead - but how bad could it get?

from BBC News - Business https://ift.tt/2XCNxu9

Inflation to remain higher for two years, warns OECD

The UK is expected to have inflation of 3% at the end of 2022, the highest rate of the advanced economies.

from BBC News - Business https://ift.tt/3CvtBIi

Staff to gain day one right to request flexible working

Under government proposals, all employees will be given the right to request flexible working.

from BBC News - Business https://ift.tt/2VWrwW8

National Express in talks to buy transport rival Stagecoach

The move comes after both bus firms were hit hard by falling passenger numbers during the pandemic.

from BBC News - Business https://ift.tt/2XMq1eb

Government borrowing higher than expected in August

Borrowing was lower than a year earlier, but was still the second-highest on record for August.

from BBC News - Business https://ift.tt/3AuJhuH

Gas crisis: Energy price cap will stay, say Kwasi Kwarteng and Ofgem

Price rises will be limited to 12% as Business Secretary Kwasi Kwarteng rejects fears of power cuts.

from BBC News - Business https://ift.tt/3AwkVRw

Can apps manage our chronic health conditions?

A Swedish tech firm has created an app to help alleviate people's joint pain.

from BBC News - Business https://ift.tt/3lDOev8

US stocks tumble amid fears of market correction

Wall Street follows Europe lower amid concerns about China's financial system and US growth.

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

Pimlico Plumbers sold to US firm Neighborly

The deal will see founder Charlie Mullins offload his 90% stake in the group.

from BBC News - Business https://ift.tt/3tX2gf4

Electricity energy costs damaging sector, says UK Steel

Some firms are being forced to temporarily pause production when the price goes "through the roof".

from BBC News - Business https://ift.tt/3hSpWwd

Christmas toy price rises and stock shortages warning

One toy firm says rising shipping costs and HGV driver shortages are making for "a perfect storm".

from BBC News - Business https://ift.tt/3AvRq23

Timber shortage: Port of King's Lynn sees imports double in a year

A port sees timber imports double in the past year as people take on construction and home projects.

from BBC News - Business https://ift.tt/3EzsZDc

Gas crisis: Pig farmers fear they may have to cull animals

A shortage of carbon dioxide used to stun pigs at abattoirs means a backlog of animals is growing.

from BBC News - Business https://ift.tt/3CyY6ND

Covid: US opens up to fully vaccinated EU and UK passengers

The move answers a major demand from European allies at a time of strained relations.

from BBC News - Business https://ift.tt/3hKMyPl

Gas prices: 'I'm just watching the meter go up'

Customers caught in the middle of the energy price crisis face higher bills but are told not to panic.

from BBC News - Business https://ift.tt/3nLyFUR

Evergrande: Embattled China property giant sparks economy fears

The world's most indebted real estate developer is in crisis - is it too big to fail?

from BBC News - Business https://ift.tt/3EsOeqt

Worker shortage: Prezzo gives staff pay rise and Boxing Day off

The Italian restaurant chain is the latest hospitality company to give its workers a pay rise.

from BBC News - Business https://ift.tt/3Exfap0

Gas price rise: Government considering loans for energy firms

Boris Johnson says market forces should be "very swift" in resolving issues caused by recent gas price increases.

from BBC News - Business https://ift.tt/3EvTNEp

UK energy company seeks funds to stay afloat

Bulb, the UK's sixth largest energy provider, is seeking funds due to price rises in wholesale gas.

from BBC News - Business https://ift.tt/3tUWvi7

Gas price rise: Food firms warn increase will hit supplies

Meat producers and supermarkets fear a shortage of CO2 will hit the availability of fresh produce.

from BBC News - Business https://ift.tt/3AosVE7

Gas prices: Are energy bills going up and what can I do?

Gas prices have soared by 250% since January but what does that mean for household bills?

from BBC News - Business https://ift.tt/3hMs5cG

Four more small energy firms could go bust next week

Rising wholesale gas prices means some companies are unable to supply energy customers have paid for.

from BBC News - Business https://ift.tt/3hKKNRY

Gas price rises prompt urgent government talks

There are concerns the high price of wholesale gas could have a far-reaching impact on the economy.

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

Unpaid state pension: 'I'm disgusted by delays'

Thousands of people who have turned 66 have not been paid their state pensions and they are furious.

from BBC News - Business https://ift.tt/3hJws8y

Travel restriction changes 'positive', say airlines

Scrapping traffic light system and PCR tests is "a shot in the arm" for industry, airlines say.

from BBC News - Business https://ift.tt/3zkvNjN

Gen Z battles to bring back unions, one Starbucks at a time

Younger Americans are reviving US labour activism amid stagnant wages and Covid hardship.

from BBC News - Business https://ift.tt/3AnuZvW

Meat processors in government talks over gas shortage

A shortage of carbon dioxide could hit meat production and packaging, UK processors warn.

from BBC News - Business https://ift.tt/3EsgIAB

Next deal keeps Gap brand alive in the UK

Deal means Gap will still have a UK high street presence within Next's stores despite closing its own.

from BBC News - Business https://ift.tt/3lwgwaJ

Manchester United reveals impact of Covid year

Football giant says year was among its most challenging but sees broadcast income jump sharply.

from BBC News - Business https://ift.tt/3hE2fI8

Retail sales fall as more people dine out

Sales at food stores fell last month as more people spent their money in restaurants and bars.

from BBC News - Business https://ift.tt/3AikN7Z

Covid-19: Overhaul of international travel rules expected

Ministers are expected to announce changes to the travel traffic light system in England on Friday.

from BBC News - Business https://ift.tt/3Eo8hX1

China applies to join key Asia-Pacific trade pact

It comes the day after a regional security agreement between the US, UK and Australia was unveiled.

from BBC News - Business https://ift.tt/3tKP1xU

'I’m constantly worried about being evicted'

Debt charity StepChange is calling for emergency support for renters who have fallen behind on payments.

from BBC News - Business https://ift.tt/3hFYZMe

'Looking back, it was an amazing thing I did'

Meet the founder on a 10-year mission to disrupt Japan's rigid work culture.

from BBC News - Business https://ift.tt/2Xngmu7

Why taking up an instrument has struck a chord for so many

The pandemic led to around 1m UK adults learning an instrument and many taking music lessons.

from BBC News - Business https://ift.tt/3lxywld

Sir Clive Sinclair: Computing pioneer dies aged 81

The inventor, entrepreneur and ZX Spectrum creator died at his London home following a long illness.

from BBC News - Business https://ift.tt/3hEOLLU

Carbon emitters 'failing to disclose climate risks'

In a study of more than 100 company accounts, 80% of audits didn't assess climate risk.

from BBC News - Business https://ift.tt/3EqbF3x

Southwest Airlines pays staff extra to get jabbed

It is the latest big carrier to offer incentives for getting vaccinated as US infections surge.

from BBC News - Business https://ift.tt/3EkE7UF

John Lewis charters ships to ensure Christmas stock arrives

The department store chain says it is trying everything to get goods to the UK for the holiday season.

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

Marks & Spencer blames Brexit as it closes 11 French stores

Brexit has made it "near impossible" for it to supply fresh and chilled products to France, the retailer says.

from BBC News - Business https://ift.tt/3Cksb35

Vectura: Marlboro giant seals takeover of UK inhaler firm

Philip Morris International clinches its £1.1bn bid for the UK inhaler firm Vectura.

from BBC News - Business https://ift.tt/3nCUaad

Co-op to start selling groceries on Amazon Prime

Shoppers will be able to order Co-op's full range of groceries via Amazon across the UK by Christmas.

from BBC News - Business https://ift.tt/3EnjpmZ

Crackdown fears send Macau casino shares on a losing streak

The market value of firms operating in the world's biggest gambling hub has slumped this week.

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

UK power prices soar after key cable hit by blaze

British wholesale electricity prices for the following day jumped by 19% to £475 per megawatt hour.

from BBC News - Business https://ift.tt/3hzdHoo

Bitcoin protests in El Salvador against cryptocurrency as legal tender

The demonstrators burn Bitcoin machines, a week after the cryptocurrency became legal tender.

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

Most office workers will never return full-time, survey says

Most people do not believe workers will return to the office full-time, according to new YouGov research.

from BBC News - Business https://ift.tt/3EpAyw8

Five ways we think office work will change

How people think the coronavirus pandemic has affected the future of office work in five charts.

from BBC News - Business https://ift.tt/3hB7s3p

CEO Secrets: 'You can run a business and have a baby'

Planning for a maternity leave when you're the boss of a fast-growing company.

from BBC News - Business https://ift.tt/3nv1g0B

Shares in Federer backed shoe firm soar on debut

Shares in On Holding jumped by almost 46% on their first day of trading in New York.

from BBC News - Business https://ift.tt/3EwpLRd

Itsu increases pay to a minimum of £10.40 an hour

The Asian food restaurant is increasing the hourly wage for entry level staff by 11%.

from BBC News - Business https://ift.tt/3kd6QCu

Primark promises to make clothes more sustainable - and affordable

The chain says its clothes will stay reasonably priced but will be more sustainably sourced.

from BBC News - Business https://ift.tt/3lv1Jgq

Finance firms urge black students to apply for internships

A new work experience scheme is aiming to increase the number of black people working in finance.

from BBC News - Business https://ift.tt/3nBYzdI

FCA wants celebrities to warn of investment risks

Influencers are part of the regulator's plan to highlight decisions over high-risk investments.

from BBC News - Business https://ift.tt/3kcDUe7

Firms fined over 'frustrating' nuisance messages

We Buy Any Car, Saga and Sports Direct are fined for sending millions of nuisance messages.

from BBC News - Business https://ift.tt/3tIyr1w

Job vacancies: How do I find a new job and who is hiring?

There are record numbers of empty positions, figures show, so which sectors are looking to recruit?

from BBC News - Business https://ift.tt/3hC6ioi

John Lewis to create thousands of Christmas jobs

The partnership is looking to fill 7,000 temporary roles across its shops, department stores and warehouses.

from BBC News - Business https://ift.tt/3tPJztO

Countryside scraps leasehold ground rent rises

Leaseholders who bought homes from Countryside Properties will no longer be subject to ground rent rises.

from BBC News - Business https://ift.tt/3EljU0X

Price rises see record jump as food costs rise in August

The UK inflation rate hit 3.2% in the year to August, according to the latest official figures.

from BBC News - Business https://ift.tt/3AfUNdj

Canva: Australian online design platform valued at $40bn

The online design platform has become one of the most valuable private firms in the world.

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

TikTok: Social media giant to roll out support for users' mental health

The move comes as Instagram is facing fresh scrutiny over its impact on young people's wellbeing.

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

Apple iPhone 13 brings portrait mode for video

The portrait-mode style video setting can pull focus on its subjects automatically.

from BBC News - Business https://ift.tt/3zhglFm

Pennies back in production as cash is hoarded during Covid

No new 1p coins were made by The Royal Mint in 2018 and 2019 but returned to production last year.

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

'I learned to read again to get a new job'

New research found that low levels of literacy costs workers an extra 18 months in lost earnings.

from BBC News - Business https://ift.tt/3hRipht

Why even giant ships can't solve the shipping crisis

A shortage of vessels is hampering global trade and may lead to empty shelves before Christmas.

from BBC News - Business https://ift.tt/3EeD3S5

Fashion house in backlash over 'racist' $1,190 sweatpants

Critics say the $1,190 pants, which come with a built-in pair of boxer shorts, rip off US hip hop culture.

from BBC News - Business https://ift.tt/2Z190NL

Spain targets energy firms as European bills surge

Bills are spiralling in several countries and Spain agrees emergency measures to help consumers.

from BBC News - Business https://ift.tt/3k8zmVP

Javid: Valneva vaccine would not have got UK approval

Health secretary says Valneva vaccine would not have got regulatory approval after UK cancels contract.

from BBC News - Business https://ift.tt/3hy7sAX

Boeing says air travel to return to pre-pandemic levels by 2024

Plane maker expects global aviation to take another two and a half years to recover.

from BBC News - Business https://ift.tt/3k9SvGZ

Tesco launches new refillable shopping with 88 products

Tesco supermarket has launched a zero-waste shopping service, providing customers with containers.

from BBC News - Business https://ift.tt/3hu7bio

Amazon's Cape Town base: The battle to save South African culture

Some indigenous groups say the planned office in Cape Town is on culturally important land.

from BBC News - Business https://ift.tt/3lpaOHw

Ocado says delivery driver wage rise to cost it up to £5m

The online food delivery is the latest to offer increased wages amid a shortage of lorry drivers.

from BBC News - Business https://ift.tt/3k6Y351

Brexit: GB checks on goods imported from the EU delayed

The government blames Covid and supply-chain difficulties as it puts back changes.

from BBC News - Business https://ift.tt/3ntyAVJ

Job vacancies at new record as furlough winds down

Official figures show the number of vacancies top one million for the first time since records began.

from BBC News - Business https://ift.tt/3huLTS0

Evergrande: Shares in cash-strapped China property giant plunge

Evergrande has also seen a rare protest staged by investors at its headquarters in Shenzhen.

from BBC News - Business https://ift.tt/3lphHsn

Apple rushes to block 'zero-click' iPhone spyware

The flaw allows hackers to access devices even if users do not click on a link or file.

from BBC News - Business https://ift.tt/2XbE4JA

Fake Walmart news release claimed it would accept cryptocurrency

A news story claiming Walmart would accept cryptocurrency Litecoin was fabricated, the retail giant says.

from BBC News - Business https://ift.tt/3Ehn2ei

Scrap Covid tests for most travellers, says industry

The government has "choked off" travel trade and 70% of firms plan redundancies, says Abta.

from BBC News - Business https://ift.tt/3Abnhou

The pressures - and rewards - of being an influencer

Running your own popular YouTube channel can be lucrative, but it comes with downsides.

from BBC News - Business https://ift.tt/3noTvcv

Democrats propose partial rollback of Trump tax cuts

Under new plans, corporate and income tax would rise for the wealthiest companies and individuals.

from BBC News - Business https://ift.tt/3C9BzXu

Tesco zero-waste trial launches at 10 stores in England

The trial will enable shoppers to buy certain products in reusable packaging they can return to stores.

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

Politeness leaving people at the mercy of fraudsters

Banks warn that people do not want to appear rude rather than cutting off unsolicited phone calls.

from BBC News - Business https://ift.tt/3liunkP

BrewDog appoints 'blue-chip reputation' chairman

Allan Leighton joins the Aberdeenshire brewing firm which had been hit by criticism from former employees.

from BBC News - Business https://ift.tt/3hualCR

Primark says trend for comfort wear has continued

The discount fashion chain says shoppers are still stocking up on leggings and cycle shorts.

from BBC News - Business https://ift.tt/3hn0e2P

UK scraps Covid-19 vaccine deal with French firm Valneva

The French firm says the deal was cancelled over allegations of a breach of the agreement, which it denies.

from BBC News - Business https://ift.tt/3k5cir0

British American Tobacco negotiated bribe for Mugabe, new evidence suggests

Documents reveal British American Tobacco’s role in bribery and spying in southern Africa.

from BBC News - Business https://ift.tt/3Ef1Fu6

Alibaba slides on report China plans to break up payment app

Chinese regulators have been targeting Ant Group and other technology companies operating in the country.

from BBC News - Business https://ift.tt/38Z5tB6

UK must prepare for more economic shocks, says TUC

The Covid pandemic will not be a one-off, with climate chaos already a reality, says Frances O'Grady.

from BBC News - Business https://ift.tt/3A5CTKj

Covid: Legal action begins over quarantine hotel rules

A law firm representing travellers is taking the government to court over the UK's quarantine hotel policy.

from BBC News - Business https://ift.tt/3llcemn

The epicentre of Britain's pandemic house price boom

House prices have surged in many parts of the UK - and in one district they have risen by 29% in a year.

from BBC News - Business https://ift.tt/3k2Ccfe

Could a reboot make social media a nicer place?

A Harvard University project will explore whether social media can be de-toxed

from BBC News - Business https://ift.tt/3hjgrpF

Cressida Dick: Tech giants make it impossible to stop terrorists

Pressure on tech firms intensifies as Priti Patel unveils fund for technologies to keep children safe.

from BBC News - Business https://ift.tt/2VDujn6

Ryanair: Holiday prices likely to rise sharply soon

Ryanair boss Michael O'Leary says fewer flights amid spiking demand will lead to higher prices.

from BBC News - Business https://ift.tt/3lg9iYf

England vaccine passport plans ditched, Sajid Javid says

A vaccine passport scheme for nightclubs and large events in England will not be going ahead, minister says.

from BBC News - Business https://ift.tt/3nm1Ldf

Women's state pension: 'It is like you've lived one big lie'

How women born in the 1950s had their retirement plans upended by state pension age changes.

from BBC News - Business https://ift.tt/3z4BguX

TUC: Jobs at risk if UK fails to hit carbon emissions target

Trade bodies and unions say the UK is slipping behind other nations on green investment.

from BBC News - Business https://ift.tt/3hqg1Ob

Fraud warnings not good enough for young adults, says charity

An anti-fraud charity says banks are not doing enough to warn young adults about the dangers of fraud.

from BBC News - Business https://ift.tt/3E38sqF

What is 'individual transport' and why is it important?

At the first major car sector event since Covid environmentally-friendly mobility was the hot topic.

from BBC News - Business https://ift.tt/3lcJOLw

Delays in state pension payments 'causing anxiety'

Hundreds of new state pension claimants failed to receive payments owing to Covid and staffing problems.

from BBC News - Business https://ift.tt/3nlfEbs

Apple dealt major blow in Epic Games trial

A judge in the Apple vs Epic trial says Apple must give app developers alternative payment options.

from BBC News - Business https://ift.tt/2X68uNR

Driver shortage: 50,000 more HGV driving tests promised a year

The government will make it quicker to get an HGV driver licence, amid an industry-wide shortage.

from BBC News - Business https://ift.tt/3k27fIc

Food shortages could be permanent, warns industry body

Shoppers are unlikely to have a wide range of products to choose from, due to supply chain issues.

from BBC News - Business https://ift.tt/3l9RHkV

Watchdog urges tougher line on Covid test firms

Basic standards for firms to qualify for the government list should be significantly improved, says the CMA.

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

Emma Raducanu set to be best-paid British sportswoman

The teenage tennis star's potential earnings skyrocket as she reaches the US Open final.

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

Lorry driver shortages: 'It's a very good career'

More than 100,000 lorry drivers are needed to meet a national shortage which is causing stock delays.

from BBC News - Business https://ift.tt/3BWFN4z

Twitter to label 'good' bot accounts

Twitter wants "good" bot accounts to label themselves as non-human.

from BBC News - Business https://ift.tt/3BZAbX8

UK economic growth slows sharply in July

The UK economy grew just 0.1% in July as the last Covid restrictions were lifted in England.

from BBC News - Business https://ift.tt/3z08ZWD

Rail industry urges workers not to spurn the train

City centres and High Streets could suffer unless workers start taking the train again, the industry warns.

from BBC News - Business https://ift.tt/3jWUi24

US Biden and China's Xi hold first call in seven months

This is only the second call between both leaders since President Biden took office.

from BBC News - Business https://ift.tt/3hlnUEB

Covid: Biden orders employees of big businesses to be vaccinated or face testing

The US president is using his executive power to require that big companies vaccinate employees.

from BBC News - Business https://ift.tt/3l8FvAW

Boden boss declares the end of formal office wear

As the British brand celebrates 30th anniversary, its founder reflects on how fashion tastes have changed.

from BBC News - Business https://ift.tt/38Si35h

First UK LGBT business champion appointed

Iain Anderson says he will work to "build a bridge" between the government and LGBT community.

from BBC News - Business https://ift.tt/3nfu2Cd

Amazon offers to pay college fees for 750,000 US staff

The online shopping giant says all US frontline workers will be eligible as it fights to attract new employees.

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

Ikea in talks to buy former Topshop flagship store

The Swedish furniture giant could gain space in the popular London shopping location.

from BBC News - Business https://ift.tt/2YxXY20

Costa gives 5% pay rise to some staff and recruits 2,000

Costa said the 5% pay rise was to reward 14,500 staff for their hard work during the pandemic.

from BBC News - Business https://ift.tt/3BVFuqJ

McDonald's plant burger launch late to vegan party

The chain announces its McPlant burger will be on offer nationwide next year, after years of research.

from BBC News - Business https://ift.tt/2X1DYEf

Ford is latest firm to stop making cars in India

The firm has run up losses of more than $2bn in India and demand for new vehicles has weakened.

from BBC News - Business https://ift.tt/3l6ZArg

The models that turned Instagram into their DIY catwalk

New York Fashion Week marks a tentative return - but how did supermodels keep working through Covid?

from BBC News - Business https://ift.tt/3DZo3HK

Three brings in EU roaming charges and ends global scheme

Three is the third UK network to bring back roaming charges for the EU post-Brexit.

from BBC News - Business https://ift.tt/2XcF5Bn

KPMG seeks to increase working class staff numbers

By 2030, KPMG wants 29% of its senior staff to have had parents that worked in "routine and manual" jobs.

from BBC News - Business https://ift.tt/3nkwJlU

Numbers on furlough drop to new low

There has been "a striking fall" in the number of young people on furlough, says the Treasury.

from BBC News - Business https://ift.tt/3E2OfB2

EasyJet rejects takeover bid and seeks to raise more money

The airline says a recent takeover approach undervalued the business and announces plans to raise £1.2bn.

from BBC News - Business https://ift.tt/3jVH9qb

888 agrees to buy William Hill European business

The online gambling firm has agreed to buy the non-US assets of betting chain William Hill for £2.2bn.

from BBC News - Business https://ift.tt/3nhMM3N

Driver shortage will raise prices, warns Morrisons

The supermarket chain and its rivals have seen gaps on shelves due to the lorry driver shortage.

from BBC News - Business https://ift.tt/3hf98PV

UK on course to drop from Germany's top 10 trading partners

Customs rules take their toll as German companies swap UK suppliers for alternatives in the EU.

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

Facebook accused of allowing sexist job advertising

An investigation by Global Witness suggests its algorithm is biased in choosing who sees which ads.

from BBC News - Business https://ift.tt/3hyAWyX

Ofgem: Soaring gas prices 'will feed into customer bills'

Ofgem has said that rising prices for fossil fuels, especially gas, will feed into household bills.

from BBC News - Business https://ift.tt/3l1iIH4

UK 'cut climate pledges' to clinch Australia trade deal

Government ministers agreed to cut climate commitments to clinch the deal it has emerged.

from BBC News - Business https://ift.tt/3zZyFUk

Theranos founder Elizabeth Holmes 'lied and cheated', trial hears

Elizabeth Holmes falsely claimed her blood testing devices worked, prosecutors say, as fraud trial begins.

from BBC News - Business https://ift.tt/3BSVgCB

Competition watchdog clears Viagogo-Stubhub merger

Viagogo can go ahead with its £3bn acquisition of rival StubHub, the CMA says.

from BBC News - Business https://ift.tt/3DVRdHA

Rihanna drops legal case against her father

The singer had accused her father of misusing her name to further his entertainment business.

from BBC News - Business https://ift.tt/3BRPuRF

Why tax pay packets more and not property?

The pandemic response has spurred a greater willingness to tax wages rather than property.

from BBC News - Business https://ift.tt/3zXNdnv

Government plans to shake up travel traffic light system

The BBC has been told that the green and amber categories could be removed and replaced with a new system.

from BBC News - Business https://ift.tt/3jUvS9v

Government to shorten HGV driver testing process

"Rattled" government to fast-track lorry drivers to alleviate chronic shortage, BBC understands.

from BBC News - Business https://ift.tt/3DXIuEY

Ai Weiwei: Credit Suisse closed bank account over China

The Chinese artist says Credit Suisse closed his foundation's bank account over his "criminal record".

from BBC News - Business https://ift.tt/3DX0xuF

Amazon pays £492m in UK tax as sales surge to £20.6bn

The online retail giant saw UK sales rise by 50% last year amid a Covid-driven hike in demand.

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

Rents outside London rising at fastest rate since 2008

Rents are increasing at their fastest pace in more than 10 years, according to property website Zoopla.

from BBC News - Business https://ift.tt/3BOrteo

Bitcoin crashes on first day as El Salvador's legal tender

Technological glitches plagued the first day of El Salvador accepting Bitcoin as legal tender.

from BBC News - Business https://ift.tt/2YFY1cp

Boeing: Directors to face investor lawsuit over fatal crashes

Shareholders can sue Boeing over claims it ignored safety warnings about its 737 Max plane, a US judge rules.

from BBC News - Business https://ift.tt/38P2gUI

Why coders love the AI that could put them out of a job

Artificial intelligence is getting better at penning code but still a long way from working alone.

from BBC News - Business https://ift.tt/2X2umtl

'I asked for flexible hours but ended up resigning'

Alice Thompson was awarded £185,000 after being told she could not work shorter hours to pick up her child.

from BBC News - Business https://ift.tt/3DXuivq

Bank of England not yet requiring return to office

The Bank says staff will be expected in one day a week, but not if they have health concerns.

from BBC News - Business https://ift.tt/2X0tg0B

Triple lock pension pledge suspended for one year

It follows government concern that a big rise in earnings would have meant pensions increasing by 8%.

from BBC News - Business https://ift.tt/3DOme09

Water companies face chemical supply disruption

Firms are told they can temporarily reduce the amount of chemicals used to purify drinking water.

from BBC News - Business https://ift.tt/3DXhq8w

Game studio boss steps down over Texas abortion law

Tripwire boss John Gibson had said he was "proud" of the Supreme Court ruling on Texas abortion.

from BBC News - Business https://ift.tt/3tjcaYa

Perpetuus: Security review ordered into takeover of graphene firm

UK business secretary intervenes in a takeover of Perpetuus over links to a Chinese academic.

from BBC News - Business https://ift.tt/3DSDgKy

National Insurance rise could hit economy, business groups warn

The "extraordinary timing" of the rise in National Insurance could "derail" the recovery, employers say.

from BBC News - Business https://ift.tt/3ha2sCu

House prices at new high but pace of growth slows

Prices are rising slowly in London, but more rapidly in Wales and south-west England, the Halifax says.

from BBC News - Business https://ift.tt/3yQUl3Q

Fear and excitement in El Salvador as Bitcoin becomes legal tender

Millions of Salvadorians are expected to download a digital wallet app with $30 of free Bitcoin.

from BBC News - Business https://ift.tt/3BM5eFL

Planned job cuts fall despite furlough deadline

August saw the fewest redundancies since 2014 despite plans to end furlough on 30 September.

from BBC News - Business https://ift.tt/3DSx84N

Chip shortage could last into 2023, says car boss

The car industry needs to learn from the Covid "stress test", says Daimler chairman Ola Källenius.

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

'Young, black people have to work three times as hard'

This week sees the launch of a programme making high-flying careers more accessible.

from BBC News - Business https://ift.tt/2YotEH0

UK fires up coal power plant as gas prices soar

The country has had to bring an old plant back online after a spike in the price of natural gas.

from BBC News - Business https://ift.tt/3l5DA02

Kim Kardashian cypto ad singled out by financial watchdog

An Instagram ad by the influencer was criticised in a speech by FCA chairman Charles Randell.

from BBC News - Business https://ift.tt/2WUgwt4

'A hotel without linen is not a hotel'

The laundry firms that provide bed linen for hotels across the UK are facing an unprecedented crisis.

from BBC News - Business https://ift.tt/3l0wfhX

Pensions: What is the triple lock and how does it work?

Speculation is mounting that the chancellor will change the policy governing state pension rises, but why?

from BBC News - Business https://ift.tt/3jNsP2X

Social care: What would a National Insurance rise mean for me?

The government could raise National Insurance to help pay for social care in England.

from BBC News - Business https://ift.tt/3yQyUQl

M&S warns of new food supplies threat as Brexit rules change

Retailer warns of "significant disruption" to food imports when new paperwork comes in next month.

from BBC News - Business https://ift.tt/3kVrQNy

Cash incentives on student accounts squeezed

Upfront sums for opening an account are less generous than previous years, analysis shows.

from BBC News - Business https://ift.tt/2X375Y2

England sees 'boom' in second homes flipped to holiday lets

More than 11,000 second homes become rental businesses since the pandemic began, research shows.

from BBC News - Business https://ift.tt/3BLhUNj

Staff shortages could last two years, says CBI

Industry body the CBI wants immigration rules eased for lorry drivers, welders, butchers and bricklayers.

from BBC News - Business https://ift.tt/3l0wKZs

Has Covid killed off business cards for good?

Sales of business cards have fallen sharply as a result of the pandemic.

from BBC News - Business https://ift.tt/38NysYk

Black intern: 'You just need to give us a chance'

Young black university students are being invited to apply for 2,000 internships at top companies.

from BBC News - Business https://ift.tt/3n5m7al

When is a motor show not a motor show?

The BBC's Theo Leggett finds Germany's International Motor Show has become a mobility exhibition.

from BBC News - Business https://ift.tt/3BLDtgM

Glasgow company fined £150,000 for making nuisance calls

Glasgow-based DialADeal Scotland Ltd made more than half a million unsolicited calls between August 2019 and March 2020.

from BBC News - Business https://ift.tt/3BMx3h8

Ikea struggles with supply problems due to driver shortage

The furniture giant is among businesses struggling with a driver shortage due to Covid and Brexit.

from BBC News - Business https://ift.tt/38HcuGv

Covid-19: Pub marquees could become permanent fixtures

Some of the outdoor seating set up by businesses in the pandemic could be allowed to remain.

from BBC News - Business https://ift.tt/3DRwOTV

Almost 50 shops a day disappear from High Streets

Britain's High Streets lost more than 8,700 stores in the first six months of 2021, research suggests.

from BBC News - Business https://ift.tt/38EV5hR

Jobs market set for bumpy ride, says Resolution Foundation

Those still on furlough face uncertain times when the scheme ends, the Resolution Foundation says.

from BBC News - Business https://ift.tt/2Vkq6Vg

Heathrow criticises Border Force for 'unacceptable' queues

The airport says too few staff were on duty at passport control as families returned from holiday.

from BBC News - Business https://ift.tt/3h2mSgA

'Bitcoin fraud cost me £500,000'

A successful businessman saw his life savings wiped out when he fell victim to ruthless fraudsters.

from BBC News - Business https://ift.tt/3BCUYzN

What's it like to be in the 1% of female lorry drivers?

The chronic shortage of lorry drivers has led haulage firms to try to attract more women to the role.

from BBC News - Business https://ift.tt/3yJYSEU

Flu jab delay due to lorry driver shortage

Seqirus says it is working to resolve the issue, and NHS England says patients will be contacted by their GP.

from BBC News - Business https://ift.tt/3yHVc6R

Wine giant warns of possible Christmas shortage

The owner of Hardys wines says truck driver shortages could hit the busy festive season.

from BBC News - Business https://ift.tt/3DMNBre

Covid: Watchdog launches new crackdown on PCR test firms

One company is under investigation and 19 others could face legal action following complaints.

from BBC News - Business https://ift.tt/3yCqsUM

Asda to open more shops at Issa brothers' petrol stations

The supermarket plans to widely expand its Asda on the Move convenience stores by the end of 2022.

from BBC News - Business https://ift.tt/3yHtZkJ

US jobs growth disappoints as recovery falters

The US economy added just 235,000 jobs in August, according to the Bureau of Labour Statistics.

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

Lorry driver shortage prompts food price rise fear

Wholesalers are facing a "perfect storm" of adverse effects, warns one leading industry figure.

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

China set to open new stock exchange in Beijing

The announcement comes as Chinese firms come under intense scrutiny both at home and in the US.

from BBC News - Business https://ift.tt/3DJAG9p

Buy Now Pay Later: 'I'm stressed over debt'

One in ten Buy Now Pay Later shoppers have been chased by debt collectors, Citizen's Advice says.

from BBC News - Business https://ift.tt/3jDswaI

Coin hoarding at home leads to charity plea

UK residents are hoarding an estimated £50m in loose change, according to UK Finance.

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

TCS: What does IT giant's new work model mean for India?

IT services giant TCS says it's ready to go back to the office after 18 months - how will that work?

from BBC News - Business https://ift.tt/3BR0tuX

Why picking a good company name is a tricky business

With the number of new start-ups soaring they all have to choose a name for themselves.

from BBC News - Business https://ift.tt/3kGFeVw

Councils hit by bin collection delays due to driver shortage

Some 18 councils across the UK are suffering waste collection delays due to a lack of bin lorry drivers.

from BBC News - Business https://ift.tt/3tc0Ywh

GM to idle eight North American plants amid chip shortage

Output will halt at eight plants in the US, Mexico and Canada amid a global shortage of semi-conductors.

from BBC News - Business https://ift.tt/3jCutUJ

Food production in the UK at risk of moving overseas, warns industry

A retail group warns the sector is under such strain that some food production may have to leave the UK.

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China's media cracks down on 'effeminate' styles

The media regulator says it will shun "vulgar influencers" while casting a spotlight on stars' pay.

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WhatsApp given second-largest GDPR fine

The Irish data watchdog has handed WhatsApp the second-highest ever GDPR fine.

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Amazon offers punctual staff £50 for turning up

The online shopping giant says it will give a bonus to workers at some sites for good attendance.

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Top Gun and Mission: Impossible films delayed due to US Covid spike

Tom Cruise's movies are put on hold as studios fear a recent US Covid spike will deter cinemagoers.

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Gym Group sees demand surge as young people lack space at home

Gym Group says it has seen a "rapid recovery" in membership numbers and plans to open 40 more sites.

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JD Sports perplexed by Footasylum deal knockback

The competition watchdog says it still has concerns the merger could lead to a worse deal for shoppers.

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Companies House rejects 800 potentially offensive names

More than 800 company names have been rejected over the past two years.

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Afghanistan: Facebook says it helped people flee, including staff

The flight arrived in Mexico City on Wednesday, with 175 Afghan citizens on board, including 75 children.

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Driver shortage: 'I got a big pay rise overnight'

As the UK's shortage of lorry drivers continues, those with the right skills are very much in demand.

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More students turn to crypto investing to plug financial gap

Three-quarters of students asked by website Save The Student said they had considered dropping out.

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One in seven bookings failing to show up at restaurants

A report looking into the issue of no-shows says the hospitality sector loses £17bn a year from it.

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China steps in to regulate brutal '996' work culture

Workers in China are fed up with the brutal 12-hour work days once seen as a key driver of success.

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Sackler family wins immunity from further opioid litigation

A US judge has approved a bankruptcy plan for the maker of OxyContin painkillers.

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McDonald’s hiring 14 year-olds in Oregon amid labour shortage

An Oregon branch sees flood of applications after failing to recruit older workers.

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Portugal changes vaccine rules for UK visitors

UK visitors no longer need to quarantine for 14 days if they can't prove they are fully vaccinated.

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Amazon to recruit 55,000 staff for expansion drive

About 2,500 jobs will be created in the UK, with another 40,000 in the US.

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Wetherspoon runs low on beer amid driver shortage

The pub chain and a Coca-Cola bottler are among firms affected by a shortage of UK lorry drivers.

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CEO Secrets: 'I was making money, but had no money'

Honey boss Scott Davies says cash flow problems meant though he was profitable he "had no money".

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JoJo Maman Bebe hikes prices for first time in 5 years

The baby goods retailer tells the BBC that it has raised prices for the first time in five years.

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UK house price rises accelerate, says Nationwide

Property prices are 13% higher than at the start of the pandemic, the building society says.

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