True story? Lie detection systems go high-tech

A number of teams are working on advanced ways to tell more accurately if someone is lying.

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

Wine drinkers face higher prices and less choice, firm warns

Proposed changes to alcohol duty could also push smaller firms out of business, a wine seller warns.

from BBC News - Business https://ift.tt/Y6MfuwtAH

Key Post Office deal agreed for future of cash

Customers of 30 banks and building societies can continue to use post offices to deposit cash.

from BBC News - Business https://ift.tt/J5mUdqwt7

Airlines may pay out for one-hour UK flight delays

Under new plans, travellers could claim for delays of more than an hour, down from three hours currently.

from BBC News - Business https://ift.tt/Nq9BkWdnM

Macau police arrest leading casino boss amid crackdown

Macau Legend Development's share price plunged by as much as 30% in Hong Kong on Monday.

from BBC News - Business https://ift.tt/HseoCBU86

Brexit: UK plan to remove EU law sparks nations' anger

The UK government says the plan will cut red tape - but devolved nations are unhappy with the move.

from BBC News - Business https://ift.tt/Bky3nt7sr

Concerns over food shortages as CO2 deal ends

Food and drink firms are warning supplies could be hit unless government subsidies continue.

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

How the high cost of living is hitting Singapore's poor

Asia's rising food costs are hitting the region's poor, despite the fall in rice prices in 2021.

from BBC News - Business https://ift.tt/4YLubn7yS

Spotify: Streaming giant announces plans to clamp down on Covid misinformation

The streaming giant says it will add warnings to all podcasts discussing Covid-19 on its platform.

from BBC News - Business https://ift.tt/JvqKRpDB7

National Insurance: Rise will squeeze budgets - CBI

Businesses say they don't support increasing National Insurance as they recover from Covid's impact.

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

Energy crisis: How countries are dealing with rising prices

From cash handouts to price caps, other countries are using a variety of measures to combat soaring gas prices.

from BBC News - Business https://ift.tt/2Xm9DhiJc

Cost of living: Will parents spend less on kids' toys?

Families will cut spending on many things before toys but soaring bills may put this to the test.

from BBC News - Business https://ift.tt/1wFBX8Lot

National Insurance: Boris Johnson and Rishi Sunak confirm rise from April

An employee on £20,000 a year will pay an extra £89 in tax, while someone on £50,000 will pay £464 more.

from BBC News - Business https://ift.tt/HNplWK8gb

Graduates in England facing tax rise by stealth, says IFS

The warning from the IFS comes as the threshold for repaying student loans is frozen this year.

from BBC News - Business https://bbc.in/3rbdYTF

Mike Lynch: Priti Patel approves extradition of Autonomy founder

Dr Mike Lynch lost a multibillion-dollar fraud action on Friday over the sale of Autonomy in 2011.

from BBC News - Business https://ift.tt/3AGu3Uo

Where are Britain's missing million workers?

With vacancies at a record high, many firms are suffering from a shortage of skilled workers.

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

Storm Arwen: 'I was left without broadband for seven weeks'

A holiday firm owner says he lost bookings because of the time it took to restore an internet link.

from BBC News - Business https://ift.tt/3HdKc67

The scramble for cargo aircraft as shipping costs soar

Cargo aircraft are being rushed into service amid a worldwide shortage in shipping capacity.

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

Return to the office must not harm women's careers, says Aviva boss

Aviva's chief executive says firms need to think about gender equality as workers return to offices.

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

HP wins multibillion-dollar fraud case over Autonomy sale

The tech giant says Autonomy's founder "artificially inflated" the Cambridge-based firm's worth.

from BBC News - Business https://ift.tt/3r9250m

Millions yet to file tax return as scammers circle

HMRC says 3.5 million people are still to file, but it will not fine those who are up to a month late.

from BBC News - Business https://ift.tt/32GK5Bc

Former traders cleared of US rate rigging

Matthew Connolly and Gavin Black have been acquitted of rate rigging by a US court.

from BBC News - Business https://ift.tt/3H8EL8J

Apple sales soar despite supply constraints

The iPhone giant's business has boomed during the pandemic.

from BBC News - Business https://ift.tt/3G5x7KP

Kwarteng: No U-turn on National Insurance tax rise

Business Secretary Kwasi Kwarteng says a National Insurance rise to fund the NHS will go ahead.

from BBC News - Business https://ift.tt/33P7kcV

US economy grows at fastest pace in decades

Economic activity jumped by 5.7% in 2021, but analysts expect growth to slow this year.

from BBC News - Business https://ift.tt/3s2hcIq

Air India: Tata Group takes over loss-making national carrier

India's iconic national carrier has officially been handed over to its original founders, the Tata Group.

from BBC News - Business https://ift.tt/3r0YKAp

Tesco asks shoppers and staff to keep wearing masks

UK's largest retailer will continue to ask people in England to wear masks after rules are relaxed.

from BBC News - Business https://ift.tt/32Clopx

Government pledges £100m for Sizewell nuclear site

But the investment does not commit the government to approving the £20bn power plant in Suffolk.

from BBC News - Business https://ift.tt/32AgKbz

US Federal Reserve says rate rise 'appropriate' soon

The US central bank is under pressure to rein in rapid price increases in the US.

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

Covid fraud: Rishi Sunak denies writing off stolen support funds

Rishi Sunak says the government will "do everything we can" to recover billions stolen by fraudsters.

from BBC News - Business https://ift.tt/3tYptj7

Inflation measure shake-up amid Jack Monroe row

The food poverty campaigner is claiming victory after statistics chiefs pledged to revise their methods.

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

Oatly ads banned over 'misleading' environmental claims

The Advertising Standards Authority has told the oat milk brand to watch its wording on the environment.

from BBC News - Business https://ift.tt/3IBI08X

Boohoo starts production at new Leicester factory

The retailer also plans to use the site as a training facility after a review found "many failings".

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

Food firms warn of product shortages if CO2 deal not agreed

Carbon dioxide, essential in the food industry, could run short again without a new production deal.

from BBC News - Business https://ift.tt/32uW7xk

Covid: UK economy set to grow more slowly than forecast, says IMF

The IMF says the global economy is entering 2022 in a weaker position than previously expected.

from BBC News - Business https://ift.tt/3qZpVM1

Spread high energy costs over several years, says Octopus Energy boss

Smoothing price increases is the best way to avoid hefty rises in bills, says Octopus Energy.

from BBC News - Business https://ift.tt/3nZxWi3

UK toy sales fell last year amid supply disruption

Sales drop 3% but the industry says it was resilient with good demand from girls for scientific toys.

from BBC News - Business https://ift.tt/32yrEP4

Holiday bookings jump as Covid travel tests axed

Jet2 says bookings increased by 30% after it was announced test rules would be relaxed.

from BBC News - Business https://ift.tt/3r0BdQk

António Horta-Osório: The banker who can't stay out of the headlines

One of the UK's best-known banking bosses, António Horta-Osório is used to good - and bad - headlines.

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

State pension age crucial for lower earners

Low earners are more likely to keep working for longer when the state pension age rises, a report finds.

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

Brewdog chief James Watt accused of inappropriate behaviour

Former US workers at the brewing giant say James Watt's behaviour made female bartenders feel "uncomfortable" and "powerless".

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

Shares tumble as Russia-Ukraine tensions rattle markets

Global markets drop sharply as fear of a possible Russian invasion unnerves investors.

from BBC News - Business https://ift.tt/3rOGt8A

Covid travel tests to be axed in England for double vaccinated

Prime minister says a requirement for travellers to take a test within 48 hours will be scrapped.

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

Will Russia-Ukraine tensions push up UK gas bills?

Gas prices are already high, but a Russian invasion of Ukraine would make matters even worse.

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

Peloton takes another hit from TV heart attack

After a heart attack in Sex and the City remake, Peloton gets an unfavourable portrayal in Billions.

from BBC News - Business https://ift.tt/33DxcZf

Banknote maker De La Rue rocked by supply chain shortages

De La Rue cuts its profit outlook as the pandemic pushes up the costs of the materials it uses.

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

Fortescue: Firm owned by Australia's richest man buys Williams F1 battery arm

Fortescue Metals says the deal will help it to achieve its target to be carbon neutral by 2030.

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

Return to the office: Can’t wait or dreading it?

After the government scrapped work-from-home guidance, some staff will return to the office on Monday.

from BBC News - Business https://ift.tt/3Hbgxe5

Bill extending HS2 to Manchester laid in Parliament

Official approval for the high speed line to Manchester is a "landmark moment", says the government.

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

Vaccine mandates: 'I lost my job for being unvaccinated'

Covid-19 vaccine mandates face stiff resistance in the US, where they are clashing with national ideals of personal freedom.

from BBC News - Business https://ift.tt/3rM47Tc

The people deciding to ditch their smartphones

The smartphone users who are ditching their handsets to take back more control of their lives.

from BBC News - Business https://ift.tt/3tMS5M6

John Lewis says it is wrong to cut sick pay for unjabbed staff

Unlike rivals, the retailer says all staff get full sick pay regardless of vaccination status.

from BBC News - Business https://ift.tt/3KEnS83

Major investor will target bosses at firms failing on climate

Aviva Investors will vote to get directors kicked out of firms that fail on sustainability goals.

from BBC News - Business https://ift.tt/341aKJ0

Inflation: Four things rising in price and why

From skincare products to used cars - the items that tell the story of the cost of living crisis.

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

Police response to £25,000 fraud branded woeful

Inspectorate criticises the police after only one of 69 victims of a fraud has their case investigated.

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

First-time buyer: 'I couldn't keep paying so much rent'

There were a record number of first-time buyers in 2021, figures from lender Halifax suggest.

from BBC News - Business https://ift.tt/3rHPqR2

Business groups ask Sunak for energy costs support

Five business groups have written to Chancellor Rishi Sunak asking for support for energy costs.

from BBC News - Business https://ift.tt/3Ioopc1

Serbia revokes Rio Tinto lithium mine permits following protests

The country cancels the mining licence for the Anglo-Australian firm's controversial $2.4bn project.

from BBC News - Business https://ift.tt/3Ip46LD

Ex-Credit Suisse chief also broke Covid rules going to Euros final

Ex-Credit Suisse chief António Horta-Osório went to Wembley on same day he attended Wimbledon.

from BBC News - Business https://ift.tt/33DZYJ4

Peloton shares plunge as it halts production

The firm's shares fell more than 20% as investors worry that demand for its pricey exercise machines is waning.

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

BT to introduce inflation-busting price rises

Most broadband and phone bills will rise by more than 9% at the end of March, BT says.

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

Carhartt facing calls for boycott over vaccine mandates

The US work wear maker says it is sticking to its Covid jab policy, sparking a conservative outcry.

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

Dozens of blocks still have Grenfell-type cladding

The flammable panels have been blamed for the rapid spread of the 2017 fire, which led to 72 deaths.

from BBC News - Business https://ift.tt/33S0wL4

Superdry to lift prices despite influencer boost

The retailer says customers can expect price rises and no sales in its shops because of rising costs.

from BBC News - Business https://ift.tt/3tD4NwS

Working-from-home guidance shift 'may not save my shop'

End of work-from-home guidance a boost for hospitality, while nightclubs welcome scrapping of Covid passes.

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

Unilever says it will not increase £50bn bid for rival

Consumer goods giant Unilever says it will not sweeten its bid for the healthcare arm of GlaxoSmithKline.

from BBC News - Business https://ift.tt/3qI8sHW

What high inflation means - in 90 seconds

The BBC's consumer affairs correspondent, Colletta Smith, breaks it down.

from BBC News - Business https://ift.tt/3FJQR6H

House prices on South West coast rising fastest

UK house prices rose 10% last year, official figures show, with demand highest in the South West of England.

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

Boss behind mass Zoom firing back in charge

Better.com boss Vishal Garg took time off after his handling of mass job cuts sparked outrage.

from BBC News - Business https://ift.tt/3GI0a8k

Inflation: Seven reasons why the cost of living is going up around the world

Global inflation - the rate at which prices rise - is at its highest since 2008. Here are seven reasons why.

from BBC News - Business https://ift.tt/3rv1q8C

Millionaires ask to pay more tax

A group of more than 100 of the richest people say current tax systems are "not fair".

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

Insurer cuts word 'energetic' from job ads to woo older applicants

Phoenix Group says words like "energetic" and "enthusiastic" may discourage older job applicants.

from BBC News - Business https://ift.tt/3fA5leQ

What is the UK's inflation rate and why is the cost of living going up?

The cost of living is at its highest rate for 10 years and is expected to increase further.

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

Aldi opens its first till-free supermarket

The supermarket will bill people after they leave the store as part of a trial using new technology.

from BBC News - Business https://ift.tt/3nX26CP

US airlines warn of impending 5G flight disruption

Airlines says the start of 5G mobile phone services on Wednesday will hit aircraft navigation systems.

from BBC News - Business https://ift.tt/3tCH93I

Morrisons confirms sick pay cut for unvaccinated staff

The supermarket joins a list of firms which pay the legal minimum to unvaccinated staff obliged to isolate.

from BBC News - Business https://ift.tt/3GPusG8

Pension Wise: MPs call for automatic pension help appointments

Savers are struggling to navigate the "pensions minefield" and need more support, according to MPs.

from BBC News - Business https://ift.tt/3Ki7B8z

How delivery apps created 'the Netflix of food ordering'

Innovative food delivery apps offer everything from multiple restaurant orders to home chef cuisine.

from BBC News - Business https://ift.tt/3Kf7nil

Colombo Port City: A new Dubai or a Chinese enclave?

China is helping Sri Lanka build a new city to rival global offshore centres. Who will it benefit?

from BBC News - Business https://ift.tt/3tyvlz6

Amazon halts plan to block UK Visa credit cards amid talks

Plans to block the cards are halted as the two sides continue to try to resolve a dispute over payment fees.

from BBC News - Business https://ift.tt/3KhoSi4

UK train services cut due to Covid staff absences

Train operators switch to emergency timetables as a result of high staff sickness rates.

from BBC News - Business https://ift.tt/33iTy21

ScotWind offshore auction raises £700m

Crown Estate Scotland said 17 projects have been chosen in the first seabed leasing round in a decade.

from BBC News - Business https://ift.tt/3A3aYeQ

Unilever looks set to continue pursuing £50bn-plus mega-merger

The maker of Marmite and PG Tips says buying GlaxoSmithKline's healthcare arm would be a "strong fit".

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

China cuts interest rates as economic growth slows

Compared to a year earlier, the economy grew 4% in the last three months of 2021, official figures show.

from BBC News - Business https://ift.tt/3I67oDi

Credit Suisse chairman resigns after company probe

Antonio Horta-Osorio was reportedly found to have broken the UK's Covid-19 quarantine rules.

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

Funeral costs drop for first time in 18 years

A report says the cost fell by 3.1% but the cheapest type of funeral - a direct cremation - rose in price.

from BBC News - Business https://ift.tt/3FEe6yJ

Wealth of world's 10 richest men doubled in pandemic, Oxfam says

Covid-19 has made the rich richer while poverty increased, the charity Oxfam says.

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

Energy bills: 'It feels like I'm sleeping outside'

People tell of their struggles to cope, with energy bills set to soar by more than £700 this year.

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

Cladding crisis: Norwegian wealth fund urged to pressure firms and builders

Grenfell survivors have asked a huge public fund to have 11 firms "resolve" buildings' fire safety defects.

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

Will ScotWind auction deliver a renewables revolution?

Over the next decade or so these new offshore wind farm sites could supercharge renewable energy capacity.

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

Marmite-owner Unilever bids for GSK's consumer arm

Analysts say a successful bid would represent one of the biggest ever deals involving firms trading in London.

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

Ex-supermarket boss Lord Sainsbury of Preston Candover dies at 94

The company's current chief executive described John Sainsbury as a "shopkeeper to his core".

from BBC News - Business https://ift.tt/3KaOn4H

Jailed 'Pharma Bro' Martin Shkreli ordered to repay $64m

Martin Shkreli has also been barred from the US pharmaceutical industry for life.

from BBC News - Business https://ift.tt/33v4WY9

Tesla starts accepting once-joke cryptocurrency Dogecoin

Elon Musk's plans send the value of the cryptocurrency soaring.

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

YouTube rich list: MrBeast was the highest-paid star of 2021

Between them, the 10 highest-paid YouTubers raked in $300m last year.

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

Energy firm E.On apologises for sending socks to customers

It is the second energy supplier in a week to admit a marketing gaffe as customers face rocketing bills.

from BBC News - Business https://ift.tt/3FrO4yW

Meta faces billion-pound class-action case

Facebook's 44 million UK users could share £2.3bn in damages, a competition expert intending to sue Meta says

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

Gamers help Currys through challenging Christmas

The electronics retailer says Oculus Quest 2 and PS5 consoles were hot property for gifts.

from BBC News - Business https://ift.tt/3fuhTE9

Marks & Spencer: Midget Gems change name after academic's campaign

A Liverpool disability academic told M&S the word midget has its roots in Victorian freak shows.

from BBC News - Business https://ift.tt/3zV2pCK

French holiday bookings surge after rule change

The easing of French travel restrictions has led to an immediate increase in holiday bookings, operators say.

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

Ovo Energy tells staff it will cut a quarter of its workforce

The country's third largest energy provider is making cuts related its acquisition of SSE in 2019.

from BBC News - Business https://ift.tt/3qmE3i0

Next cuts sick pay for unvaccinated staff forced to self-isolate

The retailer changes its sick pay rules as employers face soaring absences due to Omicron.

from BBC News - Business https://ift.tt/3qmY9Zy

Covid-19: France to relax travel rules from the UK

Vaccinated travellers will no longer need a compelling reason to enter France, or have to isolate.

from BBC News - Business https://ift.tt/33sO840

Christmas sales soar for Marks & Spencer and Tesco

M&S's food business records its best-ever festive sales while Tesco boasted of 'exceptional' demand.

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

Pret boosts pay to £10 per hour for thousands of staff

The sandwich chain Pret A Manger is boosting its pay rates for the second time in four months.

from BBC News - Business https://ift.tt/33sp6lJ

US inflation rate hits near 40-year high

Inflation rate rises by 7% in December, piling more pressure on the US central bank to raise interest rates.

from BBC News - Business https://ift.tt/3HY2l85

Pensions and benefits will not keep up with cost of living, warns think tank

A think tank says a temporary rise would help 10 million people facing hardship, but at a heavy cost.

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

Covid: Government's PPE VIP lane unlawful, court rules

A High Court judge says it was unlawful to give two companies preferential treatment.

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

Champagne sales drive bumper Christmas at Sainsbury's

Stronger sales of premium food and champagne will boost profits, Britain's second biggest supermarket says.

from BBC News - Business https://ift.tt/33uAE81

Ovo Energy boss blames bad day for ‘ridiculous’ advice

The boss of Ovo Energy tells the BBC he expects to be apologising for some time over advice on staying warn.

from BBC News - Business https://ift.tt/3tliS1S

British Gas owner warns energy crisis to last two years

The boss of Centrica says there is "no reason" to expect gas prices to come down anytime soon.

from BBC News - Business https://ift.tt/3HZJ6uD

UK delays more all-lane smart motorways for five years

More safety data is needed before more hard shoulders are made into traffic lanes, government says.

from BBC News - Business https://ift.tt/3I2ilGh

How the soaring cost of living is hitting Sri Lankans hard

Rising food and fuel prices are making daily life tougher for many ordinary people in Sri Lanka.

from BBC News - Business https://ift.tt/334LRwf

The controversy of wood pellets as a green energy source

Wood pellets are touted as a 'green' way to make electricity, but many reject these claims.

from BBC News - Business https://ift.tt/3r8vFSo

Many postmasters still in the dark over justice

The Post Office has been unable to contact 126 people who were convicted on the basis of flawed evidence.

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

World Bank warns global economy faces grim outlook

The bank predicts a "pronounced slowdown", with global economic growth falling to 4.1% this year

from BBC News - Business https://ift.tt/3f9dIhb

DFDS ferry boss warns of 20 mile queues at Dover if checks do not ease

Chris Parker says it "won't work" to have increased passenger numbers with current restrictions.

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

£150,000 starting salaries as firms fight for staff

A shortage of talent is driving up wages worldwide, says professional recruitment firm Robert Walters.

from BBC News - Business https://ift.tt/3Gg1ijb

Heathrow Airport suffers 600,000 cancellations in December

Fresh travel restrictions sparked a wave of cancelled bookings at Britain's busiest airport.

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

Energy bills: 'I am already paying an extra £60 a month'

Some people are paying many hundreds of pounds more for domestic energy ahead of widespread price rises.

from BBC News - Business https://ift.tt/3q9TPga

Covid: Shoppers swap party clothes for loungewear

Comfy clothes were back in fashion after people were advised to work from home.

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

The AI software that could turn you in to a music star

Artificial intelligence is now smart enough to write tracks that earn streaming service royalties.

from BBC News - Business https://ift.tt/3GeI1Pf

Tesla adds chill and assertive self-driving modes

An update to Tesla cars adds a mode to follow other cars more closely and to slow rather than stop.

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

Ikea cuts sick pay for unvaccinated staff forced to self-isolate

The retail giant joins a growing list of firms changing their rules as staff absences and costs begin to bite.

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

Cladding: Developers told to act on lower-height buildings

Developers who do not remove cladding on buildings 11-18m high could face legal action, the government says.

from BBC News - Business https://ift.tt/334fBZZ

Virgin and O2 users to not face EU roaming charges

Virgin Media O2 says it will not reintroduce fees for mobile data use and calls in EU countries.

from BBC News - Business https://ift.tt/3r0Ab5q

What is the biggest challenge for your business in 2022?

What are industry leaders planning for in the coming year.

from BBC News - Business https://ift.tt/3r55Liq

Scrap business rates due to energy costs - Labour

A windfall tax on gas and oil producers would help firms struggling with bills, Labour says.

from BBC News - Business https://ift.tt/3f4m0Xl

Morrisons scraps 'use by' date on milk in favour of sniff test

The supermarket says a sniff test is a better guide to quality - with 'best before' labels used instead.

from BBC News - Business https://ift.tt/3HSqe0T

Labour urges energy firm tax hike to help cut household bills

The party says a windfall tax could soften the the impact of surging household costs by £200 a year.

from BBC News - Business https://ift.tt/33cf6wG

Covid-19: Cutting self-isolation to five days would be helpful says Nadhim Zahawi

The UK's former vaccines minister says reducing the quarantine period would ease staff pressures.

from BBC News - Business https://ift.tt/3zN9QvO

Cladding: More flat owners to be freed from bills

Developers to be told to pay for removal of cladding in lower-height buildings, the BBC understands.

from BBC News - Business https://ift.tt/3f3elsw

Sainsbury's raises pay to £10 an hour

The supermarket announced on Friday that it will invest £100m in employees' payments and rewards.

from BBC News - Business https://ift.tt/3JIa37U

Hiring slows in US after strong year of job gains

The US added a lower than expected 199,000 jobs last month, the Bureau of Labor Statistics says.

from BBC News - Business https://ift.tt/31ybmVI

Global chip shortage: Samsung expects its profits to jump by 52%

The South Korean electronics giant benefited from strong demand for server memory chips.

from BBC News - Business https://ift.tt/3q2PQlF

Ladbrokes claimed £102m furlough despite online boost

Entain revenues rose in the pandemic as online betting made up for trade lost at betting shops.

from BBC News - Business https://ift.tt/3G2gn80

NFT marketplace OpenSea valued at more than $13bn

Worldwide trade in digital collectables was worth $40.9bn (£30.1bn) last year, a report suggests.

from BBC News - Business https://ift.tt/3F05EJW

Lithuania wobbles after daring to defy China

It stood up to China over Taiwan, but this week Lithuania's president said it made a mistake.

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

The woman working to get unwanted food to the hungry

Maria Rose Belding explains how she started a US database to distribute unwanted food to the hungry.

from BBC News - Business https://ift.tt/3t4MpwH

Caviar sales soar as more people get a taste for posh fish eggs

Global producers of caviar say that demand has soared since the first lockdown.

from BBC News - Business https://ift.tt/3EY9R0O

Covid: Pre-departure travel tests have outlived their usefulness - Shapps

Rules for those travelling to England are changing as Omicron is now worldwide, the transport secretary says.

from BBC News - Business https://ift.tt/3t33UNN

Next warns of higher prices as costs rise

The retailer says recent sales rose 20%, but wage, shipping and manufacturing costs are all rising.

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

We don't know how high bills will go - Octopus Energy boss

The founder and boss of Octopus Energy tells the BBC the sector is working on bringing prices down.

from BBC News - Business https://ift.tt/3n0WEOO

Taiwan setting up $200m Lithuania fund amid China row

China downgraded its diplomatic relations with Lithuania after Taiwan opened a de facto embassy there.

from BBC News - Business https://ift.tt/3t2vD15

China: Is it burdening poor countries with unsustainable debt?

China has become a big lender to poorer countries, and there's been criticism of its approach.

from BBC News - Business https://ift.tt/3nm2gTZ

Drivers overcharged by £5m a day for petrol, claims RAC

The RAC accuses petrol retailers of ripping off motorists by not passing on wholesale price cuts.

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

Vodafone and EE delay EU roaming charges return

Vodafone joins EE in delaying its planned January date for EU roaming charges.

from BBC News - Business https://ift.tt/3n23enZ

Electric car sales soar, but chip shortage hits market

Electric cars sales surged last year, but the SMMT warns that charging infrastructure needs investment.

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CEO Secrets: 'Make decisions as if you were on your deathbed'

Michael Cockburn, co-founder of office-working app Desana, shares his business advice.

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Cost of living: Government discusses fuel bill support

Targeted energy cost support is emerging as the favourite option to tackle the cost of living crisis.

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Labour calls again for 5% VAT cut on energy bills

Angela Rayner says rising living costs are hitting families hard, but Boris Johnson insists help is available.

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Covid: Travel firms call for removal of testing rules

With case rates of the Omicron variant so high, airlines say testing passengers is having no real impact.

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China investment firm's shares slump after $6.6bn bailout

The firm's former chairman Lai Xiaomin was executed last year after being found guilty of corruption.

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China Mobile shares rise in Shanghai debut after US exit

The company delisted in New York after a Trump-era move to restrict investment in Chinese tech firms.

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Asus recalls product after users 'smell smoke'

The computer company has had a "few" complaints and warned some 2021 models could be affected.

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Can a solar-power fridge get more people vaccinated?

A fridge designed for areas with no electricity is now helping dispense Covid vaccines in Kenya.

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Is there a better way to make new resolutions stick?

There are lots of apps that promise to make you healthier and happier but are they any good?

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China: Evergrande shares rise as Hong Kong trade resumes

The crisis-hit company suspended its shares on Monday pending the release of "inside information".

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Elon Musk: Tesla criticised after opening Xinjiang showroom

The world's most valuable car maker opened the new showroom in the city of Urumqi on New Year's Eve.

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Apple becomes first firm to hit $3tn market value

The firm's value more than doubled during the pandemic as people bought more gadgets during lockdowns.

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Why BlackBerry held the tiny keys to my heart

The classic smartphone's life comes to an end on 4 January as the firm switches off support.

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Elizabeth Holmes: Theranos founder convicted of fraud

A jury found the Silicon Valley ex-CEO guilty on four of 11 counts after seven days of deliberations.

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UK steel future uncertain without US tariffs deal

Europe has reached an agreement over Trump-era taxes but the UK is still facing 25% tariffs.

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David Bowie: Singer's estate sells rights to his entire body of work to WCM

Warner Chappell Music say they are "immensely proud" to be "chosen as caretakers".

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Turkey's inflation hits 36% amid financial turmoil

The cost of living hits a 19-year high as the country refuses to raise its interest rates.

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Covid staff shortages set to continue into New Year

Pub groups and retailers warn that sickness and isolation continue to blight their businesses.

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Top US phone firms reject call to delay 5G rollout

Transportation and aviation authorities called for a delay of two weeks on safety concerns.

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China: Evergrande suspends shares in Hong Kong as firm tries to raise cash

The move comes as the debt-laden property developer struggles to raise cash to meet its obligations.

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China: Why some think "small eyes" are not beautiful

Brands featuring Chinese models with narrow eyes in advertisements have been accused of racism.

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Marjorie Taylor Greene: Twitter bans congresswoman over Covid misinformation

The congresswoman was suspended after tweeting falsely about high levels of vaccine related deaths.

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Gas prices: MPs and peers urge PM to act on energy bills

Five ex-ministers are among those saying Boris Johnson should cut VAT and green levies to help households.

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Covid: Workplaces told to plan for absences of up to 25%

Rising Covid cases could see a worst case scenario of up to a quarter of staff off work, the government says.

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