Meerkat ads pulled over Ukraine war sensitivities

Comparethemarket's Aleksandr Orlov is a fictional rich Russian living in London.

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Petrol prices: Are we paying too much at the pump?

Fuel retailers face calls to reduce prices, as the cost of living rises

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Russia hits back at Europe over flight ban

Moscow is shutting its skies to 36 countries following Western sanctions against Russia.

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UK petrol price jumps above £1.50 as oil costs rise

Fuel costs reach new highs as Russia's invasion of Ukraine continues to affect global oil prices.

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Nationwide customers hit by fresh payment problem

Payments into and out of accounts are delayed in the latest round of disruption to hit the building society.

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UK fast-tracks law to tackle Russian 'dirty money'

The new law follows the invasion of Ukraine and will target money-laundering by foreign oligarchs.

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Why the world is waging economic war on Russia

Sanctions imposed by Western nations will cause major repercussions for Russia's financial system.

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How badly will Russia be hit by new sanctions?

The latest financial measures against Russia for invading Ukraine had been seen as a 'last resort'.

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Ukraine invasion: Russian planes face near-total airspace ban to west

An EU official says most countries on the continent are expected to limit access to Russian airlines.

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Volunteers are helping lower bills for those on low incomes

Specialist community groups are offering workshops and home visits to help people cut energy bills.

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West to cut some Russian banks off from Swift

The EU, US and allies will cut off a number of Russian banks from main global payment system Swift.

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Swift payments crackdown on Russia edges closer

Germany, the main opponent of excluding Russia from the Swift banking system, now says it favours curbs.

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Millions in Bitcoin pouring into Ukraine from donors

Thousand of anonymous donations are being made to the Ukrainian military in Bitcoin.

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Fears of UK food and fuel prices rising due to war

Economists say the rate at which prices rise in the UK could reach 8%, the highest level in 30 years.

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Post Office scandal: Hull victim Janet Skinner addresses inquiry

Former sub-postmistress Janet Skinner gives evidence at the inquiry into the Horizon IT scandal.

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Bitcoin less green since China ban, research suggests

Mining new bitcoins now uses less renewable energy and creates more pollution.

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Ukraine crisis: Man Utd terminate Aeroflot deal

Manchester United terminate their sponsorship deal with Russia's national airline Aeroflot.

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John Lewis to end 'Never Knowingly Undersold' price pledge

The retailer says it will abandon the promise in the summer and instead spend £500m to keep prices down.

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Ukraine conflict: What is Swift and why are leaders divided on banning Russia?

The UK wants Russia banned from the Swift financial network, but other countries are resisting.

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Studio Retail Group bought out of administration for £26.8m

Accrington-based Studio Retail Group is bought by Mike Ashley's Frasers Group for £26.8m.

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'Chaotic' youth job scheme failing to deliver, MPs say

The £1.9bn plan to get youth into work has helped fewer people than predicted, a group of MPs says.

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Could you pledge not to fly on a plane for a whole year?

The growing number of people ditching air travel entirely or choosing to carbon-offset.

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Losing Southeastern franchise to cost Go-Ahead £81m

Go-Ahead Group was stripped of the franchise in 2021 after failing to declare £25m in taxpayer cash.

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Students to pay off loans into their 60s, plans say

The government announces a shake-up of student finance in England to reduce the bill for taxpayers.

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Oil soars past $100 after Russia orders troops into Ukraine

This comes amid economic sanctions and moves to block a key Russian gas pipeline.

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Why China matters in the Ukraine conflict

Beijing does billions of dollars of trade and business with both Kyiv and Moscow.

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Covid: 'We'll still ask staff to isolate despite rule change'

Some businesses raise concerns over the removal of all Covid rules in England from Thursday.

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Sunak 'firmly believes in lower taxes' ahead of tax rise

The chancellor will pledge to deliver a lower tax economy amid pressure scrap rises in National Insurance.

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The mobile phones you can take apart and repair yourself

Phones you repair yourself are increasingly popular, and are attracting an enthusiastic following.

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Boots to sell £6 Covid tests ahead of rule change

Four-packs of lateral flow tests will be on sale for £17 from Wednesday despite free tests remaining until 1 April.

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Russia's plan to fight back against Western sanctions

President Putin has made changes to protect the Russian economy since it first was hit by sanctions in 2014.

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Nord Stream 2: How does the pipeline fit into the Ukraine-Russia crisis?

The controversial Nord Stream 2 pipeline has become a key bargaining chip to defuse a conflict - here's why.

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National Portrait Gallery's BP sponsorship to end

The energy giant's funding of the gallery has become a controversial topic in recent years.

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Boris Johnson announces UK sanctions against Russia

Boris Johnson says five banks and three individuals will be targeted after a "renewed invasion" of Ukraine.

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Menzies Aviation faces £560m takeover by Kuwaiti rival

Directors recommend a new offer from Kuwait-based National Aviation Services to shareholders.

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Post Office scandal: 'I was sentenced as my grandchild was born'

Victims of one of Britain's biggest miscarriages of justice tell an inquiry of the impact on family life.

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British Airways blames luggage delays on high winds

The airline says continuous high winds are making it difficult to offload passengers' luggage.

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Home buyers facing soaring asking prices

A near £8,000 price rise between January and February is the highest for 20 years, says Rightmove.

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Covid rules: Workers face terrible choice, says TUC

An expected change in rules in England could hit low-paid workers, the trade union says.

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McDonald's pig policy fight escalates with board nominations

Billionaire investor Carl Icahn says how the animals are reared for products is "obscene".

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Credit Suisse denies wrongdoing after big banking data leak

A new investigation identifies thousands of foreign customers who stashed their money at the bank.

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Lufthansa to suspend flights to Ukraine capital

The German airline will also halt services to Odessa as fears grow over a Russian invasion of Kyiv.

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Do more to spur investment, firms urge government

The trade body says firms need help as they face the highest tax burden in decades.

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Woollen mills: Plans to save 'iconic' Welsh blanket

One mill is becoming an employee ownership trust and another is hoping to be taken on by a museum.

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More than 17,000 chain store shop closed last year

Figures reflect the rise of online shopping and the pandemic, but the rate of closures is slowing.

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Energy bills: 'It's really extraordinarily grim'

Mary Paterson is one of thousands facing energy price rises of 200% because of no price cap protection.

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Post Office scandal: Ex-postmistress describes 'night terrors'

A former post-mistress tells an inquiry how the Post Office threatened to take her home home away.

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Sports car dreams up in smoke as cargo ship catches fire

Thousands of Porche, Audi and VW cars on cargo ship to the US which caught fire in the Atlantic Ocean.

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Storm Eunice: Travellers urged to stay at home

Bus, train, flights and ferry services have been disrupted across England and Wales due to the storm.

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Stocks tumble as tensions rise over Ukraine

The falls came as the US accused Russia of preparing fabrications to justify an invasion.

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Virgin Media and O2 users face big bill increases

Soaring inflation means many customers face price rises way beyond what they could have imagined.

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KitKat and Durex makers Nestle and Reckitt warn of price rises

Consumer groups Nestle and Reckitt say product prices will rise to offset higher operating costs.

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Apple boss Tim Cook faces investor concern over £73m pay

A shareholder group says it has "significant concerns" over the size of Tim Cook's pay package.

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Nick Clegg gets bigger role at Facebook owner Meta

The former UK deputy prime minister has been named the firm's president of global affairs.

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Ex-Goldman banker: 'Bribes' made 1MDB business possible

A former Goldman Sachs banker is on trial for his role in a multi billion dollar corruption scandal in Malaysia.

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US accuses China of 'serious harm' to workers through trade

The US Trade Representative has accused Beijing of repeatedly failing to live up to commitments on trade.

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Disney appoints executive to oversee metaverse strategy

Technology giants, including Meta and Microsoft, are pouring billions of dollars into the metaverse.

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Car industry calls for electric charge watchdog

Manufacturers call for a regulator to monitor electric car charging prices and charge point rollout.

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Airbnb: City travel almost at pre-pandemic level

Cities are important destinations for the lodging website's business.

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Airbus workers vote for strike action in pay row

Workers at two plants could walk out in March unless a better deal is offered, a union says.

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Markets rally on hopes of Ukraine de-escalation

Global markets jump amid hopes that military tensions over Ukraine could be easing.

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Post Office scandal: 'I don't trust anybody anymore'

Former sub-postmasters describe how being wrongly accused of stealing has affected their lives.

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Post Office scandal ruined lives, inquiry hears

The inquiry into wrongful convictions must put former sub-postmasters at its heart, a lawyer says.

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Travel shares plunge as Ukraine tensions hit stock markets

Stock markets across Europe fall with shares in British Airways' owner IAG and cruise firm Carnival hit hard.

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Buy-now-pay-later firms to make rules fairer, says regulator

Providers will make terms and conditions clearer amid concerns consumers could be at risk.

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Petrol and diesel prices reach new record high

The price of fuel at the pump has risen with petrol at 148.02p a litre and diesel at 151.57p.

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Ukraine vows to keep airspace open despite tensions

The country promises financial help for airlines amid fears more will follow KLM and avoid Ukraine.

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JD Sports and Footasylum fined £4.7m for competition breach

The firms, which once hoped to merge, broke rules over sharing commercially sensitive information.

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India bourse head was a 'puppet' of unnamed yogi, regulators say

Chitra Ramkrishna allegedly shared business plans, meeting agendas and financial projections with the guru.

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Post Office scandal: Public inquiry to examine wrongful convictions

More than 700 sub-postmasters and mistresses were wrongly convicted due to a flawed computer system.

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HMRC seizes NFT for first time in £1.4m fraud case

The tax authority says it is the first UK law enforcement body to seize a Non-Fungible Token.

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Two 'green freeports' to be established in Scotland

The Scottish and UK governments agree the deal as Boris Johnson is expected to visit Scotland.

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Big banks fund new oil and gas despite net zero pledges

Investors should force banks to demand green plans before funding fuel firms, campaigners say.

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Northern Powergrid sorry for Storm Arwen trillion pound compensation error

Customers hit by power cuts in Storm Arwen erroneously received cheques for trillions of pounds.

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Post Office scandal: 'I want someone else to be charged and jailed like I was'

Former sub-postmasters hope for "justice" as statutory inquiry into scandal starts hearing evidence.

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Poundland moves into fresh food

The brand better known for discount household essentials has rolled out its first supermarket-style format

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Cost of pasta and tinned tomatoes jumps as shop prices rise

Research for the BBC suggests the price of 15 food staples across four supermarkets has risen 8% in a year.

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The challenges of running a business in Ukraine's second city

There is a sense of déjà vu among the business community in Kharkiv, 26 miles from the Russia border.

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Luton Airport: Travel is a 'bit more of a normal life again'

There are "green shoots" for the air industry as Covid tests ease for travellers, a business says.

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3,000 NYC staff face lost jobs over vaccine rules

New York City announced its vaccine mandate last year, and the new mayor has said it stays.

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Spain relaxes Covid restrictions for UK teenagers

From Monday, unvaccinated British 12-to-17 year-olds will be allowed into Spain with a negative test.

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Apple moves to stop AirTag tracking misuse

The company will introduce a range of measures, after concerns AirTags were being used by stalkers.

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Crypto exchange Binance to take $200m stake in Forbes

The investment by a former antagonist is the latest twist for the 105-year-old media business.

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Tesla sued over alleged racial discrimination

The electric carmaker says a lawsuit by a California regulator, claiming harassment, is "misguided".

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Freedom Convoy: Canada trucker protests force car plant shutdowns

Toyota, Ford and Chrysler-owner Stellantis have had to curb production because of border closures.

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Openreach creates 4,000 jobs for broadband rollout

The company, which is owned by BT, says 3,000 of the new roles are apprenticeships.

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Stansted Airport mounts recruitment drive ahead of 'bumper' summer

Stansted Airport is hoping for a bumper season after two years of downturn due to Covid.

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Colgate products disappear from sale at Tesco

The toothpaste is being removed from the supermarket's shelves because of a "supplier issue".

from BBC News - Business https://ift.tt/XT8bBrs

Boris Johnson accused of not taking online fraud seriously

Boris Johnson says he hates fraud, as he faces calls to apologise for not including it in crime statistics.

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Mutual insurers LV= and Royal London end merger talks

It is the latest in a tumultuous few months for LV=, after a private equity takeover was rejected.

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Greggs and Primark to launch fashion range

A limited-edition, 11-piece collection will be available in 60 Primark stores later this month.

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Rental costs jump as workers return to the office

People looking to rent a property are paying £62 more a month than pre-pandemic, says Zoopla.

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Starbucks fires organisers as union threat grows

The coffee giant rejects accusations of retaliation after firing staff at one of its locations in Memphis.

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Record-high seizure of $5bn in stolen bitcoin

Two suspects allegedly conspired to launder the money after it was stolen by a hacker in 2016.

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Energy prices: Tougher rules would have helped customers, Ofgem says.

Ofgem boss tells MPs different regulation will be required following a wave of company failures.

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Peloton boss John Foley to step down amid takeover interest - report

John Foley will be replaced and the exercise firm will cut 2,800 jobs as potential suitors circle.

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Pre-payment energy customers feeling the strain

Pay as you go customers will typically pay £708 more a year for their energy

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The people fighting price rises by trying to buy nothing

A surge of interest in Buy Nothing groups is a sign buyers are hunting for new ways to avoid inflation.

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Porn sites will be legally required to verify users' age

Under new rules, users may be asked to prove they own a credit card or confirm their age via a third-party service.

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Asda in cheap food promise after Jack Monroe complaints

The supermarket vows to stock its budget range in all stores after the food activist criticised shortages.

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Primark accused of selling 'hugely sexist' kids clothes

Author Kate Long shared images of girls' items telling them to "be kind" or "keep on smiling".

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Beer prices will have to rise, says Cobra founder

A "vicious cycle" of rising costs means nearly all businesses are being squeezed, Lord Bilimoria says

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House price growth set to slow considerably, says Halifax

Affordability remains a problem and households are facing a cost of living squeeze, the lender says.

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Amazon and Nike exploring Peloton takeover, reports say

The exercise equipment maker's shares have slumped in recent months as it faced a number of challenges.

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North Korea: Missile programme funded through stolen crypto, UN report says

Investigators say cyber-attackers stole over $50 million in digital assets between 2020 and mid-2021.

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Private parking fines to be capped at £50

Drivers will also need to be given a grace period for lateness, as part of a government crackdown on parking firms.

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Climate change: Top companies exaggerating their progress - study

Companies including Google, Amazon and Ikea are not meeting their own green targets, a report finds.

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Worst to come for food price rises, Tesco boss says

Boss John Allan tells the BBC costs will rise further and the plight of people on low incomes "troubles us".

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Climate change: Tesco using electric lorries in 'UK first'

The UK's largest supermarket chain is using battery-powered trucks to lower its carbon footprint.

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Can tourism ease the inflation pressure in Turkey?

As people in Turkey battle a massive rate of inflation could tourism help ease the situation?

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Waitrose and Lidl top Which? greenest supermarket ranking

Researchers examined the chains' greenhouse gas emissions and efforts to cut plastic and food waste.

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Why do energy prices have to go up? And other questions

BBC correspondent Kevin Peachey answers your questions on the rise in energy prices.

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US jobs growth stronger than expected as economy shrugs off Omicron

Employers added 467,000 jobs in January, far better than most analysts had predicted.

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European oil facilities hit by cyber-attacks

Multiple oil transport and storage companies across Europe have been hacked, the BBC has confirmed.

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Soaring prices: 'I may have to move back in with my parents'

People from across the UK tell BBC News how they feel about soaring energy bills.

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Don't ask for a big pay rise, warns Bank of England boss

Andrew Bailey says a 'painful' period of prices rising faster than wages is needed to control inflation.

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Carillion: KPMG hit with £1.3bn government lawsuit over audit

The lawsuit claims KPMG failed to spot misstatements in the construction giant's accounts before it went bust.

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KP Snacks hack prompts crisp and nut supplies warning

The producer of McCoys, Hula Hoops and various varieties of nuts, is hit by a ransomware attack

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Millions to get energy bill rebates of up to £350

Millions will get a £200 rebate, with a further £150 council tax cut available to most in England.

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Interest rates rise again in bid to cool soaring prices

Bank of England increases rates for the second time in three months as the cost of living rises.

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Energy bills to rise by £693 a year for millions

A typical household will pay £1,971 a year from April but plans to ease the hit will be revealed soon.

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Fawdon Nestle factory to close with loss of 474 jobs

Unions condemn the closure of the sweet factory and the loss of 474 jobs as "unacceptable".

from BBC News - Business https://ift.tt/LvrVgcfl9

Facebook owner Meta warns advertising is slowing

Shares in the tech giant plunge after the firm warns of rising costs and slower growth.

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Pret raises the price of its coffee subscription by 25%

Some customers say the 25% rise is too steep but Pret says its costs are rising sharply.

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CNN's Jeff Zucker resigns over undisclosed relationship

The network president told staff he was "wrong" to not report the consensual relationship.

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'The volunteers helping people cope with high energy bills'

Council grants and community projects are stepping in to help families with soaring energy costs.

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Households to get £200 help to ease energy bill rise

A government loan package will mean a £200 cut in household bills - but the money will have to be repaid.

from BBC News - Business https://ift.tt/Byv50dwac

Shoppers warned of £180 rise in annual food bills

Average annual grocery bills are set to rise as cost of living squeeze continues, a report says.

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Tesco puts 1,600 jobs at risk as it ends overnight restocking

The supermarket's plans will mean the end of overnight restocking at some of its stores.

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Two million people miss tax return deadline

Penalties for late filing will not be enforced for another month, HM Revenue and Customs says.

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Stamps join the digital world with QR codes

People receiving mail will be able to watch videos and, in the future, greetings from senders.

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Rio Tinto says 21 female workers reported sexual assaults

A report by the mining giant finds sexual assault, racism and bullying systemic in its Australia operations.

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